Are you looking for an apartment for sale in Turkey? Do you want to invest in the Turkish real estate market? If the answer is yes, then you have found the right place Turkey is a popular destination for many investors looking for diversification in their investment portfolio and if a used apartment is what you're looking for, don't worry, it could be the right choice for you.
Advantages of searching for used apartments for sale in Turkey
Firstly, used apartments in Turkey may be in quieter and more comfortable neighborhoods away from the hustle and bustle of the city and this may be important for those looking to refresh themselves after a long day at work.
Secondly, used apartments can be found in historic Turkish neighborhoods such as Sultanahmet in Istanbul, which take you back in time, but make sure you meet the safety and health standards before you buy them.
Thirdly, used apartments are available for sale at lower prices than new apartments and some may be fully furnished, which can save money on furnishing costs.
Fourth, when you buy a second-hand apartment, you may suggest negotiating the price with the seller and it is possible to get a good discount if you provide full cash.
Disadvantages of Buying Used Apartments in Turkey
Used apartments for sale in Turkey have become a popular choice among buyers wishing to obtain apartments at a lower cost than new apartments, but they include some defects that buyers must take into consideration before making a purchase.
The first defect related to it is the lack of options to customize the interior or exterior design the way you want it, as it is apartments that have their appearance and design, which are often different from the new apartments.
Moreover, some used apartments require maintenance and renovation work before use, which increases costs in addition to the time needed to complete these works.
Other disadvantages of buying used apartments in Turkey include the limited guarantees available, as the guarantee is not available in the same form and manner in the new apartments, and also, the investor needs to beware of frauds that can be carried out by buying some used apartments that are not well supervised.
Finally, it should be noted that buying used apartments in Turkey depends heavily on the number of previous owners and the changes that are made every period, which does not allow the buyer the level of full control over those apartments as it happens in the case of new apartments.
Advantages of buying new apartments in Turkey
Buying a new apartment in Turkey is an excellent option for many people who are looking for a stylish and comfortable home to live in or as an investment.
New apartments in Turkey have many advantages, including the availability of the latest technology and modern necessities that meet the desires of every individual.
There are many different options for choosing a new apartment in Turkey, starting from the city and the neighborhood to quality standards, space, and room arrangement.
In addition, buying a new apartment allows the buyer to design and equip the apartment according to his tastes and requirements, and he can choose his favorite colors and furniture.
Buying a new apartment in Turkey can provide more comfort, security, and reassurance to the buyer due to the need to implement quality and safety standards in new buildings by developers.
It also allows the buyer to choose from a wide range of strategic locations and high-end areas in Turkey, which gives him a good investment opportunity in the future.
New apartments in Turkey are an ideal choice for investors who seek a better return for their money and thanks to the growing interest and demand for real estate in Turkey, investors can achieve high returns.
Cons of buying new apartments in Turkey
Buying new apartments in Turkey is a popular choice among some investors, but it has some drawbacks that must be taken into account, so what are those negatives?
Firstly, it requires a large amount of payment for the apartment and the establishment, which increases the total cost of completing the transaction.
Secondly, investors may have difficulty finding a suitable new apartment in the modern and desirable areas of Istanbul, forcing them to head to other cities.
Thirdly, the space available in new apartments can be limited, which means that you will be paying a high price for a small apartment.
Fourth, investors may face some problems and challenges in obtaining building and design permits and legalizing the status of the property.
Fifth, there may be problems with the regularity of the delivery date that was determined in advance, which affects the investors' investment plans.
Steps to buy a used apartment in Turkey
Thorough research should be done about the neighborhoods in which the buyer wants to live, and the availability of basic services such as schools, hospitals, and shops in these areas.
In the next stage, the buyer should search for reliable and experienced real estate agents in Turkey and find real estate brokers to help him search for used apartments that fit his budget.
After finding some suitable used apartments, the buyer must check the condition of the apartments and the quality of the furniture and fixtures, in addition to drawing on the property registry and determining a reasonable price for the apartment.
After making the final decision on the apartment, the buyer must agree with the seller on the price and purchase procedures including agreeing on the sale and purchase contract, arranging the payment of the deposit, and the transfer of ownership in the property registry.
The buyer should beware of electronic fraud should not transfer any funds to unknown accounts, and verify the authenticity of all official papers and contracts of ownership.
Tips when searching for used apartments for sale in Turkey
First, it is recommended to cooperate with a reliable real estate company approved by government agencies and it is also advised to ensure the authenticity of official documents and papers.
Secondly, you should study the real estate market and the areas that suit your needs and budget, and information and recommendations can be searched on the Internet and social networking sites.
Thirdly, before buying it is recommended to visit the used apartment and inspect it carefully and the quality of materials used in construction and the condition of finishes, electrical appliances, and plumbing should be checked.
Fourth, to get a good deal, you can negotiate the price with the owner or real estate broker.
Fifth, you should pay attention to the fees and taxes related to the purchase of the property and the transfer of money from abroad.
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