Timeline for Purchasing Property in Istanbul
The time it takes to complete a property purchase in Istanbul largely depends on the buyer’s decisions and the payment process. Once you've selected a property, the transaction follows these key steps:
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Put a Deposit on Your Selected Unit: After choosing the property, you will need to place a deposit to secure your unit.
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Receive the Reservation Form: Upon making the deposit, you'll receive a reservation form confirming your intent to purchase the property.
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Send the Total Amount or Downpayment: On the agreed payment date, either transfer the full amount or make the required downpayment if you’re purchasing via installment plans.
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Get Your Sales/Notary Agreement: Once payment is made, the sales contract or notary agreement is signed, finalizing the legal commitment.
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Title Deed Office Appointment (for Cash Payments): If the property is paid in full, the next step is to schedule an appointment with the title deed office.
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Receive Your Title Deed: On the day of your appointment, the government will officially transfer ownership, and you will receive your title deed.
The entire process can take anywhere from a few days to a few weeks, depending on the project's payment plan, the completion of paperwork, and title deed office availability.