Question Topics
How Bargain Homes Abroad .com can help you
Details about purchasing a property in Turkey
Information on Turkey
Legal and financial information
General questions
1 How Bargain Homes
Abroad can help you buy a property for Sale
What makes Bargain Homes Abroad so different?
I would like to purchase a property in
Turkey, so where do I start?
If I purchase a property in Turkey, am
I going to have to come over lots of times? It is unlikely
that I will be able to obtain enough leave from work.
If there are any difficulties with the
purchase process, such as the vendor dropping out - how would
Bargain Homes Abroad help me?
Would Bargain Homes Abroad help me to
rent my property out to holiday-makers?
What is the difference between a licensed
and non-licensed agency? And what are the implications for
me when purchasing property?
How will I understand everything? I don't
speak Turkish.
Do you use a qualified surveyor to give
a reliable report on the Property?
We would like to view some properties
- how can Bargain Homes Abroad arrange this?
2 Details about purchasing
a property in Turkey
Is buying a property in Turkey an investment
opportunity?
Are lots of British people purchasing
homes in Turkey?
How near is Turkey to joining the EU?
Are house prices likely to rocket when this happens?
I have the money, so why am I not better
buying property in Spain, what are the advantages of buying
in Turkey?
3 Information on
Turkey
What are the best times of year to come
over? What is the weather like in winter - would it be deserted
and bleak?
What are the medical services like in
Turkey? I am concerned that Bargain Homes Abroad wouldn't receive the same level
of care that Bargain Homes Abroad currently get at home.
What about the Euro - is this currency
accepted in Turkey?
Are locals accepting of foreigners?
4 Legal and financial
information
Leasehold or Freehold?
Can I buy my property without a lawyer?
Why use a lawyer?
How long before I own the property?
Who inherits our property if one of us
dies?
Can we take our money back out of Turkey
if we sell our property?
What are the tax implications for owning
a property?
Are there any charges when owning a property
in a complex?
5 General questions
Following the war in Iraq, is now a good
time to be buying a property in Turkey, as the country shares
a border with Iraq?
Can I purchase more that one property?
What is the average cost of a house,
what constitutes quality and what doesn't?
If I purchase a property in Turkey, will
this give me citizenship, or any citizenship rights?
If I own a property in Turkey, is there
a limit to the number of times I can come over in a year,
or the duration of any of these visits?
What voltage is the electricity?
Do houses have gas?
Are we able to drink the tap water?
Can we install satellite TV?
Can we have a telephone?
How do mobile telephones operate in
Turkey?
Can I open a bank account in Turkey
if I own a property there?
Should I have air-conditioning?
What is the minimum needed to furnish
our property?
Can we our own furniture from abroad?
What about bringing pets into Turkey?
What about insurance?
1 How Bargain Homes Abroad can help you
What makes Bargain
Homes Abroad .com so different?
Bargain Homes Abroad offer a professional, comprehensive
and friendly service via our specially selected partners to
ensure that all our clients are completely happy with their
purchase. We not only find property for sale at the most competitive
prices, but our aim is also to find the best companies to
assist our clients with the complete purchase process. Back
to How Bargain Homes Abroad can help you
I would like
to purchase a property in Turkey, so where do I start?
Going to the right people for the correct advice is a must.
Anyone can help you purchase a property, but you want to
make sure you are doing things correctly and not paying
over the odds.
At Bargain Homes Abroad .com we strongly advise you use a
lawyer, and if you purchase through our partners they will
keep you and us constantly updated on the purchase process.
Back to How Bargain Homes Abroad can help
you
If I purchase
a property in Turkey, am I going to have to come over lots
of times? It is unlikely that I will be able to obtain enough
leave from work.
If you purchase through our partners, they will
manage the sale for you. You would only need to come over
to Turkey once.
Back to How Bargain Homes Abroad can help you
If there
are any difficulties with the purchase process, such as
the vendor dropping out - how would Bargain Homes Abroad
help me?
At Bargain Homes Abroad we advise our clients that
you have clause added to the contract to give you protection
for such an event so as to have the backing of your lawyer
and contract if problems arise.
Back to How Bargain Homes Abroad can help you
Would Bargain Homes Abroad help me to rent my property
out to holiday-makers?
We try and choose Agents and Developers who give
assistance either directly or can be trusted to direct you
to trusted Rental Agents.
Back to How Bargain Homes Abroad can help
you
What is the
difference between a licensed and non-licensed agency? And
what are the implications for me when purchasing property?
A licensed agency is an agency that pays tax and
therefore operates legally. You can check this by looking
for offices that display a tax certificate outside their premises.
Some non-licensed agencies operate from bars, restaurants,
shops or even hotels. There have been examples of people purchasing
from non-licensed agencies, and as a result have lost thousands
of pounds and not ended up with a property.
Back to How Bargain Homes Abroad can help you
How will I understand
everything? I don't speak Turkish.
A translator is involved throughout the legal process
with our partners and must be certified and qualified. Our
partners all work with translators to ensure that you have
a complete understanding of the legal process and more importantly
peace of mind.
