Algorithm of remote property purchase and sale transaction in Turkey by Estate Invest
We select properties for you based on your requirements and organize online showings and online presentations with developers. Once you receive the detailed information, you choose a property.
It is possible to sign a deposit contract before signing the main contract. In this case, you transfer the deposit amount to the developer and get a receipt from the accounting department.
After selecting the property, you send the agency a scan copy of your passport and the names of your father and mother in Latin characters as in their international passports. The agency needs this information in order to issue you a tax number in Turkey.
The developer fills out the contract, entering your passport details and Turkish tax number. The contract specifies all the terms of the deal: availability of installments, payment schedule, apartment configuration, layout and other conditions.
Once the contract is filled out, scanned copies of the document are sent to you in any messenger or email to print and sign.
Your signed scan copy of the contract is sent back to the builder. It is signed by a representative of the developer and the real estate agency.
Once the contract is signed by all parties, a scan copy is sent to you. Upon request, the original document can be sent by international mail.
Next, you proceed to the payment procedure. Payment via bank account, proof of payment: bank receipt. Payment: cash, proof of payment: receipt from the developer’s accounting office.
Once the property construction is completed, the developer will issue the documents required to obtain ownership rights (TAPU). You can apply for TAPU on your own when you fly to Turkey. It is also possible to issue a Power of Attorney to a representative of the developer or an Estate Invest agent, who will execute the TAPU without your participation.
The final package of documents will be sent to you by international mail or handed over to your representative in Turkey.
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