Is it safe to buy property in Turkey?

If you want to buy an apartment in Turkey, we recommend that you read this article.

Over the past 10 years, Turkey has chosen the purchase of real estate. Initially, the rush to buy here was caused by incredibly cheap prices compared to most European cities. There are also many good offers that attract the attention of investors and buyers.

These were terrible historical facts about what people buy here or don’t get what they think. This is the same as getting from your so-called “investments”.

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Despite the fact that these things were rare when things did not go according to plan, noted on social forums, etc. Such messages can lead to poor reputation of agents throughout Turkey.

The government helped establish stricter control and punishment measures.

This should mean that you have to take everything for granted and have fun. If you do everything right, buying property in Turkey is very safe.

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Safe way to buy property

The first thing you should do is find a reputable lawyer. Some people say that you do not need a lawyer to buy real estate and you can simply use a real estate agent to make the necessary documents, but the presence of additional assistance from an independent lawyer ensures peace of mind for the buyer, which is important when buying a home abroad.

A real estate agent can work with a lawyer to draw up contracts, and the buyer knows that he has someone acting solely on his behalf and not other parties. A real estate agent offers other services that are also invaluable to a foreigner living in a new country, such as assistance in obtaining a tax number, bank account, applications for

obtaining a residence permit, connections to water and electricity, insurance and even furniture, if required.

Despite the fact that the real estate agent must check the title documents before advertising the property to make sure that the person claiming to own the property really owns it, the lawyer will perform the necessary checks on the title documents on your behalf to make sure that it is they who do. They should also check if the documents were provided as security for any loans or if the owner has any outstanding debts for which you could be liable if you purchased real estate.

When a Turkish citizen wants to buy a house here in Turkey, he can get title documents in a day or two, but foreigners require permission from the military. The reason for this is that foreigners are not allowed to buy property near any military bases. Previously, an application to Ankara required from 3 months to a year, but in 2012 a major reorganization of the system was carried out, and now everything is done at a more local level, which means that it takes about 4 weeks.

As a rule, you have to pay some money in advance and the balance when you receive the Document on the right of ownership (tapu in Turkish). In the past, due to the length of time that the buyer had to wait for his money, if he waited for the TAPU to appear, you will pay 90%, but now they may be ready to accept a smaller down payment, which again provides you a bit more peace of mind. Again, this should be discussed with you, a real estate agent and lawyer and written in the contract.

You may also be interested in the standard of buildings in Turkey. After the strong earthquake in Istanbul, each new building must meet certain standards and take these checks very seriously. Builders can go to jail for up to 5 years if they do not comply with these requirements, and again, due to increased purchases by foreigners, companies raise their standards to meet the concerns of their customers.

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DO NOT buy property from a waiter, jewelry retailer, etc.

Thus, provided that they deserve respect. How long have they been in business? Do not buy from a waiter or someone who knows someone.

In addition, you can communicate well in English. This is just what you want to create misunderstandings!