This video looks at how we purchased a sailing boat in Turkey. We go through the complete buying process and the steps we followed. There was very little online on ' How to purchase a boat in Turkey ' so we decided this video may help those currently buying a boat in Turkey or those who are looking to buy a sailing boat in Turkey.
We purchased a Hanse 445 in Turkey August 2018 and have recently exported it to Greece. These are the main steps we followed with the time we start to talk about each process:
1. Offer and Negotiations (0.28)
2. Contract (1.34)
3. Deposit and Money Transfer (2.23)
4. Survey and Sea Trial (3.13)
5. Negotiations & Contract Part 2 (4.13)
6. Agents (5.02)
7. Power of Attorney (6.45)
8. Temporary Tax File Number (7.16)
9. Insurance and Translations (7.45)
10. Final Payment (8.00)
11. Registration, Re-naming & Flagging (8.18)
12. Export (8.56)
Joe Rowles - Surveyor - 00 90 533 4985224, 00 90 2523133403
info@marinesurveyorturkey.com
We also searched Europe for 6 months looking for a sailing boat so I have attached our first video which details what we encountered while searching for a sailing boat in Europe and part of the process of purchasing in Turkey.
https://www.youtube.com/watch?v=5lwd6...
Disclaimer: Please note this is the process we followed and it may contain errors or omissions, we recommend doing your own research about the process.
Follow our Journey
Trace: www.instagram.com/trace_y02/?hl=en
Jase: www.instagram.com/jase_stephens1/?hl=en
Closed Captions (CC):
this will be an in-depth look at the
process of buying a boat in Turkey we
found little information about this so
hopefully it helps here are the 12 steps
that we will go through to make it
easier we've listed the exact time for
each point in the description it's an
exciting time but it can also be quite
scary spending a large chunk of your
hard-earned cash
hopefully this video makes the process
less daunting and helps limit potential
pitfalls we've got some surprises and
we'll go through these in the video we
won't spend much time on this in part
one we mentioned that you should do your
research you should know the extras how
much they cost and you should have a
fair idea of the market value first
things start low with your price the
seller will want to sell so make sure
that your first initial offer is within
your budget
and you have room to move negotiation
stage it's always handy to have a second
boat that the agent thinks you're
interested in that way he's gonna fire
together sound it's also advantageous to
know the prices of other boats similar
to yours that are sold that way you can
help justify your offer
obviously you want the lower priced
sails the third thing that I would
recommend is trying to get some
additional extras with you the sale
something that we did was that we
negotiated the marina berth it's not
something that cost per sell or anything
because he had a long term contract on
the berth we got an additional two
months rent-free and this helped us
during the registration and maintenance
stage as they are quite lengthy it was
already in English and was a
Mediterranean euro his association
contract it was important to read
through everything before signing and
sure all inventory was included and sure
any special causes were included for
example we had the marina free of charge
and the dates to use it written in we
also made a note and we're aware of all
the timeframes and ensure they were
sufficient and double check all amounts
stated in the contract
this is probably pretty obvious but just
thought we'd mention it
you saw the contract now so you may not
be able to get out of it unless you find
any major defects or problems with that
boat hopefully you don't want to change
to the brokers account we shopped around
I've had a good money transfer company
world-first
as the banks can charge 7 times more to
transfer money internationally in
transferring a large amount we were able
to negotiate a better rate as well check
with your financial provider how long
will take to transfer the money and also
what extra documents you may need we had
to send a copy of the contract of the
sale of the boat to ours and someone
else that we know how to send a lot of
different documents and it ended up
delaying his settlement and costing him
a couple of thousand dollars more than
it should have so double check that one
because sending money to Turkey can be
seen as a security risk it could be
potentially that you're funding
terrorism so they like to really check
it out so make sure you do that this one
is very important and can save you
thousands in the long run we did lots of
research on noon Side cruising forums
and online reviews brokers will always
tell you they know a good surveyor I
would suggest to avoid if possible as it
may not be a fully independent opinion
we found a reputable english-speaking
surveyor who we were extremely happy
with his name was Joe rolls we'll put
his info in the description a good
surveyor will be very thorough and will
find problems no matter how good the
boat the surveyors opinion and what he
finds will allow you to negotiate around
what needs to be fixed getting a price
reduction or if you should terminate the
sale if there are any major problems the
Sitra land survey is a long process
which includes a sea trial first in the
water and a survey on the heart
afterwards choice is yours have detailed
you want it to be there's also an option
to get the engine oil analyzed we'd
recommend doing as much as you can and
we wouldn't buy a boat without pulling
it out of the water this is very
important to analyze the hull and make
sure there is no osmosis or damage
amongst other things once you've
received your report from the surveyor
you usually have a couple of options we
