Can I buy a house or land in Turkey? Yes. In Turkey foreigners can own land and houses. So you don’t have to worry about dubious time share constructions or multiple owners. The moment you’ve received the title deed proof of property (Tapu) and signed it, you’re the official owner of the property. home

Who can buy real estate in Turkey? Citizens and commercial corporate entities of the countries with which reciprocity agreements have been signed and companies established in line with Foreign Direct Investment Turkish Property Law: Law No. 4875 in Turkey, may purchase real estate in Turkey provided that the property is not located in military and security zones. Countries with which reciprocity agreements regarding real estate acquisition have been signed are: Andorra, Argentina, Australia, Austria, Bahamas, Bangladesh, Barbados, Belgium, Belize, Benin, Bolivia, Bosnia-Herzegovina, Botswana, Brazil, Cameroon, Canada, Central African Republic, Chile, Costa Rica, Cote D'Ivoire, Croatia, Denmark, Dominican Republic, Ecuador, El Salvador, Estonia, Finland, France, Gabon, Germany, Ghana, Grenada, Guatemala, Guinea, Guyana, Haiti, Honduras, Hungary, Ireland, Israel, Italy, Jamaica, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malawi, Malaysia, Mali, Malta, Mauritius, Mexico, Monaco, Moritania, Mozambique, Netherlands, New Zealand, Nicaragua, Nigeria, Norway, Panama, Paraguay, Peru, Philippines, Poland, Portugal, San Marino, Senegal, Serbia and Montenegro, Singapore, Somalia, South Africa, South Korea, Spain, Sri Lanka, Swaziland, Tanzania, Turkish Republic of Northern Cyprus, United Kingdom, Uruguay, USA, Venezuela. Countries whose citizens can buy a building but not land, in Turkey Azerbaijan, Bahrein, Belarus, Chad, China, Egypt, Georgia, Iran, Jordan, Kazakhstan, Kenya, Kyrgyz Republic, Macedonia, Moldova, Morocco, Namibia, Romania, Russian Federation, Slovenia, Tajikistan, Turkmenistan, Uganda, Ukraine, Uzbekistan. home

What is the legal framework for property ownership? The Constitution, the relevant provisions of the Civil Code, the Title Deed Act, the Foreign Direct Investment Law and the relevant legislation form the legal framework which enables foreign people or corporate entities to buy real estate in Turkey. home

