Posts Tagged ‘Guide’

Turkey Property Buying Guide

Tuesday, September 22nd, 2009

Buying a property in Turkey is a great investment in your vacations and your future. With prices rising in Florida and Eastern Europe, Turkey is fast becoming the best place to buy property for vacations or investment purposes. The summers in Turkey last from March to November, making it the longest summer vacation spot, and perfect for renting for an extra income. Additionally, finding property for sale in Turkey is very easy to do.

Due to the growing demand for quality properties in Turkey, combined with new real estate legislation, natural disasters, and the age of the current properties, the prospect of new construction in Turkey is immanent. Within a few years, the prices for quality properties in Turkey will be rising. Now is the best time to buy a property in Turkey for investment.

The first step to buying a property in Turkey is to make sure that you have enough money to invest. The prices for property in Turkey are currently running between twenty thousand and one hundred thousand pounds. The price of the property really depends on location, age, and size. Until very recently, property in Turkey had to be paid for in cash. Since March of 2006, however, mortgage laws have been passed and mortgage companies have begun to work with Turkey property owners and buyers.

The next step to buying a property in Turkey is to contact real estate agents or owners of property for sale in Turkey. You can find properties for sale in Turkey by looking through Turkish newspapers. You can also find properties for sale in Turkey by going through real estate agents. Finding real estate agents in Turkey is as simple as doing an internet search for real estate agents in Turkey.

You may also wish to contact a solicitor. There are many laws and regulations that must be followed when buying a property in Turkey. Additionally, there are can be translation issues as well as important steps such as contracts to be signed. Having a solicitor help you with your purchase of a property in Turkey will help to ensure that your rights are being protected and that you are getting the best deal possible.

Another reason to hire a solicitor is to assist in translation issues. The contracts that you will need to sign in order to buy a property in Turkey will more than likely be presented in Turkish, especially if you buy from an owner directly rather than through a real estate agent. A solicitor can assist you in protecting your rights by having the documents translated into English.