Why not come on a hassle free inspection trip and visit our projects. We will arrange your accommodationIt is important to know why Turkey is such an attractive place to buy and an ideal investment for anyone who takes the plunge. Listed here are the main reasons why we think this is an ideal opportunity for anyone interesting in buying a home abroad.
• The Turkish property market is witnessing the early stages of a massive boom triggered off by an important change in the law relating to the ownership of property by foreigners. This change only took place at the start of 2003 and property values have been rising ever since.
• Other Mediterranean countries are now becoming more and more expensive and therefore the focus is now switching towards Turkey.
• The main Mediterranean property developers have now started taking a keen interest in land and property purchase in Turkey as they seek to gain a head start on their competitors and snatch up as much land as possible.
• The Turkish economy is generally attracting a huge amount of foreign interest and investment from overseas as the Turkish government seek to align the laws and policies with the rest of Europe in anticipation of full EU membership in the near future.
• The above point is further proven due to Tesco having just purchased a large supermarket chain over in Turkey and five Turkish banks have recently been brought over by the likes of HSBC and Citibank. The big European car manufacturers are also now building large manufacturing facilities here and this has made the boom in property prices increase.
Although the Turkish legal system is very different from the English, we try to make the whole process as swift and hassle free as possible. When you deal with us, you deal direct with the developer. We don’t have any hidden charges and you don’t pay any commissions. In other words, the price you see is the price you pay.
Before you commit yourself to purchase the property, we always advice to go on an inspection trip and see everything with your own eyes. We will be happy to help you find a suitable flight, pick you up from the airport and show you around the area and properties. For more information, visit the inspection trip section of our website.
When it comes to actually make the purchase, the whole process in buying a property with Deep Blue can be done in five simple steps:
Step 1: The Contract
Once you decide to buy a property and happy with all the conditions, the property sales agreement will be drawn. The payment plan will be agreed before the contract is drawn. The contract is in English and easy to understand.
Step 2: Legal Advice
We strongly recommend you to have a legal representative when you commit yourself to buy a property. If you don’t have a solicitor, we can recommend you to one, although you can chose to appoint any solicitor you want. The solicitor will do all the checks regarding the contract and the company and will be present during the signing of the contract. He/she can explain all the points included in the contract and procedures of purchasing the property. Having instructed a solicitor to handle the purchase, you have the reassurance that all important aspects will be covered. He/she will make sure that if you buy one of our properties all the following will be checked;
The title of the property is checked.
The person or a company selling the property actually owns it.
Whether there are any charges on the property.
Where applicable, that building licences and permissions are in order.
The terms and conditions stipulated by the seller are checked for fairness.
Step 3: Title Deeds (TAPU)
Once the sale agreement has been drawn and the buyer & seller have signed it, the new title deeds (tapu) will be applied for by the solicitor. The title deeds office will send the passports and title deeds to Izmir for the military check. This military check is only to determine that the area the property is in, is not within a certain kilometre radius from a Turkish military base (this could take approximately 3 months). The whole process will take between 3-4 month
The title deeds will then be transferred into your name, which is signed in the presence of the notary. You can either attend the signing in person or appoint your solicitor as power of attorney to attend on your behalf for the fees and taxes to be paid or the title to be registered with the government land registry.
Step 4: After Sales
From the point you sign the contract, our after sales team will take over. We will be keeping you up-to-date with the news and developments of your property. You can follow the construction process via our website, the link is here. All you have to do is keep up the payments if you are on the stage payment.
Step 5: Completion
Near the completion, we will advice and notify you about the completion date and when the final payment should be made. On the completion, we will deliver you the keys. You can move in and enjoy the magic of Turkey from your own little place in paradise.
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