It could soon be possible to buy property in Turkey without stepping foot in the country thanks to an initiative that will make it possible to complete a property transaction at the Turkish embassy in London.

A pilot scheme by the Turkish Government will set up branches of the Turkish Land Registry Directorate (TKM) in selected embassies around the world, including the UK, where the transfer of a Turkish property’s title will be possible so long both the vendor and buyer are present in person.

The new regulation will initially be applied to the Turkish embassies in Germany, Greece, the UK, Austria, Ireland, Holland and Russia. These countries were chosen due to the high number of both Turks living there and citizens there who own property Turkey.

According to data from the TKM, 101,686 foreigners own 69,970,493 square metres of real estate in Turkey. Within Turkey, Alanya has the most number of registered foreign property-owners (19,444), followed by Didim (8,466), Fetiye (5,637), Kuşadasi (3,730) and Yildirim (2,785).

Anyone who needs to transfer money to complete a property transaction in Turkey should use a currency specialist to exchange their pounds into Turkish lira or euros. For more information, contact Smart Currency Exchange.

To understand the full step-by-step process to buying a property in Turkey, collect The Overseas Guides Company’s ‘Turkey Property Buying Guide’