Monday, May 24, 2010

Altinkum-is-Home: Additional Purchasing Costs

Altinkum-is-Home: Additional Purchasing Costs

Furniture Packs







So, you have bought your property and need to furnish it. The quality of furniture varies as does the price.



We have an extensive range of household furniture packages with prices for you to consider – that’s the easy option. The alternative is to go around the shops on your own, or we can take you on a guided tour to make sure you get the best deals.

Whatever the size of your property in Turkey, whether it be a 5 bed luxury villa requiring impressive decorative designs or a small holiday apartment - if you have purchased to secure an income from holiday letting, looking for a starter pack where you can take care of the finishing touches yourself, or would like a consultation on how to furnish to maximise a property's selling potential, our advisors offer total commitment and attention to details throughout any project.
Please complete an enquiry form if you would like further information on the full range of furniture packs available.

Back to Home Page for properties in Altinkum

Additional Purchasing Costs

Starting Costs:

Deposit: 10% of the sale price
Solicitor’s fee: £200
Legal translator: £ 50
Notary Public: £ 80
Power of attorney: £80-£120
Estate agent’s fee: 3% of the sale price, 0% if our own development
Military Clearance Fee: £400 depending on location
Placing a charge on the property: 1.2% of the amount you paid + @£100


Completion Costs - Once the Title Deed is transferred in to your name:

Buyer’s / Seller's tax: 3.3% of the rateable value
Government tax: minimal depending on property and location
Community tax: minimal depending on property and location
Property tax: 0.5% - 0.6% of the property price, depending on location, paid yearly
Earthquake insurance: (compulsory) depends on property value & location about £50 - £100
If the property is bought on a complex there is an annual maintenance charge of £200 - £750
Water & electricity connection fee: £200-£400 depending on existing arrangements

Please note that the Starting Costs are your commitment to buy and are non-refundable.

If you are buying a completed property, 10% of the sale price is the usual deposit and will include the starting costs, with the balance becoming payable in 30 days. The completion costs will become payable once you have the title deeds.

When you are making choices between properties or land, we can tell you exactly how much each purchase will cost you in total to help you with your decision.

If you are coming on a viewing trip, you will need to think about your total budget: say £45,000 for a property and about 10% for costs = £50,000. You will need to have that 10% available to you to make the first payment on signature of contract.

ALL AMOUNTS ARE APPROXIMATE AND ARE SUBJECT TO CHANGE