Our Services
We have a stunning selection of properties that we hope suit your requirements. However, there are many apartments, villas and new build developments that we are aware of that are not currently advertised.
Our unique buying service is available for those that would prefer us to do all the searching and negotiating.
Adkins Property offers a comprehensive service for those seeking a second home in the stunning Muğla region of Turkey, particularly along the captivating coastal areas of Çalış, Dalaman, Dalyan, Fethiye, Hisarönü, Ovacık, and Ölüdeniz. These locations are renowned for their breathtaking landscapes, vibrant communities, and a unique blend of natural beauty and modern amenities.
Whether you’re looking for a tranquil retreat in the hills of Ovacık, a beachfront property in Ölüdeniz, or a charming villa in the heart of Fethiye, Adkins Property has the expertise to find the perfect home that matches your vision. Our buying service is designed to simplify the entire process, from identifying potential properties to negotiating the best deal on your behalf.
With an in-depth knowledge of the local real estate market, Adkins Property ensures that every aspect of your search is handled with precision. We carefully listen to your requirements, offer personalised advice, and present you with a selection of properties that align with your desires and investment goals. Whether it’s a cozy apartment in Çalış or a luxurious villa in Dalyan, Adkins Property knows where to find the hidden gems in each of these sought-after areas.
Moreover, our team at Adkins Property understands that purchasing a property abroad can be daunting, especially with the complexities of local regulations and market dynamics. That’s why we go beyond simply finding properties— we also manage the negotiation process, ensuring that you secure your dream home at the best possible price.
Choosing Adkins Property means entrusting your search for a second home in the Muğla region to professionals who prioritise your needs and deliver results with integrity and expertise. From the initial consultation to the final transaction, Adkins Property is dedicated to making your journey to owning a home in this beautiful part of Turkey as smooth and enjoyable as possible.
Buying in Turkey
On agreeing the purchase price, we recommend that you set aside money for purchase costs including a lawyer, notary, taxes, and relevant fees. Service charges such as lawyers and translators can vary throughout the region. Other official costs are also set in Turkish lira, and the amount in your home country currency will change according to exchange rates at that time. You should work on roughly 8-9% to cover all fees and charges. Please note as of 1st of January 2020 title deed transfer tax is 4%.
Cost of Buying Property in Turkey
Legals: We can assist you to source a suitable lawyer to deal with the legal process if you require. Prices vary depending on whom you choose to use.
Translation services: Some translators charge by the hour while others offer a set package specifically for property purchases. Please note that translators in Turkey must be officially registered and licensed. Notary offices in each district have a list of licensed translators or alternatively, we can assist and recommend one for you.
In accordance with Turkish Law, we charge the buyer 2.4% (inclusive of any related Vat or taxes) of the agreed purchase price (unless agreed differently in writing), this is standardised throughout estate agency in Turkey.
Typical fees
Solicitor/Lawyer fee £800 – £1000 (if you chose to have one)
Our Fee: 3% (inclusive of any related Vat or taxes) of the purchase price
Transfer Deeds Tax (similar to stamp duty): It is 4% – this is often paid for by the buyer..
Tapu Registration (Title Deeds): Approx. £100.00
Notary Fees: Approx. £350.00
Utility company connections £150 – £200
Dask insurance £60 approx.
DASK Insurance: This compulsory earthquake insurance is needed at the time of signing for your title deeds. The cost depends on the square meterage of your property. DASK for a three-bedroom apartment is roughly £60
Selling in Turkey
Agency Terms
If you instruct us to sell, you will be liable to pay our fee, in addition to any other costs or charges agreed on the successful sale completion.
Estate agency selling fees are typically 2% – 3% of the agreed sale price (depending on size of property), this fee can vary in some cases and should be agreed in writing by both parties at the outset.
Our selling fee: we have different marketing packages to suit all sellers needs
Capital Gains Tax: This is required if selling within 5 years of initial purchase – the charge is variable.
Stamp Duty: Turkish Law suggested that this should be paid by the buyer
Buying in Spain
Buying a property in Spain can be a rewarding investment, but it’s essential to be aware of the additional costs involved in the process. When planning your budget, it’s prudent to allow an extra 14-15% on top of the property price to cover various fees and taxes. Here’s a breakdown of these costs:
- Taxes:
- Transfer Tax (Impuesto de Transmisiones Patrimoniales, ITP): This is usually between 6-10% of the purchase price, depending on the region.
- VAT (IVA): If you are buying a new property directly from the developer, you’ll pay VAT at 10%.
- Stamp Duty (Actos Jurídicos Documentados, AJD): Typically ranges from 0.5% to 1.5% of the purchase price.
- Notary Fees:
- The notary fee is for the formalization of the property deed (escritura) and can vary but is generally between 0.5% and 1% of the property price. The exact amount depends on the property’s price and complexity.
- Solicitor (Abogado) Fees:
- Hiring a solicitor is highly recommended to ensure the legalities of the purchase are handled correctly. Solicitor fees usually range from 1% to 1.5% of the purchase price. Your solicitor will also provide you with a definitive amount for all costs involved.
- Land Registry Fees:
- After the notary signs the deed, it needs to be registered with the local Land Registry. This fee is typically between 0.5% and 1% of the purchase price.
Summary of Additional Costs
- Taxes: 6-11.5% (depending on ITP, IVA, and AJD)
- Notary Fees: 0.5-1%
- Solicitor Fees: 1-1.5%
- Land Registry Fees: 0.5-1%
Example Calculation
For a property priced at €200,000, the additional costs could be estimated as follows:
- Taxes: €12,000 to €23,000
- Notary Fees: €1,000 to €2,000
- Solicitor Fees: €2,000 to €3,000
- Land Registry Fees: €1,000 to €2,000
Total additional costs: €16,000 to €30,000, making the total purchase cost between €216,000 and €230,000.
Important Note
These figures are estimates, and the actual costs can vary based on the property’s location, the purchase price, and other factors. Always consult with a solicitor who can provide a detailed breakdown tailored to your specific situation. They will ensure that all legal and financial aspects of the purchase are accurately handled, providing peace of mind during your investment process.
