Overseas Connections, your No1 agent for Turkey Property
  


 

FAQs

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 Overseas Connections you do not have to pay the Estate Agents fee of 3% of the purchase price and the developer 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. Overseas Connections can arrange 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. They 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. The 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, Overseas Connections can help sell your property.

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

Yes, please don’t hesitate to send us an email or call us from our contact details

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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Overseas Connections
Top Floor Suite,
2 Duke Street,
Norwich,
NR3 3AJ

Tel 01603 662288