Selling property in Turkey
Turkey is one of the most popular places for real estate investment. Many investors buy and sell properties. Therefore, in this article from Ebla Real Estate, we will provide you a guide on selling property in Turkey.
The best way to sell property in Turkey:
The best way to sell property in Turkey is to find a reputable real estate company with a zero-fail delivery record and a strong marketing network for both domestic and international buyers.
One of the most prominent and important real estate companies in Turkey is Ebla Real Estate Company. It provides real estate services in Turkey, including:
- Providing consultations on large and small projects, as Ebla Real Estate specializes in buying and selling real estate with legal procedures and guarantees.
- Meeting the requirements of the real estate market.
- Guide the customer to purchase the appropriate apartment in terms of the appropriate location for his purpose of purchasing the apartment, taking into account the apartment’s proximity to vital centers “commercial centers, markets, schools, hospitals, etc.”
- Ensure the right of the client and help him to sell the property at a good price.
- Choose the right time to buy or sell.
The best time to sell property in Turkey:
Turkey is a tourist destination due to its natural beauty, archaeological wonders, favorable climate, low cost of living, and diverse landscape. It witnesses great turnout, especially in the summer season. Therefore, investors sell their properties during the tourist season as prices become higher.
Selling the property in Turkey:
You can sell a property in Turkey in a few simple steps:
- Find a reputable real estate company.
- Discuss your needs and preferences with the agent. Negotiate commission fees and the scope of services you will need to sell your home.
- Sign a contract with the real estate company.
- The company will show it to potential buyers.
- Upon completion of the deal, the real estate agent will help you complete the sale by submitting the following documents to the land registry office:
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- Copy of your property ownership document (TAPU).
- Notarized ID (translated passport copy).
- Your Turkish tax ID.
- 2x passport size photos.
- Compulsory earthquake insurance (known as DASK insurance).
- Municipality value document.
- Property evaluation report.
Cost of selling property in Turkey:
The costs of selling property in Turkey and taxes can vary depending on your region and choice of real estate agent (for their fees). However, you can expect to pay the following when you sell your property:
- Real estate agent fee.
- Notarization costs.
- Two percent (2%) sale tax based on the agreed selling price.
- Earthquake insurance (which you should already have, but if not, you will need to buy before you can sell).
- Property evaluation costs and property survey report costs.
Edited by: Ebla Group Real Estate
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