Lillybean

Member
Any estate agents for property valuation in Alanya?
The actual contract for a property sale in Turkey is in the Tapu Office.
You should not sign ANYTHING in that office until both parties are satisfied.
I think many on this forum will tell you how valid a Turkish contract is when it comes to property.
Turk on Turk don’t use or feel the need for a lawyer because neither will sign in the Tapu Office unless they’ve got what they agreed to.
If you purchase from a Brit, then you could have a deposit put in a British lawyers account, it’s safer.
I was told by someone in the know, Turkish lawyers don’t like holding accounts because it shows what business they’re doing. Even the taxmen out there are probably on the fiddle......
The exception to setting up a purchase contract is for the buyer to hold the property, by choice. It's a binding contract via a Lawyer with considered clauses in (both parties liable for penalties if fail). In an area where prices were rising fast it dud a tually prove to be very positive to the buyer . Translation always before signing anything. Note this is based on personal buyer and seller..not construction.
 

enoch

Member
Any estate agents for property valuation in Alanya?
The exception to setting up a purchase contract is for the buyer to hold the property, by choice. It's a binding contract via a Lawyer with considered clauses in (both parties liable for penalties if fail). In an area where prices were rising fast it dud a tually prove to be very positive to the buyer . Translation always before signing anything. Note this is based on personal buyer and seller..not construction.
A lawyer means nothing without it noterised.
 

Kanga

Member
Any estate agents for property valuation in Alanya?
Speaking for someone who has just completed sale of their property, as foreigner, to a Turkish buyer.
1. Valuation is done and arranged by the tapu office. You can book online if you wish. It will be a professional from another area, who should take about 30mins at least to survey the property and boundaries. It will NOT be an emlak unless they are suitably qualified and registered.
2. Valuations cost iro 2600TL and are valid for a month. They are sent directly to the tapu office. Unlike UK you will not get a copy unless you are getting a bank loan to buy. The tapu office will not permit a sale below the minimum certified value.
3. Where the property is owned by more than one person there must be a separate valuation for each owner.
If you choose to buy on a site you should go to the administrators and accountants for a copy of the accounts. Emlaks cannot always give correct info.
4. If buying offplan or before the property is completed and snagging problems resolved, you should seek to put an 'ipotek' on the tapu. This is the same as a charge on a deed at home in UK and will mean that the property cannot be sold to anyone else before your interest is cleared. You'll need a lawyer for this.
5. The tapu office may enter a lower purchase price if there's no loan but where a lender has an interest the correct price must be entered to protect their interest, and 4% tax will be payable on that figure, usually on a 50/50 basis.
Hope this helps.
 

Tenpin

The Yorkshireman
Any estate agents for property valuation in Alanya?
Speaking for someone who has just completed sale of their property, as foreigner, to a Turkish buyer.
1. Valuation is done and arranged by the tapu office. You can book online if you wish. It will be a professional from another area, who should take about 30mins at least to survey the property and boundaries. It will NOT be an emlak unless they are suitably qualified and registered.
2. Valuations cost iro 2600TL and are valid for a month. They are sent directly to the tapu office. Unlike UK you will not get a copy unless you are getting a bank loan to buy. The tapu office will not permit a sale below the minimum certified value.
3. Where the property is owned by more than one person there must be a separate valuation for each owner.
If you choose to buy on a site you should go to the administrators and accountants for a copy of the accounts. Emlaks cannot always give correct info.
4. If buying offplan or before the property is completed and snagging problems resolved, you should seek to put an 'ipotek' on the tapu. This is the same as a charge on a deed at home in UK and will mean that the property cannot be sold to anyone else before your interest is cleared. You'll need a lawyer for this.
5. The tapu office may enter a lower purchase price if there's no loan but where a lender has an interest the correct price must be entered to protect their interest, and 4% tax will be payable on that figure, usually on a 50/50 basis.
Hope this helps.

We were told recently, last week, that the foreign seller is no longer required to get a valuation.
And that a Turkish buyer does not need to get the valuation either.

In your experience who gets and pays for the valuation?
 

enoch

Member
Any estate agents for property valuation in Alanya?
We were told recently, last week, that the foreign seller is no longer required to get a valuation.
And that a Turkish buyer does not need to get the valuation either.

In your experience who gets and pays for the valuation?
The foreigners unless you come to an agreement over that and taxes. My neighbour sold 7 months ago that's what see done
 

enoch

Member
Any estate agents for property valuation in Alanya?
Speaking for someone who has just completed sale of their property, as foreigner, to a Turkish buyer.
1. Valuation is done and arranged by the tapu office. You can book online if you wish. It will be a professional from another area, who should take about 30mins at least to survey the property and boundaries. It will NOT be an emlak unless they are suitably qualified and registered.
2. Valuations cost iro 2600TL and are valid for a month. They are sent directly to the tapu office. Unlike UK you will not get a copy unless you are getting a bank loan to buy. The tapu office will not permit a sale below the minimum certified value.
3. Where the property is owned by more than one person there must be a separate valuation for each owner.
If you choose to buy on a site you should go to the administrators and accountants for a copy of the accounts. Emlaks cannot always give correct info.
4. If buying offplan or before the property is completed and snagging problems resolved, you should seek to put an 'ipotek' on the tapu. This is the same as a charge on a deed at home in UK and will mean that the property cannot be sold to anyone else before your interest is cleared. You'll need a lawyer for this.
5. The tapu office may enter a lower purchase price if there's no loan but where a lender has an interest the correct price must be entered to protect their interest, and 4% tax will be payable on that figure, usually on a 50/50 basis.
Hope this helps.
A lot of turks expect the buyer to pay all taxes. Or used to be.. I think the Tapu office get copies of the valuation now to keep the taxes right.
 

Tenpin

The Yorkshireman
Any estate agents for property valuation in Alanya?
The foreigners unless you come to an agreement over that and taxes. My neighbour sold 7 months ago that's what see done

It was an emlak friend who told us that information.....he said it was a recent change, not 7 month ago.
 

Lillybean

Member
Any estate agents for property valuation in Alanya?
A lawyer means nothing without it noterised.
How can 'a buyer hold the property by choice? Is this with a aimed legal document? If it is then how is it different to a contract to buy ..a signed legal contract for both buyer and seller. I cannot understand the difference. Please explain.
 

enoch

Member
Any estate agents for property valuation in Alanya?
How can 'a buyer hold the property by choice? Is this with a aimed legal document? If it is then how is it different to a contract to buy ..a signed legal contract for both buyer and seller. I cannot understand the difference. Please explain.
To have a binding contract you need it noterised. 2 people signing a peace of a paper means nothing here in Turkey, car sales have to noterised. To hold a property mine was noterised I left a hefty deposit of £110. The wording also has to be correct problems.
 

Latest Posts

Top Bottom