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Home arrow Buyers Guide arrow Turkish Property Buyers Guide
Turkey Property Buyers Guide

 

Turkey can be whatever you want it to be, it is as romantically exotic as you could hope for, its skyline a parade of graceful domes and minarets, its bazaars awash with sights, sounds and smells of the East. It is ready to take its place at the European table of pavement cafes, trendy bars and modern clothes shops.

This country has everything, a climate that guarantees summer sunshine, beautiful beaches, dramatic scenery, more classical ruins than that of Greece or Italy, fantastic cuisine, matchless public transport and a resort nightlife that is second to none. Hospitality has always played a starring role in Turkish culture and this is what lingers longest in the memory – the incredible friendliness of the Turkish people themselves

The lands of Turkey are located at a point where the three continents making up the old world Asia, Africa and Europe are closest to each other, and straddle the point where Europe and Asia meet. Geographically, the country is located in the northern half of the hemisphere at a point that is about halfway between the equator and the north pole. Turkey is situated in Europe and Asia.
The land borders of Turkey are 2,753 kilometres in total, and coastlines (including islands) are another 8,333 kilometres. The South Aegean is one long string of beaches and ancient ruins. Main attractions are the mainly ruined Ionian cities, Ephesus, Apollo Temple, Priene, Miletus, Didyma, Lake Bafa, Dilek Nation Park and the Underwater Archaeology Museum in Bodrum

Some facts about Turkey
Full country name: Republic of Turkey
Capital City: Ankara (pop 3.7 million)
People: Turks (85%), Kurds (12%), other Islamic peoples, Armenians, Jews
Language: Turkish, Kurdish, Arabic, Armenian, Greek
Major Industries: Textiles, Food Processing, Tourism, Motor Vehicles, Mining, umber, Petroleum, Construction.
Major Trading Partners: Germany, USA, Italy, UK, France, Russia
Property in Turkey provides an excellent value for money investment in the sunny Southern Aegean or Mediterranean coast at a fraction of the price of the properties in the mature Spanish market. Direct flights to Turkey are a big advantage. You can get cheap flights to Turkey as the costs of the airline tickets are going down due to more chartered flights, especially in summer. All year around you can find flights to Turkey. The cost of living is much cheaper than in Western Europe which results in an easier quality of life.


Little Known Facts About Turkey.

Istanbul is the only city in the world located on two continents, Europe and Asia. In its thousands of years of history, it has been the capital of three great empires - Roman, Byzantine and Ottoman.

The oldest known human settlement in the world is located in Catalhöyük, Turkey, dating back to 6500 B.C. The earliest landscape painting in history was found on the wall of a Catalhöyük house, illustrating the volcanic eruption of nearby Hasandag.

Two of the Seven Wonders of the Ancient World stood in Turkey - the Temple of Artemis at Ephesus and the Mausoleum of Halicarnassus in Bodrum.

Breathtaking beaches. Turkey has 140 'Blue Flag' beaches - 7th in Europe for certified breathtaking beaches.

The Turks introduced coffee to Europe.

The first coins ever minted were done so at Sardis, the capital of the ancient kingdom of Lycia, at the end of the seventh century B.C.

The word "turquoise" comes from "Turk" meaning Turkish and was derived from the beautiful colour of the Mediterranean Sea on the southern Turkish coast.

The Turks first gave the Dutch their famous tulips that started the craze for the flower in England and the Netherlands. Bulbs brought to Vienna from Istanbul in the 1500s were so intensely popular that by 1634 in Holland it was called "tulipmania". People invested money in tulips as they do in stocks today. This period of elegance and amusement in 17th century Turkey is referred to as "The Tulip Age."

The most valuable silk carpet in the world is in the Mevlana Museum in Konya, Turkey. Marco Polo's journeys in the thirteenth centuries took him here, and he remarked that the "best and handsomest of rugs" were to be found in Turkey

Many important events surrounding the birth of Christianity occurred in Turkey. St John, St Paul and St Peter all lived and prayed in southern Anatolia. Tradition has it that St John brought Virgin Mary to Ephesus after the Crucifixion where she spent her last days in a small stone house (Meryemana Evi) on what is now Bülbüldagi (Mount Koressos). It remains a popular pilgrimage site for Christians to this day.

Many archaeologists and biblical scholars believe Noah's Ark landed on Agri Dagi (Mount Ararat) in eastern Turkey.

The seven churches mentioned in the Book of Revelation are all found in Turkey: Ephesus, Smyrna, Pergamum, Thyatira, Sardis, Philadelphia and Laodicea.

A cave known today as the Grotto of St Peter, or Church of St Peter, is believed to be where the apostle Peter preached when he visited Antioch (Antakya, in southern Turkey). It is widely considered to be one of the earliest Christian houses of worship. In 1963, the papacy designated the site as a place of pilgrimage and recognised it as the world's first cathedral. Every year on June 29 a special service at the church is attended by Christians from around the world.

Anatolia is the birthplace of many historic figures and legends such as the poet Homer, King Midas, Herodotus (the father of history) and St Paul the Apostle.

St Nicholas known as Santa Claus today was born and lived in Demre (Myra) on Turkey's Mediterranean coast. The village contains the famous Church of St Nicholas with the sarcophagus believed to be his tomb.

