A LUXURY THAT PAYS OFF

REAL ESTATE INVESTMENT

If Turkey is one of your favorite tourist destinations, maybe it's the right time to consider buying a property in Istanbul or in one of the beautiful resorts in the Antalya region. All information on prices, taxes, and safe shopping can be obtained from the company Trust United Ltd, which operates in our market

By:

JOVANA NIKOLIĆ

Photo:

TRUST UNITED LTD.

Alanya Trust United Ltd. Çarşı Mh.Damlataş Cd. No:63/C Alanya, Turkey, +381 66 51 81 142 info@trust-united.com tijana@trust-united.com www.trust-united.com

M

ore than 300 sunny days a year, an apartment with a sea or mountain view, low tax rates, and better real estate prices than in other Mediterranean countries are just some of the reasons why many have decided to invest in buying real estate in Turkey in recent years. This trend has been present for a long time throughout Europe, and is becoming more prevalent in our country, thanks to the Turkish company Trust United Real Estate & Construction, based in Alanya, which operates in the Balkans and was recently presented to visitors of the International Tourism Fair in Belgrade.

Trust United Ltd. was founded in 2004 and is actively involved in buying and selling real estate in Alanya and surrounding cities, Side, Belek, Antalya, and Istanbul in Turkey, as well as in the Turkish part of Cyprus. In addition to direct sales, the company provides its clients with all other services necessary in the process of buying and selling real estate, such as insurance, bookkeeping, aftersales, and legal services. The company has been offering properties in Turkey for sale on European markets for a long time, such as Sweden, Finland, Norway, Denmark, the Netherlands, Belgium, England, and Russia, and in recent years they have been doing more and more business with clients from Balkan countries, including Serbia. They have been actively participating in fairs across Europe since 2006, and their experienced team of professionals, led by director Durmus Özgen, is available to all poten-

tial buyers 24/7. Tijana Arsić, our interlocutor, is in charge of communication with our market’s clients.

How appealing is the offer of purchasing real estate in Turkey to Serbian citizens, and what are the benefits of owning real estate on the Turkish coast compared to, say, other Mediterranean countries?

— There has been a lot of interest in the last few years, primarily because buying real estate in Turkey gives you much more luxury than is possible in any other surrounding country. Apart from the favorable prices of the real estate itself, real estate taxes are very low (between 10 and 30 euros), as is the average consumer basket. Although Serbian residents do not require a visa to enter Turkey, and as announced, it will soon be possible only with an ID card, buying a property comes with a residence permit for the entire family. When we add to this over 300 sunny days per year and an average temperature of 15 degrees, we have the ideal location for investing or living.

What types of apartments do you have available, and what kinds of amenities do those residential complexes include?

— The offer we have is really diverse, starting from apartments that are several years old, fully equipped with furniture and ready to move into, to apartments that are under construction, with an equipped kitchen and bathroom. Each of the complexes contains an indoor and outdoor pool, a sauna, a gym, a children’s playground, and other facilities, which give you the feeling of living in a hotel.

What is the pricing range for real estate?

— Prices range from 55,000 euros for apartments in buildings that are about a kilometer from the sea, up to 250,000 euros or more, for buildings on the first line to the sea.

What are the needed documents and what does the procedure look like when a foreigner buys real estate in Turkey?

— The apartment can be bought only on the basis of a passport of any nationality. The most important thing is to choose a property that suits the buyer. Everything else is up to our agency, starting from submitting the documentation for obtaining the title deed, through insurance, to the residence permit and everything else necessary for living in Turkey.

For how long and how can the investment pay off if someone buys an apartment in which, say, they will stay only during the summer vacation?

— You can return the money invested in the property within some 12 years if it is rented on a monthly basis. Rental prices range from 500 euros and up.

Durmus Özgen, Director

Tijana Arsić, Sales Manager for the Balkans

Interest-free payment for 24 months

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