[glamourpuss]

My boyfriend and me have been looking for a holiday home near Kusadasi, sort of part holiday home and part investment, and we wondering what are the pitfalls to avoid?
We were slight put off last year, when we discovered that sales to non-Turk residents had been suspended, and we even more put off by the people(mainly Brits) who were still trying to sell us a place. So we have been quite cautious, what other things should we look out for?
Thanks for reading our message, any advice would be welcome.
Katia
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[adminratv]

Hey Katia

Welcome to the forums.

Don't be put off by the suspension. That was purely to put more structure in place. Was there anything in particular why it put you off?

I think the bottom line is you are, in my opinion, picking a great location for a holiday home/part investment. Don't be pressured by anybody or anyone into making a decision you do not feel comfortable with.

I think if you read the forums, you will pick up good tips on what you should look out for.

But otherwise, the main thing is when you have found the right place for you, just ensure that you know EXACTLY what you are paying for. Have it documented. You do not want no pricey hidden costs or extras popping up.

If you are cautious, then try and stick with reputable agencies and not a waiters brother or taxi drivers cousin who has a place to sell. I'm not saying all are bads, but like everywhere there are bad eggs.

Good luck with the hunt. If you have any specifics, then please browse the forums or start a new thread.

[bigbadwez]

That's good advice there from Ricky,

I would stress though, use a solicitor that you choose and not one an agent chooses.

There are so many houses to look at, but make choosing a solicitor your priority, then you will be in a position to proceed straight away. I was very please with mine and he was invaluable

Also, take cash for a deposit as you will be expected to cough up striaght away, and money transfers take time and you may then loose out on a purchase.

There are so many houses being built, but do not be put off buying a house that needs rennovating, as the costs are low in comparisson to the UK, and you can add a lot of value on to your house.

If you need any specific advice, then give us a shout.

[Thurstan]

Glamourpuss

set yourselves a budget and try to stick to it

do your research - look at a lot of agents websites so you get to know whats there. Home in on a select few agents (say 3 or 4). Get a recommendation off a friend or neighbour or look through the forum for other peoples experiences

Look at the property, and its location (eg in relation to roads, pool, dolmus, shops, seafront etc).

Write down the criteria you are going to use to judge the properties (in order of priority - you cant have all of them so which go first and which are essential)


Dont get carried away and remember the agent can only show you property he has got. If they doont suit then keep looking.

have the money ready so you dont miss a bargain

some tips there you may want to think about

Good luck - its a fun experience

Thurstan

[glamourpuss]

The main problem we had with our initital searching, which we found off putting as the willingness fo villa companies to use inaccurate information. We had one experience where the seller was using very out of date information which meant we really couldn't trust their judgement. I found it quite difficult to believe someone could be a an expert in the field when they were giving us quite poor, and unrealisitic data particularly in relation to EU memebership.

It was not so much the suspension of sales which bothered us it was the attitude of the sellers who seemed to ignore the existence of a suspension, and it made us wonder exactly what validitiy a contract would have.

I think the reason we are being cautious is that though 99% of developments are going to be above board, it is that one percent who probably see the same gap in the market as the time share fraudsters did back in the 1980's.

Thanyou for all your advice,
Katia
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[Sgreat]

Don't foget to haggle the price down!!! If they wanna sell.. they will... I walked away many times from various agents... and guess what..they were back the very next day.. It's a buyers market!! make the most of it..

As said!! get yourself a quality English speaking Solicitor, esential if you get into renovation... And again as said Have all your costs itemised, and preferably contracted... prior to any final offer... Know all your on-going costs, like insurance, complex maintanance, utilities etc..

Set aside roughly 7% the value of your potential Buy, to cover leagal,agents and transaction fee's....

But be assured the risk is minamal compared to some other countries I've had property dealings with... I personally had a very positive experience buying my place, albeit I'm still waiting for it to be completed...nearly done though!!

Hope you find your perfect home.. We Did!!

Steve!!