The first man ever to fly was Turkish. Using two wings, Hezarfen Ahmet Celebi flew from the Galata Tower over the Bosphorus to land in Usküdar in the 17th century
Didim & Altinkum Local Information

Altinkum is a busy resort which has been receptive to the demands of the British holidaymaker. This resort has grown directly behind the beach and Altinkum refers to the beach area. Didim is the name of the actual town. Most of the locals working here speak English and the centre of the resort is full of restaurants and bars to satisfy the British palate.
The main beach in Altinkum (often referred to as First Beach) is a large bay of golden sand with incredibly shallow waters and therefore very popular. There are more beaches to the left and right of the main beach. Waterspouts are plentiful here so there is always something to watch or participate in.

 

 

 

 

 Altinkum receives a high number of repeat guests and is a sought after destination by Turkish holidaymakers. Dolphin Square and most of town has been renovated and looks superb.  Supermarket chains such as Migros, Tansas and Gima are located along the main Didim to Altinkum road making it easy to self-cater and buy provisions.
The Saturday Bazaar is also at the top end of the town. Didum has the ruins of Apollo Temple with an ancient temple which has been excavated since 1873 showing wonderfully preserved inscriptions including the famous head of Medusa.
Altinkum has developed into a lively destination with plenty to do night and day. The sights of Ephesus, Virgin Mary, Pamukkale and Bodrum are additional attractions accessible from Altinkum and shouldn’t be missed
The Marina

Altinkum is where one of the biggest Marinas in Turkey is under construction. The Didim Marina will be constructed on a 282,000 square metre plot and will serve vessels of all sizes. The facilities will also include an extensive dry dock with the capacity to house 650 boats, while the marina itself will hold 450 boats. The Aegean resorts marina is expected to be completed in 2009 and will cost around $50 million making Didum one of the best tourist destinations on the Aegean Coast.
Akbuk Local Information

 

Beach volleyball, Football, Basketball, Tennis and other sporting activities. Theatres, Cinemas and Shopping Centres. Surfing, Diving, Jet-skiing and many other water sports.

Golf (Coming soon!), Horse riding, Fishing Boat Tours to surrounding Turkish and Greek Islands and Bays. Tours to surrounding towns and villages, Bird-watching at Turkey's most popular National park, Jeep Safaris, Horse Safaris,Shopping Tours, Aqua Parks, Altinkum and Kusadasi Apollon, Temple Pamukkale, Hierapolis and Cleopatras Pool, Milet, Priene, Herakleia and other historical towns, Bafa Lake, Ephesus and the Temple of Aremis, Turkish baths, Turkish Nights, Soke Market Tour, Dalyan Tour, Turtle beach and Mud bath Tour – This area has it all.

 

For those who enjoy golf, you will be pleased to know that selected areas in the Didim Peninsular have been reserved for future golf course construction.

Akbuk is located in the centre of Turkeys favourite coast next to the clear waters of the Aegean Sea. The town, which is between Bodrum and Didim is the perfect holiday location set in a beautiful natural environment by the sea. Akbuk is a much-loved region by both foreign and local tourists. It is purported to have the highest oxygen ratio and the lowest humidity in Turkey. The climate in Akbuk is warm and the gentle breeze is refreshingly cool, especially in the peak summer months. In contrast to Altinkum, Akbuk is largely untouched and unspoilt by the tourist industry.  Akbuk offers blue flag beaches, shops, restaurants and bars. Akbuk is within easy driving distance of a number of stunning sights including Bafa Lake and the Apollon Temple. It has easy access to Altinkum and many other cultural and social activities.

Green forests and lovely beaches surround Akbuk. The ground is fairly level, making it perfect for building, and there are building restrictions where only bungalows or two storey properties can be constructed. This means the area will have a wealth of large detached villas with large gardens and will therefore be very upmarket commanding high prices. The low 15% building permission is restricted to help prevent the area looking built up and the government has restricted that 85% of the land in Akbuk has to remain as a green area.

Akbuk, set at the foot of gently sloping mountains and extending around a beautiful turquoise blue bay is fast becoming a hot spot for British buyers. For lovers of peace and tranquillity coupled with breathtaking views this is definitely the place to be. Akbuk offers a charm and a feel of real Turkish living.

Akbuk has many fish ports and farms where the fishermen catch delicious Aegean Sea bass.

Akbuk is rapidly growing into an elite tourist resort with its holiday complexes as well as summerhouses, villas, harbour and hotels.
 
Buying Property in Turkey

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 than purchasing in many other countries in
Europe.

 


The first part of your quest is identifying your ideal property.

STEP 1
Once you decide on the type of property you would like to purchase you can secure your property by placing a deposit. Following the required government checks (typically 6-8 weeks.) full payment or the first of staged payments can then be made.

 


STEP 2
Completion, upon completion of your villa or apartment i.e. receiving your 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 seller. Any foreigner purchasing property should 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.

 

Who Can buy a property in Turkey?

Foreign nationals have been able to purchase property in Turkey since 2002/2003.

 

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.

 

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.

 

 

 

Whose name will the property be assigned to?

Your own name or anybody you choose.

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

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.

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

Yes, this is advisable. On a reciprocal agreement between Turkey and the UK Turkish nationals can inherit property in the UK and UK citizens can inherit property in Turkey. If you have no will, your next of kin will automatically inherit the property. 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.

Are the properties Freehold or Leasehold?

Almost all the properties are Freehold in Turkey.

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

Can you help me sell my property in Turkey?

We can very happily help you sell your property in Turkey. In fact, we would strongly suggest that you use our professional services as we have many contacts in Turkey and our systems are designed to make life as easy as possible for you whether you are buying or selling.

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 in Turkey) – 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 on the site there could be a 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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