Deposit payment and documentation process
After you choosing the property that you will purchase, you will need to pay a fully refundable deposit to guarantee your property purchase and freeze the price which can be paid as cash or by your credit card in most of the sales offices. A deposit payment is symbolic and generally fully refundable within a certain period of time such as 1 or 2 weeks. Please kindly check for further details with our investment consultants for specific projects.
After you have paid the deposit, your contract will be prepared for signing by both the investor and developer through the physical assistance of our investment consultants. The contract will be written in Turkish and English including your payment plan and property floor plan for the property you have chosen. (Completed projects mostly require a cash payment, off-plan (Under Construction) projects usually present a long term payment plan with several installments until construction of the project is completed).
Further for the contract, you will need to have your passport for the official paperwork. Further thy also require your full home adress and contact details. Some projects also require your father’s name. If you want to open a bank account in Turkey, the documents that you need to provide are; an original passport, notarized passport translation, any utility bill showing your original home address from your own country and a Turkish TAX number.
You will need to have your passport translation which will be approved by a notary first. This translation should be translated by a sworn translator. With the translation of your passport you are able to get your Turkish TAX number from the Tax Office and then you will be able to open your bank account. During this process, our professional investment consultants can and will be more then happy to assist you again.