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Why Buy in Kusadasi - Real Estate Kusadasi
Why Should You Consider Buying
Property in Kusadasi:
Over 300 sunny days each year.
Excellent climate
Almost everyone speaks
English
Close to two main airports,
Izmir about 70 km away and Bodrum about 140 km.
Easy access to major tourist
attractions both historical and fun.
Nearby sites include Ephesus,
one of the wonders of the ancient world and Adaland, the
largest Aqua-park in Europe.
The town centre and suburbs
are full of shops, beach clubs, restaurants and non-stop
nightlife.
One of the nicest sea front
promenades and largest Marinas in Turkey.
A range of blue flag beaches
with plenty of watersports.
Twice daily ferries to Greece
A very low cost of living and
taxes.
Numerous Markets on different days each week
Property costs are currently
very low and well finished
Many Europeans have already
purchased in Kusadasi
Properties have
increased in value by up to 25 % each year
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Buying Property in Turkey
It is recommended that before
you go house hunting you spend a little time on basic
preparations even if you finally decide not to buy.
For a returnable* fee of 75 euros I will
supply transport and a guide to take you to:
Ø
A Turkish Bank, to set up a current
account
(1).
These current accounts will give you access to your account
by ATM and for any standing orders you may have to set up
later. You will have full, password protected, internet
access from anywhere in the world and they normally pay you
nearly 14% interest on any balances.
Ø
Turkish Inland Revenue
to register you with a Turkish Tax number which is needed to
buy property.
Ø
Introduce you to an English speaking
Turkish Lawyer
(2).
And
Ø
Transport you to the Notary’s Office to process the
TAPU [Property Deeds].
You should allow a morning
to complete all the initial requirements and you will then
be in a position to buy either on this trip or at a later
time.
*
The 75 euro fee will be refunded if you decide to purchase
any property on my books.
(1)
Your current account will allow you to transfer funds safely
from your home account to your Turkish account by electronic
transfer. You will also be able to order a Turkish ATM &
Switch card.
(2)
www.law-tr.com
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Buying a Villa or
Apartment in Turkey is less complicated than in Ireland or England. This
simplicity sometimes causes concern to our customers who are more use to the
long drawn out legal process in their own country.
Because the Estate Agent is more responsibility for managing the buying and
selling process it is very important that your Real Estate Agent is a registered
and Licensed…Ask to see his Licence.
Members of the Kusadasi estate Agents Association ( Kusemder ) uses the official
Kusemder Bi-language contracts and official receipts for all monies. The
comprehensive Kusemder contract fully explains the terms of sale and provides
legally binding protection for both the seller and the buyer. These legally
binding contracts are pre-numbered in triplicate with a copy going to the buyer,
the seller and the Estate Agent.
Some times second time buyers are confident enough to complete the sale without
a lawyer as legal representation is not legally required. However we recommend,
for the customer’s peace of mind, that a lawyer is employed. You may also grant
Power of Attorney to a lawyer to complete legal documents in your absence.
The Title Deeds Office and the County Council will check
o
The title deeds of the property are in order
o
The person selling the property is the registered owner
o
There are no debts or charges on the property
The Title Deed for the property called a TAPU will have the property details and
a passport style photo of the current owner [seller] and his name. You will need
to see this before signing any documents.
On successful completion of the buying process, your photo[s] along with your
name[s] will be entered onto the new TAPU at the TAPU [Land Registry] office
confirming you as the sole owner[s].
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If you are buying an Apartment it will normally be part of a Co-Operative. This
will be quicker than buying a villa or house because, although the process is
the same as above, instead of receiving a TAPU, your name[s] are entered into
the register at the TAPU office replacing that of the seller making the
apartment legally yours.
As a very rough guide to other costs you may expect to pay:
@ 3% estate agent fees
@ £300 land registry and property tax
@ £75 notary fees
@ £60 a year property and contents insurance
@ £10 a year council tax
@ £25 a month pool, ground and site security charge.
Address:
Turkmen Mahallesi Bayraklı Dede Mevkii Ruya Evleri No:1 - (09400) Kusadasi -
Turkey
Tel: 0090 256 618 32 68 - Fax: 0090 256 618 23 60
For further information please do not hesitate to look up our website or contact
us on the details provided below or
call us 24 hour a day.
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