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| WHY INVEST IN TURKEY? Pension Plan doing ok? Are your investments growing? If you answered NO to the above questions then think about investing in a property in TURKEY. Putting your money into bricks and mortar has been advised for centuries; unfortunately in the UK this has lead to larger house prises that make property unavailable to most people. 2 years ago the average property price in Altinkum was approx. £8,000 now it is £30,000. With the process being both simple and inexpensive buying a property in Turkey is now an excellent investment opportunity, with more British people moving there (estimated at over 2,000 in Altinkum alone) and benefiting from the obvious plus’ of it’s superb climate, coastline and places of interest to visit. Turkey has a fast developing economy and is preparing new laws and regulations so as to be accepted as a full member of the European Union, a process that is expected to take place in the next couple of years, when the process is complete prices on properties will rise in line with European levels. Therefore, this is the time to buy, so why don’t you capitalise on this upward trend, Turkey offers you a happy, warm and welcoming environment. Altinkum has one of the cleanest bays in the Aegean, it is not as commercialised as other resorts and it’s simple way of life and friendly atmosphere is all part of it’s charm. The Buying Procedure Since 2002 foreign people have had the opportunity of buying property in Turkey in their own name, the process of getting the Title Deeds takes around three months. First and foremost a solicitor is required who will represent the clients interest throughout the period of the purchase, a translator will also be appointed so as to ensure a full understanding at all times. A meeting is arranged where a contract agreement is made between the seller and buyer, solicitor and translator will also be in attendance. A Military check is carried out for all foreign buyers during the period of purchase, this is commonplace and is only to ensure that the property you are buying is not on Military land. This is done prior to the release of the Title Deeds. Once a client has purchased their property assistance can be arranged for purchasing furniture and household goods if so wished. Buying From Plan When buying from plan we require a minimum 10% deposit on signing the contract, a further payment of 70% after 30 days and the remainder on completion. On hand-over, you will receive the keys and we will arrange the transfer of the deeds. |
