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Sarigerme, TurkeySarigerme, Turkey

 

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Sarigerme, Turkey

The Resort

Location

Why buy?

Facilities

How to buy

Viewing Trips

 
 

"The purchase procedure for this resort is very straightforward and a viewing trip to this fantastic destination is highly reccomended."

How to buy

Mortgage Details:

 
  • 70% LTV
  • Up to 20 years
  • Maximum age at maturity : 70
  • Multiple Purchases OK
  • Current rate: 5.1%
  • Fixed Repayment amounts
  • No early Settlement fees


Buying a property in Turkey is extremely straightforward and certainly easier than many other European countries - including the UK. Europeans (and most other nationalities - ask for specific details) may purchase land and property in Turkey in their own names provided that the properties are not inside military zones or within/on government land. In order to acquire the title of a property, an application has to be submitted to the local Land Registry Office in which the property is situated.

After carrying out the necessary searches and checks for the abovementioned requirements, the transfer of both sides (the seller and the buyer) to be present at the entry in the property register. However, as this is often inconvenient for people who are residing abroad, a purchaser can authorise a third party to act as a power of attorney for this transaction. During the transaction, the proofs or the documents concerning the transfer of the full purchase price into Turkey must be presented to the Land Registry Office. The acquired property may be resold and the proceeds may be transferred out of Turkey.

The buyer(s) passport(s) will be taken to a notary for translation. This is a necessity for the security and property location checks mentioned above. The translation takes no more than an hour after which the passports are returned to the buyer. Once the application has been approved by the Land Registry Office (it takes 2-3 months for the security and property location checks to be made and approved), the vendor/developer will sign over the title deed ("Tapu") of the property to the buyer (assuming all outstanding agreed payments have been received). It is at the point of deed transfer that the purchase tax (3%) is paid.

It should be noted that independent legal representation is available to all potential purchasers if requested. In reality, the procedure is a very simple one and the employment of a lawyer is not necessary. However, when purchasing abroad the services of a solicitor to act on your behalf may help your confidence during the purchase, especially if you haven't bought abroad before.

Additional Fees:

 
  • Arrangement fee
  • Rental agreement and sales contract
  • Legal fees (UK lawyer)
  • Furniture pack
  • Utility connection fees
  • Sales tax
  • Insurance
  • Military clearance in Turkey
  • Mortgage fees
  • Agent's fees


These additional fees amount to approximately £10,000

Viewing Trips

Viewing trips to Sarigerme, Turkey are available and we would be pleased to explain the trip to you in further detail. You will need to arrange and book your flights and we’ll do the rest. Don’t worry about accommodation, we will put you up in the existing Alinn Boutique hotel, the very same hotel that will be managing your property.