2. TURKEY Overview Of Turkey
Population: 70 million
Land Area: 769,630 km
Capital City: Ankara
Currency: Lire
Language: Turkish
Politics and Culture
• Democratic state and member of NATO
• Turkey is governed by the Justice & Development
Party (AK)
Tourism
• The Prime Minister is Recep Tayyip Erdogan
• Liberal Islamic culture (One of the first countries • Southern Turkey has a warm climate all year round
to give women the political vote)
• Flights from UK & Ireland just one hour longer than
• Secular & social state that allows complete
flying to Southern Spain
freedom to worship any religious faith
• Turkey offers excellent leisure and cultural tourism
• Turkey has officially started talks for full
• Increased government investment in tourist
membership of the EU (confirmed October 05)
infrastructure
• 'Turkey's prospects for EU accession • Turkish government is allocating money for
look decidedly rosy" improvements to infrastructure (Airports, golf courses,
- Oxford Business Group amenities, roads, etc)
• More than 100 new golf courses to be built in the next
Economy 4 years
• In 2005 tourism in Turkey grew 20 percent, with 21
Amongst the world's fastest growing economies million foreign tourists visiting the country
- GDP 7.2% in 2004 (In comparison to EU - www.zaman.com
average 2.3%) One of the world's top ten countries for generating
"Turkey on its way to becoming a tiger economy" tourism revenue ($13bn in 2004)
- World Tourism Organisation
- International Monetary Fund
Declining unemployment and rising average wages Rich Cultural Heritage; many archeological sites to visit
- Oxford Business Group including the Mausoleum of Halicarnassus in Bodrum and
the Temple of Artemis at Ephesus, two of the Seven
• Interest rates forecast to fall to 11 % in next 12 months, Ancient
reducing cost of borrowing by 23% wonders of the world.
• EU Budget allocation of €300m in 2005 and €500m for 2006
Concerted government campaign to promote Turkey as a
with a further allocation of €1 bn scheduled between 2007 - 201 3
tourist destination:
(Source www.europa.eu.int - EU portal website)
- 2005 Champions League Final held in Istanbul
Bank lending in Turkey to radically improve with - Turkey now hosts 'Formula 1' Racing
many leading European banks now acquiring Turkish
banks i.e. HSBC, BNP ( France), Rabobank (Holland)
Visa & entry conditions
& Fortis (Belgium)
• 3 month-tourist visa issued at the airport on
arrival and costs £10
• Foreigners do need to apply for a work
permit and the process can take up to 2 months
3. Food and Shopping
Overview Of Turkey
• Turkish fruit and vegetables much fresher than in the UK
Security
• Large supermarket chains now present in towns and resorts in
• Turkey is regarded as very safe with crime rates far lower
Turkey than most European countries, including the UK
• Resorts and Towns have a superb choice of meat and fish
• In tourist resorts it pays to be wary of pick-pockets, but
restaurants property crime is extremely rare
Local health care Language
• Best to use private medical care in Turkey as most staff speak First language is Turkish, but on the tourist resorts
English English, German and Dutch is widely spoken
• Many people from the UK now travel to Turkey for private
healthcare treatment Media/Communications
• Private healthcare has a good reputation and is much cheaper • One English-language daily (The Turkish Daily News) plus
than in UK international newspapers from UK and Europe
• For people living abroad, private health insurance is available • Satellite TV (including SKY) is available
from UK-based companies such as BUPA
• Easy to set up land phone lines & there are several mobile
phone companies in operation
The Purchase process in Turkey
Purchasing Process
Buying a property in Turkey is no more difficult
than buying a property in the UK or any other EU
country. Provided that you have appointed a
recommended English speaking lawyer to act on
Power of attorney is given at the Turkish Notary Public. Passports are
your behalf from the start, then your purchase
translated into Turkish and than the power of attorney is made up. As
should proceed smoothly. Here is a breakdown of
the power of attorney is in Turkish, there is always an official oath /
what is involved in buying a property in Turkey.
sworn translator present to translate the power of attorney into English.
1. Reservation deposit When clients are not present in Turkey to organise a power of attorney,
A reservation deposit is taken, normally for £2000 the lawyer can send it by post. Clients will need to go with this power of
or €3000. This takes the property off the market attorney to a solicitor or a notary in their country of origin and sign. The
and freezes the price of the property. power of attorney must be stamped at the Commonwealth office. The
power of attorney is then sent back to Turkey and is translated into
Turkish at the Notary Public by an official oath / sworn translator.
