Navigating the realm of property ownership in Istanbul, a city that bridges continents and cultures, demands a comprehensive understanding of the legal framework, particularly when it comes to property titles (TAPU). Altay Atasay emerges as a pivotal ally, ensuring investors and future homeowners can seamlessly transition into the vibrant Istanbul real estate market.
Decoding the TAPU: Your Key to Istanbul Real Estate
The TAPU is the ultimate testament to legal property ownership in Turkey, governed by the General Directorate of Land Registry and Cadastre (TKGM). Established in 1847 during the Ottoman Empire, TKGM carries a legacy of facilitating absolute property rights, ensuring that property ownership in Turkey comes with full entitlement and inheritance rights.
In Turkey, property deeds come in three main forms:
1. Shared Deed (Hisseli Tapu):
Issued jointly to landowners and developers, earmarking land for specific construction projects.
2. Construction Servitude Deed (Kat İrtifakı):
Granted upon 70% completion of construction, certifying adherence to building codes.
3. Property Ownership Deed (Kat Mülkiyeti):
The final deed confirming complete construction and individual ownership.
The Transfer Process: A Step-by-Step Guide with Altay Atasay
The property title transfer in Istanbul begins with a seller’s request at any official deeds office, with applications accepted on weekdays until noon. The process necessitates a series of documents, including buyer and seller IDs, TAPU, tax number, and evaluation report, among others.
Transfer fees, covering property transfer tax, stamp duty, and capital circulation tax, are settled between the application and final signing. Altay Atasay ensures a smooth process, guiding clients through every step and ensuring all legal requirements are meticulously met.
Embrace Istanbul's Real Estate with Confidence
With Altay Atasay by your side, diving into Istanbul’s real estate market becomes a journey of assurance and success. From understanding the types of TAPU to navigating the transfer process, Altay Atasay provides the expertise and support needed to secure your piece of Istanbul.
Stay in Touch
Subscribe to our newsletter for exclusive insights on investment opportunities and real estate expertise from our team.