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F A Q
Q. Are there any restrictions for foreigners
purchasing in Turkey?
A. Only in rural areas and military zones. In the
developments on this website, there should not be
any restrictions imposed.
Q.
Will the property be freehold?
A. Yes – all properties we sell in Turkey are what
we would refer to as 'freehold'.
Q.
On a new development, what is the average deposit
required and can I pay in stage payments?
A. You will normally pay a £2,000/€3,000 reservation
fee and 30% as a deposit within four weeks. Most
developers offer stage payments, often with a degree
of flexibility towards your own personal
circumstances. This will be agreed at the time of
purchase.
Q.
What is the general buying process in Turkey?
A. After paying the reservation fee, your lawyer
should carry out the title checks. A contract will
be drawn up between the seller and purchaser. This
will give details of the completion date, payment
schedule and terms and conditions. When this is
signed by all parties, the deposit is paid. You then
apply for a security clearance to allow you to own a
property in Turkey – this will often be applied for
on your behalf by the developer. You can sign a
Power of Attorney to conclude the necessary
paperwork, if your circumstances require it.
Q.
What documents are required?
A. Your passport(s) which will be copied and
translated into Turkish and passport sized
photographs. The notary’s office works in
conjunction with the title deeds office and the
Aegean Army. The translated documents will be
checked by the army to ensure there is no record of
criminal intent or activity against Turkey and that
any property being purchased by a foreigner is not
in the proximity to or intended to be used for any
military purposes.
A.
Your lawyer should carry out pre-completion checks.
Following this, you (or your Power of Attorney) will
sign a deed of transfer in front of an officer at
the Land Registry, who then records you as the
official owner of the property. The property tax is
paid at this stage.
Q.
What additional costs are there in relation to the
purchase?
A. You will pay stamp duty, legal fees, wealth tax
and purchase tax. Purchase tax is 3%.
Q. Are there many English speaking lawyers in Turkey?
A. There are reputable lawyers in Fethiye, who speak
fluent English and we will be happy to introduce you
to them on your viewing trip or appointment with one
of our Turkish offices. Alternatively, you may wish
to look at www.lawoverseas.com, the website of John
Howell & Co, highly respected international property
lawyers based in London and well known throughout
the industry.
Q. Is there a good range of banks and are they
English speaking?
A. There are many banks where English is widely
spoken, so no worries there. It is easy to open a
bank account and you can have both Turkish and
English accounts – your choice.
Q.
Are double taxation treaties in place?
A. Turkey is a signatory to a treaty for the
prevention of double taxation with many countries of
the world.
Q. What is the weather like?
A. Turkey still has seasons but with much better
temperatures. In winter, you’ll find the
temperatures by the south coast ranging between 5
and 15 degrees, in spring it warms up to 25 degrees.
The summer is usually dry and hot from May through
to September peaking at 45 degrees, cooling again as
we move into autumn back down from 25 to 15 degrees.
Q.
What facilities are there on a typical development?
A. Owing to the very pleasant summer weather, which
can get rather hot at its height, a swimming pool –
communal, private or both – is the main pre-requisite.
You will find some offering tennis courts, Turkish
baths, spa rooms and easy access to golf.
Q.
What should I expect to pay in community fees?
A. This can vary from development to development.
Q. Are there any ongoing taxes?
A. State property tax, environmental tax and wealth
tax. These are relatively low.
Q. What
about paying for energy and water supplies if my
main home is not in Turkey?
A. The easiest way to pay for your electricity is by
direct debit via a bank in Turkey. Currently all
water bills are paid direct to the local Belidiye
office, however, arrangements can often be made with
the larger developers regarding payment of utility
bills.
Q. Can I
rent out my property?
A. Yes. The main season is from April to October but
you will still be able to rent it out over the
winter at lower rates. At the height of the summer,
you can expect a more than reasonable return.
Q. What
about furnishing my property?
A. Many developers offer furniture packs.
Alternatively, there is a wide range of furniture
shops for you to explore. You should allow anything
from £5,000 to £10,000/€7,500 to €15,000 to furnish
an average sized property up to showhouse standard.
Q. Is it necessary to learn the language?
A. No but as with anywhere in the world, it always
brings advantages.
Q. How do
the locals treat foreigners who purchase there?
A. You will find Turkish people extremely hospitable
and friendly.
Q. Are families/children welcome?
A. Most definitely. There is a family orientated
culture in Turkey and children are welcome almost
everywhere.
Q.
How safe is the country?
A. Turkey is a very safe country with a relatively
low crime rate.
Q.
What about the healthcare in terms of the standard
and costs?
A. The standard is generally very good. All
foreigners have to pay for medical treatment and
there are reciprocal private health plans available
from the UK/ROI which will be accepted in the
private hospitals. You can purchase a health
insurance plan in Turkey up to the age of 55 years.
Q.
What about schools and colleges?
A. As a resident, you can send your children to
local government or private schools. Both offer a
good standard of education. The private schools are
international and accommodate pupils from all over
the world.
Q.
How does the general cost of living compare?
A. Fresh produce is great value for money. You’ll
find most items up to 50% cheaper than at home with
electrical items being the most expensive.
Q. What about eating out?
A. Again, you will benefit from the relatively low
prices. Being a Muslim country, you will often find
Pork and its associated products excluded from the
menu, however, there is a wide choice of other meats,
seafood and vegetables. As well as Turkish cuisine,
you will find English, Italian and Indian
restaurants quite commonplace.
Q. If I move to Turkey, can I take my dog/cat with me?
A. Yes. You must first obtain a ‘pet passport’ and
vets documents.
Q. Can I work there?
A. Yes you can but you must obtain a work permit
first.
Q.
What is the government system in the country?
A. It is democratically elected. Turkey is also one
of the five permanent members of NATO.
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