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I would like to purchase a property in Turkey so what should I do?
Finding the right company for the correct advice is a must if you do not want to be overcharged. In buying a property, people are very keen on helping you, but if you want to make sure that you are following the right way and doing things right and not paying over the odds, we strictly advise you use an agency and a lawyer to take all your rights under guarantee. At Aegean Resorts , we will keep you constantly updated on the purchase process.
Are there many British people purchasing properties in Turkey?
Yes there are British people buying property in Turkey. After the amendment in the constitution about purchasing a property in Turkey for foreigners in February 2002, the number of the British people buying property in Turkey has grown a lot. The main reason for this tendency is because of the fact that the property prices in Turkey are at least ten times cheaper than the prices in UK. Moreover the climate, friendly people and the lovely culture are the other assets of Turkey.
If I purchase a property in Turkey, do I have to come to Turkey many times? Will it be possible for me to obtain enough leave from work?
If you purchase through Aegean Resorts, we manage the sale for you. You would only need to come over to Turkey only once.
Will it be a good investment to buy a property in Turkey?
Potentially, purchasing a property in Turkey is a great investment opportunity because prices are much cheaper than the prices in Europe. And Turkey is about to access to EU in few years. After this happens, we anticipate that the prices will go up.
Am I allowed to buy more than one property in Turkey?
Yes, you are allowed to buy as much property as you want. There is no limit.
If I buy a property in Turkey, will this give me any citizenship or any citizenship right?
This does not give you any citizenship right or immediate citizenship. A residency visa is still to be applied for, should you wish to stay in the country for long periods of time. (£800)
If I have my own property in Turkey, how many times am I allowed to come to Turkey in a year?
You may come to Turkey as much as you want in a year. There is no limit to this number. On entering the country, you will pay ten pounds for a three-month visa.
Would Aegean Resorts take care of my property when I am away?
In the service package of Aegean Resorts, we have comprehensive after-sales services including from property checks to security systems (complex / caretakers), from bill payment to cleaning services and etc.
What are the advantages of buying a property in Turkey rather than Spain or somewhere else?
The prices of the properties in Turkey are much cheaper than the prices in all Europe. Moreover the cost of living in Turkey is extremely cheap. So your money tends to go much further.
What are the best times to come over? What is the weather like in winter?
The season in most parts of the holiday resorts begins in May and finishes in November so these times are the best to come over to Turkey. In these months sun shines all the time. In winter the climate is much warmer than Europe , 9 months guaranteed sunshine and mild winter days.
Are the medical services good in Turkey? Will I be able to get exactly the same services as I get at home?
There are no NHS hospitals in Turkey. We have both government and privately owned hospitals. The private hospitals are generally 40% cheaper than their European counterparts, and the medical services are good with one to one patient care. You can also have private health insurance in Turkey.
If I have difficulties in the process of buying a property, how would Aegean Resorts help me?
At Aegean Resorts, we advise our clients that if any difficulties arise, they will have the support of their lawyer and the contract, which will be drafted with a clause to protect them in such an event.
What is currency accepted in Turkey?
The currency accepted in Turkey is Turkish Lira but UK pound, US dollar and Euro are also widely accepted.
Is Turkey about to access to EU? Are the prices of the properties likely going up when Turkey access to EU?
In the near future Turkey will definitely gain entry to the EU which will have a major effect on house prices.
Are the properties in Turkey freehold or leasehold?
All the properties we sell are freehold properties as it is almost impossible to see leasehold property in Turkey.
As I can not speak Turkish will I be able to understand everything or how will I communicate?
Throughout the legal process on purchasing a property, Aegean Resorts will provide you with a qualified and certified sworn translator. At Aegean Resorts we have English speaking managers and our own certified sworn translators to ensure that you have a complete understanding of the legal process and have a peace of mind. As for the daily conversations, more or less all Turkish people can speak English.
Do I have to use a lawyer?
At Aegean Resorts, we only sell properties in conjunction with a lawyer to take all your legal rights under the guarantee.
Why use a lawyer?
A lawyer will represent your interests throughout the entire purchase of your property. A contract is drawn up between the seller and the buyer, which is checked thoroughly by both parties before signing.
How long does it take for me to own the property?
As a military check is carried out on all foreign people before the title deeds are authorized, it may take about six to nine months.
Who inherits our property if one of us dies?
According to Turkish Civil Code, in case of something like that, the property automatically goes to spouse and children unless you had another notice added on your title deed certificate.
What are the tax implications for owning a house?
There are some taxes that you have to pay in Turkey. The first one is buyer's property tax. This is only the 3% of the whole price written on the title deed certificate. Apart from this, we have community tax which is paid twice a year but this very minimal like 30 pound a year.
Do I have to pay any money if I own property in a complex?
There is a annual charge for the houses in the complex for maintenance of the pool and wages of the security and regular upkeep. This would be about 500 pounds up to 600 pounds a year.
What voltage is the electricity?
It is 220 voltages in Turkey. You may also use regulatory to smooth the electricity if necessary.
Is the tap water drinkable?
In most of the holiday resorts we recommend you not drink tap water. You would better use bottled water which is available everywhere and very cheap to buy.
Can we install satellite TV?
Yes this is very common in Turkey. By means of these satellite TVs, you can also watch many British channels as well.
Can we have phone?
Yes you can have a phone and bills are coming monthly but as Aegean Resorts, we do all your bill payments on your demand.
How do mobiles operate in Turkey?
Mobile phones are bought separately in Turkey. You can either choose ‘pay as you go' or by monthly subscription.
Can I have a bank account in Turkey?
Yes, you can open bank accounts in Turkey. Your passport will be required for this transaction. Also cash machines are available everywhere in Turkey. HSBC Bank now everywhere in Turkey and it is very easy to transfer money.
Can we bring our furniture from abroad?
There are lots of international removal companies. But this will be a long and a stressful process and also you will have to pay tax on the entry so we recommend you buy your furniture's from Turkey. For all your furniture's 5000 – 6000 sterling would be enough depends on the quality.
What about insurance?
There are plenty of companies offering property insurance. We can guide you to find the best insurance company.
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