Many people buy Turkish property to reside there, study, spend a vacation, or obtain Turkish Citizenship. An increase in buying property in Turkey, is due to the prosperity and increasing growth of the Turkish economy, as well as the new legal facilities issued by the Turkish government for foreign investors, and many people buy apartments as a starter home.
Buying real estate in Turkey has generated huge results on the web, and many real estate companies offer this service. Here are a few suggestions in this area, some specific to the property in terms of location, space, infrastructure, and other factors. How to buy property in Turkey is worth a read.
Consider the size of the property, its partitions, and the views
Does the number of rooms match the number of family members and their ages? In terms of the properties view, if it faces the top north side, for example, it may not receive sunshine throughout the year, resulting in a rise in humidity in the property and, as a result, an increase in energy and heating consumption. Furthermore, the property may view a neighbouring building, which will impede light and vision. Windows should also be examined, including their size, convenience of opening and shutting, and the quality of the glass used.
Making changes to the property after you’ve bought
The buyer may want to purchase a property, but only on the condition that he make some future adjustments to it. In this case, the buyer must calculate the costs before buying. The improvements may cost him more than he anticipated, and he expected additional expenses that were not factored in. In this instance, consulting an engineer or professional is recommended.
Examine the properties infrastructure
This is sound advice for anyone looking to buy a home in Turkey. Electrical, gas, and heating installations, water taps, and other similar items must all be checked for quality. All of this will save the buyer money on future maintenance costs that may arise if these checks are not completed early. There is no obstacle to inspecting the building’s basement and, if applicable, the parking lot. The buyer has the right to review all of the property before making a decision.
Before purchasing a property in Turkey, investigate if the neighbourhood is noisy
This means that the buyer double-checks that the property or building is not in an uncomfortably noisy area. If the building faces a public square or main street, or in restaurants or commercial establishments occupy the first floor, the noise level will be higher, mainly if the apartment acquired is on the first floor. The apartment’s location about the city, that is, how close it is to schools, universities, hospitals, public transportation, and marketplaces, should also be considered.
Being aware of the properties monthly expenses
The buyer should determine how much the monthly expenses are paid to those in charge of the building or residential complex where the unit is located worth. Cleaning, security, lighting, and public facility upkeep, for example.
Request information on possible payment methods
Is it possible to pay installments, or does it need to be paid in full? If the purchaser wants to pay in installments, it is best to pay half of the total cost, or 40%, in one payment and the remainder in installments. If the buyer pays the entire amount before the stated date, he may be eligible for additional discounts.
Other tips for lawfully purchasing a property in Turkey
It is best to deal with reputable and well-known real estate companies. Please read the regulations governing foreign real estate ownership in Turkey. The costs and taxes, such as the purchase tax and sales tax, and some fees, such as notary and stamping fees, should be known in advance.