Tolerance Homes - Investment for the future in
Turkey
Property Buying Process
Buying a property abroad in a foreign country, with the
legal process in a different language can be a daunting and frightening
experience. It is a huge financial undertaking that may only happen a few
times in a lifetime but one that is an excellent future investment.
When a decision has been made by you to buy your dream
home in the sun, Tolerance Homes Co. will provide a comprehensive hassle
free service from the very start, which will be designed to give you a full
overview of the property buying process.
Our property portfolio provides detailed descriptions
of all new and resale properties. All the properties have been personally
inspected by us and we provide a guarantee to take full responsibility
for the features described, including the prices .
Tolerance Homes offers properties that suit every
budget.Our team will help you with all the formalities at every stage of the
buying process, which has become far more simpler in Turkey than most
other countries in the last few years.
There are no restrictions in transferring your property
proceeds from Turkey to your own home country.There is complete freedom of
international capital transfers.
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A deposit of approx. 3000 - 5000 Euros will be
required after a sales contract has been agreed and signed. If
necessary the total amount of 10 % of the sale price has to be paid when
you return to your home country.
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You will be required to give a copy of your passport
and 2 passport size photographs for us to start the official procedures.
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Copies of your passport, Title Deeds and all the other official paperwork
showing the location of the property will be sent to the Army Headquarters
in Izmir, to ensure the property is not in a military zone. This process
could take up to 6-8 weeks.
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You are required to obtain a Tax Number and also set
up a Bank Account for the Transfer of purchase funds, arranging payment of
utility bills , insurance ect.
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Please ensure you put your full name on the Bank
Transfer Documents when transferring purchase funds into your Turkish bank
account.
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You have two choices regards the Power of Attorney.
You can give Power of Attorney to a Solicitor/Lawyer to deal with all the
legal processes on your behalf, which would cost you 1%of the purchase
price or give Power of Attorney to Tolerance Homes at no additional cost.
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When all the official paperwork has been approved
and returns from the Army Headquarters in Izmir, you will be required to
come to Turkey to complete the purchase and obtain your Title Deed.
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