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Facts and Questions

Q1: What is the difference between new and a resale property?

A1: A new property is either newly built, in the process of being built or is about to be built while resale property is usually older. Generally, new properties offer better financial advantages than resale ones. The main advantage is flexible payment terms (installments). There is often a possibility of getting a discount. A new property will have more modern design and interior fittings; it will be built in accordance with strict building regulations and will have minimum 5 years construction warranty. Also all new properties have to be earthquake-proof by law.

A resale property is already built so you do not need to wait and as there was a previous owner it may have more character and gardens will be more mature. There are some very nice resale property’s and often come fully furnished, it’s down to your personal choice.


Q2: How can I rent my property out?

A2: You can use letting agents who will rent the property out for you. There are also a number of more ‘hands on’ techniques you may consider such as newspaper advertising, friends and family, notes in shop windows and advertising in big organisations such as hospitals and factories. As an increasing number of people make their holiday arrangements relying solely on the Internet you can advertise your property on many of the letting websites or you can set up your rent on our website. we can also manage your lets for you

 


Q3: Do I need to worry about a title deed?

A3: Although there are properties in Turkey which do not have clear title deeds, buying a property like that can be easily avoided by making the necessary checks before going ahead with the purchase. This will be done by our lawyer.


Q4: What documents do I need to supply?

A4: Photocopy of the buyer’s valid passport and two passport-sized photographs


Q5: Can I rent my property?

A5: Yes. No 1 Turkish homes can assist clients to rent their property out. The busiest renting period is from july to October. Look at renting on our home page


Q6: Will the property be freehold?

A6: Yes. All properties in Turkey that we sell are freehold. we do not sell lease hold


Q7: What taxes do I need to pay?

A7: The purchase tax which is 3% of the declared purchase price, however, this tax is sometimes shared between the seller and purchaser. There are: property tax (calculated on the basis of the notional value of the property), local tax (between £50 and £200) and environmental tax (imposed by each municipality for collecting your rubbish).


Q8: Do I need to open a bank account in Turkey?

A8: You can open a bank account in a number of Turkish banks. Documents required are your passport and a tax number which you can obtain from a local tax office. It is particularly useful for setting up direct debit to pay utility bills.


Q9: What are the ongoing costs?

A9: There is a property, water and rubbish collection tax according to the size of the property of approximately £35 to £70 per year. Other than repairs and redecoration, the main personal costs are garden and pool maintenance.


Q10: Can I have satellite TV installed?

A10: Yes. You can buy Digiturk Satellite system which comes with 52 channels such as: BBC Prime, CNN world service, Discovery Channel, Euro sport, etc .we will arrange this if you so wish


Q11: Can I have a telephone installed?

A11: Yes, providing you have a resident visa. Otherwise you are advised to buy a SIM card for your mobile.


Q12: Can I work in Turkey?

A12: Yes. You need to obtain a work permit.


 

Q13: Is there a limit to the number of times I can come over to Turkey in a year and do I have to pay £10 every time I enter the country?

A13: You need to obtain a visa which will entitle you to enter the country as many times as you want within the period of 3 months this will cost £10. you can also get a 1 year or up to 5 year residence permit if you live here cost about £200 a year

Q14: What would happen to my property if I died?

A14: in the event of death, the property is inherited by the lawful heirs unless otherwise stipulated. Your British will would be adhered to.


Q15: Can I bring a pet with me?

A15: Yes. You will need a ‘pet passport’. Also on returning to the UK you would be subject to quarantine laws.


Q16: What about insurance?

A16: It is advisable to insure your property. Earthquake insurance is a necessity and required by law.


Q17: What are the standards in hospitals and what if I need medical help?

A17: There are many private hospitals which provide professional and high standard help. Although foreigners have to pay for medical treatment costs are much lower than in other European countries.


Q18: Do I need to learn Turkish?

A18: It is not necessary as many Turkish people speak English, particularly in tourist resorts. However, some Turkish would make your life easier especially if you are planning to live in Turkey. a learn Turkish cd will be given to you in your welcome package when you buy your home from us


Q20: What is th The cost of living in Turkey?

A19: The cost of living in Turkey is significantly cheaper than in other countries in Mediterranean region. Gas costs around £5 per month (depending upon usage), Electricity is about £0.05p per kilowatt, and water varies from £0.40p to £3.00 per ton depending on if you use the mains supply or not. Bread 20p, tomatoes 40p a kilo  milk 50p a ltr ,most fruit 40p a kilo,

 

 


                    

 

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