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FREQUENTLY ASKED QUESTIONS (FAQ)
Q..What nationalities are permitted to purchase a property
in Turkey..?
A..Some of the Countries Turkey has a reciprocal agreement
for the purchase of land and
England,İreland,Germany,Holland,Norway,Sweden,Denmark,Austria,Switzerland,Belguim
Spain,İtaly,Canada,Luxembourg,Australia,France,Greece,Portugal,Poland,Croatia,Estonia
Hungary, and some African and South American states,
Q..How long does it all take and how does it work..?
A..İt takes between two to three months to receive the final
Tapu..Title deeds..after signing the reservation contract,the copies of the buyers passport
will be handed over to the land registry office,the copies and the official papers showing
the location of the property will be sent to a millitary
head office in İzmir to be checked that
the property is not in a millitary zone after the approval of the permission our
company pays the
necessary fees and taxes to the nominated bank and to the tax office
in Aydin.The official
receipts of these fees will be declared during the transaction
in the land registry office.Finally
the buyer signs the land registry book under the supervision of the official
interpreter.
Q..Do i have to be a resident or have a residents visa to
purchase..?
A..No..to buy a property you do not have to have a residents
visa.This is only required if you İntend to stay longer then 3 months,or you wish to buy a car
or phone,then the 3 months tourist visaİs not enough.
Q..What do i have to check before purchasing..?
A..Check that there are no outstanding rental agreements or
morgages, and the seller has the legal right to sell the property and that they have a
tapu..Title deed..if there is an agent how much commissionİs payable.
Q..Do i have to pay taxes and fees for the purchasing..?
A..Yes.there are some taxes payable,however some are a once
only tax ie..3 percent of the declared value of the property..Education and
rarthquake
tax..approx.40 pounds,all formal documentation and copies approx..200 pounds,interpreter fees..approx 75
pounds. Water and electric conections and meters
400 pounds and search fees..approx 100 pounds.
Q..İf i sell my property can i take the proceeds back to UK.
A.. Yes. You have the legal right to take the proceeds back
to U.K.
Q..What deposit do i require to secure my purchase..?
A..İt depends on the seller, but the normal is 10 percent..The seller
is in his right to ask.25 percent or
even
50 percent but must state this at the time of selling.
Q..Who inherits our property if one of us Dies..?
A.. According to Turkish law, the property automatically
goes to the next of kin,and if a will is in force..to ever
nominated in will.
Q..Why should we invest in Turkey...?
A..The main reason..prices,This is now one of the cheapest
places to buy yourself a holiday home or permanent home,whichever one you choose this will be one of
the best investments you may ever make in your life, just ask yourself where else could you buy a
home some starting from 20,000, and may i add with this climate as an asset,the Turkish property market
is expanding fast with 25 to 35 percent increase
on your property each year.
Q..What about the weather..climate..?
A.. The climate is wonderful,the pace is easy,the people are
warm and invitingly friendly,the air is clean and healthy as that of the
swiss alps it has been said,and
people who retire here tell of there aches and pains
dissapearing,and its true fact that the British residents
who live here are in far better health then they ever where
in Britain,due to the fatastic climate.
Q..How far will our money go...?
A..Living here is far far cheaper then in Britain,everyday
essensials like bread, fruit, vegetables,and meat products
are half the prices of England and sold in kilos,but best of
all natural produce is organic,again this reverts back to
health
,weight loss,better diet and this all adds up to a longer
and healthier life.
Q.. What about our bills etc..?
A..Domestic bills are also far cheaper..monthly electric
bills will work out at about 10 pounds and water bills
around seven pounds..Gas is bottled and for 13 pounds it will last
you 6 months..your council tax is 40 pounds per year and
refuse tax around 20 pounds per year, no TV licence
required, and no VAT...Just think how far your pension or
savings will go when you are living here..
Q..What about health and if we are sick...?
A.. Health care when living in Turkey is not a problem.The
hospitals here have some of the finest surgeons and doctors
in the world..i kid you not.you can choose to go
private or take out an insurance to cover every aspect
Of illness,and at very affordable prices with 3 available
packages and one to suite your budget, the health care is excellent. |