FIND YOUR PROPERTY
-
Summer 2011
Brochure
F.A.Q.
Q: Can I purchase more than 1 property?
A: Yes. One can purchase as many properties as they want.
Q: If I purchase property, how do I know when to make my payments?
A: This will be detailed in the sale agreement, however Century21 - ADA will also give clients a payment plan which details when each payment is required, very clearly. As soon as the payments have been received, Century21 - ADA sends clients a receipt.
Q: If I own a property in Turkey, is there a limit to the amount of times I can come to Turkey to use it?
A: No, there is no limit.
Q: Do I need to pay fee for visa every time I enter the country?
A: When entering Turkey, foreign citizens will need to pay a fee for a visa. The price and validity of this visa (usually 1 or 3 months – single or multiple entrance) will depend on the citizenship of the foreigner. Once you owe a property in Turkey, you can apply for a residence permit up to max. 5 years (actually the validity of the resident permit will the same than the validity of your passport). The price of this residence permit will again depend on the citizenship of the foreigner.
Q: How long does it take until I own the property in my name?<br /> A: It usually takes 6 - 12 months for the Title Deeds to come through. When this happens, the property will be in the clients name.
Q: If I die, will the Turkish Government have any claim to my property?
A: No, it won't. The same rules apply as in the English and Irish law in that the husband/wife and children will then inherit the property
Q: I have heard that the Turkish Government gets a 52% share in each property that foreigners purchase, is this true?
A: No, it is not true. The Turkish Goverment has no share or stake or claim on any property that is bought by foreigners and Turkish citizens alike. The property purchased will belong 100% to the buyer. This has been verified by the Title Deeds office in Turkey.
Q: If I purchase property, do I have to use a solicitor?
A: Technically, no, although we at Century21 - ADA will not sell any property to clients without using a solicitor, so clients will have the guarantee that everything is done legally and they have peace of mind.
Q: Is purchasing property in Turkey a good investment opportunity?
A: Currently prices in Turkey are incredibly reasonable, so owning property is a fantastic investment opportunity. Prices are constantly rising, so purchasing now is a good idea! It is widely believed that Turkey will enter the EU. Once that happens, property prices will definitely increase.
Q: Will I have to pay a tax on my rental income?
A: Foreigners that purchase property and subsequently rent it out are not taxed on this rental income. However, Turkish citizens who own property in Turkey and rent it out, are taxed on their rental income.
A: Yes. One can purchase as many properties as they want.
Q: If I purchase property, how do I know when to make my payments?
A: This will be detailed in the sale agreement, however Century21 - ADA will also give clients a payment plan which details when each payment is required, very clearly. As soon as the payments have been received, Century21 - ADA sends clients a receipt.
Q: If I own a property in Turkey, is there a limit to the amount of times I can come to Turkey to use it?
A: No, there is no limit.
Q: Do I need to pay fee for visa every time I enter the country?
A: When entering Turkey, foreign citizens will need to pay a fee for a visa. The price and validity of this visa (usually 1 or 3 months – single or multiple entrance) will depend on the citizenship of the foreigner. Once you owe a property in Turkey, you can apply for a residence permit up to max. 5 years (actually the validity of the resident permit will the same than the validity of your passport). The price of this residence permit will again depend on the citizenship of the foreigner.
Q: How long does it take until I own the property in my name?<br /> A: It usually takes 6 - 12 months for the Title Deeds to come through. When this happens, the property will be in the clients name.
Q: If I die, will the Turkish Government have any claim to my property?
A: No, it won't. The same rules apply as in the English and Irish law in that the husband/wife and children will then inherit the property
Q: I have heard that the Turkish Government gets a 52% share in each property that foreigners purchase, is this true?
A: No, it is not true. The Turkish Goverment has no share or stake or claim on any property that is bought by foreigners and Turkish citizens alike. The property purchased will belong 100% to the buyer. This has been verified by the Title Deeds office in Turkey.
Q: If I purchase property, do I have to use a solicitor?
