Currently, over 50 thousand properties, both commercial and residential, in 75 localities in Turkey belong to foreign nationals from 64 countries, including Russia. Popularity of the Turkish real estate is easily explained: a wonderful climate, excellent transportation access, the lack of visa problems, low prices per square meter with a high quality construction, moderate taxes. These are the five main advantages of Turkey for property buyers.

Many Russians choose resorts in Turkey for the annual holiday. But not all of our visitors know about the capabilities of the Turkish real estate market. Apartments in new complex with swimming pools, located on the first-second line from the sea in Antalya or Alanya, cost about 1000 euro / sq. m. In walking distance from the sea can buy apartments at 700-800 euro / sq. m. This is a ready-made or built complexes with a turnkey finish, with air conditioning, fitted kitchen, fitted bathrooms. When buying property in Turkey is required to pay tax 3% and a small stamp and notary fees. Annual real estate tax ranges from 0,1 to 0,3% of its value.

Legislation

In the past few years, Turkish law has undergone several changes to the acquisition of real estate by foreigners. To date, against the Russians has a "reciprocity principle", according to which our citizens can freely buy property in Turkey (except unimproved land - there are no other impediments to private investors legislation does not repairing). To competently possess it, Russians do not need to register a legal person, to work or to create jobs, improve economic condition of the country, not necessarily to invest large sums in its economy, is not required to pass a long procedure to obtain residence permit, in addition, there is no restriction on the value type or quantity of the acquired objects to one person, no complications arise and the means of payment.

Buying Procedure

Procedure of buying property in Turkey next. The customer selects the proposals in Moscow, is convinced of the advisability of purchasing facilities in Turkey and sent to the place to get acquainted with them. On arrival company representatives show him the options, pre-agreed with the agency that accompany the transaction. Having made the choice, the buyer signs a preliminary contract and makes a deposit on the basis of the preliminary contract and personal documents received long-term visa, the existence of which is mandatory for registration of property rights.

In the preliminary contract the parties reflect the procedure: if the object is in the building, possible payment by installments, if the object is ready, it usually requires full payment for the registration of real estate sales contract. Ownership, recorded contract of sale, register at Companies House and the State Land Cadastre. As already mentioned, when entering into ownership, shall pay a tax of 3%, notary and stamp duty (within 300 euros). Upon the sale of real estate developer real estate agency does not charge commission - in this case it pays for services and construction company, whose projects are realtors to promote Russia's market.

Mortgage Lending

Law on Mortgage enacted in Turkey March 6, 2007. Until this spring, mortgages for Turkish citizens and foreigners lacking. Now on the market there has been some excitement due to future effective demand. In most cases, after the adoption of laws required three or four months to make them work. Foreigners expected to issue loans for a period of three months to ten years. Rates are 7.8% per annum for loans in Euro and 8,4% for dollar loans.

In reality, despite the adoption of the law, most banks do not know how to use it. Finansbank Management replied that the works on the project, representatives of Garanti Bank said that the rules and lending practices would be adopted by year's end, with HSBC want to use the system of mortgage lending, but not yet ready for it; in Akbank, one of the most conservative banks consider that the law is imperfect.

However, not all that bad. In Deniz Bank already make loans to foreigners. To do this they must submit the following documents: passport of the buyer (certified translation), Tapu (proof of ownership of the seller), Ikanet tezkeresi - a residence permit (the order of its receipt for the Russians is the same as when buying real estate - in the Police Department at presentation of the contract, a copy of Tapu and photos), the taxpayer registration number (issued by the tax police in Turkey), Yapi ruhsati - permission to build a building (that is, to prove that the building was built by legal means), Iskan - Russia's equivalent technical passport for an apartment, help, supporting income, translated into Turkish, and having a bank account in this bank.

Deniz Bank ready to lend to foreigners to purchase property in Turkey to pay 50% of the borrower's own funds. Unfinished facility has not yet credited. The procedure for approval of loan is similar to European counterparts: it requires a mandatory evaluation of the bank, which resulted after considering the documents of the borrower issuing credit. This property, purchased on credit, must be insured.

Where to buy?

