Real Estate Turkey 101: How to Buy Real Estate in Turkey
If you know how to buy real estate in Turkey, there are various steps that you need to undergo to ensure that you successfully complete the entire process within the necessary timeframes. As opposed to local citizens, foreigners will have to follow certain steps to buy the property that they need.
Following these steps make sure that you complete this complicated and stressful task in the fastest and safest way possible. The following steps will help you do the right thing:
The Turkish real estate market is in constant growth. If you know how to buy real estate in Turkey, you will know that there are many properties and agents in the market. Try to research about your new property in terms of price, lifestyle, requirements, and so on.
Look For A Professional Agent
If you are a foreigner, getting a trustworthy real estate agent like Maximos Real Estate will save you money and stress. Get an English-speaking real estate agent and let them know what you need in your new property.
Make sure that you choose a local real estate agent who is very familiar with the local market in your preferred area.
Consult With Your Property Agent
Before jumping to the streets with your real estate agent to look at available properties, it is important that you let him know what type of property you want. If you have pictures and sketches, now will be the best time to show them to the agent.
While the process of buying a property in Turkey can be done entirely overseas, it is recommended that you visit the county.
This will help you visit the surrounding areas of the property location. It will still help you to try out various food outlets and restaurants to appreciate the location.
Inspect the Properties in Turkey
You will need to get a real estate agent from a reputable agency to help you organize an inspection trip. You may need as many as four days to view several homes on the market.
Get a real estate agent to show you available properties in the market and what it will cost to buy them.
Explore Your Options
In Turkey, there are many beautiful and well-designed properties. This is the best time for you to explore all your options. Ensure that the properties that you visit are aligned with your requirements.
Negotiate Property Price And Terms
Negotiate the prices of the property. If you are totally clueless about negotiation, allow your real estate agent to do this for you.
Many real estate agents have a long network of affiliations and contacts, that will help you get the best packages.
Reserve The Property
As soon as you have located the right property you can get your estate agent to reserve the property on your behalf. There is usually a cost attached to the process of reserving properties.
Get A Lawyer To Purchase The Property
If you want to easily purchase property in Turkey without much stress, you will need to get a lawyer.
With a lawyer, you can decide to travel out of Turkey to your native country. The lawyer will handle all the transactions accordingly.
Conduct A Final Property Check
After you have signed the final contract of the property, the process can be completed in about four weeks.
Get Your Property Title Deed
Receiving your title deed is the final step to buying the property. This title deed is called Turkish TAPU and is a powerful document that allows you to claim the property.
Take Possession of Your Property
Finally, you are now able to take possession of your property.