The documents required when buying property in Turkey are among the most important points that any investor or foreign buyer should understand precisely before proceeding with the purchase.
With the continued boom in the Turkish real estate market and the increase in foreign demand, it has become necessary to prepare the documents required to buy a property in Turkey in advance to avoid any delays in legal procedures.
In this article, we will learn about all the papers required to buy a property in Turkey, from the first legal steps to buy a property in Turkey, until obtaining the title deed.
In addition to clarifying the importance of the tax identification number for buying a property in Turkey and opening a bank account for buying a property in Turkey, while highlighting the role of Mbany Real Estate in facilitating these procedures.
What Documents Are Required to Buy a Property in Turkey?
The documents required to buy a property in Turkey vary according to the buyer's nationality and the type of property, but they often include standardized documents required by the Land Registry Directorate (Tapu Office) and real estate offices.
Documents for Buying a Property in Turkey for Foreign Investors
The essential documents that a foreign investor must prepare include:
- A valid passport translated into Turkish and notarized.
- The Turkish tax identification number (TIN), which is one of the most important documents required to buy a property in Turkey and is used in all official transactions.
- A real estate appraisal report in Turkey, which determines the market price of the property and is officially required before transferring ownership.
Documents Required for Foreigners' Property Ownership in Turkey
- Two recent personal photos with official specifications required by the Land Registry Directorate (Tapu Office).
- Proof of address in the country of residence, such as a utility bill or bank statement.
- A translated and officially certified copy of foreign documents such as a passport or marriage certificate when buying jointly, which are among the most prominent papers required to buy property in Turkey.
Essential Documents for Buying Property in Turkey
Documents for Registering the Property at the Turkish Land Registry Directorate (Tapu Office)
In the property transfer phase, a set of documents is required to register the property:
- Previous title deed (if any), clarifying the legal status of the property.
- The sale/purchase contract between the parties, which must be documented and submitted to the Land Registry Directorate (Tapu Office).
- Earthquake insurance policy (DASK), which is one of the mandatory documents required to buy a property in Turkey.
Documents Required to Obtain a Title Deed in Turkey
To complete registration and receive the title deed (Tapu):
- A transfer of ownership request submitted through an appointment at the Land Registry Directorate (Tapu Office).
- A receipt for payment of the Tapu fee, which represents the real estate transfer tax, and is one of the essential documents for buying property in Turkey.
Legal Steps to Buy a Property in Turkey
Understanding the legal steps to buy a property in Turkey ensures safe and smooth ownership, and helps avoid legal problems in the future.
Verification of Property Ownership
- Ensuring that the property is free of any mortgage or legal problems through the official Land Registry record (Tapu).
- Examining the details of the property through the Tapu Bilgisi system or directly through the Tapu Office.
Review of Official Contracts
- Signing a preliminary sale contract upon agreement between the parties, which includes the final price and payment terms.
- Notarizing the contract by a notary public to ensure legal enforceability.
Opening a Bank Account for Buying Property in Turkey
Importance of a Bank Account in the Purchase Process
- Opening a bank account to buy a property in Turkey is a prerequisite for transferring funds from abroad.
- It facilitates proving the source of funds in accordance with anti-money laundering regulations, which is a government requirement.
Documents Required to Open an Account
- Passport translated and notarized.
- Tax identification number (TIN) for buying a property in Turkey.
- Proof of address, such as a utility bill or bank statement from the country of origin.
Tax Identification Number (TIN) for Buying Property in Turkey
How to Obtain the Tax Identification Number (TIN)
- It is obtained from the nearest tax office in any Turkish city.
- It requires only the original passport and is granted within minutes.
Uses of the Tax Identification Number (TIN) in the Purchase Process
- Opening a bank account.
- Signing contracts.
- Paying real estate taxes.
- Documenting government transactions.
Translation and Notarization of Official Documents in Turkey
What Documents Need Translation?
- Passport for all buyers.
- Marriage certificates if purchasing by a couple or in case of inheritance.
Translation and Notarization Entities
- Translation is done through a certified sworn translator.
- Notarization is done through a notary public (Noter) to ensure official recognition.
Real Estate Appraisal Report in Turkey
When is the Appraisal Report Required?
- Mandatory in every property sale or purchase transaction, especially when buying property for foreigners.
- The report is submitted to the Land Registry Directorate (Tapu Office) as part of the documents required to obtain a title deed in Turkey.
From Which Entities is the Report Issued?
- Valuation companies licensed by the Turkish Capital Markets Board (SPK).
- It usually takes 2 to 4 business days.
Earthquake Insurance (DASK) When Buying Property
Importance of DASK Insurance
- Mandatory insurance for any property purchase in Turkey.
- Protects the property from natural disasters and is one of the essential documents for buying property in Turkey.
Where is the Insurance Issued?
- From insurance companies approved in Turkey.
- It can also be easily issued through local banks.
Personal Photos Required to Buy a Property in Turkey
Number of Photos and Specifications
- Two personal photos are required for the buyer, with a white and recent background.
- These photos are required to be attached to the Tapu transaction and are among the documents required to buy a property in Turkey that are often forgotten.
Mbany Real Estate Company and its Services for Investors
Why Choose Mbany Real Estate Company?
- Mbany Company has extensive experience in preparing the papers required for property ownership for foreigners in Turkey.
- It helps in opening a bank account for buying property in Turkey quickly and professionally.
- It undertakes the task of obtaining the tax identification number (TIN) for buying a property in Turkey effortlessly.
- It provides translation and notarization services for official documents in Turkey, including sworn translation and notary public authentication.
- The company also provides comprehensive legal support and accurate real estate appraisals in cooperation with accredited bodies.
Frequently Asked Questions: Documents Required When Buying Property in Turkey
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What are the most important documents required to buy property in Turkey for foreigners ?
Translated passport, tax identification number (TIN), real estate appraisal report, DASK insurance, personal photos, proof of address.
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Do the documents need official translation ?
Yes, most documents need official translation and notarization by a notary public, such as passports and marriage certificates.
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How long does it take to get a tax identification number (TIN) ?
Only 15 to 30 minutes, and it is granted directly from the tax office.
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Can you buy property without opening a bank account ?
No, a bank account is required to transfer the amount legally and ensure financial transparency.
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Who is responsible for the real estate appraisal report ?
It is issued by companies licensed by the SPK and is officially required in all sales and purchase transactions.
Conclusion: Documents Required When Buying Property in Turkey
In the end, the documents required when buying property in Turkey form the cornerstone of every successful and safe ownership process.
From preparing the tax identification number (TIN) for buying a property in Turkey, and opening a bank account for buying a property in Turkey, to preparing documents for buying a property in Turkey and documents for registering the property at the Turkish Land Registry Directorate (Tapu Office), every step must be implemented accurately and in accordance with Turkish law.
Mbany Real Estate Company provides all these services under one roof, making it easier for foreign investors to journey towards property ownership in Turkey with confidence and security. Do not hesitate to contact us to start your journey with the documents required to buy a property in Turkey with complete professionalism.