Are Turkish citizens and foreigners treated differently? According to the legal framework mentioned above, both Turkish citizens and foreign owners have equal property-ownership rights. We receive a lot of questions regarding the news that 'foreigners are no longer allowed to purchase property in Turkey'. Turkish property law I.REAL ESTATE ACQUISITION OF FOREIGN REAL PERSONS IN TURKEY Real estate acquisition of foreign real and legal persons has been regulated in the article 35 of the Land Registry Law numbered 2644 with law numbered 5444 and dated December 12,2005 which was established in the Official Gazette of 26046 numbered and dated January 7,2006. New fundamental principles was regulate with this new law for acquisition real estate of foreign real persons and and trade companies having legal personality and established in foreign countries according to the laws of these countries in Turkey. New form of the article 35 of the Land registry Law is as follows: “With the reservation of reciprocity and compliance with legal restrictions, foreign real person can acquire real estates for the purposes of using as residence or business aims in Turkey that are separated and registered for these purposes in the implemented development plans or localized development plans. The same conditions shall be stipulated in the establishment of limited real rights on real estates. The total area of the real estates and limited real rights on real estates that a real person of foreign nationality can acquire all over the country can not exceed 25.000 m2. Within the same conditions set out in this paragraph Council of Ministers is authorized to increase the area up to 30 hectares. Companies having legal personality established in foreign countries according to the laws of these countries can acquire real estates and limited real rights on real estates in Turkey according to the provisions of special laws. In case of establishing mortgage in Turkey in favor of foreign real persons and trading companies having legal personality established in foreign countries according to the laws of these countries the conditions and restrictions set out in first and second paragraphs shall not be applied. With the exception of foreign real persons and trading companies having legal personality established in foreign countries according to the laws of these countries, no one can acquire real estates and limited real rights on real estates in Turkey. For the real estates acquired through legal inheritance by citizens of a country that have reciprocity with Republic of Turkey, the conditions and restrictions set out in the first paragraph shall not be applied. For the real estates acquisition by means of transactions depending on death apart from legal inheritance, the conditions and restrictions set out in the above paragraphs shall be applied. Real estates and limited real rights on real estates acquired through legal inheritance by citizens of countries that do not have reciprocity with Republic of Turkey shall be liquidated after their transfer transactions are performed. De jure and de facto circumstances shall be taken as basis in determination of reciprocity. In implementation of this principle for the citizens of countries that have not granted land ownership rights, it's stipulated that the rights granted by a foreign country for real estate acquisition to its own citizens should also be granted to citizens of the Republic of Turkey. The Council of Ministers is authorized to determine the places where foreign real persons and trading companies having legal personality established in foreign countries according to the laws of these countries can not acquire real estates and limited real rights on real estates within the areas in terms of irrigation, energy, agriculture, mine, and protected areas, and belief and cultural featured areas and special protection areas and touchy areas due to flora and fauna features, strategic areas due to public interests and country security by means of the proposals of relevant public institutions and organizations with registry based coordinated maps and plans, and the rate of the areas where foreign real persons can acquire real estates not more than 5 per thousand according to the provinces and provinces’ areas. Proposals of the public institutions and organizations within these scope shall be examined, appreciated and submitted to the Council of Ministers by means of a commission that carries out studies within the authority set out in this paragraph and constitutes of relevant representatives of administration in the structure of the ministry that General Directorate of Land Registry and Cadastre is related to. Map and coordinate values concerning the military forbidden zones, military and private security zones and strategic zones that are determined after the enforcement of this law and their alterations shall be given without any delay by the Ministry of National Defense to the ministry that General Directorate of Land Registry and Cadastre is related to. The parcels needed to be expropriated or to be annotated on land register due to be in the areas determined in the above paragraphs shall be notified by relevant institutions to relevant Land Registry Offices. The real estates and limited