In recent years, Turkey has become one of the top destinations for foreign investors seeking to buy property — thanks to its strategic location, growing economy, and competitive real estate prices compared to European countries.
However, before starting the purchasing process, it is essential for any foreign buyer to understand the legal and financial procedures involved in property ownership in Turkey.
Legal Steps to Buy Property in Turkey
1. Obtain a Tax Identification Number (Vergi Numarası)
This number is required to complete any official or financial transaction in Turkey.
It can be easily obtained from any local Tax Office by presenting your passport.
2. Open a Turkish Bank Account
Foreign buyers must open an account in a Turkish bank to transfer funds, pay for the property, and settle related fees.
It is recommended to keep a clear bank statement showing the transfer for transparency and security clearance purposes.
3. Verify the Title Deed (Tapu)
Buyers should ensure that the property is free from debt, mortgages, or legal disputes.
This verification is done through the official Land Registry Directorate.
4. Sign the Sales Agreement
After confirming all property details, both parties sign a preliminary sales contract.
In many cases, the buyer pays a down payment at this stage.
5. Obtain a Property Valuation Report
Since 2019, obtaining a licensed property valuation report has become mandatory for foreigners.
This report determines the true market value of the property before the title deed transfer.
6. Secure Military or Security Clearance (If Required)
Some properties located near military or security zones require prior approval from the Ministry of Defense or local authorities.
7. Receive the Title Deed (Tapu)
After the full payment is completed and the transaction is officially registered, the title deed is transferred to the buyer’s name.
The buyer then receives an official copy — the red or blue Tapu — depending on the property type.
Financial Steps
- Property Transfer Tax: Around 4% of the property’s declared value, usually split equally between the buyer and seller (depending on the agreement).
- Title Deed & Registration Fees: Paid upon completion of the transfer.
- Legal or Agency Fees: In case a lawyer or real estate company is authorized to handle the process.
- Bank Transfers:
Funds should be transferred through official Turkish banks directly to the buyer’s account, with the transfer purpose clearly stated as “property purchase”, to ensure legal transparency.
Omran Trk’s Services for Foreign Investors
Omran Trk, headquartered in Yalova (Yalova), is one of Turkey’s leading real estate companies offering comprehensive services for Arab and foreign investors.
Its key services include:
- Free Real Estate Consultation: Helping you choose the most suitable property based on your budget and investment goals.
- Power of Attorney Support: Allowing clients to authorize Omran Trk’s legal team to complete all procedures without requiring their presence.
- Translation & Notarization: Certified legal translators and assistance in contract authentication.
- Banking & Tax Support: Assistance with opening bank accounts and obtaining a tax number.
- Title Deed Follow-Up: Managing the registration and ownership transfer process.
Omran Trk’s Featured Real Estate Projects
1. Cennet Yalova Complex
Located in a strategic area near Yalova city center and key public facilities, this project offers stunning views and luxurious designs that combine modern comfort with architectural elegance — making it ideal for both living and investment.
2. Cennet Çınarcık Project
Situated in the heart of the touristic town of Çınarcık, overlooking the Marmara Sea, this development offers an exceptional opportunity for investors seeking both strong rental returns and family leisure.
The project features varied apartment sizes and fully integrated residential services.
Real Estate Ownership in Turkey: Easier Than Ever
Owning property in Turkey as a foreigner has become simpler and more transparent thanks to clear regulations and supportive government policies.
With trusted companies like Omran Trk, investors can complete their purchase securely and confidently.
Whether you are searching for your dream home or a profitable investment opportunity, Yalova and Omran Trk’s projects open the door to a world of real estate opportunities — where nature, quality, and value meet.
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