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THE BENEFITS OF INVESTING IN PROPERTIES IN TURKEY

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HOW TO ACQUIRE A LUXURIOUS PROPERTY IN TURKYE

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If your dream is to become the owner of a comfortable apartment or a villa with a sea view in Alanya, Antalya, or maybe in Istanbul, a professional team of experts of the Dom u Turskoj agency will help you choose a property that best meets your needs

By:

JOVANA NIKOLIĆ

Photo:

DOM U TURSKOJ

T

he Dom u Turskoj agency, with an office in Alanya, has been successfully selling properties in Turkye’s real estate market since 2015. The Agency’s team is made up of experts from our region with rich experience in the tourism and real property sectors, who have been living in Alanya for a number of years. “Thanks to a unique combination of life experience, thorough knowledge of Turkye and Slavic mentality, we can tell with precision what it is that potential buyers want. We can identify exclusive offers for the diverse needs of our clients: luxurious coast villas in the Antalya region; affordable apartments in residential complexes; functional apartments in business cities; remote houses in picturesque bays; and many other offers. Our advantage is professional cooperation with the best of the construction companies in the region, as well as a comprehensive catalogue of exclusive buildings, which you can find on our social media pages, “says Nana Karaveli, the agency’s General Manager.

What is the procedure for buying real estate in Turkey for foreigners?

— Apart from a valid passport, you do not need any other document to buy property in

Nana Karavelić, General Manager at the Dom u Truskoj agency Turkye. The purchasing process is really simple. The most important thing is to come here and pick the property that you want. Having collected all the necessary documentation, which is a process our agency will lead you through, you have to apply for an appointment in the cadaster office to take over your ownership certificate. Once you get this document, the property will belong to you. According to the legal procedure, a translator speaking your language must be present during your appointment in the cadaster office.

What additional expenses will the client pay?

— The only costs not included in the price are the ownership transfer costs, which the customer pays upon the state commission’s evaluation and which amount to 4% of the property’s estimated value. After that, the utilities will be transferred to your name. Electricity and water bills are paid according to consumption. There are maintenance costs to be paid in every residential complex, depending on amenities offered and the number of apartments in the residence. They usually range between 15 and 50 euros per month, which is an amount that allows you to use all the amenities and services, common premises,

as well as the maintenance and cleaning services, video surveillance, etc. And the last cost on this list is the annual property tax, which amounts to 0.3% of the property’s estimated value.

What are the advantages of buying a property in Turkye?

— One of the major advantages is the price. Property in Turkye is considerably cheaper than in other countries in the region – Croatia, Montenegro, Italy, or Spain. You will need much more money to become the owner of an apartment at the seaside or with a sea view in other countries than you will need in Turkye. Also, the process of purchasing and the transfer of ownership is much simpler and quicker here than it is elsewhere. It only takes two to three weeks to have your property transferred to you. The cost of living is also significantly lower, and the climate is perfect. Alanya, in particular, is an air health resort for patients of all types, a place where mountain air meets sea breeze. Turks are hospitable people who will make you feel at home. Simply put, life in Turkey is so much more relaxed, with less stress.

What types of property do you have on offer?

— We have apartments, houses, and villas on offer. These are mostly modern complexes with additional facilities, such as indoor and outdoor swimming pools, hammams, saunas, gyms, children’s playrooms, parking, etc. Houses and villas are more expensive than apartments. They are usually located on the outskirts of town and have lovely sea views. We offer apartments still under construction, to be bought directly from the building companies, and also completed or used apartments. For apartments under construction, there is an option to pay in instalments – half of the sum is paid right away, and the other half can be paid in three or four monthly instalments, without interest, upon completion of the project.

Do your clients buy the property for vacation purposes or with the intention of living in Turkye?

— Before, it was mostly for vacation or rental purposes. Our agency also offers these services. Clients can, if interested, use our agency’s services to rent their property. As of late, we are seeing an increasing number of people relocating here, which is not surprising, considering lower living costs and the fact that Alanya avails of 322 sunny days per year and that the bathing season lasts all year around.

The purchase of apartments under construction is also possible in installments without interest

CONTACT Turkey Kestel mahallesi İsa Küçülmez caddesi, No:39/A www.domuturskoj.com · info@domuturskoj.com Office Alanya: +905550608556, +90 552 039 63 90, +90 549 518 13 20, +905318854267, +90 536 408 46 61, Office Mersin: +90 552 766 22 07, +905017109502

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