1. Is
there a Mortgage system in Turkey?
2. Do I have to be a resident to buy a house or land?
3. What is the procedure for buying a house or land in
Turkey?
4. As a non-resident, Can I open a Bank Account in Turkey?
5. Do I need a solicitor?
6. What do I need to do to make everything legal?
7. When do I get my Tapu?
8. Is there a commission and other costs to pay?
9. Do I need to be in Turkey/Kalkan/Kas to buy a property
there?
10. How do I get to Kalkan/Kas?
11. How do I get around in Kalkan/Kas?
12. Is Turkey an Islamic country?
13. What if I want to rent my property out on a commercial
basis?
|
| 1.
Is there a Mortgage system in Turkey? |
No.
If you need a mortgage, you should apply for one in the United
Kingdom (or outside of Turkey). Many buyers elect to raise
funds by re-mortgaging their UK home.
Top |
| 2. Do
I have to be a resident to buy a house or land? |
As
the law stands at present, no, you do not need to be a resident.
Top |
| 3. What
is the procedure for buying a house or land in Turkey? |
Buying
a property in Turkey can be quite a simple process. By working
with us we can endeavour to make the process as smooth and
painless for you as possible. See here for
more details of the process
Top |
| 4. As
a non-resident, can I open a Bank Account in Turkey? |
Yes.
This account may be either Sterling (or Euro), or in Turkish
lira. Turkuaz Emlak can help you with this if you wish.
Top |
| 5. Do
I need a Solicitor? |
No,
but there is nothing to stop you if you do want a Solicitor.
All our transactions are carried out within the legal framework
set out by the tapu office. Unlike the UK, legal representation
is not a legal requirement when purchasing a property as
contracts between the buyer and seller are legally binding
documents in their own right. We have on your behalf developed
an easy to understand contract which ensures protection for
both the buyer and seller throughout the process. If you
would like to use a third party solicitor for your own peace
of mind we are more than happy to arrange this for you.
Top |
| 6. What
do I need to do to make everything legal? |
You
will need the services of a Notary who will translate everything
into English at the Tapu (Deeds) Office.
Top |
| 7. When
do I get my Tapu? |
A
letter needs to be sent to the Military authorities for permission
- they normally reply within around 6 - 8 weeks. Once you
have this permission, and all monies have been paid, you
will receive your Tapu. In certain building where foreigners
are already resident (and therefore military permission has
already been secured), this process may be substantially
speeded up.
Top |
| 8. Is
there a commission or other costs to pay? |
• Agency
commission – the standard rate charged is 6% split
between the buyer and seller. As the buyer you will be liable
for 3% of the purchase price.
• 3% purchase tax (stamp duty) shared between the buyer and seller.
• Land registration – approximately £120*.
• There may also be some small administration charges during the paperwork
process.
Top |
| 9. Do
I need to be in Turkey/Kalkan/Kas to buy a property there? |
It
would be preferable, but not essential. We can buy on your
behalf with a Power of Attorney authorized by the local Notary.
You can view properties at leisure during your visit without
feeling under pressure to conclude any negotiations before
you return to the UK. It also allows you a “cooling
off” period to make absolutely sure you are making
the right decision. Where clients have bought in joint names,
sometimes the one party gives us Power of Attorney, and the
other doesn’t, so that only one of the joint owners
needs to travel to Turkey to finalise the transaction. We
are happy to provide contact details of clients who have
given us Power of Attorney to conclude their purchase and
who will be happy to vouch for our reliability.
Top |
| 10. How
do I get to Kalkan/Kas? |
Chartered
airlines fly direct to Dalaman, which is the nearest international
airport between April and November. The no-frills airlines
often offer very inexpensive seats if you’re prepared
to fly at short notice; ranging from £50 - £300.
Check out www.cheapflights.co.uk or www.flightline.co.uk
. Kalkan is a 2-hour drive from Dalaman and Kas is a 2 ½ hour
drive from Dalaman. We can arrange reasonably priced transfers
between airport and your accommodation. We can also arrange
accommodation in either Kas or Kalkan, should you so wish.
Turkish airlines will fly to Dalaman or Antalya via Istanbul
all year round.
Top |
| 11. How
do I get around in Kalkan/Kas? |
Kalkan
is a small village where most places are within walking distance.
Kas is a larger working town but accessible on foot within
the town. Kalkan is only half an hour away by bus (dolmus).
Taxi and dolmus rides within either town are very inexpensively
priced and prices are regulated.
Top |
| 12. Is
Turkey an Islamic Country? |
Islam
is the major religion in Turkey, but Turkey is a secular
country rather than an Islamic state. Islamic restrictions
on dress and alcohol etc., do not apply. The Turks are remarkably
friendly and hospitable. They are especially welcoming to
foreigners who choose to visit their beautiful country, and
are extremely flattered that a foreigner should love their
country enough to buy property there.
Top |
| 13. What
if I want to rent my property out on a commercial basis? |
We
can introduce you to agents who will be happy to market your
property and to manage the lettings.
Top |