Back to How Bargain Homes Abroad can help you
Do you use
a qualified surveyor to give a reliable report on the Property?
On all new properties, there is a Government system
on building (Yapi Denetim), and owners should be able to guarantee
these properties. On older resale property, clients can pay
for property to be checked by qualified surveyors, We Recommend
a survey on Resales.
Back to How Bargain Homes Abroad can help
you
We would like to
view some properties - how can Bargain Homes Abroad arrange this?
Bargain Home Abroad through our partners are able
to provide both return transfers and accommodation at excellent
rates. On booking a flight, please contact us immediately
and we will put you in touch with our partners who will arrange
the rest.
Back to How Bargain Homes Abroad can help
you
2 Details about purchasing a property in Turkey
Is buying
a property in Turkey an investment opportunity?
Potentially, purchasing a property
in Turkey is a fantastic investment opportunity, because prices
are still relatively low in most parts of Turkey. Turkey wants
to join the European Union and a decision will be made on
this in the next few years. On joining the EU Bargain Homes Abroad do anticipate
that prices will rise.
Back to Details about purchasing a property in Turkey
Are lots
of British people purchasing homes in Turkey?
Yes, in the last couple of years, the number of
British people purchasing property in Turkey has grown, and
there are many reasons for this. Many British people believe
they have been priced out of the domestic and European property
market - property in Turkey is not as expensive. Also many
opt for Turkey because of the climate, friendly people and
culture.
Turkey has so much to offer, and lots of people who have visited
for a holiday have discovered its charm and decide to return
time and time again.
Back to Details about purchasing a property in Turkey
How near
is Turkey to joining the EU? Are house prices likely to
rocket when this happens?
The general and considered opinion is that Turkey
will eventually enter the EU, but at present the country still
has obstacles to overcome. On entering the EU, it is likely
that property prices will rise.
Back to Details about purchasing a property
in Turkey
I have the
money, so why am I not better buying property in Spain,
what are the advantages of buying in Turkey?
At present, prices are generally a lot lower than
Europe. The cost of living in Turkey is also significantly
less - so your money tends to go much further.
Back to Details about purchasing a property in Turkey
3 Information on Turkey
What are
the best times of year to come over? What is the weather
like in winter - would it be deserted and bleak?
Summer time (May - October) is the best in Turkey
for the weather and the majority of holiday resorts can be
found on the south and west coasts of the country. These places
experience more than seven months of sunshine per year. Winter
is much milder than many parts of Europe, however it can rain
heavily and frequently. The smaller coastal resorts generally
close for the winter.
Back to Information on Turkey
What are the medical
services like in Turkey?
I am concerned that we wouldn't receive the same
level of care that we currently get at home.
There are no NHS hospitals in Turkey - You have both Government
and Privately owned hospitals. The private hospitals are generally
40% cheaper than their European counterparts, and the medical
services are good with often one-to-one patient care. Private
health insurance can also be bought in Turkey. Back
to Information on Turkey
What about
the Euro - is this currency accepted in Turkey?
Yes. As is the UK pound and US dollar.
Back to Information on Turkey
Are locals
accepting of foreigners?
The majority of locals are very accepting of foreigners,
and are keen to have them as their neighbour. By the same
token, it is important that foreigners respect the Turkish
traditions and culture.
Back to Information on Turkey
4 Legal and financial information for Turkey
Leasehold
or Freehold?
A small amount of property in Turkey can be leasehold
but the property Bargain Homes Abroad partners sell is on
a freehold basis only. Back to Legal and
financial information
Can I buy
my property without a lawyer?
Yes, theoretically it is possible, everything can
be done through the local Land Registry Office. Our partners,
will only sell a property in conjunction with a lawyer. WE
HIGHLY RECOMMEND THAT YOU USE AN INDEPENDENT LAWYER.
Back to Legal and financial information
Why use a lawyer?
A lawyer will represent your interests throughout
the entire purchase of your property. A contract is drawn
up between the seller and the buyer, which is checked thoroughly
by both parties before signing.
WE HIGHLY RECOMMEND THAT YOU USE AN INDEPENDENT LAWYER.
Back to Legal and financial information
How long
before I own the property?
Foreigners can buy property in their own name now
in most areas of Turkey, (always check) and the process of
obtaining the title deeds takes approximately two-three months.
A military check is carried out on all foreign people before
the title deeds are authorised.
Back to Legal and financial information
Who inherits
our property if one of us dies?
According to Turkish Law, the property automatically
goes to spouse and children. To make amendments on the title
deeds would involve legal assistance.
Back to Legal and financial information
Can We take our
money back out of Turkey if We sell our property?
Yes, you are able to take money back out of the
country in pounds sterling. Via a bank is the preferred option,
as this registers the money both arriving into and departing
from the country.
Back to Legal and financial information
What are the tax
implications for owning a property?
In some areas our clients pay 1.5% tax of the total
and the seller pays the other 1.5% as a general rule its best
to factor in the 3% of the declared value so there are no
surprises.