2. Appointing an independent lawyer
The best way of appointing a lawyer is to have 4. Title deed and building licence checks to be made
one recommended to you by a friend. If this is not by your independent lawyer
possible, Dream Homes Worldwide can
recommend you an independent lawyer if The necessary checks to be made are:
required.
- Title deed of plot is free of debts and other charges
3.Power of Attorney to your lawyer - Title deed of property is free of debts and other charges
You can decide on how much power of attorney - The property is a freehold property and can be purchased by a
you would like to give to your lawyer. Some prefer foreigner
to be in Turkey for the whole process, whereas - The current ownership of the property at the land registry
others prefer their lawyer to complete all the - The builder has all the necessary planning permissions and building
transactions on their behalf. Power of attorney licences
can be given for
- signing the private purchase contract
- Opening a bank account
- Connecting to water, electric and phone
4. 5. Private purchase contract
(maximum 4 weeks from reservation) 9. Transfer Of Titile Deeds (Tapu) Purchasing Process
If the title deeds are clear then your lawyer makes up a draft of the Once military approval has been granted and the last
contract between the buyer and vendor / builder. This contract payment or full amount has been paid to the vendor /
mentions all the details of the property; from delivery date to builder, the title deed transfer takes place at the
technical specification, payment terms and any special Property Registry Department. Both the buyer (or legal
adjustments to be made to the property. representative with power of attorney) and the vendor /
builder needs to be present for exchanging of signaand
This draft is made up in both Turkish and English. The draft of the title deeds to be placed in your name.
contract is then sent to you. If the terms and conditions are
agreed, the lawyer will then confirm approval for the signing of the
contract. Any amendments can also be made until both parties
are satisfied.
6. Payment of the first instalment
If clients have their own bank account already in Turkey, or have
given their lawyer a power of attorney to open one up, the first
instalment is sent from their own account to the vendor / builder
on the day of signing the contract.
If no Turkish account has been set up, then the first instalment
should be sent to your lawyers client account, not to the vendor /
builder direct. From here, it is transferred to the vendor / builder
on the day of contract signing.
All other stage payments right through until completion can be
made through your lawyer's client account or directly to the
builders account.
7. Military approval by the Turkish government
Your lawyer will need to send details of the property purchase to
the Turkish government military approval. This is to check that the
property is not located in a restricted zone for property.
The council of Ministers is authorised to determine specific zones
to be preserved such as lands which have strategic importance in
terms of agriculture, energy, history, mining, cultural, flora and
fauna and national security. Foreign nationals and foreign Now Just Lean Back
companies will not be able to purchase property in these specially
preserved zones.
and
Enjoy The Sun !!
8. Independent surveyor (optional)
From the second payment until the last payment of the property
are due, you have the option to hire an independent surveyor at a
cost of 150 -300€ for a full report on the property you have
purchased. On receipt of a positive report, you can safely proceed
with your payments.
5. Printable Property Details
ROSE GARDEN COMPLEX ,Property in Akbuk Ref: ADH-363
Overview: Our new development, Akbuk Rose Garden Complex, This exclusive new development will be built
on 4.400 sqm plot close to Akbuk centre and only 600m from sea front. The complex will have detached villas
with private pool, private gardens and parking area. One and two bedrom apartments and three bedroom
duplexes. There will be two pool and pool bar also 24hr security. Most of the properties will have stunning sea
and mountain views. Building stars Sept 2012 and completion is may 2013. Building and finish will be to a high
standard and top quality kitchens and bathrooms will be fitted. If you are looking for a perfect property in a
stunning location book your viewing trip today. Prices starts from 39k, payment plans available. ...
Location: Located in stunning resort Akbuk, only 600m from sea front. View Larger Map ...
