New Law Allows Foreigners to buy property in Kusadasi and Turkey
According to the new legislation, citizens of the following countries are allowed to buy property in Kusadasi and Turkey:

• Germany
• USA
• Austuria
• Australia
• Belgium
• France
• Netherlands
• UK
• Ireland
• Spain
• Italy
• Canada
• Luxemburg
• Norway
• Egypt

What you need to know about real estate in Turkey
Real estate in Turkey has been in a recession since the financial crisis in 2001 when interest rates hiked up to 1000 % daily. The recession in the sector ended as of 2004, however, real estate prices are still below the levels of 1999 and 2000. While construction costs increased around 50 % in the past 5 years the sale prices remained same thus causing a no way out situation for developers.

The cost of building 1 square meter first quality house is currently 250 Euro. In other words building a 100 square meter first quality villa costs around 25,000 Euro. On top of this cost you should add the cost of land used for the building. Land price within Kusadasi is arround 200 euro per square meter and this price falls to 100 Euro as you move away from downtown. Price of land differs mainly according to the construction permit given to the specific land. Although the price of land increases as the construction permit increases, the square meter cost in a property decreases since more space is built within the land.

Just in any other cities around the when buying property in Turkey the most important specifications are:

1. The construction quality of the property: You would want a longer lasting building, problem free for a long time, made of high quality materials.
2. Location of property: Location should suit you interests best and neighborhood has to fit your standards
3. Useful architecture: Architectural design of the property should be well thought and lay out should be practical.
4. Future: 5 years down the road you should know what will happen to the neighborhood and the town itself.

Sale and purchase process in Turkey is quite simple and rather fast. Whole process is completed within a day. We suggest that you hire someone who will take care of it for you. Usually real estate agencies take care of for you. Changing the title deed fee is between 1,000,000,000 TL (600 Euro) – 3,000,000,000 TL (1800 Euro) depending on the sale pice of the property. Other sales expenses are around 300,000,000 TL (200 Euro).
 

Tips on choosing a location in Kusadasi

We can divide Kusadasi into 4 major regions :
1. Downtown Region
2. Ladies Beach Region
3. Long Beach Region
4. Davutlar – Guzelcamlik Region


Downtown Region: If you are looking for a house to stay 12 months a year Downtown is the place to look for one. Although very crowded during summer, downtown Kusadasi is busy 12 months a year. You do not need a car for this region. Most of the town is walking distance and you may also use the regular minibus (dolmus) service within town which runs on regularly between 7:00 AM – 11:30 PM. The negative side of downtown is that you need to take a dolmus (minibus) to reach beach or you may walk to the public beach in downtown. Shopping is easy as almost all the shops are open 12 months a year. Restaurants, cafes and bars are also open throughout the year. In summary those who are thinking about staying during winter as well should look for a house or apartment within downtown
● Map of Downtown Kusadasi ● Pictures of Kusadasi Downtown


Ladies Beach Region: In summer, Ladies Beach area, one of the most preferred area in Kusadasi. Ladies Beach is located 2 kms south of Kusadasi. The down side of having a house in Ladies Beach is that the region is dead between November 1 and May 1. If you are planning to stay during summer ladies Beach can be the right location for you. The sandy beach is 1 km long and is usually very crowded during July and August. Houses in this region are usually dublexes with small gardens. There are also many sites (group of houses) in Ladies Beach. There is regular minibus (dolmus) service between Kusadasi downtown and Ladies Beach. It is a 5 minute dolmus (minibus) ride and a 15 minute walk to downtown Kusadasi. The shops are open between May 1 and November 1, some market shops are open 12 months a year. It is very quite in winter and therefore should be considered as a spot for summer season.
● Map of Ladies Beach ● Pictures of Ladies Beach


Long Beach Region: Long Beach is located 10 kms south of Kusadasi and like Ladies Beach it is lively in summer and completed deserted in winter months. Region lies on 10 km long sandy beach. Summer houses and a couple of hotels are scattered parallel to the beach. You would be lucky to find a house right on the beach. Most of the available ones are in the second, third or fourth lane and are 100 to 200 meters away from the beach. The are convenient store that are open between May 1 and November 1 in this area. However, for major shopping you need to go to Kusadasi. There is also one of the major aquapark of Turkey, “Long Beach Aqualand” in this area. If you are looking for a quite location, Long Beach area can be the right place for you. There is regular minibus (dolmus) service between long Beach and kusadasi downtown running between 7:30 AM – 11:30 PM. In winter this service is not regular.
● Map of Long Beach Region ● Pictures of Long Beach Region


Davutlar – Guzelcamlik Region: Davutlar and Guzelcamlik are two small towns located 20 kms south of Kusadasi, towards the end of Kusadasi Bay. The famous “National Park” (Kalamaki) is near this region. You may do your grocery and other fundamental shopping in the bazaar of Davutlar or Guzelcamlik. National Park (Kalamaki) is 1 km away from Guzelcamlik and is a preserved paradise for visitors. Pine Tree Forest reaches the shores of Aegean Sea. The crystal clear sea of National Park makes it a perfect beach location. Most of the houses in this region are dublexes with small gardens. The water front houses are rare to find and expensive compared to those situated behind. This region is quite deserted in winter time. There is regular minibus (dolmus) service between these two towns and Kusadasi running between 7:30 AM – 11:30 PM during summer and more rare service continues during winter. The prices of houses are significantly lower in this region. If you are planning to stay during summer only this region along with Long Beach is a choice you shoul consider.
● Map of Long Davutlar–Guzelcamlik Region ● Pictures of Davutlar–Guzelcamlik Region