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Property Abroad - Property for Sale in Turkey Search our comprehensive list of properties for sale across the world aimed at providing you with a simple way of searching for property for sale worldwide. We have featured properties across the world in many countries including Turkey, Bulgaria, Spain, France and Italy. |
Additional Costs InvolvedSolicitor: £150.00: The solicitors charge is set by the Turkish law society).This is paid directly to the solicitor on the first visit when contracts are drawn. Notary: £50.00-£60.00: If you wish to give power of attorney this is done through a Notary. Translator: £100.00: we would advise that customers use an official court sworn translator when the contracts are drawn up and at the transfer of title deeds. The charge includes the use of the translator at all times that they are required. Deeds Transfer Tax (Buyers Tax) (Tapu): This is 1.5% of the cost price declared on the title deed which may be different to the purchase price of the property. The Builder or owner of the property will also pay 1.5% Council (Municipality) Tax: £140.00: This is for the property to be registered and map referenced, similar to land registry in the UK Government Tax: £100.00: An administration charge to the government for performing the Military checks. These are compulsory for all foreigners buying any property in Turkey. Electricity/Water Connection Charge: £300.00: This is a standard charge for the services to be connected and transferred to the customers name when the purchase is complete. This charge may vary slightly for different areas. On a resale property the charge is less than for a new property and again is dependant upon the area. Agency Commission Charge: 3% of the value of the property. This is a standard price charged by all estate agents and is payable once the contracts have been drawn up. It is usually paid at the time of the first installment of the payment schedule. Earthquake Insurance: It is now compulsory for all foreigners who purchase property to obtain earthquake insurance. The cost is dependant on the type and location of the property but can be anywhere between £30.00-£100.00. We would also recommend our customers obtain buildings and contents insurance also. All of the costs as outlined above are compulsory and in addition to the agreed purchase price of the property you wish to buy. Some of the charges are payable at the time the contracts are drawn and some at the completion when the title deeds are transferred to the new owner. We will prepare you an individual payments schedule to show when all charges are due. |
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