Buying Property in TurkeyPowers of Attorney Issued Outside Turkey

Buying Property in Turkey
      1. Powers of attorney are issued by the Turkish Embassies or Consulates.
      2. If the power of attorney which is issued by a notary of a foreign country is certified according to The Hague Convention dated 5 October 1961 and if it bears “Apostille (Convention de La Haye du Octobre 1961)” in French, there is no need for an additional certification of the said power of attorney by the relevant Turkish Consulate.
      3. If the power of attorney is issued by a notary of a foreign country which is not party to The Hague Convention dated 5 October 1961, the signature of the said notary has to be certified by the relevant authority of the foreign country and then the signature and seal of said foreign authority must be certified by the Turkish Consulate in that country.

Financial Aspects of the Property Purchase Process

      1. Both vendor and purchaser have to pay the title deed fees, calculated according to the selling price which cannot be less than the “Property Statement Value” to be issued by the relevant municipality. (According to the Charges Law No: 492, the title deed fee percentage for 2013 is 2%. )
      2. Circulating capital fee which is determined locally must be paid.
      3. At the stage when the Land Registry Directorate enquires with the relevant military authorities whether the property is located within a military or special zone, circulating capital fee for the map prepared by the Cadastre Directorate has to be paid.

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  • Abu Bokkor
    Abu Bokkor, Turkey

    I found them to be very reliable and responsive when providing their service.


    Jun 29, 2020