Turkey Business Guide

House

1. House purchase

title deed for land
The title deed of land in Türkiye is called "Tapp", which is an official legal document proving the property ownership. The content of the land deed includes information such as the location, owner, type, and size of the house. The Land Registry and Land Registry General Administration (TKGM) are responsible for registering and archiving land ownership. The transfer of land deeds requires the following materials: (1) the original and translated copy of the buyer's passport; (2) Buyer's tax identification number; (3) Buyer's Identity Information Form; (4) Real estate appraisal report; (5) Current real estate ownership certificate; (6) Seller's ID card.

Purchase process
(1) Determine the purchasing area;
(2) Search for properties and conduct on-site inspections;
(3) Confirm the terms and price of the purchase contract, and sign a preliminary agreement;
(4) Register with the Land Registry and the Land Registry General Administration (TKGM);
(5) Sign the land deed, pay all taxes and fees, and move in.

Channels for obtaining housing information
Housing information can be obtained through introductions, the Internet, newspapers and magazines, real estate intermediaries, etc. Among them, real estate agents are the most commonly used way for foreign nationals and investors to obtain information. Real estate agents can help provide the latest and most complete information in the market, and assist in completing due diligence to ensure transaction safety. The main real estate intermediary companies in Türkiye include Antalya Homes, Instanbul Global, TremGlobal, etc.

Some rental agencies in Türkiye that provide Chinese services

2 House Rental
Rental process
(1) Determine the budget;
(2) Site selection and on-site investigation;
(3) Check the rent changes in the area;
(4) Contact intermediary consultants;
(5) Determine the terms of the rental contract and sign the contract;
(6) Register the change of residence with the relevant registration authority after relocation;
(7) Insure as needed.

3 rental precautions
Tenant's Obligations
The primary obligation of the lessee is to pay the rent at the designated time according to the rental contract. If there is no agreed payment date in the contract, the rent should be paid at the end of the month and when the lease term expires. If the lessee needs to renovate or change the structure of the house, they must obtain written permission from the landlord. When the lease term expires, the lessee must deliver the house according to the conditions stipulated in the rental contract.

rent insurance
Rent insurance is a type of insurance that provides guarantees for both the lessor and lessee, and pays the corresponding rent amount to the lessor when the lessee fails to pay the rent. Rent insurance is not mandatory and can be purchased by the lessor or lessee according to their needs. Rent insurance is valid for one year. Due to the insurance coverage being limited to rent, if the rent increases, the insurance must be renewed.

4 Special Tips
When buying and renting houses in Türkiye, it is recommended to cooperate with real estate agents. Due to the possibility of discrepancies between the actual situation of the house and the contract, or disputes over contract terms during the process of buying or renting, it is relatively safe to handle through intermediaries, but a certain percentage of intermediary fees must be paid to the real estate agent.