A: Technically, no, although we at Century21 - ADA will not sell any property to clients without using a solicitor, so clients will have the guarantee that everything is done legally and they have peace of mind.
Q: Is purchasing property in Turkey a good investment opportunity?
A: Currently prices in Turkey are incredibly reasonable, so owning property is a fantastic investment opportunity. Prices are constantly rising, so purchasing now is a good idea! It is widely believed that Turkey will enter the EU. Once that happens, property prices will definitely increase.
Q: Will I have to pay a tax on my rental income?
A: Foreigners that purchase property and subsequently rent it out are not taxed on this rental income. However, Turkish citizens who own property in Turkey and rent it out, are taxed on their rental income.
Q: If I purchase a property that needs renovations, can Century21 - ADA organize this?
A: Yes, we can. We have a team of highly experienced builders who work for us, so we can easily supply a quote for clients for any work that needs to be carried out. We can also supply clients with progress reports upon request. We do the following: General construction of the main building, installation of kitchens and bathrooms, tiling, painting, plumbing, electrical work, design & construction of swimming pools and/or surrounding gardens.
Q: If we sell our property, can we take all of our money out of Turkey again?
A: Yes you can. It would be better to do this via a bank so that money is recorded leaving and entering countries.
Q: If I purchase land, can Century21 - ADA construct on it?
A: Yes, we can. We have a team of architects at the clients disposal should they decide to build on their land. We can take clients Title Deeds to the government land registry to check that they are in order and from there we will be able to determine how the land can be split up and what type of property we can construct on the clients behalf (eg: apartment block, duplex, triplex, villa). We will put our findings in a report to the client. Our architects can draw up plans according to clients specifications, or clients can have their own plans drawn up in the UK, and we can construct from these.
Q: Can I open a bank account in Turkey?
A: Yes. Century21 - ADA can assist clients with this. Clients will need to take their passports with them for the accounts to be opened. Setting up a bank account is useful for paying utility bills via direct debit.
Q: What are the bank opening times?
A: Opening hours vary, but banks are generally open from 9:30am 5:00pm with a lunch break between 12:30pm 1:30pm.
Q: Is it safe to drink the water from the taps?
A: . The water in the taps has a high mineral content which will upset your stomachs.
It is recommended to drink bottled water at all times .
Q: Are properties freehold or leasehold?
A: They are 100% freehold.
Q: What are the doctors like in Turkey?
A: Most doctors in Turkey speak English and are well trained.
A: Yes, we can. We have a team of highly experienced builders who work for us, so we can easily supply a quote for clients for any work that needs to be carried out. We can also supply clients with progress reports upon request. We do the following: General construction of the main building, installation of kitchens and bathrooms, tiling, painting, plumbing, electrical work, design & construction of swimming pools and/or surrounding gardens.
Q: If we sell our property, can we take all of our money out of Turkey again?
A: Yes you can. It would be better to do this via a bank so that money is recorded leaving and entering countries.
Q: If I purchase land, can Century21 - ADA construct on it?
A: Yes, we can. We have a team of architects at the clients disposal should they decide to build on their land. We can take clients Title Deeds to the government land registry to check that they are in order and from there we will be able to determine how the land can be split up and what type of property we can construct on the clients behalf (eg: apartment block, duplex, triplex, villa). We will put our findings in a report to the client. Our architects can draw up plans according to clients specifications, or clients can have their own plans drawn up in the UK, and we can construct from these.
Q: Can I open a bank account in Turkey?
A: Yes. Century21 - ADA can assist clients with this. Clients will need to take their passports with them for the accounts to be opened. Setting up a bank account is useful for paying utility bills via direct debit.
Q: What are the bank opening times?
A: Opening hours vary, but banks are generally open from 9:30am 5:00pm with a lunch break between 12:30pm 1:30pm.
Q: Is it safe to drink the water from the taps?
A: . The water in the taps has a high mineral content which will upset your stomachs.
It is recommended to drink bottled water at all times .
Q: Are properties freehold or leasehold?
A: They are 100% freehold.
Q: What are the doctors like in Turkey?
A: Most doctors in Turkey speak English and are well trained.