http://www.altinkumdreamhomes.co.uk/PrintableBrochure.aspx?PropertyId=363[01.08.2012 14:18:55]
6. Printable Property Details
▪ PVC double glazed ▪ Light fittings in all bedrooms
▪ Ceiling spotlights in lounge / kitchen
windows and hallways
▪ Smooth plaster finish on ▪ Fully tiled bathroom ▪ Tiles on all floors
all interior walls
▪ American style metal ▪ All Internal Electric Points and Switches ▪ Marble Stairs
front door
▪ Double Glazing PVC
▪ Fully Fitted Kitchens ▪ Fully Fitted Bathrooms
Windows & Terrace Doors
▪ T.V / Satellite Points ▪ Telephone Points ▪ Fully Decorated Throughout
▪ Swimming Pool ▪ Communal pool with child section ▪ Cafe & Shop (poolside)
▪ Materials used throug hout the construction are ▪ Building guarentee on
▪ 24 hour security
TSE (Turkish Standart Institute) construction
No Type Floor Bedroom Bathroom Total Sqm. Price
A1 Apartment Ground 1 1 65 39000
A2 Apartment Ground 1 1 65 39000
A3 Apartment Ground 2 1 85 52000
A4 Apartment Ground 2 1 85 SOLD
A5 Duplex First+Top 3 1 110 SOLD
A6 Duplex First+Top 3 1 110 RESERVED
A7 Duplex First+Top 3 1 110 72000
http://www.altinkumdreamhomes.co.uk/PrintableBrochure.aspx?PropertyId=363[01.08.2012 14:18:55]
8. Printable Property Details
OLIVE GARDEN APARTMENTS ,Property in Akbuk Ref: ADH-5
Overview: This popular development consisting of 14 two bedroom aprtments and 14 three bedroom
penthouses.Is due for complition july 2008.Fantastic location only 100 metres from sea with pine forest
backdrop....The site is fully complete and key ready, with all paperwork and documents in place to ensure you
have peace of mind and nothing but the long term enjoyment of your purchase. Prices are exceptionally
competitive, considering the location and views. Olive Gardens is truly the only hassle free, problem free,
absolutely safe investment choice if you are looking to invest in Turkey. ...
Location: Olive Garden Apartments located in Akbuk, the complex is only 100 metres from sea front. ...
http://www.altinkumdreamhomes.co.uk/PrintableBrochure.aspx?PropertyId=5[01.08.2012 14:19:47]
9. Printable Property Details
▪ Double locking steel exterior
▪ PVC double glazed windows ▪ Fully tiled bathroom
security doors
▪ Double Glazing PVC
▪ Marble Stairs ▪ Fully Fitted Kitchens
Windows & Terrace Doors
▪ T.V / Satellite Points ▪ Telephone Points ▪ Jacuzzi
▪ Swimming Pool with ▪ Communal pool with child
▪ Barbecue
child section section
▪ 24 hour security ▪ Communal car parking ▪ Fully Decorated Throughout
▪ Materials used throug hout the construction are ▪ Light fittings in all ▪ Ceiling coving in all
TSE (Turkish Standart Institute) bedrooms and hallways bedrooms and halls
▪ American style metal front
▪ Smooth plaster finish on all interior walls ▪ Tiles on all floors
door
No Type Floor Bedroom Bathroom Total Sqm. Price
1 Apartment Ground 2 1 85 49000
2 Apartment Ground 2 1 85 52000
3 Duplex First+Top 3 2 121 69000
4 Duplex First+Top 3 2 121 72000
http://www.altinkumdreamhomes.co.uk/PrintableBrochure.aspx?PropertyId=5[01.08.2012 14:19:47]
10. Printable Property Details
TURQUOUSE COURT ,Property in Akbuk Ref: ADH-222
Overview: LIMITED SPECIAL OFFER !!! 3 BEDROOM DUPLEX TURQUOISE COURT IS 52.000 . PRICES
REDUCED FROM 60.000... SAVE (OFFER EXTENTED) Exclusive new development with stunning sea views,
this complex has range of 3 bed ground + first floor duplexes and 3 bed third + top floor penthouses. It is in the
picturesque town of Akbuk, only around 20 minutes drive from Altinkum. It is a completed delevopment and
ready to move. Akbuk has plenty of shops, restaurants and bars, plus lots of facilities to keep everyone
entertained, including parks, watersports, a beautiful blue flag beach, small fun fair, etc. Or you can just sit in a
traditional cafe watching the fishermen as they go about their daily business. Turquoise Court has a mixture of
detached villas, one bedroom apartments and 3 bed duplex/penthouses. These properties all come with luxury
fittings, including designer kitchens and bathrooms. There is a large pool on this small complex. Every property
in this complex has unbelievable sea views, ...
