Buying a property in Turkey
Buying a property in Turkey, as with buying any property, is an important transaction and you should choose your agent carefully. You should be comfortable that you have the support and guidance of a reputable, trustworthy agent who has your best interest at heart.Check out our Testimonials page to hear what other clients thought of our service.
Most of the properties in Bodrum are Freehold and International Buyers (i.e., non-Turkish citizens) can buy a property in their own name. There are now only a small number of areas on the Bodrum Peninsula where a purchase by an International Buyer is restricted and this is clearly indicated on our property advert.
Some recent legislation changes have simplified the process for International Buyers purchasing a property in Turkey, whilst others have been introduced that you should be aware of. One of which is that property purchases must be conducted in Turkish Lira. In January 2022 the obligatory “Exchange Purchase Certificate” was introduced. To obtain this, you must exchange your foreign currency (e.g., £/€/$) for Turkish Lira through a Turkish bank and the amount of the currency exchange should be equal to the property sales value declared at the Land Registry. Please do not purchase Turkish Lira until your purchase is close to completion.
International Buyers investing more than US$400,000 in a property are now eligible to apply for Turkish Citizenship if they wish to do so.
During the pandemic the number of enquiries for holiday homes in Bodrum more than tripled and Virtual Viewings became an integral part of our service. Videos are now available for almost all of our property portfolio and ‘live’ virtual viewings are available for all of our properties via social media platforms. Please contact us for an appointment.
We offer a fully comprehensive Prime Conveyancing Service. This covers everything from Due Diligence checks, sales agreements, deposits & payments, and transfer of ownership. Our Due Diligence check includes a report from a government-approved auditor that includes photographs, site plans and area maps that identifies the actual property you are purchasing and confirms if there are any legal debts or mortgages against the property. We also provide you with an accurate breakdown of costs & fees before you proceed with your purchase.