How Easy is it to Buy Real Estate in Turkey?

Buying a property in Turkey can be intimidating with all the paperwork, which is why our guide will show you how to make the process as easy as possible and get you into your new home faster.

From gathering available property information to finding an agent and making sure your mortgage terms are correct, we'll guide you through the process step by step. So you know how easy it is to buy property in Turkey. And what to expect at each stage and how to do it all quickly and easily.

Please Investigate

This has slowed down the property buying process, even as Turks try to attract new foreign investors to build more homes. Regardless, the process of buying a property is lengthy and can get expensive without prior research.

Foreigners should work with a lawyer who speaks their native language and help with paperwork. Generally, homebuyers need to go through this step to find a good home.

Find Consulting Turkey Real Estate Brokers

If you are interested in buying a property, it is best to have an agent who knows the area and can help you find an agent that suits your needs.

We are trusted advisors who can help you realize your dream home or property. As a reliable proxy, we make the process easy.

Build a Good Relationship With the Agent

Another step is to develop a good relationship with your real estate agent. This step can be quick and easy if you're trying to make a decision, or weeks if you're shy. It is best to have an open discussion with a real estate agent about your needs for the property.

If not, it may be difficult for the agent to understand your preferences.

Explore All Options

Many people may find it difficult to know where to start, what to do and how long it will take. If you are one of these people, don't worry.

You should also research your options for obtaining Turkish citizenship and residency and decide which category best suits your needs. Once this is done, the next step is to find out what you need from a personal perspective (such as financial stability) and an administrative perspective (such as a name change).

After that, try to find out which housing option is best for you: an apartment in Istanbul or Ankara, or a country house. Or are you interested in buying land close to the beach or mountains?

You may also want to explore funding ideas before getting too involved in research. So, discuss their terms with banks and other potential lenders. Find out if there are any restrictions on non-Turkish citizens owning property in Turkey.

Reserve the Property to Freeze the Price

Preserving the property while you build your finances can save you time and money. You can't be sure other interested buyers won't come, so keep the property on hand to have a first option. The booking process can cost you around EUR 1,100 and this is non-refundable. When you're ready to buy, be sure to compare all offers.

If others make more offers for the same property, keep negotiating until you find common ground - this will help secure a sale.

Appoint a Solicitor Who Can Conclude Your Purchase

When you have decided to buy property in Turkey and found what you need, it is time to complete the buying process. However, you can make the process smoother by granting your power of attorney. A lawyer plays an important role in closing a transaction on your behalf.

Negotiated Price

While it is possible to buy a property without the help of an agent, it is usually more expensive than going through an agent. The good news is that they have the experience and knowledge to be an effective negotiator, saving you time and effort. Remember, hiring us to provide real estate advice gives us the authority to negotiate on your behalf. It's our job and we do it to make sure we get the best price for you.

But also keep in mind that in Turkey you will pay the utility bills associated with buying a property, albeit lower than in Italy, France and Spain. So take this into consideration before making a budget.

Comparative data is important information in price negotiations. A comparable sale is basically another house or building that recently sold for a reasonable price. When looking for similar properties, consider the size, square footage, location, and similar conditions of the home.

Finally, Check the Properties

Once you find the right property, inspect it for defects and other features such as roofing, plumbing, building orientation, electrical and HVAC systems.

Once the architect or engineer has edited, approved, and signed off on these, it's time to complete the purchase. Next, the contract is signed; the process should not exceed four weeks. An appointed attorney should handle your business while the proceedings continue. This will save you time; so you don't have to be nearby.

Register Your Title Deed (Tapu)

Finally, you complete the property purchase process by registering a Turkish title deed. Therefore, you must have all the documents that both parties are committed to. They make sure the property is registered with your details and a title deed is received.

Conclusion

How easy is it to buy a house in Turkey? Buying a property is not always easy, but you will find it more convenient to buy property in Turkey.
The process is not tedious and you can get help from your real estate agent and lawyer. After completing the above steps, your process will go smoothly.