Aspiring to have your own bespoke satilik villa bodrum and purchasing the perfect plot of land for it? Bodrum property is just the right choice for those fond of sunshine, sea and the beauty of nature. While buying the perfect villa for sale, Bodrum has to offer is not easy, here’s a guide that makes it less than hard.
1 Widen Your Search
Opt for top realty portals like Sattigitti to get a complete picture of the Bodrum plots for sale. You need land that is cleared for sale, and suited to your needs. As a foreign national, expat buyers need to be aware of the classification of land to be purchased as part of the deal.
2 Check the Buildable Area
Once the plot of land that you need is in place, you need to check the buildable area. Look in terms of location, outlook, course price, plot coupled with zoning. Turkish nationals can build a property on a land plot of at least 5,000m2. This property can be built on 3-5 percent of the plot. Expats can purchase land and build it with classification if the plot is 10,000m2. A foreign national can build on a farming plot of 10,000 m2 if permission is 5 percent.
3 Double Check for the Easements
Engineers should be able to assist in organizing this and checking the boundaries to see if the plot being purchased is net or gross. Easement is where authorities net down land to take into account aspects like access for neighboring plots. It is important road access is checked and comprehended with ease. In case easement is not carried out, the title deed status needs to be changed as per the building plots.
4 Check Historic Antecedents of the Area
Checks are needed to see if the land has historical importance and conservation status. If the land has been classified as the first degree, it cannot be used for construction. For second degree land, it may be needed to build but only with restrictions and tight legislation. If the plot is third degree, the application must be approved by committees at regional headquarters of the municipal office.
5 Carry the Due Diligence Out too
Once there is agreement that the right plot is at the right price, there needs to be legal due diligence. Agents need to support this approach. Carry out a detailed search and provide the boundaries on the agreement. Purchase land that is not in the restricted area. Legal requirements need to be in place. Banks should not loan to foreign nationals for purchasing land so keep this in mind if you are an expat making a purchase of property in Turkey’s cities like Bodrum.