Tips for Buying Property in Turkey
Tips for buying property in Turkey
Buying Property abroad is different from buying a new iPhone in your country. It's different and needs some expertise and checkpoints.
Location
First of all, could you please decide on the location? What kind of neighborhood do you want to live in?
Want to buy in a big city or a small city
A quiet place or want to be in the city
Check all the location details before deciding on the city and neighborhood.
Budget
Please review your budget before you make an offer to the seller. When you find your dream summer home in Turkey, people usually stretch their budget; however, it can affect your economy in the future. Before you offer to the seller, could you set your maximum budget for the apartment in Turkey?
If you are buying a new building property, you should consider furnishing costs, too. Furnishing prices about €4K for two-bedroom apartments in Turkey
Size
Please consider why you are buying an apartment in Turkey? for a holiday to use a few weeks during your summer holiday or permanent living. Most foreigners are purchasing a holiday home in Turkey. So you don't need a big home as you are not living permanently. If you are a small family who wants to buy a holiday home, you only need up to two bedrooms.
Choosing a Real estate agency
As an expat, you need a real estate agency to follow all your procedures in Turkey. You'll be able to try to find a trusted real estate agency with good references.
Hunting Turkish Property and Price Comparison
You have different tools to check the Property in Turkey; the most important is the Internet. Please check the real estate web pages and other listing pages like sahibinden.com and emlakjet.com. When you find your dream home in Turkey, please check prices for identical apartments from different real estate agencies before signing a contract. Sometimes, they can put different prices for the same apartments. Could you make sure you get the best possible prices?
Signing the contract
Only sign a contract if it's translated into your language. Read all the details carefully. Property details such as Plot number, apartment number, and address should be written in this contract. The title deed copy should be attached to the contract.
The payment plan should be written and pay a 5% deposit at most.
Estate agency commissions should be written and clear; sometimes the commissions are included in the price, sometimes 3% commission from buyer and seller.
The Deed Conveyance
When you pass all the steps, you are ready at the land registry office in Turkey. The last thing you should check is If there is any mortgage on this title deed. Please ask your translator about this case to ask the officer.
After you follow all these tips, everyone will be safe and happy in the end. Good luck with your new home in Turkey.
