1 Turkey
Finding and purchasing in Turkey
By Cameron Deggin at Property Turkey,
propertyturkey.com
When a buyer arrives in Turkey for a viewing trip, their agent should have short-listed a range of properties for them. Done properly, the viewing process involves three to four days of area visits followed by property visits. Even if a buyer has visited an area many times before, it is likely their agent will show them parts that are new to them. In Bodrum, in particular, there are at least a dozen towns around the peninsula, each with its own particular character – it’s unusual for a buyer to know all of them well. Generally a buyer ends up with a short-list of two
or three favourite properties, and then picks one based on price and terms. Once an off er is accepted, the agent should help the buyer to complete a handful of tasks before returning to the UK. This includes paying a reservation fee of around £1,000 to take the property off the market, visiting a Turkish bank and opening an account, appointing an English-speaking lawyer – your agent should be able to recommend a selection, and organising power of attorney. With all of the above done, typically it takes around
four weeks to reach completion day, which is when title is transferred into the new owner’s name. Before then, the buyer’s lawyer will do due diligence, all the necessary legal checks and ensure the buyer has the required clearance with the relevant government authorities. However, if the property being purchased is part of a complex where foreign nationals have already purchased, or if the property is being sold by a foreign owner, then completion can be achieved as quickly as one or two days after reservation. This is because many of the checks will have been done previously for the foreign vendor. It should be noted that Yalikavak is a rising star of the Bodrum peninsula, and not only thanks to the new marina complex. Planning laws there changed last year, making it harder to build there, meaning the area should become exclusive. With that profi le we see prices increasing more sharply than any in other parts of Bodrum.
Where: Yalikavak, Bodrum Peninsula
£319,000
‡ Modern, open-plan villa on small, secure complex ‡ Highly sought-aſt er area with stunning sea views ‡ Four bedrooms, all sea-facing, and three bathrooms ‡ Private, heated swimming pool and garden ‡ Fully furnished with all white goods ‡ Air con, double glazing, central heating and satellite system ‡ 500 metres from the beach, 3.5 kms from the marina ‡ 20 minutes from Bodrum, less than an hour from the airport
For more details: Property Turkey,
propertyturkey.com
T ey like:
For our Turkey buying guide, visit
‡ Yalikavak is one of our favourite resorts ‡ It’s in one of Yalikavak’s most desirable complexes ‡ T e sea views are fantastic ‡ We love the overall style and modern interior ‡ T e private pool, which is heated, gets the thumbs up ‡ Nice and close to the beach too ‡ It comes with fi xtures and fi ttings, and fully furnished ‡ Not far from the marina in Yalikavak ‡ It’s very lettable and has a rental income history ‡ It’s aff ordable and within our budget ‡ It’s got everything we’re looking for, so we’ve decided to put in an off er for this property!
T ey dislike: ‡ Really, there’s nothing notable that we don’t like about it
116 |
aplaceinthesun.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156