real rights on real estates acquired contrary to the provisions of this article or determination of misuse according to the purpose of acquisition without legal necessity shall be converted to value and paid to owner of unless the real estates liquidated by the owner within the period given by Ministry of Finance.” I.1.RECIPROCITY PRINCIPLE In the new regulation, instead of exact equivalent implementation of reciprocity principle, it's stipulated that the rights given by a foreign country to its own citizens or trade companies having legal personality and established according to its own laws, should also be given to citizens and trade companies of the Republic of Turkey. The Council of Ministers expressed what should be understood from the reciprocity principle in its decision dated May 29, 1940 and numbered 2/13394. According to this decision, in addition to legislative regulation of reciprocity principle, practical applicability of it is also required for its existence. By this decision, in which it's taken into consideration that reciprocity in law will not indicate actual situation, restrictions encountered in a foreign country by the citizens of the Republic of Turkey, in case of their application, are wanted to be taken as a basis in implementation of reciprocity. Therefore, for the existence of reciprocity between our country and a foreign country about real estate acquisition, reciprocity must be both in law and in practice. According to this principle, for real estate acquisition of a foreign country's citizen or trade company in our country, the citizens and trade companies of the Republic of Turkey should also have the right to acquire real estate in this foreign country and this right must be accepted by laws and must be practically applicable. I.2.EXCEPTIONS OF RECIPROCITY PRINCIPLE Although the first condition is reciprocity for real estate acquisition of foreign real persons in our country, reciprocity principle has some exceptions in terms of real persons. These exceptions are as follows: a. Since haymatlos persons have no state citizenship, there isn't any state to decide about reciprocity. For this reason, haymatlos persons are exempted from reciprocity principle. b. According to the article 7/2 of "Convention on Legal Situation of Refugees" dated July 28, 1951 and ratified by Turkey with the law dated August 26, 1961 and numbered 359, the refugees are exempted from reciprocity principle in a country after three years of residence. The refugees in Turkey are also subjected to the same provision. It is enough for refugees to prove this situation with an official document for exemption. c. According to the article 8/E of the Law for Encouragement of Tourism numbered 2634, foreign real and legal persons who want to make investment for tourism objective in Turkey, can acquire real estate by the decision of the Council of Ministers in tourism areas and centers being exempted from reciprocity principle and restrictions formulated for foreigners. I.3.LEGAL RESTRICTIVE PROVISIONS The second condition for real estate acquisition of foreign real persons in our country is to comply with restrictive provisions involved in law. Some restrictions are involved in our laws concerning real estate acquisition of foreigners. These restrictive provisions are as follows: a. According to regulations involved in the Military Forbidden Zones and Security Zones Law numbered 2565 which restricts geographically real estate acquisition of foreigners in our country, it is not possible to sell, transfer and rent real estate located within military forbidden zones and security zones, to foreign real and legal persons. b. According to the article 35 of the Land Registry Law numbered 2644, foreign real persons can not acquire real estate more than 2,5 hectares in our country, however for acquisition up to thirty hectares, decision of the Council of Ministers is required. Legal inheritance is exception of this rule. I.B. REAL ESTATE ACQUISITION OF FOREIGN trade companies having legal personality IN TURKEY Companies having legal personality established in foreign countries according to the laws of these countries can acquire real estates and limited real rights on real estates in Turkey according to the provisions of special laws. Relevant special laws: - Law for Encouragement of Tourism numbered 2634 - Petrolium Law numbered 6326 - Industry Regions Law numbered 4737 In case of establishing mortgage in Turkey in favor of foreign real persons and trading companies having legal personality established in foreign countries according to the laws of these countries the conditions and restrictions set out in first and second paragraphs shall not be applied. With the exception of foreign real persons and trading companies having legal personality established in foreign countries according to the laws of these countries, no one can acquire real estates and limited real rights on real estates in Turkey. I.C.REAL ESTATE ACQUISITION OF FOREIGN CAPITAL COMPANIES The expression of "foreign capital companies" is usually confused with the expression of "foreign company". First of all, it should be stated that "foreign capital companies" are established according to the provisions of the Turkish Trade Law in Turkey and enrolled in