Types of Real Estate Title Deeds in Turkey
Turkey stands out as a prominent global real estate destination, attracting numerous investors drawn to the country’s blend of natural beauty and rich history.
With growing interest, comprehending Turkey’s real estate title deed system is crucial for safeguarding property rights and making sound investments.
Known as “Tapu” in Turkish, the title deed is the legal document validating property ownership.
It includes the owner’s details, property type, location, and comprehensive information.
This document empowers property owners to engage in leasing, selling, or investing, serving as the sole proof of property ownership.
Two primary title deed types exist: the Red Title Deed (Tapu) and the Blue Title Deed (Tapu).
Types of Real Estate Title Deeds in Turkey
Red Title Deed: Designed for residential or commercial properties like apartments, villas, offices, and shops,
this deed permits construction and investment within city zoning plans. It comprises sections detailing
the property’s location, apartment share, and filing specifics.
Blue Title Deed: Intended for agricultural lands such as
fields and pastures, this deed allows agricultural
activities or animal husbandry.
However, it doesn’t permit property construction unless converted to a Red Title Deed.
Red Title Deed encompasses three ownership forms:
- Absolute Ownership Title Deed: Grants complete ownership rights to residential or commercial property.
- Issued post-sales and legal registration, it contains accurate property, owner, price, and legal status information.
- Conjoining Title Deed: Applies to unfinished constructions, proving the owner’s right to the building on specific land.
- It is temporary and must be exchanged for an Absolute Ownership Title Deed upon project completion and municipal approval.
- Joint Ownership Title Deed: Involves simultaneous property registration by multiple individuals, allowing investors to buy specific shares. Co-owners can freely transact shares through selling, leasing, or inheritance. Ownership percentages are specified, and only one deed is issued.
Blue Title Deed includes two ownership forms:
Reconstructible Land Bonds: Suitable for residential, commercial, or industrial projects within city planning,
requiring necessary permits. These lands are pricier, equipped with utility services.
Agricultural Land Ownership Deed: For lands outside city planning, developable for residential,
commercial, or industrial purposes after reclassification. Involves complex legal, administrative,
and financial procedures, with lower costs and lacking utility services.
Understanding Blue Title Deed type is crucial before purchasing land in Turkey,
impacting land value, investment potential,
and development possibilities. Ensure Blue Title Deeds are issued by the official registry, free from disputes.
Investors are urged to collaborate with real estate experts for a comprehensive grasp of legal processes,
ensuring a secure and successful investment in Turkey’s real estate market.
