Real Estate in Turkey FAQ About Ownership in Turkey | Page 5

Yes, you can by authorizing your attorney in your country, translating the
authorization (sworn translation) and getting it authenticated by the Turkish
Embassy in your country.
Q12: What are the due expenses other than the property price?
The owner shall pay the real estate broker 3% of the property value, and also shall
pay the purchase tax, paid for one time, which is 3.9% of the total value of the
property.
Q13: What about property insurance in Turkey, are the global branches of
insurance companies available?
Yes, they are. Property insurance against earthquakes is available by international
branches of known insurance companies.
Q14: After buying the property, how could I provide it with gas, electricity,
water and internet services? Then how could I pay the bills during my
absence?
You have to go to gas, water, and electricity companies, pay a nominal amount
insurance, and register meters respectively on your name. We, in Imtilak real
estate, may help you through real estate management service.
Q15: How can I get benefits from the property during the months that I
would not be in Turkey?
You may either rent the property or offer it for real estate investment, and the
renter can transfer the monthly payments to you via the bank.