The main advantage of the coast of Turkey - a huge selection of markedly different from each other resorts. In Kemer - wooded mountains in Alanya - magnificent sandy beaches. Someone more like turquoise bay area Bodrum, and someone - Turkish palm paradise Mersin. Everyone who is vacationing in Turkey, there are preferences, which he guided the choice of real estate. However, apart from personal emotions should take into account the objective features of cities and resorts.

Greatest demand today enjoys Antalya - recognized capital of the Turkish Riviera - primarily because of its excellent transport accessibility. Aircraft from Russia and Europe fly to Antalya all year round. Real estate here is different attractive prices (the cost of apartments - from 35 thousand euros) and the good dynamics of their growth. However, one should take into account the important factor: Antalya - a large city, bustling and sometimes catches up with hectic pace of Moscow. If the purchase of property is committed with the purpose of investment, then, of course, the liquidity of housing in Antalya is high enough, since it is in demand among foreigners, and at the Turk. Besides beaches, water parks, ancient streets, which need not say too many words, in Antalya beautiful parks.

If the purpose of acquiring real estate - to combine a profitable investment, peaceful rest, you should pay attention to Alanya. Up to one hour from the resort of Antalya, which scares some tourists, but the roads in Turkey are good, traffic jams do not happen to them, with the advantages of Alanya is more than covered by this shortcoming, as the distance from the airport. Due to its location is special microclimate: a few degrees warmer in the off season and less hot in the summer heat.

The former base of pirate ships Alanya still preserved historical monuments of the ancient years. The most popular beach, where, according to legend, bathed Cleopatra, named after the great Egyptian queen.

In Alanya wide range of apartments in new buildings that have become wealthy Turks, Europeans, and, of course, our compatriots. Prices in Alanya lower than in Antalya. Ready luxury apartments in the complex with all the necessary infrastructure can be purchased at the price of 1000 euro / sq. m. At a distance walking distance there are options for 700 euro / sq. m.

Speaking of apartments, it should be noted, and not so well-known Turkish resorts, where the investment potential of the investment is not less great: for example, in Mersin apartments on the first line in the complex with its water park, fitness center and many other pleasant things are sold at a price of 600 euros / square. m.

The town of Mersin, the center of the province of Icel, located in southern Turkey, on the east coast of the Mediterranean Sea, surrounded by lands of refined. More recently there is practically never met tourists from Europe and the CIS and the rest only to local residents and visitors from across the country by the Turks.

In Turkey, there is no shortage of beautiful places, but in Mersin sense of peace and unity with nature, a sort of special. And it just felt the first travelers who came here with the aim of sightseeing. From the influx of summer visitors Mersin just won. In his beautiful, large, comfortable seaport moor trade, passenger ships, boats, yachts. Opening of the new port created the preconditions for the rapid development of the city. As almost the entire territory of Turkey, Mersin comfortable, solid, high-rise hotels and well-equipped beaches side by side with historical objects, which are in the embrace of civilization seem especially improbable: so deeply they are rooted in antiquity.

Apart from the other regions should Kemer. The specificity of the place determines the direction of the real estate market: it is allowed only low-rise construction, and offer for sale mainly related and individual houses in the comfortable small complex with a closed territory. Prices for these range from 150 to 350 thousand euros, depending on location, distance from the sea and space. The resort area of Kemer is famous for its variety of landscapes: mountain ranges, Hongxia; pine forests, approached the shoreline; cozy quiet coves, beautiful sand and pebble beaches and crystal clear sea striking blue. So, if the idea of a comfortable accommodation for someone incompatible with the notion of an apartment, you should pay attention to the area of Kemer, where the magnificent resort combined with the investment opportunities provided by the good choice of villas.

Every year, have become increasingly popular resorts in Turkey, located on the Aegean and Marmara Sea, especially Bodrum, with its long coastline, cozy coves and pebble beaches. He even received a second name - Saint-Tropez. It is more expensive, while more elite and prestigious resort, so property prices are higher than in the Mediterranean Youth coast. Average cost ranges from 1,5 to 2 euros / sq. m - very competitive prices for the European market, as Bodrum truly European spa. This is evidenced by the fact that the property is purchased, many stars of show business, political and business elite from around the world.

Thus, buying property in Turkey - a great opportunity to summer holidays and investment, and for very reasonable money. Considering the recent legislative changes aimed at the development of mortgage lending, we should expect a sharp increase in demand, and hence the rise in prices on the Turkish real estate.