Property Altinkum Turkey
Property Market in Altinkum -Frequently Asked Questions
I would like to purchase a property in Altinkum Turkey, so what should I do?
Contact us and we will offer advice and arrange viewings. We will keep you constantly updated on the purchase process and hold your hand every step of the way.
Are there many British people purchasing properties in Altinkum?
Yes there are many British people buying property in Altinkum. After the February 2002. Amendment in the constitution, allowing foreigners to purchase properties in Turkey was signed; the number of the British people buying property in Turkey has increased a lot. The main reason for this inclination is because the property prices in Turkey are at least ten times cheaper than the prices in UK. Moreover the climate, friendly people and the lovely culture are the other assets of Turkey.
If I purchase a property in Altinkum, do I have to come to Turkey many times? If you purchase through Altinkum Properties4u, You would normally only need to come over to Turkey once.
Will it be a good investment to buy a property in Turkey?
Potentially, purchasing a property in Turkey is a great investment opportunity because prices are much
cheaper than the prices in Europe. Also Turkey is about to access to EU in few years. After this happens, we
anticipate that prices wil increase
Am I allowed to buy more than one property in Turkey?
Yes, you are allowed to buy as much properties as you want. There is no limit .
What is the average cost of a property in Turkey?
The price of the property depends on many different factors such as location of the house. But we would say that generally the prices are from £24000 for an apartment to £50000 for a villa.
If I buy a property in Turkey, will this give me any citizenship or any citizenship right?
This does not give you any citizenship right or immediate citizenship. A residency visa is required, should you wish to stay in the country for a long period of time.
If I have my own property in Turkey, how many times am I allowed to come to Turkey in a year?
You may come to Turkey, as many times as you like…there is no limit. However On entering the country, you will pay ten pounds for a three-month visa.
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What are the advantages of buying a property in Turkey rather than Spain or somewhere else?
The prices of the properties in Turkey are much cheaper than the prices in all Europe. Moreover the cost of living in Turkey is extremely cheap.
What are the best times to come over? What is the weather like in winter?
The season in most parts of the holiday resorts begins in May and finishes in November so these times are the best to come over to Turkey. In these months sun shines all the time. In winter the climate is much warmer than Europe but it may rain heavily and frequently.
Are the medical services good in Turkey?
Will I be able to get exactly the same services as I get at home?
There are no NHS hospitals in Turkey. We have both government and privately owned hospitals. The private
Hospitals are generally 40% cheaper than their European counterparts, and the medical services are good with one to one patient care. You can also have private health insurance in Turkey.
Are the properties in Turkey freehold or leasehold? All the properties we sell are freehold properties.As I can't speak Turkish, will I be able to understand everything or how will I communicate?
Throughout the legal process on purchasing a property, we will arrange a qualified and certified sworn translator.
to ensure that you have a complete understanding of the legal process and have a peace of mind. As for the daily conversations, we have an Altinkum based UK Citizen available to you every step of the way. Can we take our money back if we sell our property? Yes certainly. If you sell your property in Turkey, you can take your money back to UK without any problem.
What are the tax implications for owning a house?
There are some taxes that you have to pay in Turkey. The first one is buyers property tax. This is only the
1.5% of the whole price written on the title deed certificate. Apart from this, we have community tax which is
paid twice a year but this very minimal like 30 pound a year. Do I have to pay any money if I own property in a complex? There is an annual charge for apartments in a complex for maintenance of the pool, security and regular maintenance. This would be about 100 pound up to 250 pound a year.
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What voltage is the electricity?
It is 220 voltages in Turkey. Do houses have gas? In the resort calor-gas is available for heating and cooking.
Is the tap water drinkable?
In most of the holiday resorts we recommend you not drink tap water. You would better use bottled water
which is available everywhere and very cheap to buy.
Can we install satellite TV?
Yes this is very common in Turkey. By means of satellite, you can watch many British channels.
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Can we have phone?
Yes, phone bills are paid monthly.
Can I have a bank account in Turkey?
Yes, you can open bank accounts in Turkey.Your passport will be required for this transaction. Also cash machines are available everywhere in Turkey. The HSBC Bank is now everywhere in Turkey and it is very easy to transfer money.
What about insurance?
There are plenty of companies offering property insurance and we can guide you to find the best insurance company if required. We would like to view property, how can we arrange this? As mentioned in our web site, we will arrange a pickup from the airport and Hotels if required. Just email or call our UK number to arrange.
