Kas - Just Available - Fantastic opportunity to acquire a large plot of land with fabulous 360 degree views of the Mediterranean sea and the Taurus mountains..........more.
Kas Peninsular - Large Duplex Apartment, close to the sea with great views from every window.......more
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Introduction |
The popularity of Turkey as a holiday destination, Turkeys stunning coast line and Mediterranean climate combined with fast growth and increasing economic stability has fuelled peoples desire to buy property in Turkey as a second home, an investment opportunity, or a combination of the two.
As real estate prices begin to slow in other parts of Europe, prices in Turkey are rising at a steady and sustainable rate. Equity release from main residences, and the availability of competitive finance is also fuelling growth. Also worth a mention is the low cost of living in Turkey.
When combining these factures it's easy to see why Turkeys foreign property ownership is increasing steadily and has no signs of slowing in the future.
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Guide to Buying Real Estate |
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Ownership is
covered in article 35 of the Turkish Constitution. It
stipulates that anyone is entitled to ownership, and
that these rights can only be restricted by other legal
stipulations. These restrictions may consist of zoning
schemes, rights of way, or proximity to military
installations. Ownership of real estate in Turkey is by entry into the regional land register in accordance with article 633 of the Turkish Civil Code.
Particularly
for foreigners the entry in the land register is
important. There is also an agents fee payable of 6% of the property price, this is split 50/50 between the buyer and seller. Legal fees vary depending on the work involved. Legal representation can be acquired locally. |
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Useful links |
Kas -
Useful Numbers
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Latest News |
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Have your say Air your views and have your say on the Kas community forum. if it's to do with Kas - post it here. Property prices set to soar As Turkey moves towards introducing mortgages for foreigners for the first time, investors are predicting real estate price increases of between 50-100 percent, within the next twelve months. EasyJet starts flights toTurkey (March 01 2006) EasyJet is to fly beyond its traditional European boundaries for the first time.........more. Tourist numbers hit record high Tourism numbers rose in excess of 20% in Turkey last year. 2006 projections from the Turkish tourism minister Atilla Koc are for visitor numbers to top the twenty one million mark. Bank of Turkey: Inflation Continues to Decline Read this Turkish Weekly article by clicking here. Spain 20 years ago? “The dynamics of the property market are very similar to those of Spain 20 or more years ago and Turkey could well emulate this growth and development pattern.” Read this Channel 4 article by clicking here |
have your say and post your views and comments.
we'd love to hear from you.
Sunset over the Kas Peninsular
Click here for more pictures of Kas
English - Turkish or
Turkish - English
Why not give it a try.
Please click on any of the covers on the left to download that brochure in a PDF format.
