Affordable House Home

Property for sale in Turkey-Antalya, Alanya, Belek, Mahmutlar and Side and North Cyprus - in Catalkoy, Alagadi and Esentepe. New. off Plan and resale.

Can non residents buy property abroad...?

Non-residents have been buying property in abroad in larger numbers for at least the last 20 years. Buying property is easy and safe in the majority of countries as long as you follow the advice of the agents we partner. The low cost of living, friendly locals and warm weather have made the purchase of a nest egg abroad the number one choice for thousands of British people, many working there, others retiring and many just investing.

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What if I decide to buy...?

If on your visit you decide to purchase a property, the property advisor will explain the buying process in detail.

A bank account is normally required in all countries to facilitate your property purchase. Accounts can be opened easily in any bank normally by presenting your passport. Internet bank facilities are readily available in most countries. If required your representative will assist with the bank details.

If you are purchasing off-plan, you will receive a builder’s contract until such a time as your property is complete and the title deeds are signed. This is an advantage to the 'Buy to Sell' purchaser as there are normally no further costs involved until the title deed stage.

Your property purchase is completed at the Notary’s office once the building work is complete. The Notary’s function is to oversee all legal proceedings. Formal attire is required for visits to the Notary.

How can I finance a property abroad ?

Mortgages are usually easy to arrange and the interest rates in foreign countries are currently usually the lower than in the UK. A number of properties on offer already have a mortgage package in place (subject to your status). To raise the money in the UK we suggest that you will get the best deal by using and Independent Financial Advisor.  To transfer money abroad you can save large amounts by using a Foreign Exchange Company.

Mortgages are arranged upon completion of your property. Banks require basic proof of income (eg. last year’s P60 and three pay slips). As a general rule they tend to lend up to 80% of the property value and over a maximum of 30 years. Mortgage rates start from as little as 2.75% interest (subject to status).

Is it expensive to live abroad?

In one word: No.

The cost of living is typically less than that of the UK, although it will be higher in some popular tourist coastal areas, it will also depend on whether you insist on buying imported brands of food etc.

A community charge is payable by property owners on complexes and some developments which is calculated as the sum of your community’s costs, divided by the number of owners. Usually each apartment block or group of houses forms a community. Community fees include maintenance of communal facilities such as swimming pools, door security systems, lifts and gardens.

Property tax rates could be as little as £80 a year based on an apartment with two bedrooms.

When your property abroad is ready

As the time approaches for you to exchange contracts you will kept informed of the building progress and advised when your property is ready for inspection.

Once you have moved in to your property, you may find with a new property that you are using the builder's electricity and water until the development is completed. The builder may charge you for this depending on how long you are using his service. This should be detailed to you on the original contract.