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  FAQ'S  
  Buying Process                                                                
  The following information provides a guide to buying property in Turkey.
This process is not dissimilar to buying property in other countries. The buying
process in Turkey is in fact easier then a purchasing in many other countries in
throughout Europe.

The first part of your quest is identifying your ideal property within our developments and
locating a suitable apartment of ways, a personal visit whilst on holiday, or a tailored
inspection trip. You can also view a our developments via our web site and virtual reality
tour. Information packs are also available upon request, If you would like you use any of
our holiday services such as airport transfers, accommodation, flight booking, these are
all available upon request, We offer a fully comprehensive package from start to finish,
this is no cost to you upon purchase.

STEP1
Once you decide on type of property you would like to purchase, you then need to assess
whether or not you would like to take advantage of our guaranteed rental package in order
to maximise your investment.

Once you are happy that all your requirements are met you can secure your property by placing
a deposit, this then be reserved for you on our database. (Please see payment plans). Following the required government checks (typically 6-8 weeks.) fully payment or the first of the staged payments can then be made.

STEP2
Placing your deposit
Upon placing your initial deposit, your contract will be available for you to sign. You will then be required to forward your initial payment to the developers holding bank account (By electronic transfer) this will then be passed on to the developers via the legal team. (Please see payment plans for further details) The deposit is non refundable. We will also need to take photocopy of your passport. This also be the case for any partner that may be named on the deeds.

STEP 3

Completion, upon completion of your villa or apartment i.e. receiving you keys and deeds, final payment will be required unless previously paid. Contracts will be exchanged at the local notary office between the buyer and the developer. Any foreigner purchasing property will have an officially appointed government translator present, to explain exactly what is written on all documents before you sign.

Welcome to Turkey , your new home and a gentle way of living.


 
   FAQ'S ©  
 

 

Q1: Who Can buy property in Turkey?

Foreign nationals have been able to purchase property in Turkey since 2002/2003 Recent Law amendments also allows foreigners to buy in more locations, which were previously out of bounds.

Q2: What are a Sales Contract and a Title Deed? I have heard about a Tapu, what is it?

Title Deeds when buying your property in Turkey - in fact they are the most important documents in the whole process.

The Title Deed is the legal document of ownership of the property. The Turkish name for this document is "Tapu Senedi", hence the Tapu you may have heard about. Once the property is sold, the title deeds are transferred from the seller to the buyer and that concludes the sale. If there are any restrictions on the property they will be itemised in the title deeds. Therefore it is very important for the solicitor to check the deeds carefully before recommending that the sale proceed. You can also ask to have restrictions placed on the deeds once transferred to you if you wish.

Q3: What documents do I need to buy my property in Turkey?

The only documents you will need to provide personally to purchase your property are your passport and two recent passport photographs.

Once the Sales Contract is signed, for documents needed for Title Deeds office:
a. Title Deed of the property
b. Copy of your passport
c. Two recent passport (4cm x 6cm) photos.

Q4: Who’s name will the property be assigned too?

Your own name or anybody you would choice.

Q5: How will I sign official deed-papers if I can’t fly over to Turkey at the time?

You can sign a paper at the notary giving your agent the right to a power of attorney

Q6: Will the papers etc be in English?

Yes, In Turkey there is a legal recommendation that all property sales to foreign nationals are notarised by a government-authorised interpreter.

You will be provided a written translation of the sales contract, also drawn up by the government-authorised interpreter. As the property purchased is in Turkey, the legal contract is the original, Turkish language

Q7: Do I need to do a will for my property in turkey?

Yes, this is advisable. Under Turkish Inheritance Law the inheritance of property by a foreign national is dependent on reciprocity between the two countries involved. As Turkish nationals can inherit property in the UK, UK citizens can also inherit property in Turkey. If you have no will, your next of kin will automatically inherit the property (usually your children). If you wish to leave your property to someone other than your next of kin, you should make a will in the UK specifying this.

Q8: Are the properties Freehold or Leasehold?

Almost all the properties are Freehold in Turkey.

Q9: Is it cheaper to buy from a Developer that builds their own properties?

When purchasing from Sunset Homes you do not have to pay the Estate Agents fee of 3% of the purchase price. And developer (Sunset Homes) does not have to pay Estate Agency 3% commission.

Q10: I would want to rent out my property -how do I do this? Is there a demand for renting?

We can rent out your property for you and yes there is a high demand for property's to rent. Sunset Homes will offer full after sales service. Our Management Company can arrange renting; provide property checks, airings, cleanings in between visits/rentals, pool maintenance, welcome packs for your visit, airport transfers and a lot more. We have a dedicated after sales and rental office in Altinkum, Turkey.

Q11: What should I budget for extra cost other than the purchase price of the property?

It is estimated about 3% of the purchase price to cover everything. Sunset Homes project; A Touch of Paradise Country Club purchase prices will include all legal costs.

Q13: Do you need a Solicitor?

Officially you do not need a Solicitor, as your Agent will usually do all the conveyance but Solicitors are available for a cost of around £200 to £250

Q12: Can you help me sell my property in Turkey?

Yes, Sunset Homes are also Estate Agent Group can help sell your property. www.sunset-homes.com is our resale website. Sunset Homes has a further office in Bodrum that markets resale properties.

Q13: I have more questions and queries can you help me?

Yes, please don’t hesitate to send us email or call us from our contact details on web site.

Q14: What are the average residential running costs in Turkey?

* Council tax: £50 per annum.
* Electricity – 10p per unit (average bill for full-time resident is around £25 a month)
* Water – 50p for 1000 litres (average bill £5 a month)
* Gas - £15 per bottle (no mains gas here!) – this lasts about 3 months depending on usage
* Telephone – £4 monthly charge plus 2p a unit (average bill £25 a month)
* ADSL Internet connection – from £14 a month
* Digiturk satellite TV package – from £10 a month
* Depending of site there could be site maintenance fee.
* Annual property tax - 0.1% of the declared purchase price so the bill for a £80,000 villa would be £80

 
     
     

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