REAL ESTATE MARKETING AGENCY

/INFO ABOUT BUYING PROPERTY IN TURKEY


Real Estate Acquisition of Foreigners In Turkey
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ALL INFORMATION TITLES DOWN BELOW IS FROM
THE OFFICIAL WEB PAGE OF TURKISH EMBASY IN LONDON


http://www.turkisheconomy.org.uk/buying_property.html

PLEASE CLICK ON THE LINK ABOVE IN ORDER TO REACH DETAILS FOR THE TITLES BELOW.

A NOTE ON THE CONSTITUTIONAL COURT'S DECISION
ABSTRACT
I BUYING A PROPERTY IN TURKEY
1.1 Who can buy a real estate in Turkey?
1.2 What is the legal framework for property ownership?
1.3 Are Turkish citizens and foreigners treated differently?
II HOW TO CONTACT RELEVANT PROFESSIONALS
2.1 Types of properties, finding property, contacting real estate agents
2.2 Are you advised to hire a solicitor?
2.3 How to contact Turkish solicitors who speak English?
2.4 How to contact other English speaking professionals?
2.5 Can you assign someone for your all transactions? Power of Attorney
2.6 Use of institutional expertise: Real Estate Investment Trusts
2.7 Are there any (universal) mortgage companies in Turkey?
2.8 Translation professionals
2.9 Real Estate Appraisal Companies
2.10 How to find financial resources to buy property in Turkey?
III BASIC STEPS
3.1 Double checking the property
3.2 Preparing a draft contract
3.3 Having the draft contract translated
3.4 Having the contracts notarised
3.5 Payment terms of the contract
3.6 Application to the TAPU Office
3.7 Documents asked by the TAPU Office
3.8 Military clearance
3.9 How are FDI and foreign companies treated by TAPU Offices?
3.10 Issuance of a new TAPU by the Office
3.11 Declaration of acquisition to the local government
IV HOW TO MAKE THE PAYMENTS? BANK ACCOUNTS
4.1 Why is a bank account needed?
4.2 Which currency should be used?
4.3 Contact information of Turkish Banks
4.4 Types of bank accounts
4.5 Other investment tools provided by banks in Turkey
4.6 Internet banking services
4.7 Opening a bank account in Turkey
4.8 Joint accounts
4.9 Privacy of accounts
4.10 Opening a bank account in Turkey when you are in the UK
4.11 Using your UK cheques in Turkey
V EVERYTHING ABOUT A TAPU (TITLE DEEDS)
5.1 What is a TAPU? What does it look like?
5.2 Meaning of the terms on a TAPU
5.3 How to check the details?
VI OTHER IMPORTANT POINTS IN BUYING A PROPERTY
6.1 Overdue Real Estate Tax Debts
6.2 Overdue debts for utility services
6.3 Current Tenants
6.4 Double Checking the Registry Records
6.5 Appropriateness of the building
6.6 Buildings under construction
6.7 Construction of a building on a land
6.8 Housing Co-operatives
VII TAXES & COMPULSORY INSURANCE
7.1 Basic property-related taxes
7.2 What gains can be attained through property? Are those gains taxed?
7.3 Taxes and Compulsory Insurance
7.4 Preparation of wills and transfer of property to the heirs
7.5 Divorce settlements
7.6 Your UK pensions
7.7 More information on taxes
VIII WHY TO AVOID TAX EVASION?
8.1 Are you a tax evader?
8.2 Can the financial penalties charged on a tax evader be amnestied? How?
8.3 The principal term of the financial penalty and interests charged on a tax evader
8.4 Risk of paying much more personal income tax in case of a sale
8.5 Risk of being paid very low compensation in case of nationalisation
8.6 Risk of re-mortgaging your property at a lower value
8.7 Risk of being involved in an anti-money laundering activity
8.8 Risk of being included in the black lists of financial organisations
8.9 Other important points
IX LIABILITIES, UTILITIES & OTHER LEGAL ISSUES
9.1 What are the liabilities of an (foreign) owner?
9.2 Electricity, gas, water, telephone, and heating issues & utilities
9.3 Can you transfer the money you make through your property abroad?
X PROPERTY DEVELOPMENT, DECORATION AND FURNISHMENT
10.1 Can you have a building constructed on the land you own?
10.2 How can refurbishment be carried out?
10.3 Do tenants in Turkey prefer furnished or unfurnished properties?
10.4 Where to buy quality furniture and durables?
XI RESIDING IN TURKEY & BRINGING YOUR ITEMS TO TURKEY
11.1 Residence visa requirements
11.2 Can you bring your household or office items to Turkey?
11.3 Can you bring your pets to Turkey?
11.4 Can you bring your car to Turkey?
11.5 How much money can you bring to Turkey?
11.6 How much money can you bring abroad from Turkey?
11.7 How much jewellery can you bring to Turkey or abroad?
11.8 Does your social insurance scheme cover your health expenditures in Turkey?
XII ESTABLISHING YOUR OWN BUSINESS OR WORKING IN TURKEY

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