Emlo | Mediterranean Residential Projects | Dalaman | Sarigerme | Dalyan | Gocek

Sales And Price :
Buying Property in Turkey is a lot easier than many other European countries. Foreigners may purchase land and property in Turkey in their own names if the properties are not inside military zones or within/on government land. Emlo provide a purchase contract for the buyer and will detail. Any independent solicitor can check all stages. Also in the contract will be agreed price and, possibly, technical specifications. Contract for off-plan purchases also contain other details, such as the payment schedule, the date of completion, a schedule of works and any guarantees. Our land registry specialist will then take the buyer/s passport to a notary for translation. This is a necessity for the security and property location checks mentioned above. The translation takes no more than an hour after which the passports returned to the buyer. Once the Land Registry Office has approved the application (it takes 2-3 months for the security and property location checks to made and approved), Emlo will sign over the deed of the property to the buyer (assuming all outstanding payments have received). The costs of buying a property in Turkey are lower than the UK, but you should allow for about 3-5% of the purchase price. The main costs include a transfer tax of 3% based on the declared value of the property.

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Investors :
The World Trade Organization considers Turkey to be one of the most dynamic countries in Europe. It is widely regarded that now is the ideal time to invest into the Turkish property market. Turkey has started the process of joining the EU, which traditionally makes a huge difference to any property market. Property in Turkey also has an extra appeal to investors: with a huge Turkish population of around 70 million, there is massive demand for property from within Turkey so the market is not very reliant on foreign investment. | read more.