Turkish Trade Register. In other words, these countries are subjected to the legal provisions of the Republic of Turkey. Only, the whole or part of their capital belongs to foreign real and legal persons. Availability of foreign shareholders within the company will not include it within the status of foreign legal personality; because nationality of the company and nationality of its shareholders are different matters. The Law for Encouragement of Foreign Capital numbered 6224 and dated January 18, 1954 was repealed by Foreign Direct Investment Law numbered 4875 and dated June 5, 2003 that entered into effect being published in the Official Gazette numbered 25141 and dated June 17, 2003, new provisions were adopted to encourage and increase foreign direct investments, to protect rights of foreign investors, and to transform permission and ratification system to informative systems in realization of foreign investments. With regard to the subject, a circular numbered 1363-100/841 and dated August 7, 2003 was announced to all our units through our regional directorates and it was stated that implementation would be carried out within the framework of the following statements. By the Foreign Direct Investment Law numbered 4875, foreign investors are subjected to equal treatment with domestic investors; permissions and ratifications like investment permissions, company establishment permissions, were removed. Moreover, companies having legal personality that foreign investors participate in or establish, in our country, are allowed to acquire real estate or limited real rights in areas where acquisition of these rights is allowed for Turkish Citizens. Companies established according to the repealed Law numbered 6224 or that will act according to the Law numbered 4875 which is about the activities of foreign capital companies in our country, are considered as companies of the Republic of Turkey, according to criteria of establishment place or administration center. For this reason, real estate acquisition and other demands concerning land register of foreign capital companies that either obtained activity permission according to the repealed Law for Encouragement of Foreign Capital or will act according to the Foreign Direct Investment Law numbered 4875, are concluded by relevant Land Registry Offices implementing the same methods and rules as for companies established according to the Turkish Trade Law, after examining authorization documents given by the Trade Register Authorities that indicate the competent person and competence for real estate acquisition of the company. II.TRANSFER It is free to transfer through banks and private financial institutions, revenue and value of sale earned from real estate and real rights acquired by foreigners with or without exchange of foreign currency. III.AUTHORITY OF APPLICATIONS By the article 26 of the Land Registry Law numbered 2644, the duty and authorization to regulate contracts concerning property and real rights excluding property were given to Land Registry Offices. Foreigners who want to acquire real estate or benefit from real rights apart from property will make their applications to the Land Registry Office where the real estate is located. Detailed information about the subject can be provided from the General Directorate of Land Registry and Cadastre. IV. REQUIRED DOCUMENTS FOR APPLICATION There is no difference between Turkish citizens and foreigners in terms of required documents for application. IV.A. In terms of Real Persons, a. Title deed of the real estate if available, otherwise a document indicating the city block and parcel of the real estate or verbal statement of the owner. b. Identity card or passport of foreigner given by his/her own country and two small photographs. c. If the person applying for demand is representative, a power of attorney of the representative, and identity card with photograph, two small photographs of the representative, and if some of the purchasers are not present during the transaction, identity card with photograph, two small photographs and power of attorney of the representatives that represent the purchasers, are required. IV.B. In terms of Legal Persons a. Companies established according to the Foreign Direct Investment Law numbered 4875 will show competence document given by Turkish Trade Registry, a document given to the person assigned basing on this, and signatures certificate. b. Foreign trading companies established in foreign countries according to their laws are required, in compliance with the legislation of their country, to show a document having the effect of competence document given by relevant authorities. With regard to charges and taxes required to be paid in the course of transactions, there is no difference between persons of foreign nationality and citizens of the Republic of Turkey. However, when asking the competent military post to determine whether the real estate demanded by real or legal person of foreign nationality is located out of Military Forbidden Zones and Security Zones or not, if any control in the field is needed to mark on map of 1/25000 scale where the real estate is, a kind of service value will be paid according to transaction named “showing the parcel in its place.” home

