Buying Real Estate Through The Municipality in Turkey

Purchasing real estate through the municipality, or as it is called in Turkey, the TAKAS system,  is a very safe process for real estate buyers in Turkey, where the buyer transfers the value of the property to the municipality. By transferring the amount that the buyer transferred to the seller, and the municipality takes a fee of only 70 liras, which is a very symbolic amount, so this is the safest way to buy real estate in Turkey.

The buyer submits an application to the municipality to purchase a property, then transfers the value of the property to the municipality and determines the property to be purchased. After the completion of the transfer of ownership of the buyer's property, the municipality transfers the property value to the seller.

Unfortunately, not all municipalities provide this service to foreign investors, due to the problems that some municipalities faced when buying and selling.



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