Buying a property in Turkey is a lot easier than in many other European countries. You can purchase land and property in your own name(or in several names if you are buying with a partner of friends), in towns or rural areas.

In order to acquire the title of a property, an application has to be submitted to the local Land Registry Office where the property is situated. After carrying out necessary searches and checks by Izmir Aegean Army, the transfer of the title is done by the Land Registry Office. In Turkey it is legally compulsory for both sides (the seller and the buyer) to be present at the entry in the property register. During the transaction, the documents concerning the transfer of the purchase price into Land Registry Office. A purchase tax of 3% is collected from you during this transaction.

The newly built properties are exempt from the annual property tax for 2 years. All properties are subject to revaluation for every five years for tax purposes. The acquired property may be resold or rented out and the proceeds may be transferred out of Turkey. Different regulations apply when a property is purchased for business purposes.

For the latest information on purchasing through our partners in Turkey, please click here to visit their website.