What is the process of buying a house? Once you and We (AS-ER) have agreed on a sale, an application has to be made to the local Land Registry Office (Tapu office). The Land Registry Office performs a search for any restrictions through correspondence with the military authorities in the area. The moment the search is completed, the Land Registry Office transfers the title and issues the new deed. Buying property in Turkey is a lot easier than in many other European countries. Foreigners may purchase land and properties in Turkey in their own names as long as they are located in towns all around Turkey. The acquired property may be resold or rented and the proceeds may be taken out of Turkey. hone

What are the costs of buying a property? In addition to the property purchase cost, you are charged a Real Estate Purchase-and-Acquisition Levy (3%) by the local Title Deeds Registry Office for the transaction to be made. Solicitor costs are between £100 and £300. Sworn Translator fee depends on the number of documents translated, it is generally less than £100. The buyer and seller must each pay a 3% agent's commission. These are standard terms offered by all Turkish estate agents.If you buy from us you don't pay commission cause we are the owner of all the properties that we sell.We are construction&Real estate agency which are direct developer builder firm.So no commission for buying property.We are building our properties ourselves.Enjoy it buying directly from developer. %0 COMMISSION! (Buying procedure approximately £622 (1200€) in addition to the property price) home

Can you build me a house in Turkey? Yes we can!Cause we are building company we are construction company.When you tell us what you are thinking about, we will find you the exact spot(land) then We can build on After confirmation and agreement. When you have chosen your definate piece of land, together with you, we will design your house with our architect, with our engineer after you approve it and we will build for you. We will update you frequently on the construction progress and will not decide anything without your approval. All to ensure you will end up with your Turkish dream home. home

Is your real estate agency acknowledged by any organization? Turkey does not have an umbrella organization like NAEA (National Association of Estate Agents) to uphold standards. So basically anybody can open up a real estate agency. However, agents in Turkey must be registered at the chamber of commerce and have a licence. So a good real estate agent is one that has at least both! If you are not sure about an agent, feel free to ask about the licence or even have it shown. Furthermore the agent should be able to answer all your questions to your full satisfaction and interpret your wishes by finding you just the right property.AS-ER CONSTRUCTION&Real Estate is licenced and we try our very best to meet your requests. You can always contact us if you have more inquiries 24 HOURS IN A DAY! 7 DAYS IN A WEEK. TEL:+905322701603 home

How do I know I can trust you??? We hope we can earn your trust by selecting just the right property for you and meeting your wishes. A hard ball sales person will sell you any property at any cost to get that commission.First of all,We don't take commission from our clients cause we are the owner all the properties that we sell.We are landlords.We are developer.We are investors.We are construction company based in Alanya.We are building on our own plots.We did build more than 300 luxury residences at the Turkish riviera here.Come and see our properties with your own eyes.We offer wide selection of properties to suit all the budgets.Our staffs at your service to help you all the formalities at every stage of purchase in confidence.Buying property from us in Turkey,makes purchasing easy and risk free(%0 risk).So we offer you to buy directly from the developer,directly from the landlord,directly from us with %0 commission.We will just try to find the right house for you. home

What is this 0% commission? Commission is paid to the agent for their services. It includes the whole process of showing you around the area and taking you to different properties and taking care of you and your family during that(/those) day(s), all the way up to the signing of the contract between you and the house owner. However if you buy a home build by AS-ER Cons&Real Estate, we will not charge you that commission. That's a nice little extra to keep in your pocket and celebrate with your family!%O COMMISSION! BUY DIRECTLY FROM THE LANDLORD(DEVELOPER,OWNER)WE ARE LANDLORDS,THE OWNER OF PROPERTIES WE SELL! home

Can I see the property before I decide to buy it? Yes! We highly recommend it. A viewing trip is very important so you have a more lively idea about the property and to see if it is really suited for you. we have free charge of service car and foreign language speaking personals(English,German,Russian,Finnish) All the information about our properties will be given with all details to our clients for full satisfaction! %100 satisfaction! home

What exactly is a viewing trip? A viewing trip means nothing more than comming to Turkey and take a look at the property you've selected from our website or from our e-mail/phone conversations. We will arrange a pick up from the airport if wanted We can arrange accomodation if you'd like. When you've already taken care of transfers/accomodation yourself, just let us know where you are staying so we can pick you up at a pre-arranged date and take you out to view the homes you've selected and let you get familiar with the area. AS-ER CONS&REAL ESTATE offers you GBP £300.- refund on flight/transfer/accomodation(all inclusive) 3-4 days for viewing trips in case of purchase.When you purchase property from us.Your 300 GBP will be paid by our company.And we will not add it over property price. %100 GUARANTEE! home

Are there flights all year round? Throughout the year there are regular direct flights to Antalya International Airport and Transfer from airport is approximately 1 – 1,5 hours to Alanya.We will pick you up from airport with our foreign languages speaking personal. home

Do I need a visa to visit Turkey? TYes. To enter Turkey you need a visa. You can purchase one when you go through customs. home

How long can I stay in Turkey? On a tourist visa you are allowed to stay in Turkey for three months. you don't need resident visa for buying property in Turkey.You need only if you want to buy a car,a telephone on your name...etc home

