Buy apartment in Turkey – Important details to keep in mind when purchasing an apartment in Turkey
Turkey has always been a desirable destination for many foreigners. Moreover, the Turkish property market is growing day by day. Furthermore, Turkey is one of the most important countries in the real estate field. Thus, many investors wish to buy apartment in Turkey. Therefore, in this article from Ebla Real Estate, we will provide the valued readers with important details to keep in mind when purchasing an apartment in Turkey.
Table of contents:
- Important details to keep in mind when buying an apartment in Turkey:
- Location of the apartment.
- The construction lifespan of the apartment.
- Consult a real estate company.
- Make sure that the apartment details are in line with title deed details.
- Complete the purchase transaction in the government departments.
Important details to keep in mind when buying an apartment in Turkey:
Location of the apartment:
The location of the property plays an important role in evaluating its price and raising its future value, especially if the purpose of the purchase is real estate investment in Turkey.
It is better to choose a developed city from one of the largest Turkish cities to take advantage of the location and features of those cities, such as Istanbul or Bursa. Moreover, it is better to purchase property in areas that are still experiencing growth
In addition, proximity to local cafes, shops, schools and parks; low crime rates; street access and parking as well as access to public transport and being away from the “hustle and bustle” are just some of the attributes worth considering.
The construction lifespan of the apartment:
There are many opportunities and offers for newly built apartments and houses, we advise you to study these offers and choose a newly built house in Turkey. And stay away as much as possible from homes that are over 30 years old.
Consult a real estate company:
Many people think that they can buy property in Turkey on their own and without having to use a real estate company. However, they will face some obstacles due to their lack of experience in the Turkish real estate market. Thus, it is better to consult an accredited real estate company in Turkey. Make sure that the company has offices with real estate consultants who have experience, professionalism and flexibility. Moreover, make sure that the company is familiar with the area, local market, and purchasing procedures.
Make sure that the apartment details are in line with title deed details:
The sales contract must be studied before signing. The Buyer should ensure that the area, specifications, and information contained in the title deed are in line with the actual form of the property.
Moreover, buyers should verify that the property is away from suspicions and legal problems such as seizure, inheritance issues and loans. It is also important to make sure the property you are checking out is legal for purchase and that the deed does not have any outstanding fines or debts connected to it.
Extract real estate appraisal in Turkey:
One of the most important legal standards to consider when buying a house in Turkey is the extraction of a real estate appraisal report as the General Directorate of Land Registry in Turkey issued a decision stating that Real estate appraisal report has become mandatory for every foreigner.
Edited by: Ebla Group Real Estate
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