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The purchase of an overseas property should be both an easy and enjoyable experience, providing the vendor is professional in their approach, there should be no complications within reason.ERTAINTERNATIONAL endeavour’s to provide the best service possible regarding all aspects of purchasing a property in Turkey. The following is an overview of the basic purchasing procedures involved in buying an apartment, villa or commercial plot through ERTAINTERNATIONAL . Whether the property is used as a holiday residence, permanent residence or retirement residence, the purchase of property is always an investment for the future. ERTAINTERNATIONAL services are available to you 365 days a year. Providing that one can respect and is familiar with the rules and regulations, the purchase of property in Turkey is simple, safe and risk free. Each transfer of ownership is registered at the Land Registry Office. After the transfer of ownership the new owner receives a legal proof of ownership, referred to as the Tapu (Title deed for the property). For the exchange of deeds the old and the new owner should be present at the Land Registry Office in person or their appointed solicitors. The legal proof of registration and ownership, the Tapu (title deed), is publicly recognised and property taxes are only levied on the declared amounts stated in the Tapu. Additional costs relating to the purchase of property, like conveyance tax, costs for the sworn interpreter, the preparation of documents and special taxes like 'tapu transfer' and and other related taxes for public institutions are paid by the purchaser as a rule. Annual Property Government Tax Apartments / Buildings (general): 0.3 % (of the declared property value stated in the tapu) Villas / Houses: 0.2 % (of the property value stated in the tapu). Plot: 0.2% (of the value stated in the tapu). Plot beyond town boundaries: 0.1% (of the value stated in the tapu). The above taxes were correct at time of publication and may be subject to change and are determined by the local municipality. Please Note Not withstanding Ertainternational and its affiliate companies have endeavorued to provide accurate information at the date of publication.ERTAINTERNATIONAL and its affiliate companies accept no responsibility under any circumstance without limitation for any inaccuracies found with regard to information contained within this webpage and any other downloaded content via this webpage.. |
