Bodrum / Turkey Real Estate, Bodrum Estates Agents, Homes Bodrum, Property, Bodrum Villas, Apartments, Bodrum Houses, Developers, Lands, Yalikavak Tel:+90 252 385 55 85

Hot Properties

View our hottest properties of the month.
Click here for more information>>

Latest News

Low interest rate opportunity for environment-friendly houses
Banks have started offering credit with low interest rates for environment-friendly housing projects in the aftermath of the successive initiation of these projects by real estate companies.

----------------------------

Ağaoğlu starts delivery of homes two months early
The Istanbul-based Ağaoğlu conglomerate will deliver the houses in the first stage of My World Starland Project to their owners in Istanbul's Ataşehir district from June 30 to July 21.

----------------------------

Real estate agents wait for Turkish expatriates to return
Kazım Karabekir Temel, chairman of Kayseri Real Estate Agents Chamber, has drawn attention to the stagnation in the real estate sector.

----------------------------

105 houses for sale in 'Gönül Evleri'
Akın Construction Company is undertaking the construction of 'Gönül Evleri' in Istanbul's Kağıthane district, on an area of 7,300 square meters.

----------------------------

Global returns dragged down by UK
Investors in global commercial real estate achieved a lower return last year as a result of falling prices in the U.K., according to researcher Investment Property Databank.

----------------------------

Homes less affordable as prices fall, rates rise
Rising mortgage rates in the U.S. are driving up the cost of buying a house even as prices fall, making property more expensive across the nation, according to a new study by Zillow.com, an online provider of home valuations.

----------------------------

Turkey ranks middle in trade index
Turkey ranked 38th in the “Enabling Trade Index,” featured in the Global Enabling Trade Report 2008, which explores the factors enabling trade in individual economies.

----------------------------

The Four Seasons opens its 2nd hotel
The Four Seasons chain opened the doors of its second Istanbul hotel, situated on the shores of the Bosporus on the city's European side, last weekend.

----------------------------

'Hanımeli Evleri' project on offer
Turkish Real Estate Investment Company Doğa Real Estate Agency completed the construction of a sample apartment in the Hanımeli Evleri project in Bodrum's Hebil Bay, reported Turkish weekly Ekonomist Sunday.

----------------------------

Apartment demand weakens in NYC
Manhattan apartments costing $1 million or less saw weaker demand as cutbacks by Wall Street firms meant few shoppers and an increase in the number of dwellings for sale, Barron's reported, citing a real-estate appraiser.

----------------------------

Demand for sustainable housing increases
The number of construction projects in the country seeking harmony with nature and offering a sustainable lifestyle with more efficient energy and water usage is gradually increasing.

----------------------------

Boom in demand for Istanbul's Levent district
The Levent Loft Bahçe Project offers some of the first apartments in Istanbul designed in the “loft” concept, in which old factories and storage buildings are transformed into modern living spaces

----------------------------

Turkish investors warn housing administration
The government should provide subsidies for the private sector operating in the real estate market, instead of conducting separate construction projects, according to a recent report.

----------------------------

New campaigns launched by real estate firms and banks
Following in the footsteps of real estate firms such as Güneri İnşaat, Mimart Yapı and Soyak, which have launched new payment plans to counter stagnation in the sector...

----------------------------

Home sales to foreigners brought to a halt
The "Investate '08 – Turkey Coasts Real Estate Investment" conference will be held this year on May 24-25 at the popular resort town of Bodrum on the Turkish Riviera.

----------------------------

Turkey’s new rich find the Midas touch
She was only eight when she began visiting the family’s bank...

----------------------------

Turkey and beyond: rewards of buying in the risks and distant lands
Laura Howard seeks out the new hotspots...

----------------------------

Swimming for peace
Young swimmers in Bodrum and from the Greek island of Kos...

----------------------------

Snowfall to end in Istanbul today
Temperatures are expected to rise today...

----------------------------

Location of third Bosporus bridge determined, but being kept secret
The location of the third bridge to be built across the Bosporus...

----------------------------

Ferry tours between Bodrum and Samos Island
Ferry tours from Bodrum to Greece's Samos Island...

----------------------------

Read All News

F.A.Q.

Frequently asked questions.

Can foreigners buy any property in Turkey?

Yes, almost any. There are a few minor restrictions. Briefly, the reciprocity principle prevails. This means you are allowed to buy any kind of property in Turkey that a Turkish national would be allowed to buy in your country.

How can I come to Turkey to view your properties?