Location: This complex situated in akbuk, less than 10 min walk to sea front. ...
http://www.altinkumdreamhomes.co.uk/PrintableBrochure.aspx?PropertyId=222[01.08.2012 14:20:24]
11. Printable Property Details
▪ Light fittings in all bedrooms and ▪ Ceiling coving in all bedrooms and
▪ PVC double glazed windows
hallways halls
▪ Smooth plaster finish on all ▪ Fully tiled bathroom ▪ Tiles on all floors
interior walls
▪ American style metal front door ▪ All Internal Electric Points and ▪ Marble Stairs
Switches
▪ Double Glazing PVC Windows &
▪ Fully Fitted Kitchens ▪ Fully Fitted Bathrooms
Terrace Doors
▪ T.V / Satellite Points ▪ Telephone Points ▪ Electric immersion water heater
▪ Communal pool with child
▪ Fully Decorated Throughout ▪ Communal car parking
section
▪ Cafe & Shop (poolside) ▪ 24 hour security ▪ Building guarentee on construction
No Type Floor Bedroom Bathroom Total Sqm. Price
A1 Duplex Ground+First 3 2 105 52000
http://www.altinkumdreamhomes.co.uk/PrintableBrochure.aspx?PropertyId=222[01.08.2012 14:20:24]
12. Largest Marina in Aegean
As the exciting plans for the 287,000 m2 marina were released, it was announced that three About Marina
Government ministers will attend an offical ground-breaking ceremony at the site, between Third
Beach and the Parlementerler Sitesi, this Thursday (Feb 22) at 11 am.
The layout of Didim D-Marina, which is scheduled to be open in summer 2009, reveals for the first
time the extent of a new 'hub of life' on the 70 acre site.
The marina will have a yacht club, heliport for the rich and famous to land helicopters direct on the
site, a capacity for 623 berthed yachts and 600 yachts in dry dock, a yacht lift for 300 and 100 tonnes,
and a swimming pool.
The marina will serve mainly yachts of 75 - 150 metres long, such as mega-yachts which are
increasingly in popularity on the Aegean and east Mediterranean seaboard.
There will be also shopping centre, supermarkets, yacht equipment shops, a fitness centre and a
sports facilities, banks, a petrol station, restaurants and a cultural centre.
The marina will also crucially have ferryboat management for cruises to the Greek islands of
Kalimnos, Kos and Leros, as well a customs post, pot authority facilities, a passport control unit.
Didim D-Marina is being built on a build-operate-transfer for 25 years by Doğuş Group, one of
Turkey's leading construction companies.
Inspection Trip
At Altinkum Dream Homes we offer inspection trips for clients wanting to purchase property these include ;
Free Airport Transfer
Free Accomodation
All you have to do is book your flight, if you purchase from us we will refund flight costs. So you have nothing to lose there will be no pressure to buy.
An inspection trip usually lasts 3-4 days. Our English speaking airport transfer team will pick you up from the airport and take your accomodation.
Next morning after breakfast the English speaking professional sales team will pick you up from your accommodation and take you to the office. In the office
you will be provided with information on the type of property you require . The sales team will take you to the places you want to see.
Second day you will be following up to see the rest of the selected properties and sit down with our sales team to eliminate the properties and choose the one
that matching all your crtierias.
If you decide on that day to make a purchase, you can pay for the deposit (£1000 and £1200 for the legal fees"solicitor, nottery, translator, water - electric
connections") the same day either by cash, or debit/credit cards.
The next day our team will take you to the our English speaking solicitor to prepare your sales agreement to be signed by both buyer and seller.
During the inspection trip the after sales service team can take you to choose all your funiture, white goods and curtains.
Looking forward to seeing you soon to make your dream a reality !
About Us
We are a fully licenced estate agency, and can help you find the home of your dreams in Altinkum with a wide range of properties to suit all
budgets. Our aim is to make purchasing a property in Turkey an exciting and enjoyable experience.All our staff are english speaking and
experienced in all aspects of buying in Turkey also we offer top quality after sales service all year round.
Altınkum is fast growing family - friendly resort with beautiful beaches and a new marina is due for completion april 2009.
Property prices in Altınkum represent excellent value for money,starting as low as £15,000 for a one bedroom property.So now is an excellent
time to buy.
We offer you year round inspection trips so you can come and see for yourself what Altinkum has to offer.
We are waiting your call there are no strangers here only friends you've yet to meet....
Address: Altinkum Dream Homes
Camlik Mah. Uc Me sim Cad. no.23/1
Altinkum / Didim / AYDIN
TURKEY
Phone / Fax : +90 256 8135212 Altinkum
Mobile : +90 530 240 2415 / +90 507 220 9175 Dream Homes
Email : info@altinkumdreamhomes.co.uk www.altinkumdreamhomes.co.uk
