Investors

Emlo had been become well known in sector via its various construction projects realized in Istanbul and Ankara. Emlo had been become well known in sector via its various construction projects realized in Istanbul and Ankara.

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.

If the Turkish EU application is successful then internal demand for quality accommodation in the best locations will be even greater. Turkey has a large and fast expanding tourist industry that looks set to continue to grow. Creating even more demand for quality accommodation - ideal for off-plan property investors.

With its wonderful climate, charming towns and villages, golden beaches, wealth of history and friendly, hospitable people, Turkey is becoming increasingly popular for foreigners buying homes in the Mediterranean. Property prices in Turkey are very competitive and all indications show that Turkish property will appreciate rapidly with the introduction of more flights, mortgages as well as a more mature EU application.

The area around Dalaman is particularly popular amongst Turkey property investors as the Turkish government is improving the tourism infrastructure in an attempt to make this area one of Turkey’s top tourist attractions. This investment includes the expansion of Dalaman airport, the building of three marinas and the area’s first golf course.

As this investment program is only in its early stages, property prices have not yet reacted. This is certainly an area of great potential to property investors. The Turkish economy is very strong with 5.5% GDP growth in 2005.

Stunning beaches and climate make it a very popular holiday destination Turkish summers are a lot longer than many other EU destinations offering more hours of sunshine per annum Turkey has a huge population of 70+ million. This creates a strong internal property market meaning investors are not reliant on international investors for resale.

Over 25 million tourists visit Turkey each year boosting the property market and creating strong buy-to-let possibilities Low cost of living and long summers make it a favorite retirement spot for the Europeans Turkey considered a highly dynamic country by the World Trade organization.


Sales

Online Service, Emlo has established a system providing 24 hours online communication with its customers, which is a first in Turkey. Online Service, Emlo has established a system providing 24 hours online communication with its customers, which is a first in Turkey.

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.

Delicia Homes 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), Delicia Homes 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.