The following information is intended to help you understand the process of buying a property in Turkey and to give you an indication on the obligations of overseas home ownership.

• Once you have decided on which property to purchase;
• A payment plan will be drawn up at the office of  Prestige Construction Ltd and will be given to the client along with receipts for monies paid.
• The deposit (1000 or 2000 Sterling / 1500 or 3000 Euro) and legal costs will need to be paid at this stage

Please note:  (Deposit and legal costs are non refundable.)

•  We will take you to the solicitors' office where the sale agreement will be drawn up. The solicitor will make sure that the title of the property is checked; that the person who is selling the property actually owns it; whether there are any charges on the property; where applicable that building licences and permissions are in order; and that the terms and conditions stipulated by the seller are checked for fairness. The sale agreement will be translated from Turkish into English by the legal translator. The solicitor, legal translator, buyer and seller will sign the sale agreements, and each party will get a copy of the sale agreement in Turkish and English, this will also be given to Prestige Construction Ltd  for our records.
• If you would like to give the solicitor in Turkey Power of Attorney to sign for the release of your title deeds from the title deeds office once they have been authorized, we can take you to the notary office to have this done (only during week days). Please note that giving the solicitor Power of Attorney does not give us or the solicitor any claim over your property, it will be your name and picture on the title deeds.
• The solicitor will then arrange for the paper work to be sent to the title deeds office for the transfer of the title deeds into your name. The title deeds office will send the passport copies and title deeds to the Aegean Army Base in Izmir for the military check. This military check is only to determine that the area the property is in, is not within a certain kilometer radius from a Turkish military base (this could take approximately 3 or 6 months).
• Once the title deeds have been authorized, we will inform you. This is the time when you need to pay the balance due for your property, the buyers tax, earthquake insurance and the water and electricity connection fee. We will inform you of all payments that need to be made at this time (as reflected on your payment plan).
• The release of the title deeds from the title deeds office is signed in the presence of the notary by the buyer and the seller. You can either attend the signing in person or appoint someone as power of attorney to attend on your behalf (for example the solicitor) – if you do not attend in person we will email/post a copy of your title deeds to you for your records, the original will be kept at our office and you can collect it when you next come to Turkey).
• The solicitor will then arrange for the new title of the property to be registered with the local council office for property tax purposes. 
  

Property tax
Approximately 0.5% to 0.6% of property price, paid yearly, depending on type of property and location. 

Water & Electricity Connection Fee
Between £200 - £400/€296 - €592 depending on type of the property and location.

Earthquake Insurance
Depending on property size and location. (Required by Law)

Property on a Complex
There is an annual maintenance charge of £200 - £750/€296 - €1,110