Real Estate Alanya - Real Estate Purchasing Procedures


 

Jasmin Real Estate helps its customers at every step during purchasing of a property in Alanya. We are helping our customers for the following legal procedures when purchasing a villa, apartment or plot:

Payment Options

  • Jasmin Real Estate offers a range of purchase options that vary depending on the property in question. For example the payment options for a finished property will differ from that of a property at the plans stage. If you are interested in a particular property, or range of properties, please contact us to find out more details.

Financial Advice

  • We have teamed up with independent financial advisors that you may contact with respect to the options available to you when purchasing property abroad. We do not receive any fee from their services. Naturally you are free to discuss your financial options with an advisor of your choice. We offer you the following options as they are already familiar with our business.

Legal Requirements

  • The named purchaser, or an officially appointed representative, are the only individuals that can sign the ownership and legal documents (TAPU). The names purchaser their representative must personally attend the appointed office in order to finalise and collect the purchase documents.
  • A copy of the buyer's valid current passport.
  • 2 colour passport photographs.
  • If the property is being bought as a joint venture, copies of valid passports and passport photographs are required for each individual.

Buying property

  • Buying property in Turkey is a good investment. We at Jasmin Real Estate offer you properties to suit any budget. Our staff is at your service to help you with all the formalities at every stage of the purchase. Buying a property through us in Turkey, is easy and without any risk.
  • Conveyance is executed in the Land Registry Office, which is a State Department. No other department, authority or person has the power to transfer to your name. The new owner of a property receives a Tapu (title deed) in Turkish. A Tapu is the official document proving ownership of a property.
  • The conditions for real property acquisition by foreign natural person in Turkey are set out by the Land Registry Act number 2644. Foreigners can buy properties within municipal boundaries. According to “The law of military forbidden zones”, the real properties in such areas can not be sold, transferred and rented. Foreigners wishing to buy property must apply to the Tapu Office to apply for permission from the military office. Such application may take a couple of months. A title deed is transferred upon receipt of military permission.

Extra Costs

 

Property Tax

  • Approximately 0.5% based on the value declared by the Belediye (local authority)

Sales Tax

  • Approximately 3% based on the value declared by the Belediye (local authority)

Regional Government Tax

  • Dependent on size of property

Legal Fees

  • Preparing the tapu, registering the sale, notary charges, translator fees etc.

Connection Charges

  • Water, electricity, gas etc.

Agent Commision

  • %3 comission charged onto the selling price of property

Electricity

  • New connection of electricity meter: Approx. €100 (once only)
  • Name transfer of an existing connection: Approx. €50 (once only)
  • Energy cost per kwh: Approx. €0,20

Water

  • New connection of water meter: Approx. €60
  • Name transfer of an existing connection: Approx. €50
  • Water cost per m3: Approx. €0,8

 

 

 

 

 

 

 

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Real Estate Alanya Web Site: http://www.realestates-alanya.com