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Frequently Asked Questions

CAN I BUY A PROPERTY IN MY NAME? 
Yes, you can buy a property in your name. Since 2002 the law has changed giving British citizens the right to buy property and the title deeds in their own name, or a number of people can purchase property in their names e.g partners or investment partners.

How Do I Pay For It?
The funds for the purchase should be transferred into the country through a Turkish bank and specifically identified for that purpose. The foreign currency should be sufficient to cover both the purchase cost plus other costs relevant to the purchase. A recent decree aimed at aligning Turkey's currency laws with the EU states that importation of foreign currency is free, it cannot be subject to any legislation and it's origins cannot be questioned. Decree 32, August 1989 Article 4.0.

Are there extra costs?
Buyers tax: Approximately 1.5% of the sale agreement price.
Government tax: Approximately £100 / € 148
Community tax: £8 / € 12 paid yearly for local services.
Property tax : Approximately % 0,5 of property price, paid yearly.
Water & electricity connection fee: Approximately £250 / € 370, which is a one off payment
Earthquake Insurance: Depends on property price and location.(required by law) If property is bought in a complex: 
There is an average maintenance charge.
Currently, some local councils are requiring an authorised high detailed map of the property location which typically costs £150 - £300
When purchasing property, the buyer will be responsible for paying the water and electricity connection fee.

What about ongoing costs?
Property tax, paid annually at a fixed percent of the declared value, (on a new home a 25% reduction is given until the revaluation conducted after the first five years).
Gas is normally used for cooking and can also be used for water heating. Cylinder refills cost approximately £10.00 and last approximately a month for water heating and two months for cooking (a deposit is taken for each gas cylinder).
Electricity is cheap approximately £0.05p a kilowatt. Bills are payable monthly at a local bank or directly at the Turkish Electricity Board.
Water costs approximately £0.40p per ton (1,000 litres on mains supply) or £3.00 per ton when bought from a bulk tanker.
Site maintenance, groups of houses, particularly developments, will form a management service, committee or company to maintain common facilities - common gardens, repainting, etc.
The cost of this will vary from development to development, but generally starts at around £150.00 per annum. Their conduct is governed by Turkish law.

Can I rent my property?
Rental income is liable for tax assessment in either the UK or Turkey and will be payable depending on the personal situation.

What about furnishing my new home?
Furniture is generally cheap, and can be custom made by local craftsmen if required. It is possible to buy in most towns at very competitive rates, with a wide range of goods. Electrical items are less expensive than in England. Towels and linen are cheaper than Europe, however, household goods are extremely cheap and can be purchased at the local markets. Check out the following web sites to give you an idea.

How Long Can You Expect To Wait For The Delivery Of Our Furniture?
If in stock you will get your goods delivered on the same day, if not in stock you may wait a few days for the delivery.

What About Communications?
Telephones are applied for at the Turk Telekom and connected the next day, depending on availability in your area. There is a small line rental payable annually approximately £12.00. Lines are generally good and Internet access easy and well serviced. Most UK papers arrive the next day, there is a national daily newspaper printed in English, the Turkish Daily News. A short-wave radio is useful to pick up the BBC World service. Television reception is good and if you subscribe to Digiturk Satellite system you receive 52 channels including MGM, Movie Max 1&2, BBC Prime, Discovery Channel, Euro sport, CNN world news, etc.

There are large European communities living in Turkey full time, plus many transitory people living on boats in the harbours for months at a time. During the winter months there are many social occasions arranged such as book swaps, walks and BBQ's.

Can We Open A Bank Account In Turkey?
Yes All you require to open a bank account is your passport.

Who Inherits Our Property If One Of Us Dies?
According to Turkish law, the property automatically goes to the next of kin. To make amendments to the title deeds legal assistance is required.

If I sell my property can I take the proceeds back to the UK?
Yes - you have a legal right to take any proceeds back to the UK

Is Turkey Safe?
 Turkey is a very safe country. The crime rate is very low and currently stands at 3% 

What about Schools and Colleges?
If you are a resident in Turkey your children can attend local government schools or private schools. The private schools are international, accommodating pupils from all over the world. Both types of schools offer a good standard of education.  

Can I take my dog/cat with me?
Yes -  but you must have a pet passport and vet documents

What about the general cost of living?
You will find most items more than 50% cheaper than the U.K. Fresh produce is great value for money. Electrical items are the most expensive.

What about Healthcare Standards and Costs?
Standards are generally very good. All foreigners have to pay for medical treatment. You can purchase a Health Insurance plan in Turkey for up to 55 years of age. Furthermore there are reciprocal private health plans available in the UK which are accepted in private hospitals in Turkey

Courtesy of Turkey4life

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