Can I become a resident? Yes. The process of becoming a resident is not extremely difficult. Required items for a residency permit are your passport, your bank statements and passport photos. More information about applying for residency.All the information will be given you and assist you. home

Will I have to provide any documents when I buy property? Yes you do. A copy will be made from your passport and than be translated into Turkish. The buyer also needs to provide four(4) recent passport photographs home

What about legal issues/lawyers? We work closely with Turkish lawyers regarding property transactions. People wanting to buy property in Turkey can be apprehensive about their choice of lawyer since they are not familiar with either the law firms or, in most cases, the civil law system.AS-ER Estate can put your mind at ease regarding this, by recommending reliable lawyers who will provide a professional and efficient service. Also if you wish, we can act on your behalf, through a Power of Attorney or a written authority, to actually complete the purchase of property on your behalf. In addition to the property purchase cost, you are charged a Real Estate Purchase-and-Acquisition Levy (3%) by the local Title Deeds Registry Office for the transaction to be made. Solicitor costs are between £100 and £300. Sworn Translator fee depends on the number of documents translated, it is generally less than £100. (Buying procedure approximately £622 (1200€) in addition to the property price) home

What about taxes? There are, like in your own country, taxes that need to be paid. When you've decided on the property suited for you, we will provide you with a full overview of taxes that you will encounter. Foreign nationals and Turkish citizens are no different in terms of the taxes or levies charged. Tax rates are updated periodically. The rates as of January 1st 2005 are shown below. Updates and other relevant information can be found at at www.maliye.gov.tr . i) Real Estate Tax: Annual Real Estate Tax rates for cultivated land, uncultivated (for building) land, non-residential buildings, and residential buildings are 0.1%, 0.3%, 0.2%, and 0.1%, respectively.(if the property value for example 100.000YTL,the tax is 100 ytl.Tax is calculated on the basis of the declared value of the asset, which cannot be less than the threshold determined by the tax authorities. Tax payments are made in two equal instalments during the periods of March-May and November each year and are collected by local government authorities. The tax base is updated annually by a coefficient determined by the Ministry of Finance, taking into account the inflation rate. However, Real Estate Tax rates for properties in the following provinces (metropolitan areas) are twice the normal rates stated above.: Adana,Ankara,Antalya,Bursa,Diyarbakir,Erzurum,Eskisehir,G.Antep,Icel,Istanbul, Izmir,Kayseri,Kocaeli,Konya,Samsun... ii) Real Estate Sale-and-Acquisition Levy: Both buyer and seller have to pay a Real Estate Sale-and-Acquisition Levy of 1.5%, based on the declared value of the asset. This is collected by the Local Title Deeds Registry Office at the time of the selling/buying transaction. For the registration of a new building constructed on land, a levy of 1.5% based on the reference value of the asset must be paid. In the case of the acquisition of sea-side, river-side and lake-side properties which are subject to special permission, an acquisition levy of 126% must be paid. iii) Inheritance and Succession Tax: The tax base is updated annually. There are some discounts for legacies to daughters, sons and spouses. In the case of spouse and children, YTL 75,719 is deducted from the tax base of each person. In the case of a spouse with no children, the deduction from the tax base is YTL 151,526. In the case of succession without reciprocity the amount deducted is