Post-Sale Procedures in Turkey Real Estate: What Are They?

There are numerous question marks surrounding the post-sale procedures in Turkey real estate. Individuals often wonder about the details they need to take care of after purchasing a property, especially homes for sale in Turkey. Many uncertainties arise in this regard. To prevent unwanted situations after the sale, multiple recommendations are put forward. You can avoid potential issues by paying attention to the necessary steps after a real estate sale in Turkey. It’s also possible to seek expert assistance in understanding what needs to be done. This article will discuss the critical aspects to consider after purchasing homes for sale in Turkey.

Following the acquisition of a property, various steps must be taken, such as completing title deeds and property sales in Turkey. Additionally, there are tasks like notifying local authorities in Turkey that need to be performed. There are also certain expenses in Turkey, like property taxes, that should be accounted for. After finalizing the purchase process, you can personally monitor the entire procedure in detail in Turkey. It’s beneficial to seek guidance from professionals for planning and monitoring.

Title Deed Fee in Turkey:

After a real estate transaction, you should visit the Title Deeds Office associated with the property in Turkey. The property’s purchase price must be declared at the office to calculate and pay the title deed fee. This step is crucial and should be noticed. Moreover, it’s essential to be cautious when paying the title deed fee in Turkey. Declaring a lower purchase price than the property’s actual value can lead to significant fines. Following the advice of experts and adhering to legal obligations is essential.

Property File in Turkey:

After purchasing a house in Turkey, you must make annual payments to specific institutions. Keeping records of payments made to these institutions is advisable. Creating a property file with all the necessary documents readily available is helpful for quickly accessing the required information.

Municipality Notification in Turkey:

There are further tasks to complete after obtaining the title deed in Turkey. Notably, you need to notify the local municipality about the property. This applies not only to properties bought and sold but also to those inherited in Turkey. You must visit the relevant municipality offices and make the necessary declarations, such as paying property taxes. You should bring the property’s title deed when making the declaration. These notifications typically need to be completed by the end of the fiscal year following the purchase in Turkey. For instance, if you bought a property in Turkey in February, you must declare the property tax by the end of December of the same year.

Change of Residence in Turkey:

When you buy a new property in Turkey, changing your residence is crucial. According to the law, when you move into a new property in Turkey, you must update your official residence address to reflect your new home. You can easily do this by visiting the local population registration offices.

Utility Subscriptions in Turkey:

After a property transaction in Turkey, you must initiate utility subscriptions such as electricity, water, gas, and internet. You’ll also need to cancel or transfer existing subscriptions in Turkey. Sharing your utility subscriptions to your new address in Turkey allows you to continue to benefit from these services without interruption.

Insurance in Turkey:

When purchasing a property in Turkey, you must obtain earthquake insurance (DASK) in many regions. This insurance provides coverage against natural disasters and similar risks. In addition to mandatory insurance in Turkey, it’s possible to opt for additional insurance coverage, especially for properties financed with mortgages. This extra coverage can provide additional security for homeowners.

Post-Sale Consultancy Services in Turkey Real Estate:

Consultancy services continue to be available after a real estate transaction in Turkey. Like during the buying process, you can benefit from consultancy services after the sale in Turkey. Ensuring you receive these services from a reputable real estate consultancy firm in Turkey is crucial. Professional services analyze customers’ needs and offer tailored assistance in Turkey. After the property is handed over in Turkey, experts take care of title transfer procedures, eliminating the need for you to handle official paperwork in Turkey. Professionals in Turkey manage the preparation of necessary documents and the completion of procedures. You can also receive support for property insurance and utility subscriptions in Turkey. Information and services related to property management and construction can also be obtained in Turkey. As a real estate consultancy firm in Turkey, we collaborate with our partners to cater to your needs. With our support in Turkey, you can access reliable, high-quality construction services, ensuring your demands are met.