Property in Turkey

  Buying a property in Alanya? Then you need a "DAB" certificate... In today's blog we will tell you what you need to know about the " Döviz Alım Belgesi (DAB)" which translates into " Foreign Exchange Purchase Certificate".   It is a document that proofs that an amount equal to the public evaluation ( satış bedeli) of the property has been exchanged from foreign currency such as Euro or dollar and into Turkish lira.   The document must be presented to the land registry office upon commencing the application for the deed transaction.   How to do a DAB certificate The exchange from foreign currency into Turkish lira must be made from a personal bank account of the buyer, seller or their legal representative and it must be done via a Turkish bank.   After the exchange has taken place the bank will issue a physical document which must include: - Passport number and full name of the buyer - Full information on the property for which the certificate is used...