1)Why to buy in turkey in kusadasi?

a)Turkey has a blooming liberal economy consisting free trade zones,subsidies,free international capital movements etc...
b)Turkey entered European Custom Union in 1996 and has been a candidate member for EU
c)The country situated in a very important geo-strategic spot where close to Africa,Europe,Middle East.
d)Turkey is a on the top ten list in the world as a tourism center with its history,culture,geography,climate and hospitality.
e) Taxes and Duties are still lower than in most European countries. Turkey is still going through a large growth period and people purchasing over the next few years can count on an attractive return on their investment.
f) Aircraft services are high quality with many countries
g)Modern network of roads served by taxi and buses.
h) Developed system of telecommunication.
and modern network of roads served by taxi and buses.

2)What are the probable dangers of buying a property in turkey ?

Some dangers are existing like in every country.
a)has the building been constructed legally?
b)Has the building affected by debts?
c)Is the property subject to any court? or possbly any family dispute?
d)Is the property belong to a cooperative which has not been signed off yet?
 

3)Who can buy property in Turkey?

''Reciprocity Principle'' apply between the countries.That means if a Turkish citizen can become the owner of a property in UK,then the same right applies to UK citizen.Here You can see below;

A list of countries that have full reciprocity with our country about real estate acquisition
1. ANDORRA 2. ARGENTINA 3. AUSTRALIA 4. AUSTRIA 5. BAHAMAS 6. BANGLADESH 7. BARBADOS 8. BELGIUM 9. BELIZE 10. BENIN 11. BOLIVIA 12. BOSNIA-HERZEGOVINA 13. BOSTWANA 14. BRAZIL 15. CAMEROON 16. CANADA 17. CAPE-VERDE 18. CENTRAL AFRICAN REPUBLIC 19. CHILE 20. COLOMBIA 21. COSTA RICA 22. COTE D'IVOIRE 23. CROATIA 24. DENMARK 25. ECUADOR 26. EL SALVADOR 27. ENGLAND 28. ESTONIA 29. FINLAND 30. FRANCE 31. GABON 32. GERMANY 33. GHANA 34. GUINEA 35. GRENADA 36. GUATEMALA 37. GUYANA 38. HAITI 39.HONDURAS 40. HUNGARY 41. IRELAND 42. ISRAEL 43. ITALY 44. JAMAICA 45. JAPAN 46. KOREA,SOUTH 47.LATVIA 48. LIECHTENSTEIN 49. LITHUANIA 50. LUXEMBOURG 51. MALAWI 52. MALAYSIA 53. MALI 54. MALTA 55. MAURITANIA 56. MAURITIUS 57. MEXICO 58. MONACO 59. MOZAMBIQUE 60. NETHERLANDS 61. NEW ZEALAND
62. NICARAGUA 63. NIGERIA 64. NORWAY 65. PANAMA 66. PARAGUAY 67. PERU 68. PHILIPPINES 69. POLAND 70. PORTUGAL 71. SAN MARINO 72. SENEGAL 73. SINGAPORE 74. SOMALIA 75. SOUTH AFRICAN REPUBLIC 76. SRI LANKA 77. SPAIN 78. SWAZILAND 79. SWEDEN 80. SWITZERLAND 81. TANZANIA 82. THE REPUBLIC OF DOMINIC 83. TURKISH REPUBLIC OF NORTHERN CYPRUS 84. UNITED STATES OF AMERICA 85. URUGUAY
86. VENEZUELA 87. YUGOSLAVIA(SERBIA-MONTENEGRO)

The demands for real estate acquisition of citizens of countries that do not have reciprocity with our country will directly be refused by Land Registry Offices without making any correspondence.see below;

1. AFGHANISTAN 2. ALGERIA 3. ARMENIA 4. BURMA 5. CAMBODIA 6. CUBA 7. CZECH REPUBLIC 8. ERITREA
9. ETHIOPIA 10. FIJI 11. ICELAND 12. INDIA 13. INDONESIA 14. IRAQ 15. KOREA,NORTH 16. KUWAIT
17. LAOS 18. LIBYA 19. MALDIVES 20. MONGOLIA 21. NEPAL 22. NIGER 23. OMAN 24. PAPUA NEW GUINEA
25. QATAR 26. SAUDI ARABIA 27. SLOVAKIA 28. SUDAN 29. SURINAME 30. THAILAND 31. TUNISIA 32. UNITED ARAB EMIRATES 33. VIETNAM 34. YEMEN

Some Countries Which only can acquire building.See below;
1-AZERBAIJAN 2-BAHRAIN 3-BELARUS 4-CHAD 5-CHINA 6-EGYPT 7-GEORGIA 8-IRAN (With the conditions of five- year residence and permission of relevant Ministeries) 9-JORDAN 10-KAZAKHISTAN 11-KENYA
12-KYRGIZISTAN 13-MACEDONIA 14-MOLDOVIA 15-MOROCCO 16-NAMIBIA 17-ROMANIA 18-RUSSIAN FEDERATION 19-SLOVENIA 20-TAJIKISTAN 21-TURKMENISTAN 22-UGANDA 23-UKRAIN 24-UZBEKISTAN

4)How does the legal transaction for deed (tapu) work?

It takes between 1 to 5 months to receive the final Tapu ( Title Deeds),
The copies of the buyers passport will be handovered to the local land registry office as soon as the reservation contract signed.The copies and the official papers showing the location of the property will be sent to a Military Head office in Izmir to be checked. After the approval of the permission our company pays the necessary fees and taxes to the authorised bank which is T.C. Ziraat Bankasi and to the tax office. The official receipts of these taxes and fees will be declared during the transaction in the Land registry office. Finally the buyer and seller signs the land registry book under the supervision of an official interpreter.

5)What are the renting situation in Turkey?

Finding accommodation to rent in Turkey is easy .Furnished properties are difficult to find and generally they are poorly equipped.OF course the renting prices vary depending on the reion and city.Rents for a 3 bedroom house can be found at around 250 Euro-300 Euro per month.Usually real estate agents charges 1 month rent.

6)What about the tax?

Property annual taxes are about 3/1000 of the declared value.Also new properties are exempt from the annual tax for 5 years.For tax purposes,all properties are subject to revaluation in every 5 years. in course of purchase, the buyer and the seller pay a 3% tax on the official purchase price. Also buyer pay the equivalent of approximately 40 Euro in education tax and earthquake tax.All formal documentation and copies approximately 250 Euro.Interpreter fees approx.70 Euro. Also Buyer should convert the electrical,water,gas,telephone bills under his /her name.
 

7)A lawyer needed?

A lawyer is not needed in Turkey but it is wise to consult one to relax your mind. Costs around 600 EURO

8)How much do i pay fro the real estate agent service?

The agent commisions are generally and based on 3 % by all Turkish estate agents.

9) If I sell my property can I take the proceeds back to My country?

You have the legal right to take the proceeds back to the Country
 

10) Can I will my property to my beneficiaries?

Yes.You can write a a Turkish Will and leave your property to your beneficiaries. if you hadn’t made a will, the property automaticaly goes to your next of kin.

11) What would be the running costs?
Tax yearly: 0.1 % of the declared cost of your property

Refuse: Every year approx. 14 Euro

Electricity: Time share : between 17-22 pm= 0.11 Euro between 22pm-06 am =0.03 Euro between 06am-17pm=0.06 Euro

Water: 1 - 20 m³ = 0,32 €
21- 40 m³ = 0,48 €
above 40 m³ = 0,87 €