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Which nationalities are allowed to purchase a property in Turkey?
COUNRIES WHICH HAVE FULL RECIPROCITY WITH TURKEY IN TERMS OF REAL ESTATE ACQUISITION
1. ANDORRA
2. ARGENTINA
3. AUSTRALIA
4. AUSTRIA
5. BAHAMAS
6. BAHRAIN
7. BANGLADESH
8. BARBADOS
8. BELGIUM
9. BELIZE
10. BENIN
11. BOLIVIA
12. BOSNIA-HERZEGOVINA
13. BOSTWANA
14. BRAZIL
15. CAMEROON
16. CANADA
17. CAPE-VERDE
18. CENTRAL AFRICAN
REPUBLIC
19. CHILE
20. COLOMBIA
21. COSTA RICA
22. COTE D'IVOIRE
23. CROATIA
24. DENMARK
25. ECUADOR
26. EL SALVADOR
27. ENGLAND
28. ESTONIA
29. FINLAND
30. FRANCE
31. GABON
32. GERMANY
33. GHANA
34. GUINEA
35. GRENADA
36. GUATEMALA
37. GUYANA
38. HAITI
39. HONDURAS
40. HUNGARY
41. IRELAND
42. ISRAEL
43. ITALY
44. JAMAICA
45. JAPAN
46. KOREA,SOUTH
47. LATVIA
48. LIECHTENSTEIN
49. LITHUANIA
50. LUXEMBOURG
51. MALAWI
52. MALAYSIA
53. MALI
54. MALTA
55. MAURITANIA
56. MAURITIUS
57. MEXICO
58. MONACO
59. MOZAMBIQUE
60. NETHERLANDS
61. NEW ZEALAND
62. NICARAGUA
63. NIGERIA
64. NORWAY
65. PANAMA
66. PARAGUAY
67. PERU
68. PHILIPPINES
69. POLAND
70. PORTUGAL
71. SAN MARINO
72. SENEGAL
73. SINGAPORE
74. SOMALIA
75. SOUTH AFRICAN
REPUBLIC
76. SRI LANKA
77. SPAIN
78. SWAZILAND
79. SWEDEN
81. SWITZERLAND
82. TANZANIA
83. THE REPUBLIC OF
DOMINIC
84. TURKISH REPUBLIC OF
NORTHERN CYPRUS
85. UNITED STATES OF
AMERICA
86. URUGUAY
87. VENEZUELA
88. YUGOSLAVIA
COUNTRIES WHICH DO NOT HAVE RECIPROCITY WITH TURKEY IN TERMS OF REAL ESTATE ACQUISITION
1. AFGHANISTAN
2. ALGERIA
3. ARMENIA
4. BURMA
5. CAMBODIA
6. CUBA
7. CZECH REPUBLIC
8. ERITREA
9. ETHIOPIA
10. FIJI
11. ICELAND
12. INDIA
13. INDONESIA
14. IRAQ
15. KOREA,NORTH
16. KUWAIT
17. LAOS
18. LIBYA
19. MALDIVES
20. MONGOLIA
21. NEPAL
22. NIGER
23. OMAN
24. PAPUA NEW GUINEA
25. QATAR
26. SAUDI ARABIA
27. SUDAN
28. SURINAME
29. THAILAND
30. TUNISIA
31. UNITED ARAB EMIRATES
32. VIETNAM
33. YEMEN
COUNRIES WHICH HAVE RECIPROCITY WITH TURKEY IN TERMS OF ONLY BUILDING ACQUISITION
1-AZERBAIJAN
2-BELARUS
3-CHAD
4-CHINA
5-EGYPT
6-GEORGIA
7-IRAN
8-JORDAN
9-KAZAKHISTAN
10-KENYA
11-KYRGIZISTAN
12-MACEDONIA
13-MOLDOVIA
14-MOROCCO
15-NAMIBIA
16-ROMANIA
17-RUSSIAN FEDERATION
18-SLOVAKIA
19-SLOVENIA
20-TAJIKISTAN
21-TURKMENISTAN
22-UGANDA
23-UKRAIN
24-UZBEKISTAN
COUNTRIES THE CITIZENS OF WHICH CAN ACQUIRE REAL ESTATE IN TURKEY WITH PERMISSION OF MINISTRY
OF INTERIOR AND MINISTRY OF FOREIGN AFFAIRS.
1- DJIBOUTI
2- LEBANON
3- PAKISTAN
4- TOGO
5- TRINIDAD AND TOBAGO
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