Real estate in Turkey-Everything you should know

27.07.2020

Where is the best place to buy Real estate in Turkey?

To determine the answer to this question, you must take into account 3 crucial factors:

  1. The budget
  2. The reason for buying
  3. The lifestyle needs

If you are looking for posh and premium places, look for areas like

  • Beyoglu
  • Fatih
  • Sultanahmet
  • Galata
  • Taksim
  • Kadikoy and Uskudar and many more..

These places are the center for tourism, nightlife, and shopping and hold the heart of the city.

If you are looking for normal to mediocre places to buy property, then look for areas like

  • Bakirkoy
  • Kucukcekmece
  • Beylikduzu, and many more...

These areas are still developing, and the price per square meter is also low.

Why should you  invest in a property in Turkey?

The real estate market in Turkey is growing by leaps and bounds. Annually over 3 million tourist visit Turkey both for a brief-term and long-term basis and looks for properties to rent.

If you have a property in Turkey-and in case you are not using it-rent your property and earn good returns.

Real estate developers in Turkey are not building properties just to replace the old homes. They are trying to take the real estate game further by constructing trendy, modern design buildings and apartments incorporating every feature one desires to have in their home.

Buying a property in Turkey is more than just an investment. It is like getting a step closer to a better and luxurious lifestyle.

How to buy the best Real Estate in Turkey?

Generally, you can hunt for the real estate in Turkey in 3 ways:

  1. Through an Emlak: These people are real estate agents that keep Turkey’s housing market ticking. You get plenty of options to choose from. But you need to pay an additional commission for their services.
  2. Directly from the owner: This is one of the easiest and safest way to find the best real estate in Turkey. Though it is safe without incurring an extra commission cost, the options are limited.
  3. Through agencies: You can directly contact real estate agencies, and they will assist you through the journey.

It takes an average of a week or more for the entire process to get through. Take your time and invest in the best.

Points to consider before buying real estate in Turkey 

  • Choose your real estate agent, mindfully, before you make any investment. They are your guide in buying the best real estate for sale in Turkey, so they must be trustworthy.
  • Take a thorough inspection of your property before choosing- the resilience, the structure, the feel many more.
  • Choosing the right neighbourhood is of utmost importance and it drastically affects the price of the property.
  • Understand the Bureaucratic Side of Things. Check out the guidance page of the Republic of Turkey Ministry of Foreign Affairs, to get more information.

Final words

Being of the most largest and popular country, the real estate market in Turkey is a hotbed. Investing in real estate in Turkey is the perfect way to get your foot in the Turkish property ladder.

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