The Investors Tool-Kit for Purchasing Residential Property in Istanbul & Coastal Regions of Turkey. A Safer, Smarter, Better Way to Invest... Safe, Secure, Institutional Services; Qualified Professionals - Not Agents

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Foreign Investors' Advisory Services established 1989.

 
 

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Scams, Valuations & Deposits. Location Life-Style Guidance. All Property Types: Off-Market, Re-Sale. New-Built,  Self Design, Historic Refurbishment.

 

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Land Registry Actions, Completion of Transfer of Ownership, Access, Documentary Payments, Tax Registrations, Notaries, Apostille, Translations, etc

 

Due Diligence & Legal Searches 

for Buying Property in Turkey...

Legal Due Diligence...

Reservation Deposit Security, Permits, Habitation Certificates, Title Checks, Lien Checks, Contracts,  Valuations,  Rental Income Contracts, Budgeting, Cost Controls

 
 

Investor's Tool-Kit...

for property buyers in Turkey


'Property Finder' -  

the smart way to  

find what you want... 

 

Have You seen a

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about buying it...


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Conveyancing;

title transfer &

settlement payment...


Legal Advice 

for Real Estate in Turkey…

 

What clients say 

about us… 


When is a Penny Worth 

More than a Pound...? 

Buyers frequently find themselves in trouble purchasing a property in Turkey, and most often this occurs where the buyer did not receive Independent Professional Advice. Something  they would not do in their home country, but somehow they reasoned they could in Turkey…typically to ‘save money on fees’. Instead, quite often they chose to listen to free advice, or mis-leading advice. Clearly this is a prime example of the old adage ‘you get what you pay for’. Free advice is usually worth very little, and quite often is damaging. Like Grand Mother always said, ' A Penny of Prevention is worth More than a Pound of Cure...'

Legal Searches & Due Diligence Buying Property in Turkey
 

‘Do What’…?  Due Diligence….

Many foreign investors buying property in Istanbul and Turkey never hear the words ‘due diligence’, until arriving at the land registry, and there discover the purchase can not be completed because a mortgage or debt exists on the property, or planning permits haven’t been issued, or the seller is not the owner, or the valuation is not sufficient for the mortgage they need, etc.... 


And then the question arises- 'didn’t you check these things before? Didn’t you do the ‘due diligence’?'... The due diligence most always hasn’t been done because the agent ignored these issues and instead prioritised getting a deposit from the seller, to cover their commissions, and then didn’t bother with the rest.

 

Due diligence includes the checks normally done in a ‘legal search’ in the UK before a property purchase. Remembering always that the time to complete the due diligence is before paying a reservation deposit to an agent- because if something is wrong with the property, the buyer will never get the deposit returned, and going to court can take 9 months and EUR 3,000 minimum for starters.

 

For similar reasons, it is never a good idea to rely on an agent for due diligence. An investor may attempt the process themselves, but soon realise they do not know the right questions to ask, and how to check. At mytapu.com we do know the right questions to ask, in different situations, cross checking the various documents, and validating the sources, obtaining the essential ‘proof’- verifiable documentary evidence.  What’s more, we know how to fix problems, the work arounds, and solutions. A buyer should never be persuaded into taking an agent’s word for it, believing verbal assurances, or any other commonly applied tactic.

 

 So many buyers have been mis-lead this way in the past, and never discover the real situation regarding the property title until they reach out for conveyancing help and services. This results in the conveyancing being difficult, lengthy and fraught with problem solving. Otherwise, conveyancing and completion can be done very quickly and cost effectively, often by the purchaser themselves, with a bare minimum of guidance, if the due diligence has been done before the payment of reservation deposits.

 

Legal Due Diligence ensures a residential property is clear and free and fit for purpose’, with legal checks on Planning Permission, Permits, Liens & Encumbrances, Title Checks, and more.

 

 

Legal  Documents...

Relying on a foreign buyer’s lack of knowledge about legal documentation in Turkey, agent’s & developers commonly ignore the issue of permits and documentation that shows whether the property legally complies with planning permission and has the necessary permits, is free from loan liens, and of course valuations.

Legal Contracts...

The majority of legal contracts agents & developers provide do not protect the buyers deposit or rights and are not executed in a legally valid manner.

Buying Property in Turkey Due Diligence Legal Searches

The team at mytapu.com are happy to advise, guide and support you in the purchase or sale procedures, the mortgage registration process, the attachment and removal of liens and encumbrances on the title, assessment of permits, valuations, tax registrations, notarisation, apostille, translations, documentary payments - all conveyancing & completion aspects of a property transaction. 

 

In this way the experts at mytapu.com have assisted more than 3,000 foreign investors in Turkish property over the last 15 years. Buying a property is a substantial investment –taking sensible precautions to protect that investment at the beginning of the buying process, is the smartest step to ensuring trouble-free outcome, 

at the end. 

 
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Email: Advice@mytapu.com   Help-Line: 00 44 1787 54 000 4   Chat Box below for more information...!

A TAPU is a certificate from a Land Registry in Turkey that provides ownership and cadastral information about real estate.

Every property owner in Turkey has one – and that’s why we call our business ‘ my tapu‘…mytapu.com.



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