YTL 1,748. As of 1st January 2005 the applicable tax base and rates are as follows: Tax Base (Value of Asset, in YTL) Inheritance Tax Rate Succession Tax Rate (No Reciprocity) First 120,000 1% 10% Next 260,000 3% 15% Next 550,000 5% 20% Next 1,100,000 7% 25% Amounts exceeding 2,030,000 10% 30% iv) Environmental Services Tax (EST): Local water suppliers charge an EST of 0.12 YTL per one m3 of water used to residences. It varies between 12 YTL and 1,400 YTL per year for other building classifications. The rates for metropolitan cities, however, are 25% higher than the normal rates. These figures are updated annually. The rate of EST will be reflected in your water bill. v) Motor Vehicle Tax: Depending on the cylindrical volume of the engine and date of production of the vehicle, vehicle owners have to pay an annual tax ranging between YTL 22.00 and YTL 22,240.00 (For Automobiles, it is from YTL 22 to 667 but for aircraft, it is from YTL 2,668 to YTL 22,240) vi) Corporate Tax: Corporate entities have to pay a tax of 30% of their previous year's profits. vii) VAT: The general VAT rate is 18%. However, some specific goods and services are taxed at either 1% or 8%. viii) Special Consumption Tax (SCT): Levied on luxury goods and those goods which have an effect on the environment, security or health, including: • Fuels, industrial oils, petroleum products and petro-chemicals, • Motor vehicles and sea vehicles, • Beverages and products with tobacco • A number of goods including caviar, perfumes, some make-up/cosmetic products, printed materials, some electrical and electronic devices ix) Stamp Tax: There is a wide range of transactions on which a Stamp Tax is charged. Some important items and the corresponding rates are depicted below: Contracts with monetary clauses: 0.75% of the value stated Tenancy Contracts: 0.15% of the rental fee PLCs and LTD contracts: 0.50% of the value stated Wages: 0.60% of the wage Advance Payment Receipts: 0.60% of the value stated x) Personal Income Tax: The Personal Income Tax rate is updated by a Council of Ministers' Decree every year. The main taxable personal income items are commercial income, agricultural income, wages, self-employment revenues, rent, interest and other incomes. Personal income tax rates on wages for the year 2005 are shown in the table below. Cumulative Income in YTL Income Tax Lower Limit Upper Limit 0 6,600 20% 6,600 15,000 25% 15,000 30,000 30% 30,000 78,000 35% 78,000 - 40% However, Personal Income Tax on wages for each slice of the above tax base is 5 percentage points lower than the percentages shown in the above table. xi) Minimum wage: In the year 2005, the minimum gross wage for 30 days is 488.7 YTL for employees aged 16 or more (The cost to the employer is YTL 593.77).The minimum wage is applied nation-wide and reviewed periodically. xii) Social insurance: In accordance with Turkish social security laws, the self-employed and farmers, employees and civil servants have to register to Bag-Kur, SSK, and Emekli Sandigi, respectively. These are compulsory schemes. Contribution rates for these schemes range between 35% and 40% of the contribution base. The main risks covered by these schemes are old-age, disability/invalidity, health, maternity, mortality, being orphaned or widowed, unemployment (for the employed). The minimum retirement age for new entrants is 58/60 (F/M). xiii) Earthquake Insurance: Property must be insured by the owner against earthquake risks. It is compulsory and a national uniform tariff is implemented. xiv) Motorists Insurance: If you possess a car, you are obliged to obtain Motorists (traffic) Insurance. The cost of the policy depends on the cylindrical volume of the engine and the production date of the vehicle. The vendor and the agent or solicitor to whom Power of Attorney has been given will also have to provide documents of their own. home

