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Turkey - Bodrum Peninsula

Sunset Village

Date Checked:

Checked by: The International Law Partnership

Reference:

Legal Title

Title Reference:
Location:
Village: Geris
Town: Bodrum
City: Mugla
Land Registry: Bodrum
Record No: 11372
Book No: 10
Page No: 933
Date of Registration: 15/09/2005

Main Title Details:
Plot No: 10/1, 10, 3 - 21/3
Zone: -
Parcel No: 931, 933, 934, 991, 1544
Land Classification: Land 

Subdivision Plot Details:
Number of individual titles:
Plot Allocation:
Plot Classification:

Description of Land

A plot of building land with registered buildings to total size of  12,616.00 plus 1,740.00 plus 4,220.00 plus 3,9666.00 plus 3,548.00 m2

Boundaries

Parcel No:
North:
South:  
East:
West:

Ownership

The property is registered as being owned by: Sunrise Yalikavak Insaat Ithalat ve Ihracat Limited Company

Registered debts, charges and other burdens

There is an interim injunction of 300,000.00 TRY over the parcel number 991 to prevent the sale of the properties.  This parcel is the subject of litigation between previous contractors and Midas PLC.

Zoning/Planning

This piece of land is zoned as a dwelling area.

Construction Licences

Building licences (yapi ruhsati) granted for 69 properties.  The sellers are currently revising the project and the building licence is being amended accordingly.  Once this has been granted it will be provided by the seller.

Completion Guarantees

This development benefits from the security of an Escrow Agreement and a Trust operated by The International Law Partnership LLP.

Professional Associations

AIPP

Note:

This report must be read in conjunction with the guidance notes.

Warning!

This guide to new property developments is, of necessity, general in nature.  It cannont take account of your personal circumstances.  It is not intended to be legal advice.  It does not reflect or create a solicitor/client relationship between us or between you and the International Law Partnership LLP.  The information in it is given in good faith but we will not be liable for any loss suffered by taking (or not taking) any action based on the content of this guide.  This guide is no substitute for professional legal adivce, which the International Law Partnership LLP will be happy to supply on request. Buyers of this guide will be entitled to a 10% reduction in their normal fees.