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Loans and mortgages in Turkey

Loans and mortgages in Turkey

Financing your property Loans and mortgages in Turkey By Just Landed Since Islamic law forbids interest transactions, some Turkish banks like Kuveyt Turk Bank offers both “deferred sale finance” and “lease to own” mortgages to circumvent the restrictions. In a deferred sale mortgage, the bank buys the property and immediately sells it back to you […]

Gas, electricity, and water for your property

Gas, electricity, and water for your property

Utilities Gas, electricity, and water for your property By Just Landed Setting up and paying for your property´s utilities is fairly convenient in Turkey. Just make sure to have all the required documents readily available. Before setting up your utilities you should obtain a Building Use Authorization Document. This is a form that certifies you […]

Taxes and insurance

Taxes and insurance

Additional property costs Taxes and insurance By Just Landed Dealing with property taxes and insurance in Turkey can get complicated. Use a lawyer and know the tax system. When you buy a property in Turkey, one of the first things you need to do is make sure that the property taxes have been paid by […]

The purchasing process

The purchasing process

The purchasing process Paperwork and contracts By Just Landed Buying property is straightforward and well-regulated in Turkey. In the end, the new real estate owner receives a deed document (tapu) from the District Land Registry Office that confirms he or she is the new owner of that property. You should prepare the sales contracts with […]