What is a Title Deed? A title deed (“Tapu Senedi” in Turkish.) is an official document which shows you have ownership rights over the property. The owner's full name and photograph, and detailed information about the property appear on this document. Furthermore, you may request any restriction to be placed on the real estate while it belongs to you. In that case, the restriction is also shown on the document. Declaration of the acquisition According to current legislation, the owner of a property has to declare the acquisition to the municipality by the end of December in the year the acquisition takes place. This is for tax purposes. Real Estate Tax for the property in the year of acquisition is paid by the vendor where as the consecutive years' taxes are paid by the buyer (new owner). Companies buying property Companies established in Turkey by foreign nationals (FDI companies) are subject neither to military check/approval, nor any area/size limitation. This is the same as for companies owned by Turkish citizens. Commercial companies established in countries with which reciprocity agreements have been made, have a longer procedure to follow. Their application to the local Title Deeds Office is forwarded to the General Directorate of Title Deeds (Tapu ve Kadastro Genel Müdürlügü (TKGM) in Turkish), the parent organization. Then, TKGM double checks the application with the Ministry of Foreign Affairs, to learn if the purchase is allowed under bilateral international agreements. When the Ministry has confirmed this, the company becomes eligible to buy the property. In order to apply to the Title Deeds Registry Office, Companies established in Turkey in line with the Foreign Direct Investment Law have to issue an authorisation document prepared by the Commercial Registry Office on their behalf. This document principally covers the name/title of the company, the names of the authorized representatives, and whether the type/legal status of the business allows the property purchase. Commercial companies established in countries with which reciprocity agreements have been made, have to submit an officially stamped authorisation document. If any power of attorney is to take place, then two recent passport photos of the agent and an acceptable Power of Attorney are required. home

What are extra costs I should keep in mind? after having the title deed and living in your home.There is extra charge for each month 29£(which will be paid for door keeper,apartment security man,sauna,cleaning the apartments..etc) home

How do I pay for the property? We will have contract between you and us all the details and payment details will be written on it.You can pay GBP,Euro,Dollar,Turkish lira how you wish. In the rule you would do a down payment of 10-20 % of the total purchase price.The rest of it when the tapu(title deed) ready for transfer to your own name is paid. Following the down payment the payment plans differ by every client. AS-ER ESTATE will go over every financial detail with you so everything will be clear and there will be no surprises later. home

Are there extra services like during the time I’m not in living there? Electricity, natural gas, telephone and water utilities are billed monthly, quarterly or semi-annually depending on the supplier. cleaning, renovation, gardening,Electricity, gas, water, telephone and heating etc.Can you help me for utility bills(Electricity,gas,telephone,water,..etc)If i m not there,can you pay it? -YES! home

Can I rent out my house during the time I’m not living in Turkey? Yes you can. We can mediate in renting out your property. Help you set up rental agreements, keeping an availability calendar and promote your property. However AS-ER ESTATE cannot be held responsible for any damages that may occur while your property is rented out nor can we be held responsible for not having your property fully booked all year through home

I bought a house through your agency, but I am not happy with it, now what? This never happened before.But Unfortunately this could happen. At AS-ER we will go the extra mile to make sure you are happy with your new purchased home.We will do our best to please you and solve the problem immediately as a as-er construction&real estate company. If for whatever reason you are not happy, please let us know immediately so we can take the appropriate action(s). home

Do you give a building guarantee? Yes we do. On all our property we give a ten year building guarantee. home

What about earthquakes,other disasters(flood,landslide,fire,storm,explosion,burglary,glass breakage...etc? Turkey has fault lines in some areas and therefore minor earthquakes do happen. Buildings that have been constructed during the last four years are all built to withstand earthquakes. When you buy property you will be obliged to get earthquake insurance. You must also do DASK insurance.This is government earthquake insurance (DASK) which is added on to the private policies.The packages below do not include DASK. DASK Price is calculated as : € 0.15# square meter of the property. If the property is 100 sqm, € 15 is added on top of the any packages below. All of the rates mentioned here are approximate values, please note that insurance costs are variable. home

Can i make insurance the property(Will i have insurance)? -Yes. There is many insurance company which has full insurance packages including fire, flood, explosion, storm, landslide, burglary, earthquake, glass breakage, etc. according to the value of the property. Will you help me to insure my property?-Yes!How much it cost approximately? The cost of insurance,according to the value of the property, home

	EURO	EURO	EURO	EURO
VALUE OF PROPERTY	70.000€	70.000€	70.000€	70.000€
VALUE OF FURNITURE	5.000€	10.000€	15.000€	20.000€
VALUE OF GLASS	450€	450€	450€	450€
Cost of the Insurance	110€	130€	145€	160€

£57GBP approximately