As soon as you organize your flight to Turkey you can contact us with your flight details and we will arrange your airport transfers and your accommodation from our chosen hotels at very good rates.

How do you apply for visas, residence permits, etc?

You will need your passport and 6 passport sized photos and apply in person to the relevant Security Office in your area. You will be asked to fill in an application form (most probably typed, so it's best to download it and do it on the computer. This practice is to ensure that foreign names are not entered wrong.) There will also be a charge depending on your circumstances of residence. You can also get the most recent information from your local Aegean Home agent as she/he has most probably helped someone in your situation before.

Can I purchase more than one property?

Yes. You can purchase as many properties as you want.

If I own a property in Turkey, are there any limits to the amount of times I can come to Turkey to use my property?

No. There are no limits. You can come to Turkey when ever you want.

What does the maintenance charges include in general?

Generally, they would include landscaping, maintenance of communal grounds, swimming pool, Garbage collection, security and etc.

How would I know when to make my payments if I purchase a property from Aegean Home?

Aegean Home provides payment plan to all of their clients which details clearly when each payment is required. The payment plan will also be written on the sales agreement.

What are the tax regulations like for capital gains outside Turkey if you want to be a resident in Turkey?

Although these could vary depending on whether there is a bilateral agreement between your country and Turkey, as Turkey has such agreements with 55 countries for the avoidance of double taxation. The chances are that your country is one of them. Nonetheless, it's best to check with a professional service provider. Here are two web sites you can try: www.vergidegundem.com/default.asp for Ernest & Young and www.vergiportali.com/english/default.asp for PWC.

How long does it take to own the property in my name?

You will need to wait for the permission from the army headquarters which will take about three to five months, after you receive your permission you can get the title deed on to your name.

Are the properties freehold or leasehold?

All the properties are 100% freehold.

Is purchasing property in Bodrum a good investment opportunity?

Property prices in Bodrum are really reasonable at the moment. It's a good idea to purchase a property now because the property prices are constantly rising.

Do I have to use a solicitor to purchase a property?

We strongly recommend that you employ a local lawyer with experienced in Turkish property sales and we can introduce you to the independent solicitors that will act on your behalf.

What is DASK?

It is the mandatory earthquake cover, an insurance/tax required by government. All insurance companies offer this particular cover for the same price as it's a government enforced one.

Can I rent out my property?

Yes you can. We have a property management service and we can assist you to rent out your property if you require.

What other currencies are accepted in Turkey apart from the Turkish Lira?

Euro, Sterling and US Dollars are accepted.

What is the crime rate in Turkey?

According to the statistics crime rates in Turkey is much lower compare to Spain and UK.

What kind of TV channels do you receive in Turkey?

Cable TV offers quite a lot of foreign channels. You can also get satellite dishes to receive choice of channels.

Can I open a bank account in Turkey?

Yes you can. You will need to take your passport and tax number to be able to open an account.

It is useful to open an account so that you can pay utility bills via direct debit.

Banks are open from 9:30am to 5:00pm.

How do I get land line connected / mobile phone contract?

For landlines, you would need to apply to the local Turk Telecom office with your passport and a paper from the local "Muhtarlik" (this is the smallest unit of local authority dealing with administrative procedures in your neighbourhood) confirming your address. For mobile contracts you'd simply have to apply in person at the local branch of the mobile company of your choice.

Can the title deed have more than one name on it?

It can have as many names as you want on it. You will need to provide passport copies, tax numbers, 2 passport sized photos, full names and addresses of all the persons that will have their names on the title deed.

Will I be able to stay in Turkey for a long term?

Yes you can. All the foreigners will need to get a residency visa from the officials.

Will I be able to get building insurance?

Yes you can. Aegean Home can assist you on this if you require.

If we decide to move to Turkey is it possible to bring our furniture with us?

It is possible to bring your furniture, but the tax on the electrical goods are very high when entering to Turkey. We recommend you to sell your goods in the UK and buy the same quality in Turkey, for a very reasonable price.

What will happen to my property when I die? Can the Turkish Government have any claim to my property?

The husband/wife and the children will inherit the property. The Turkish Government can not have any claim to the property.

Can we take all of our money out of Turkey if we decide to sell our property?

Yes you can. It's a better idea to do this via bank so that the money is recorded leaving and entering the countries.

Would Turkish people mind if we keep pets in our house?

No, this is not a problem at all. In fact most Turkish households keep at least budgies or goldfish for pets, if nothing else. However for your peace of mind, having slightly more privacy, i.e. a house as opposed to an apartment, would serve you better in this regard.