Calis Beach and Fethiye Turkey Discussion Forum
Introduce Yourself => New Member Introductions => Topic started by: vera on October 12, 2003, 16:49:31 PM
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Hi my name is Vera , I am 57yrs old , my husband and I are thinking of buying a property in Turkey , I needs lots of info on all aspects of purchase. would welcome all info and advice
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OK Vera, Fire away, What do you need to know ?
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feel free to ask any questions there are quite a few of us that have bought in Turkey so between us I'm sure we can point you in the right direction
Ron
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quote:
Originally posted by Rimms
OK Vera, Fire away, What do you need to know ?
Hi rimms did you use a local solicitor over there also did you arrange your mortgage in the u.k.did you pay estate agency. we dodt know where to start
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quote:
Originally posted by legless
feel free to ask any questions there are quite a few of us that have bought in Turkey so between us I'm sure we can point you in the right direction
Ron
hi Ron any info would be welcome. where did you start first , I have gone onto some sites on internet, but first I think about mortgage did you get yours in the u.k.
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Hello Vera and welcome to the site, In answer to your question about mortgages you will find it very hard if not impossible to get a mortgage in England for a property in Turkey as Turkey is not in the E.U. therfore one option to raise the neccesary ante is to consider a remortgage on the property you have now in the U.K, then when you know how much you have to play with, you can start to look at available properties in your price bracket in Turkey. When you are ready to buy I know of a very good agent as do many of us on this site who have used his services, and he is also our Managing agent for our Villa in Calis. This agent will also help you with all the neccasary paperwork, and the legalities involved.
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vera
welcome to the site.
As the others have said they will all help. We are in the process of looking to buy a property and have had some good advice from all the above.
Nobody has mentioned Scunner yet. He will introduce himself soon enough. He is a great help as I am sure you will find out.
Good luck with your search. We will let you know how we get on. We are off to Calis on 24 Oct and hope to come back well on the way to being owners.
Regards
Gordon
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And as if by magic...
Hi Vera
I didn't use a solicitor but people who have bought from me have, and it seemed to give them peace of mind, for a total cost of £400 ( around 1% of sale price?). It's a quick process, buying in Turkey - so much so that it might all happen to quick for your liking and you may go away wondering what on Earth happened.
I got peace of mind too, as the buyer pays the sellers solicitor bill - what a fine idea.
Scunner
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Vera
As per above, raising funds in Turkey may prove difficult, most people seem to take the remortgage route suggested by Marly. When you buy your property you have to use a government appointed Notary & Interprator, they will handle all of the legal side of the sale, I guess where a solicitor may help is with the cash transfer ? I did not use a solicitor on the basis that I had lot's of personal reccomendations on which agents to use. This saved some money but also added a bit of stress ! Hapilly it all worked out well for us.
Beware of a couple of things, Debt can be passed on to the new owner of the property, make sure your agent confirms that the appropriate search has been done. When you shake hands and pay a deposit to the Vendor, you are both locked in to complete the sale / purchase with hefty penalties on both sides if either decides to pull out.
Check that your property is not part of an incomplete co-operative, this is a way of buying a property where you pay some money up front and then the remainder over a fixed period of time, say, 5 years. The problem is that unscrupulous agents may fail to mention the additional payments and if you fail to pay then the co-operative can reposses the property. An incomplete co-operative will normally have a joint deed to cover all properties on the development, only after all of the money is paid does the co-operative become complete and individual deeds are issued.
Think carefully about what you want the property for, investment, retirement, holidays, rental income etc. then check that your property ticks all of the required boxes, in fact make a check list and tick off items as you view. Properties in the mountains may look lovely in the summer but can get very cold in winter, go and see the property at night, is it easy to pop out for a meal, loaf of bread, does it look / feel secure. Consider if you want to be amongst other ex pats or integrated with the Turkish community. Check transport links, both local and to and from the airport.
Finally, keep in touch with this board, I doubt you will come across anything that has not been seen & solved amongst this community.
Good luck, it's a great feeling to own your own place in the sun, and for me it's also a very good investment, our house has appreciated in value by 45% in the last year.
Rimms
PS sorry about spelling / grammar, typed in a hurry
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Hi Vera, the info u have been given is spot on. We just purchased our house in Turkey and had our papers last Friday, we also have the same agent as Marly, and he has been invaluable to us. He actually found the house for us, sorted out all the lagalities and has arranged for the work it needed to be carried out, and to a high standard. All the estate agents over there offer the same houses, so it is a good idea to go to one that someone else has used, or indeeed contact our Agent Cemal who will be more than pleased to help you. Best of luck, and ask anythig you want, we will all help as much as poss.
Haino, I will be over in Turkey for a week from Monday 20th so maybe we could meet up,I am taking my mum over to see the house.
Helen
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Helen
Thanks for the invitation to meet up soon.
We would be pleased to meet you. We arrive on Friday 24th and are staying for 4 nights. Would you like to meet up one evening for a drink? (Angie is a vodka drink just like yourself :P )
Just let us know the day, time and place and we will find you.
Look forward to hearing from you
Gordon and Angie
PS If we manage to get our house-hunting sorted fairly quickly, we would love to see your place. From the photo it looks great. (Only if we are not intruding though).
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Hi Vera, glad to see that you are looking to buy in Turkey. We got the deeds on our two new apartments at the end of June after only six weeks. We did not use a solicitor but used the services of a local notary. Even though it seeemed scarey at the time everything went well and now for two similar apartments in the same location we would have to pay £40k more - are we chuffed or what!!! beats putting the money in a bank! - not that we would ever dream of selling.
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Hi Gordan and Angie, it would be great to meet up, what time do you arrive on the 24th, or do you want to meet on the Saturday evening. We could meet at the Post Office or you could call at our house, I will definately have a vodka and efes in the fridge, and you will be more than welcome. Ask the taxi driver for the Erkin Apartments in Yunas Nadi Bulvari, Akarca Mah and our house if directly opposite, you can't miss it. I will apologise in advance though for the mess, we have the kids with us.
Helen
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Helen
Thanks for your kind invitation. We may be a bit pushed for time on Friday 24th Oct. How about meeting up at the Post Office on Saturday (25th). Hopefully anyone else who is around can meet up with us too. Think you know that the Coventry Kid (Jurgan) and his wife Shirley are there at the same time so hopefully they can make it too.
How about we set up an END OF SEASON GET-TOGETHER. Maybe we will get a few more there. Scunner has posted my photo in 'Members Introductions / Photographs'. Shouldnt have any problem recognising me. Hope you dont think I will frighten the kids.
Gordon
PS Dont be surprised if Scunner deletes this message because he cant make it to the official END OF SEASON GET-TOGETHER :-\
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Hi Gordon and Angie, Saturday night at the Post Office will be fine, say about 7.00 p.m. It's o.k. my kids don't frighten easily, after all they see me all the time. If Jurgan and Shirley or anyone else is free, it wil be good to have a trial run of the official owners party next May.
See you Saturday Helen.
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Hi Vera
I am living in Calis also.I want to give you some advice as a civil engineer.Of course you must check about paper works very very carefully as mentioned above.But you must check about quality of construction also.Just one question will help you.Ask to the constructor if they had used ready-mixed concrete or not.Beacuse in Turkey sometimes concrete is being done by old methods and isnt strong enough.
Its only one question to be asked but shows too much on the quality of construction and constructor.