Buying a property in Turkey is an important and interesting step and it is beneficial to own a property in this beautiful country, however, the process can be difficult and complex and requires sufficient and comprehensive research for the transaction to be completed successfully and in this article, we will discuss some of the mistakes that you need to avoid when buying a property in Turkey, to ensure that you have the perfect buying experience.
Avoid falling into the real estate scam trap
When buying a property in Turkey, you must avoid falling into the trap of real estate fraud and it is advised that you do not rely on yourself to purchase, as this can lead to common mistakes, instead, you should get the help of experienced and reputable real estate companies to ensure that you get adequate information.
One of the things related to buying a property in Turkey is that there are negatives that you may encounter and the negatives include that the property has lost its material value in light of economic crises, which is not only in Turkey but in all countries of the world and therefore, this matter must be taken into account and the factors affecting the increase in the value of the property must be looked for within the country in which you plan to buy the property.
You must also take into account the legal procedures, and ensure the legality of the property before purchasing it is advised not to rely on unofficial documents, to inquire about news related to real estate from the relevant government agencies, and to transfer funds to trusted accounts to avoid real estate fraud.
Care must also be taken in choosing the appropriate real estate agent, and avoid dealing with unlicensed agencies whose credibility is difficult to verify finally, a comprehensive examination of the property should be conducted, the condition of the property checked, and the opinions and previous experiences of the previous owners of the property heard to confirm its condition.
While taking care to follow the recommendations and avoiding common mistakes, it is possible to buy a property in Turkey with ease and ease and enjoy the advantages offered by this country in the real estate sector.
Failure to monitor the material budget and specify the purpose of the purchase
When buying real estate in Turkey, many buyers can face common mistakes, including not monitoring the material budget and setting the goal of the purchase some people may fall into the trap of thinking about buying a property after receiving a good offer, but they have not reviewed their financial budgets and do not know how much money they can allocate for this purpose and therefore, before embarking on any purchase, the priority must be directed to clearing the budget and determining the extent of the financial sustainability to purchase the expected property
The purpose of buying the property must also be specified, is it for investment or housing? This type of decision must be made before embarking on a search for real estate options and if you intend to invest your money in real estate in Turkey, you must choose areas that require high prices while ensuring a good return on investment, while if the goal is housing, you must focus on areas that provide all services that meet daily needs, and that suit the lifestyle you seek.
Do not hesitate to cooperate with a reliable real estate company, as this option includes a specialized consultant who will provide you with all the necessary details and information about the property, such as its price, location, and availability of services and facilities provided by real estate companies.
Once the material budget is confirmed and the purpose of the purchase is determined, the buyer proceeds to the third step, which is to search for information related to the area, which includes the real estate market, the population there, schools, hospitals, and recreational places available in it, as well as the public services available in it and all these essential factors must be taken into consideration before making any purchasing decision so that they are in line with the previously defined objectives
After completing the search, the desired property must be inspected in detail and all its details must be verified with the help of a real estate consultant, appropriate prices for the property must be determined using price comparison lists in the area of desire and you should also focus on companies that are reliable and conform to international standards in the field of real estate development, as these companies guarantee you a high guarantee of quality and ease of legal procedures.
Finally, you should not hesitate to reach an agreement with trusted real estate companies and agree to the systems available for purchase, such as cash or installment payments, as these systems can differ from one region to another, and from one company to another.
Not choosing the right time when buying a property in Turkey
- According to real estate investment experts, the current period is the best for buying real estate in Turkey due to economic stability and rapid recovery from previous crises.
It is also possible to obtain Turkish citizenship by purchasing a property worth 400 thousand US dollars, which makes the current period an ideal opportunity to invest in real estate.
A report issued by specialized authorities shows that the winter season is the most suitable for buying real estate in Turkey because it witnesses a decline in demand and thus prices drop.
In addition, you can benefit from winter offers and discounts offered by some companies.
Also, the months of March and April are the best for buying real estate in Turkey, as the demand is less and the supply is greater.
In addition, the spring period can be used to prepare the property for rent or housing before the summer season.
Sometimes searching for real estate in new neighborhoods is a good option, where prices are lower and opportunities are greater.
The new neighborhoods are also characterized by urban development and improved services, which adds value to the property in the long term.
If you want to buy a property for investment, buying a furnished property adds a high value to the property and increases its rental value.
The furnished property also attracts certain categories of tenants such as students, small families, and travelers looking for comfort and ease.
Get the best real estate offers in Turkey and Istanbul through your continuous communication with our consultants and your follow-up to our website, as many opportunities await you, so do not delay in obtaining the best of them.
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