There is also a community tax, which is generally paid twice
yearly - this is for local services and maintenance. This
is very minimal in comparison to many other countries. There
is also a renting tax that should be paid if you are renting
out your property.
Back to Legal and financial information
Are there
any charges when owning a property in a complex?
When purchasing a property in a complex with other
homes, the average annual charge for up-keep is £200-300.
The charge depends on the complex and any work that has been
carried out.
Back to Legal and financial information
5 General questions about Buying a Property in Turkey
Following
the war in Iraq, is now a good time to be buying a property
in Turkey, as the country shares a border with Iraq?
The southwest coast of Turkey (the main tourist area) is
around 75 to 90 minutes by plane from the Iraqi border.
It is true that the war has been a real concern for many
foreign tourists, and flights this year are expected to
be exceptionally cheap as a result of this. Bargain Homes
Abroad recommends that while demand is low, now could be
an ideal opportunity to invest in property, before tourist
numbers begin to increase.
Back to General questions
Can I purchase
more that one property?
Yes. Property deeds can also have more than one
name on them. Back to General questions
What is the average
cost of a house, what constitutes quality and what doesn't?
In all areas of Turkey, prices do vary enormously so it
is therefore difficult to put an average price on a property.
Quality also differs from property to property. Our partners
point these factors out to you, to assist you in making
the correct choice.
Back to General questions
If I purchase a property
in Turkey, will this give me citizenship, or any citizenship
rights?
Buying a property does not give you any citizenship
rights or indeed immediate citizenship. A residency visa is
still to be applied for should you wish to stay in the country
for long periods of time.
Back to General questions
If I own
a property in Turkey, is there a limit to the number of
times I can come over in a year, or the duration of any
of these visits?
There is no limit to the amount of times that you may visit
Turkey in a year. On entering the country, you will pay
10 pounds sterling for a three-month visa. Should you enter
the country again within the same three-month period, you
can use the same visa, but this visa is valid from the date
of your first entry, not the second. Therefore you do need
to check when your original visa runs out as that will still
apply.
Back to General questions
What voltage is the
electricity?
Turkey's electricity is 220 volts. In some areas where power
surges are a factor, the purchase of a regulator is a necessity,
as it smoothes out these surges before they reach the electrical
goods in your home.
Back to General questions
Do Turkish houses have
gas?
In tourist resorts, gas is available, as a form
of heating gas fires, or for cooking via a bottle.
Back to General questions
Are we able to
drink the tap water?
Bottled water should always be used for drinking. Some areas
do have purer water than others, however Bargain Homes Abroad would advise
drinking bottled water, which is very cheap to buy.
Back to General questions
Can we install
satellite TV?
This is readily available in many languages, including English
and German. In order to have all documentation in your own
names, a residency visa is required. There is a wide selection
of satellite packages available in Turkey.
Back to General questions
Can we have a
telephone?
Yes, through the national telephone company Turk Telekom.
Bills need to be paid on a monthly basis. To obtain documentation
in your own name, a residency visa is required.
Back to General questions
How do
mobile telephones operate in Turkey?
Mobile telephones are bought separately in Turkey, you then
can choose whether you prefer pay-as-you-go or by monthly
subscription. A foreigner cannot buy a SIM card unless they
have Turkish citizenship.
Back to General questions
Can I open
a bank account in Turkey if I own a property there?
Foreigners can open an account at a number of the Turkish
banks. Your passport is always required when going inside
a bank. Cash point cards are available and can be applied
for once the account is open. A bank account is useful for
setting up direct debits for utility bills.
Back to General questions
Should we have
air-conditioning?
Air-conditioning is a must for the really hot months
of July and August. Most of the modern units are split units
and so can blow out cold air when it is hot and warm air when
it gets cold.
Back to General questions
What is
the minimum needed to furnish our property?
There are a wide range of furniture and electrical goods
shops in Turkey, and prices vary according to quality. To
furnish a two-bedroom apartment with enough to make it comfortable
for holiday purposes, you should expect to set aside a minimum
of £1,500. Please note that this price is without
air-conditioning.
Back to General questions
Can we bring
our own furniture from abroad?
There are many companies offering international
removal services. However, Bargain Homes Abroad would recommend
selling your furniture at home and buying the items in Turkey
instead. Electrical goods are heavily taxed on entry, plus
the whole process can be a lengthy and stressful one.
We have had a number of enquiries from UK clients about
why we advise not to take their own furniture, the reason
is that wooden furniture made in the UK generally does not
last well, the glue on the joints normally does not last
long in the different climate conditions (same applies to
Spain)
Back to General questions
What about bringing
pets into Turkey?
It is possible to bring a pet into Turkey with its own passport.
However, on returning to the UK you would be subject to
quarantine laws.
Back to General questions
What about
insurance?
On property, there are plenty of companies offering
comprehensive annual cover. Bargain Homes Abroad advise all
clients to insure their properties, ask your Agent/Developer
to recommend good companies to go with. Earthquake insurance
is a necessity on those properties that reside in an earthquake
region.
Health insurance is also available and there are a number
of suitable policies to choose from.
Back to General questions
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