did with ours
but that depends on your contract so
please check the finally any major
defect you may be able to terminate the
contract and get your deposit back but
again that depends on the contract
inside you may also be able to get the
items fix but seller or if possible I'd
recommend that you get a price reduction
and get the jobs done by yourself if you
do decide that the seller is going to
fix the items you need to agree on a
time frame and that needs to be written
so the work is completed before you
create the final we'll also need to
inspect the work done to make sure the
contract is updated and it's clear to
the seller what is expected from you the
buyer agents are expensive they do do a
lot of things though and I really
wouldn't have liked to have gone through
the process without them but yeah it's
just a good idea to definitely do your
research you will have to give the agent
power of attorney as will the seller
they look after lots of things lots of
the paperwork and the legal aspects of
the sale
organized bill of sale the deletions to
bigot your transit love the deep
flagging though organized the notary and
any sales taxes if applicable and also
organize all of the export process it's
an important one
we were overcharged on our invoice two
thousand US dollars which we thought was
excessive it was listed as notary fees
and taxes so we questioned it and they
sent us some documents but we still
weren't happy so we're fortunate enough
that we'd already been in contact with
an Australian who'd bought through the
same broker and use the same agency and
he was kind enough to send us his
receipt and he didn't have that on it so
we were very skeptical as you'd only
bought a few months prior to us so we
questioned it again further and
eventually we were advised that the
notary may charge this fee and we said
well if they do then we'd like to
receipt and eventually we won't actually
charge the amount so be careful on that
one
so in total our agency fees cost us
three thousand two hundred and fifty US
Dollars and included everything except
for some Express prestige to send things
back to Australia and also included
translations so
that's around what you can expect to pay
you might be able to get a better deal
we were a little skeptical to give an
agency power of attorney but it all runs
smoothly and we really couldn't have
done it without doing it you have to go
to a notary there's quite a few of them
around Turkey so your brokers should
give you details about which one to go
to exactly and they'll organize a
translator for you once you get there
took us about half an hour and it cost
700 Turkish lira for their fees and the
translator please I also had to get a
temporary tax file number which you will
have to go to the agent to get make sure
that you take a photocopy of your
passport with you we didn't end it made
it very difficult because they actually
don't photocopy it for you apparently
they don't have a photocopier so yes
much more convenient if you take
probably with me it is a temporary tax
file number so just make sure that the
time frame that you have it for covers
the whole time that it takes for the
contract to go through and until
settlement take you need to organise
insurance before you send final payment
there are plenty of providers we went
with topsail an Australian company
topsail also provided translation into
Greek Italian and Spanish as these
countries require this when entering
into the country you will need to be
prepared and have transferred all the
money to the company in charge of your
international money transfer some banks
have limits for daily transfer so check
ahead of time to your aren't caught out
international money transfers also take
two to four days you now own the boat
our agents and all necessary original
documents to Australia for us we had to
email the rest to the estranged shipping
registrar I assume all countries are
different for us we had to post the
original bill of sale and the deletion
certificate to Australia once the
Australian shipping registrar receive
this they sent us another document to
complete without renaming the boat we
had to send the originals back to
Australia again we had to send it
expressly the original registration
document is required in Turkey for the
export so it needs to be shipped over
quite quickly we requested Express the
postings with delivery to the marina
once we receive this
ready to export we had to export the
boat within two months of the sale date
which meant we had to leave Turkey and
check into Greece on the day we left we
organized to meet our agent that morning
we gave him passports
bill of sale deletions to forget ICC
original registration and he took them
all to the Harbormaster port police
customs and completed all the paperwork
required for us it took him about two to
three hours we were then required to
dinghy to port police and customs to
collect the paperwork before we received
our transit log and needed to leave
Turkey for Greece for us there was no
other payments we need to make we
arrived two roads late in the evening
and everything was closed so we anchored
overnight and headed into our Greek
agent firstly in the morning
now we have to wait given all our
details to McCallister's our agent in ro
dose given in our registration passports
it's really important that you also give
your insurance details you need printed
when you get here and also I see your
driving license you have so now we wait
I believe it's gonna take about an hour
to an hour and a half
thanks for watching hope it's me
or will be helpful for you if you're
looking to buy a new tank you just a
little disclaimer this is just our
experience I make sure you do your own
research see you next week