Buying Property in Turkey as a Foreigner

To avoid turning a blessing into a nightmare, you want to know the correct thanks to buy property in Turkey. Our land consultants have put out an inventory of the foremost important aspects to contemplate. It’s best if you follow the guidelines so as to realize the foremost satisfying experience.

1- Define Your Goals

Before venturing on to browse your options, ask yourself what you would like the property for? Is it for investment? For citizenship? Or for residence? What variety of neighborhood are you interested in?

These are the highest 3 reasons internationals invest in property in Turkey. But if you don’t define your goals and instead begin exploring your options, you will lose your purpose. Especially during a market where many options are appealing, it’s hard to sway off your path with no anchor.

Detailing your interests and objectives will provide you with visual defect throughout the method. And likewise, you’re less likely to be disappointed by an overpriced purchase that doesn’t meet your standards.

2- Partner With a Reliable Agent

Long gone are the times where buying property solo was seen as a sensible move. Contrary to past trends, many property buyers are partnering with a true estate agency for a successful purchase. Do your research so you simply work with a reliable agent with a decent reputation.

Agents facilitate your explore your options during a tailored-to-you manner. You tell us your goals and that we work in step with them. If we discover that your options aren’t matching your goals, we’ll redirect your options.

But most significantly, land agents are back in trend because they oversee your purchase. Our experts at Property Superiors will monitor your buying process ensuring it’s all legal.

We’ll also facilitate your in your post-purchase process as you compromise. And just in case you’d prefer to travel abroad, we’ll manage your property in Turkey during your absence. Many of the services we offer are centered around your comfort.

 

3- Coming to Turkey

After finding the correct assets agency in Turkey, it’s time to arrive within the country. Upon your arrival, you’ll resume work supported the web consultation you had beforehand. we provide VIP services at Property Superiors which will make your arrival in Turkey a breeze. From hotel reception to non-public transport, accommodation, and professional Interpretation.

4- Property Touring

After exploring through videos and pictures of projects; select the projects that best fit your preference. At Property Superiors we coordinate a property touring plan in a very time-efficient manner moving across neighboring districts.

We provide a deluxe private car to move you round the projects. you'll be in the course of agents who will negotiate for your interests. They’ll also allow you to know whether a property is overpriced or underpriced, and normally, offer you transparent information.

5- Property Inspection

If you’re buying a second-hand property, you will must run an inspection to spot all the issues. Our team at Property Superiors will facilitate your find professional services to simply and reliably complete the method. We’ll inform you if the property is worth buying. Noting again that inspection is barely necessary for second-hand property. New projects don’t require inspection.

6- Closing the Acquisition

Here you’ll must do all the legal paperwork for the acquisition. At Property Superiors we offer top-tier lawyers to handle your closing process. We’ll ensure your title is legal, your documents are proper, which the contract includes all the small print. Generally, the buying process may take anywhere between 3 to 4 weeks to end.

Our experts will overlook your payment process. Explaining the deposit and defining installment options.

7- Registering Your Deed of Conveyance

To conclude your purchase permanently, you’ll must register your deed at the local tax office. Our experts will facilitate your perform this process. Throughout your buying process, you’ll always have an interpreter by your side. Similarly with registering your deed of conveyance.

8- Opening a Checking Account & Connection Fees

As a landowner in Turkey, you'll should open a checking account. to try and do this you would like to first obtain a tax number, but you don’t have to worry about this because our experts will handle this for you.

Next, you’ll must pay a one-time utility deposit that’s refundable for gas, electricity, and water. Again, our experts will overlook this process and guide you until completion.

If you’re buying an old building, you'll must get earthquake insurance. Newer buildings are all developed to be earthquake resistant so this insurance isn’t necessary.