This is an old revision of the document!
Step one is whether foreigners may own property there at all. Certain jurisdictions permit freehold ownership of built housing but restrict land plots; others require a corporate vehicle or a leasehold arrangement rental management in ayia napa place of direct title. The requirements shift from time to time, so verify them at the time of the deal, not from second-hand advice.
The next stage is due diligence on the buy property in turkey itself. A local lawyer you hire yourself ought to examine the ownership record, existing charges, planning permissions and whether the vendor can legally transfer it. In a number of countries, unpaid utility bills attach to the property, not the previous owner.
The funding requires as much attention as the property. Setting up a local account is frequently a requirement for the purchase, and banks will ask for documented origin of the money. Moving money across borders can move the amount you actually pay noticeably, so treat it as a real line item.
The preliminary agreement typically comes before anything binding: a modest payment freezes the price for an agreed window. Look closely at the refund conditions if due diligence reveals an issue. A well-drafted clause returns the deposit when the problem comes from the seller.
Completion usually happens before a public notary or an equivalent official, depending on the country. The transfer only becomes final after registration, a step that can take anywhere from days to months. Retain the full file — the purchase deed, proof of taxes paid and the registry extract. You will need them at resale.