Real Estate Purchase Process: Step by Step Guide

When purchasing real estate, there are many steps to pay attention to. Here are the steps that will guide you to simplify this process:

1. Signing the Sales Contract and Tax Office Procedures

The first step is to sign the sales contract with the construction company. You must apply to the Tax Office by taking the original and a copy of this contract.

• Tax Office Registration: Create your registration at the Tax Office. This registration legally initiates the process.

• Payments: When applying to the Tax Office, you will pay part of the stamp duty tax on the contract and the title deed registration fee. After the payment transactions are completed (if required by the Title Deed Office), you may need to obtain a postage stamp.

2. Title Deed Procedures at the Title Deed Office

After the contract procedures, you must apply to the Title Deed Office to complete your title deed registration.

• Required Documents: At the Title Deed Office, you will need to fill out the required documents to complete your transaction.

• Registration Fee: To initiate the title deed transactions, you may need to pay a registration fee of approximately 300-400 TL.

• Delivery of Contract Copy: Complete the annotation/title deed registration by delivering the contract copy approved by the Tax Office to the Title Deed Office.

3. Project Delivery and Subsequent Procedures

An important step in the real estate purchase process is the delivery of the apartment. The following procedures need to be done in this step:

• Application for Real Estate Purchase Permission Document: You must apply to the Council of Ministers to obtain the Real Estate Purchase Permission Document. This document ensures that the property is registered legally in your name.

• Housing Management Registration: Include yourself in the management registration of the relevant housing project under the management of the construction company.

• Apartment Delivery and Transformer Fee Payment: After receiving your apartment, you may need to pay the transformer fee for electrical infrastructure.

• Electricity and Water Subscription Procedures: When the property is delivered, apply to the municipality to complete your electricity (KIB-TEK) and water subscription processes. You should use your original sales contract to apply for these transactions.

4. Remaining Payments and Completion of Title Deed Procedures

Finally, you must complete the last steps of your real estate purchase process:

• Title Deed Tax Payment: Pay the remaining tax of the title deed of the real estate you purchased to the Title Deed Office.

• VAT Payment: Additionally, complete all transactions by making a VAT payment to the relevant VAT Tax Office.

Things to Consider During the Purchasing Process:

• Ensure that all transactions are made in accordance with legal regulations.

• Speed up the process by making tax and title deed tax payments on time.

• Before the apartment delivery, ensure that all infrastructure and subscription procedures are carried out properly.

Contact Us for Reliable Transactions

The real estate purchase process can be complex, and there are legal regulations to consider at every step. It is important to get professional support to manage all of these transactions correctly and reliably.

Our expert team is always by your side to make the real estate purchase process easy and reliable for you!