The Overseas Property Investment Forum

eddie 55 · #1 01-02-2008, 10:02 PM

Hi Some one is interested in buying my apartment in Altinkum...I know very
little of the this procedure...

Who pays the cost of selling the buyer or seller?

What is the best way to be paid...ie bank transfer or any other method?

Any pitfalls that might happen!!!!!

Any information would be most welcome.
Thank-You Eddie55

TH4S · #2 01-02-2008, 10:38 PM

Eddie55 ,You should aready be aware of the procedure...?

Do you not have a apartment in Altinkum...?you posted this on the 19-01-2008, 11:34 PM

Quote:

I guess with Altinkum...there is too many properties for sale...in the long term it will be a good investment ( I have an apartment in Altinkum...2 yrs now but maybe its only gone up by £5000)
Long term renting is not that easy....unless you rent to a the Turkish..but you will not get mega bucks...(I rent my apartment out for only £12o per month)
Until the flights get alot cheaper...you will not get the tourist paying £150 per week, when you have a package deals cheaper.
Altinkum is a good in investment...but look towards the new marina area or one the small
bays around Altinkum...don.t get me wrong Altinkum is a very friendly town, and most folks that have property there seem to keep it their use for families.
Look for a resale property...better bargin (most will have all the white goods and fitting)
and the price will be very reasoable.
Also look at the forums which deal with Altinkum...some members sell there properties on these. any more questions just ask...
Best of Luck....Eddie55

http://www.totallyproperty.com/turke...html#post26907

Eddie55 and you also posted on the 27-10-2007,

Quote:

I brought in April...a small apartment in Berlin City Centre, I did everything through the management company....

Any more questions just ask...

eddie 55 · #3 01-02-2008, 11:39 PM

Yes I know most of the answers and questions about buying properties...but I have
not yet sold a property...hence the Question.
Regards Eddie55

TH4S · #4 01-02-2008, 11:57 PM

Quote:

Who pays the cost of selling the buyer or seller?

İf its a private sale.. employ a solicitor..

İf the sale is via a estate agent, normally 3% from the buyer and seller is paid to the estate agent,

Most sellers prefer to be paid direct into there bank accounts on the day of sale,

Quote:

Any pitfalls that might happen!!!!!

The buyers could change there mind.. there are a lot of properties for sale in Altinkum, ask the buyer for a deposit,

eddie 55 · #5 02-02-2008, 12:09 AM

Many thanks for the information.
Eddie55

TH4S · #6 02-02-2008, 12:20 AM

Your welcome.

If you require a agent in Altinkum.please contact me via pm,

resalepropertyturkey · #7 22-04-2008, 11:56 AM

Yes its easy sometimes but of course its depends on your property and price and agent you are using. Bets Regards

TH4S · #8 22-04-2008, 01:42 PM

Quote:

Is selling a property easy?

eddie 55.if you are a foreigner trying to sell/ buy a Turkish property.it not currently easy,

Quote:

All sales to foreigners across the country have been frozen under the directive issued by the Land Registry General Directorate of the Public Works Ministry since the Constitutional Court ruling went into effect yesterday. Foreign companies established in Turkey and foreigners who hold Turkish passports will be kept outside the scope of the directive, the ministry announced. The Constitutional Court canceled a single article of the law that gave authority to the Cabinet to remove limits on property sales to foreigners -- set at 2.5 hectares -- as long as the total area sold to foreigners does not exceed 30 hectares and is not more than 0.5 percent of the area of a province. Under the directive, sales to foreign nationals and foreign companies will be frozen unless a second directive stating otherwise is issued.

TODAY'S ZAMAN - Government promises swift end to chaos in foreign property sale