Buyer’s Guide

Are you one of Turkey lovers? And maybe you are considering of buying a property in Turkey. So we, BODRUM WHITE Real Estate give you a free buyer guide that will grant you all the details you need during buying process.

Who can invest in Turkey?
Foreign investment in Turkish properties has been popular for decades but it has been on the rise in recent years. There are three types of foreign property owners in Turkey. Perhaps the most popular is the holiday home owner, those who have found a destination in Turkey that they have fallen in love with and so choose to buy a villa or an apartment with the intention of being able to visit more often and without the costs of accommodation.

The second is property purchased by expatriates, retirees who choose to live a more simple and cost effective life in a country that provides warm weather and good health care.

Finally, the market is often dipped into by investment buyers, business owners and developers who purchase land or properties to renovate, rent out or provide as a holiday accommodation as a business.

Why you should invest in Turkey?
Turkish properties have been prevalent for decades but it has been on the rise in recent years. There are three sorts of remote property proprietors in Turkey. Maybe the foremost prevalent is the occasion domestic proprietor, those who have found a goal in Turkey that they have fallen in adore with and so select to purchase a estate or an flat with the purposeful of being able to visit more regularly and without the costs of convenience.

The second is properties obtained by exiles, retirees who select to live a more straightforward and fetched compelling life in a nation that gives warm climate and great wellbeing care.

At long last, the showcase is frequently plunged into by venture buyers, trade proprietors and designers who buy arrive or properties to remodel, lease out or give as a occasion settlement as a trade.

About foreigner property ownership in Turkey:
The recent changes in rules governing property ownership now means most foreign buyers can own property in Turkey. The ‘reciprocity principle’ means foreigners can purchase freehold land and property in their own names in Turkey providing that Turkish citizens are allowed to buy freehold land and property in the purchaser’s country of origin or residence. This includes most of Europe and the Middle East

Our services:

• Legal advice
• Real estate investment consultancy  
• Property Management
• Home insurance advice
• Investment management  
• Financial service consultancy  
• Furnishing & decorating solutions  
• Resell and rent your property
• Pre-purchase services (Open a bank account, get a tax number..)

Buying process:
As a real estate consultancy your decision is important for us to secure the buying strategy.

You will sign an agreement with the developer. You pay the down installment specified by the project developer for the property in case. In 14 days you have the right to change your mind and take back your whole advance payment.

Your international ids will be deciphered into Turkish for legitimate purposes. Passport pictures are required for the TAPU (Title Deed) and used for your utilities.

Final checks
Government approval after signing the contract, it can take up to 4 weeks to complete the bargain. It is prudent to form all vital checks, counting title check, municipality check, and military clearances to form beyond any doubt for everything to go without any problem. This is to urge government authorization for you to purchase.

Title Deed in Turkey

Living in Turkey 

An increasing number of people from various parts of the world are moving to Turkey to start a new life, to work, or even to find peace of mind for their retirements. The country has developed dramatically in the last fourteen years, and the pace of progress in certain fields is nothing short of astonishing.

With its unique geographical location combined with a rich and diverse history, right in the cradle of many different civilizations, Turkey is a privileged place to live for expatriates and their families.

Many of Turkey’s new residents hail from countries like the UK, Germany, Ireland, Denmark, the Netherlands, Norway, Austria, Belgium, France, USA, as well as several of the Gulf countries. Thanks to the amendments in Turkey’s property law that lifted the reciprocity principle, foreign homebuyers and investors are now free to purchase any property in Turkey.

From flats in urban centers to villas in suburbs, there are a multitude of options to choose from when looking for housing in Turkey. Major metropolitan areas have the most modern and complete environment for an extravagant life in the city, where luxurious residence complexes offer all the daily amenities such as private security, kindergartens, sports complexes, social facilities, parking lots, and shopping malls for their residents.

Foreigners wishing to work or reside in Turkey are obliged to file an application to the relevant Turkish authorities with required documents in order to obtain a work or residence permit. The methods and principles concerning work permits to be issued to foreigners that will be employed in Turkey vary by the relevant sector, such as education, housekeeping services, health services, tourism, aviation, entertainment, and others, as well as with respect to foreign direct investments, special foreign direct investments, professional services, and liaison offices. Meanwhile, residence permits are issued to foreigners mainly based on ownership status of real estate or on the intention to run a business or establish commercial connections in Turkey. Source(invest.gov.tr)

The transportation – easy Access 

Easy Access 

Framework in Turkey makes great utilize of the country’s profoundly created framework. With more than 50 airplane terminals over the nation, one can fly from one city to another in Turkey in less than an hour in most occurrences. An broad organize of double carriageways and interstates makes it exceptionally simple to drive from your domestic to any major city in Turkey. The high-speed prepare organize, in the interim, has been moving forward quickly within the final decade; the 14 biggest cities of Turkey are anticipated to be interconnected with high-speed prepare lines by 2023, the centennial of establishment of the Republic of Turkey.

Education in Turkey

The education system of Turkey underwent serious reforms in the last decade. Most apparent are the now compulsory twelve-year education and the dramatic increase in the number of schools and other educational institutions. Many private and foundation schools, in addition to public schools, offer education services. Moreover, international schools, where only pupils holding a foreign passport can attend, are present throughout the country. While schools providing education in European languages such as English, German, French, and Italian are available, there are other institutions where languages such as Russian, Japanese, and Chinese are taught as well.

Health tourism in Turkey

The healthcare system in Turkey mainly operates with three different types of hospitals: public, university, and private. While social and health securities are governed in essence by the state, it is also possible to have private health insurance. The majority of hospitals in Turkey, both public and private, are either meeting or surpassing international standards in equipment quality and expertise. Source(invest.gov.tr)

If you are an investor searching for overseas property investment opportunities or if your are thinking to buy your own property in Turkey, we, Bodrum White team, will call you and discuss how to invest in Turkey.