You cannot make a decision to buy real estate in Turkey without having a clear picture of all the steps you will take. Below we present to you the most important details that interest you about buying real estate in this country.
First Step: Find the right property according to the following stages:
Despite all the facilities provided by the Turkish government to foreigners when buying a property in Turkey, this does not mean that there are no certain methods that you must follow to ensure that you have obtained what suits you.
First: It is necessary to specify the purpose of the property:
Did you know that there are people looking for real estate for sale in Turkey for real estate investment, others aiming for housing, and others who prefer to obtain Turkish citizenship?
Depending on your goal, the criteria on which you will choose will vary. If you want to buy a property for investment, there are many rules and tips that you must take into account in order to achieve the desired success and distinction. But if you want to live and stay here, there is no problem and you can choose what you want, but the advice of an expert or asking for help from a reliable authority is indispensable.
If you wish to obtain Turkish citizenship, you must see all the laws related to this aspect, which are as follows:
- The price of the property must be two hundred and fifty thousand US dollars as a minimum.
- You must pledge not to sell it before three years have passed since the date of its purchase.
- You must specifically buy the property from a Turkish citizen.
- You must check whether there is a previous owner of the property, if he is a foreigner, he must not have the same nationality as the foreigner who intends to buy the property.
- Citizenship cannot be obtained if the property was previously used for the same purpose.
Second: Balance the amount of money available to you:
One of the main steps when buying a property in Turkey is to determine the size of your financial balance in order not to find other costs later that are not taken into account or to have to borrow money to cover it and fall into the problem of not being able to pay it.
Third: Study the property well:
You have to see all the specifications of the property, bearing in mind that you should focus on the negatives and not be deceived by the positives only, and you should also make sure that it fits your goal.
Step Two: Deal with a trusted real estate agent or real estate company:
If you do not have previous experience with buying real estate in Turkey, it is necessary to deal with a real estate company to help you and save you the trouble of random searches.
With the increasing demand for buying real estate in Turkey as a natural result, real estate companies have increased in order to meet their needs and help them, you have to choose the company that you will deal with according to specific bases that we mention to you now:
- It must be reputable in the real estate market and widely known.
- Check out the level of services it provides to clients.
- You can communicate with clients who have previously dealt with it.
- You must meet the company's management in person or make a phone call to make sure of their response to you and your questions and inquiries.
You may wonder about the reasons that motivate you to buy a property in Turkey by hiring a real estate company. In the following paragraph, we will elaborate on the matter for you:
- It shortens a lot of procedures thanks to its extensive experience in the real estate market in Turkey.
- It will ensure that all the steps it takes are 100% legal, because the reliable company deals with an empowered legal cadre that can detect any defect, if any.
- It has distinguished relationships with the most important construction companies, and thus you have a greater opportunity to buy a property with high quality specifications, at attractive prices and discounts.
Third Step: Review the most important tips that have been provided in this field:
In order to ensure that you have obtained an exemplary and distinctive property, you must take into account all the advice given by real estate experts in this regard, and this is what we will present to you as follows:
- Beware of becoming a victim of real estate fraud by showing you the most popular methods.
- Make sure that there is no restriction, seizure or mortgage on the property as this negatively affects its value.
- If your goal is to invest in real estate, be sure to choose a distinguished geographic location close to mega projects.
- If you do not have enough credit to purchase a ready-made apartment, you can search for an apartment under construction.
- The real estate appraisal document is extracted in three days, as its importance lies in the fact that it accurately determines the value of the property.
Did you know that the real estate market in Turkey is one of the safest real estate markets in the world? This is what prompted many foreigners in the world to search for real estate for sale, based on this great demand. There have been many questions about this topic, most notably (how to buy a property in Turkey). This is what we have tried to present in this article. We hope that we have answered all your inquiries.
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