Porterspet

My question would be:who is a holiday property owner and who is or intends to live in Turkey full time?
As someone who intends to live in turkey all year round I am worried about a few things in Turkey at the moment.The AKP is a worry.The arrest today of several generals is a worry.The obvious islamist leanings of at least half of the population is a worry(the percentage that voted AKP).The tapu problem is a part of this.If you own a holiday propoerty and go out 2 or 3 times a year do you have the same concerns.My "worries" are spread over the next 10 to 20 years and the tapu problem has made me worry just a little more,I would be stupid not to.
So has the problems with the tapu situation made things just a bit more of a problem......yes,so much so that I had previously only considered moving to Turkey,whereas now I have started to consider a Plan B.

pldouglas

Maybe they are buying re-sales with the tapu already in place - or does that not make any difference? I fully understand how important this subject is, and maybe I'm just being thick (got hayfever) but I'm begining to get a bit lost. If a place is a re-sale with the current owners having a tapu, can that property be sold on with no tapu problems?

Andyucs

No i think it is fully across the board

foreign nationals are not allowed to purchase land or property at the present time

no Tapu can legally change hands to a foreign national until the new laws are passed

just be very careful as no one knows the full extent of the new laws yet

Turkish nationals to Turkish nationals sales are not affected

this is what i have heard

if anyone knows any more info or if i have posted anything that is not correct please let us know

Terry&Sue

I guess not because the new owners would have to be checked out and a new tapu issued in their names which is not possible right now.

Porterspet
That is a good point re residence or holiday home and I think your attitude has to be more laid back if you just visit for holidays. Residency has to be considered as a more serious issue of course.

red

I voted - 'I'm not selling my property and don't intend to'. I bought a holiday home and I have no regrets so far. We love the place so i'm sure others would in the future if I wanted to sell.

I was bored the other night whilst hubby was watching tennis (and still is) so looked at a few property websites - the prices on some are amazing.

turtle-webs

I think if you are buying something middle of the road then you shouldn't have any problems once the suspension is lifted if you at least started a buying process now. If I wanted an established apartment in the centre of say Dalaman then chances are that all would go though based on what we know now - Dalaman has a Belidiye, it is no where near 10% ownership.

I wouldn't go out and buy a plot of land, villa, apartment in a small village or rural area as chances are foreigners won't be allowed to buy there.
I wouldn't buy anywhere like Altinkum, Kusadasi or Fethiye where I've heard they may be close or even above 10% already. Again Bodrum and in particular Turgetries seems to have issues that a new law may make even worse.

I would also just start the process of, get contracts signed, pay deposit, have TAPU checked, etc but make sure the contract contained a clause about the new law with some kind of sensible deadline so if everything goes t*ts up then you have a get out. Afterall I suspect asking prices will rise slightly on the implementation of the new law - probably causing more problems because they won't sell and they'll just build even more.

I'm selling mine and want to as quickly as possible but its due to an internal move within Turkey and this situation doesn't help me one bit so I'll be very happy once the new law is enacted. Saying above that if I was to buy as a foreigner I would pay deposit and sign contracts this is the worst situation I could be in as a seller, I'm not interested in taking a small deposit and then waiting 3, 6, 9, who knows how many months before I get the rest of the money - I'd prefer to sell to a Turk overnight even if I lose £5k on the asking price so I can get on with my life.

Germaine

You'll have everyone climbing the walls now Turtle-webs.

thurstan

no, that is exactly as I saw it too

If I was buying now I would be very very wary.

Its also a good test of your emlak and lawyer (if they tell you its no problem then drop them like a hot potato)

Thurstan

turtle-webs

Exactly!
I do know a number of Emlaks that are still selling to foreigners, some of these would be 'problem yok' but I know of quite a few who take the time to explain the situation and help ensure that they only procede in a controlled manner ensuring risks are minimised.