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10 Things You Need to Know Before You Buy a Retirement Home and a Property in Turkey
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Posted On :
Dec-27-2009
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Article Word Count :
822
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In order to make sure that you will get the best out of your investment, you need to follow some rules in your mind. The same applies to your acquisition of a retirement home in Turkey. Whether you are a local or a foreigner looking for a new home in a list of communities in the country, you should be guided by these rules.
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In order to make sure that you will get the best out of your investment, you need to follow some rules in your mind. The same applies to your acquisition of a retirement home in Turkey. Whether you are a local or a foreigner looking for a new home in a list of communities in the country, you should be guided by these rules. This is the only way you will take advantage of your hard-earned money.
Turkey is said to be one of the most ideal countries to live in for people who retired from 25 to 30 years of service in a company. This is because the country offers some of the world’s most loved tourist destinations. If you are looking for a home in one of Turkey’s retirement communities, make sure you are heading for the right one.
10 things to consider when buying a retirement home from Turkey
Retirement homes need not be synonymous to the real meaning of the word “retirement”. Look at them as your partners to living your lives to the fullest. When you are eyeing for a home in Turkey, make sure you include the following things on your list.
- Establish a basis for your decision. Before you even decide on other factors in the buying process, you should know what you are actually looking for. This is the foreground to acquiring the right property in Turkey. You have to determine whether the retirement home is purely a holiday property or a residence you want to live in for the rest of your life.
- Location. This is one of the things that should come to mind when acquiring a home from the best retirement community in Turkey. Choices include Fethiye, Izmir, Kusadasi, and Antalya, Side, Alanya and a lot more. When looking for the best retirement spot, make sure you go for something that you will want to live in for the rest of your lives. You may also look for a spot ideal for the holidays which you may rent out to other travelers later on.
- Budget. Who will ever forget about looking into his budget before any acquisition? Not because you have enough retirement funds means that you should exhaust every single penny to the retirement home investment. Make sure you leave something behind in your savings account or in your mutual fund. Your cost computations should also include taxes and legal fees required in Turkey.
- Information about buying houses in the country. You should also make your own research as to where and how you will be able to get your retirement home in Turkey.
- Personal visit to the place. You will never want to buy a home in a land that you never even know of. Not because you have heard that Turkey offers good retirement communities means you should leave your decision to that statement. It is still best to explore the country by yourself. Extend this to your own surveillance of the property you are eyeing for.
- Seek the advice of an expert. Since there are some legal issues behind acquiring properties in Turkey, make sure you have your own lawyer to help you. In that way, you are assured that you are entering into a valid and binding transaction. This is also your best way to gain knowledge about what should be included in the purchase contract. Let your lawyer check if there are no liabilities linked to the property.
- Learn to negotiate. Negotiating is synonymous to bargaining on a transaction. It doesn’t mean haggling on the lowest terms for the property or else the seller will just give it to another party. You must at least check if the seller is willing to meet with your terms.
- Have private contracts made. Once you have made your deposit for your retirement home, be prepared with your private contract. The contract should specifically include the selling price and all the things pertinent to the sale. Check the clauses included before you sign the paper.
- Registration is vital. Once the deal is closed, you have to finalize everything. This means you need to register the property to appropriate authorities. This is where a lot of documents are gathered including the property title. The latter is your evidence that you are now the property owner.
As soon as you went through these 10 things, there is no doubt you will have the best of all retirement homes in Turkey. Do not think of the procedure as a tedious one. This is your license to enjoy the portion of the retirement fund you have.
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Article Source :
http://www.articleseen.com/Article_10 Things You Need to Know Before You Buy a Retirement Home and a Property in Turkey_7704.aspx
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Author Resource :
Caglar Kilinc, the author of Konut Kredileri Tuketici Bilinclendirme Portali. More info on the subject is at 10 Things You Need to Know Before You Buy a Retirement Home and a Property in Turkey and resources from other Konut Kredileri and Konut Kredisi Faiz Oranlari sources are used such as Konut Kredileri Faiz Oranlari
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Keywords :
Konut Kredileri Tuketici Bilinclendirme Portali, 10 Things You Need to Know Before You Buy a Retirement Home and a Property i,
Category :
Finance
:
Real Estate
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