|
While in the office we will talk you through buying property in this
area and the timescales and costs involved. You should use an
English-speaking solicitor in Bodrum to deal with the legalities. We can
recommend to you the solicitors with whom we regularly work. They are
completely independent and work on your behalf throughout the purchasing
process. You have direct contact throughout and have their phone number
and e-mail addresses. In addition, our dedicated team will be on hand to
guide you through the process throughout.
The following are key points you should be aware of when purchasing a
property:
-
There are certain restrictions as to where, as a foreign national, you
can purchase property. It is our policy to ensure that properties in
such areas are not offered for sale through Explorer Properties.
-
There is a legal and official process whereby the Deed Office must
obtain agreement for the transfer of the ownership of property to ANY
non-Turkish national from the local Military Command. Due to
considerably increased demand this currently takes approximately 6-9
months to complete. You should be sure to plan for this in your
timescales. However, in most cases it is possible, on payment of the
full purchase price, and by legal agreement for us to make
arrangements for handover of the property immediately in order to
enable you to use the property during the waiting period. Further
details are available on request.
-
Once you have found your ideal property and wish to purchase we will
ask you to place an initial deposit to secure it. Currently the
deposit is a fixed amount of £5,000 UK Sterling. At this stage we will
draw up an agreement between you as the purchaser and Explorer
Properties as the agent, relating to the purchase. You will be asked
to go to the Notary Public to give your nominated solicitor Power of
Attorney to work on the transfer of deeds.
-
While in the office we will talk you through buying property in this
area and the timescales and costs involved. You should use an
English-speaking solicitor in Bodrum to deal with the legalities. We
can recommend to you the solicitors with whom we regularly work. They
are completely independent and work on your behalf throughout the
purchasing process. You have direct contact throughout and have their
phone number and e-mail addresses. In addition, our dedicated team
will be on hand to guide you through the process throughout.
-
There will be a sworn Government translator present to ensure you
understand and are happy with the terms of this Power of Attorney.
-
The balance payment, either of the full purchase amount or an agreed
percentage is payable directly on your return home by transfer to our
UK bank account.
-
Other costs to take into account when buying a property here are
Solicitors fees which are set at £600 UK Sterling for each purchase.
There will also be a standard fee of £3,000 UK to cover purchase taxes
and deed transfer fees, plus our agency fee which is 3% of the
purchase price. Once you have found the right property we will fully
explain the costs associated with that particular purchase and we will
outline the payment schedule in full.
>Back
to Top
|
