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Property Buying Process

Buying a property abroad in a foreign country, with the legal process in a different language can be a daunting and frightening experience. It is a huge financial undertaking that may only happen a few times in a lifetime but one that is an excellent future investment.

When a decision has been made by you to buy your dream home in the sun, Tolerance Homes Co. will provide a comprehensive hassle free service from the very start, which will be designed to give you a full overview of the property buying process. 

Our property portfolio provides detailed descriptions of all new and resale properties. All the properties have been personally inspected by us and we provide a guarantee to take full responsibility for the features described, including the prices . 

Tolerance Homes offers properties that suit every budget.Our team will help you with all the formalities at every stage of the buying process, which has become far more simpler in Turkey than most other countries in the last few years.

There are no restrictions in transferring your property proceeds from Turkey to your own home country.There is complete freedom of international capital transfers.

• A deposit of approx. 3000 - 5000 Euros will be required after a sales contract has been agreed and signed. If necessary the  total amount of 10 % of the sale price has to be paid when you return to your home country.
   
• You will be required to give a copy of your passport and 2 passport size photographs for us to start the official procedures.
   
• Copies of your passport, Title Deeds and all the other official paperwork showing the location of the property will be sent to the Army Headquarters in Izmir,  to ensure the property is not in a military zone.This process could take up to 6-8 weeks. 
   
• You are required to obtain a Tax Number and also set up a Bank Account for the Transfer of purchase funds, arranging payment of utility bills, insurance ect.
   
• Please ensure you put your full name on the Bank Transfer Documents when transferring purchase funds into your Turkish bank account.
   
• You have two choices regards the Power of Attorney. You can give Power of Attorney to a Solicitor/Lawyer to deal with all the legal processes on your behalf, which would cost you 1% of the purchase price or give Power of Attorney to Tolerance Homes at no additional cost.
   
• When all the official paperwork has been approved and returns from the Army Headquarters in Izmir, you will be required to come to Turkey to complete the purchase and obtain your Title Deed.   

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