According to current laws foreign purchasers can only purchase land and property within municipal boundaries, to purchase outside of the boundary a Turkish Limited Company must be formed which does involve additional set up and running costs.

The actual purchase process is very simple and easy in Turkey.:

1. A contract is drawn up between the Vendor and purchaser using either a local lawyer or one chosen by the purchaser.
2. We investigate the property to determine that there are no debts against the property and that it has a valid TAPU (Title Deed) and can be sold
3. A deposit is paid which varies according to the property and wishes of the Vendor.
4. Permission for a foreigner to purchase must be obtained from the Turkish Military Authorities in Izmir, we do this on your behalf.  Normally this permission takes around 3-6 months to complete.
5. The buyer can give "Power Of Attorney" to our staff, authorizing them to carry out all the formalities for the purchase and to give the buyer post purchase services. Power of attorney usually includes authorization to buy/register the property in the name of the buyer, official registration of water and electricity meters, insurance for the property, registration of property in the municipality departments, payment of local taxes etc. We would not have Power of Attorney over any other legal or monetary aspects.
6. Our charges of 3% commission are paid at the time of transfer of ownership to the purchaser.
7. Once Military permission is granted the change over of tapu from vendor to you is actioned

Costs Involved In Purchasing Your Property:

2,000 YTL [about 800 pounds] is paid to the local Belidiye (Council). This money covers the costs of pin-pointing your particular property on the map of this area which then has to go to the Military to obtain the necessary clearance for you to purchase.

500 YTL [ about 200 pounds] is paid to the Kadastro [mapping] department  for a second small scale map again pinpointing your property and necessary for military clearance.

150 YTL [about 60 pounds] has to be paid into Zirrat Bank (Government Bank). This is to pay the necessary taxes for the TAPU [deeds] office. It has to be paid into this bank to prove that the taxes have been paid in full.

80YTL[about 32 pounds] has to be paid to the local Noter and this covers your passport being translated.

300 GBP Lawyers fee-this amount varies depending on which lawyer you use, but this is an average price and the amount charged by a lawyer we often use. Again, this is optional but we recommend instigating the use of a lawyer in processing your house purchase.

A Stamp Duty of 3% which will vary from property to property dependant upon a valuation set by the council but for a typical 3 bed villa this would be about 750 pounds.

100 YTL [40 pounds] for official translation services at the Tapu office.

Water and Electric Utilities to change the name from vendor to purchaser this costs 600 YTL [250 pounds]

Legal fees including a translator and Notary costs are usually paid by the purchaser.

NOTE. Capital Gains Tax: When a property has been owned for four years or more, no Capital Gains Tax will apply.