| Real estate agencies in Turkey are the safest way if you want to rent or buy a property in Turkey. Please make sure they are a licensed agent in Turkey and very familiar with the Turkey property market.
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Finding a Property in Turkey
Finding a Home in Turkey
If you plan to rent or buy a property in Turkey, finding your property will be a major step in your relocation to Turkey. If you have not lived in Turkey, you should rent rather than buy your property in Ankara, Izmir, Istanbul, Bodrum, Antalya and Bursa at least for six months. If you would like to rent or buy a real-estate property in Turkey you may email us at info@asinah.net with your real-estate questions
It is the best way to know not only if Ankara, Izmir, Istanbul, Bodrum, Antalya and Bursa is the place you want to live or retire for the next few years, but also if Turkey is suited for you.
Apartments & Houses in Turkey
If you are planning on living in Turkey, it is likely that you will be living in an apartment/condo versus a house.
Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.
Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don’t count on real-estate agents in Turkey to point out the negatives of a place they’re trying to rent or sell you.
Turkey Real Estate Agencies
Real-estate agencies in Turkey advertise in local Ankara, Izmir, Istanbul, Bodrum, Antalya and Bursa newspapers and as well on their office windows.
You should be able to notice a real estate agency in Turkey by the window full of ads for the different apartments or houses they have available for rent or sell in Turkey.
Before you begin working with an agency in Turkey, check that their fees are acceptable and that they are a member of the Turkey Real-estate Assocation. In most rental agreements in Turkey most agencies charge a month’s rent for a twelve-month rental agreement.
When selling a property in Turkey, real-estate agents in Turkey usually charge between 2.5% and 3% of the final sales price.
After coming to an agreement on a rental or purchase, both parties in Turkey sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Turkey with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Turkey will be affixed to the agreement.
Renting
Real estate agencies in Turkey are the safest way if you want to rent or buy a property in Turkey. Please make sure they are a licensed agent in Turkey and very familiar with the Turkey property market.
Local newspapers in Turkey also advertise apartments and houses for rent, but word of mouth is the best way in Turkey. If you are currently an academic in Turkey, you could check local at local universities in Turkey, where apartments or rooms for rent are commonly posted.
In general rental rates in Turkey, increase by a small percentage each year in accordance with the government’s annual cost of living reports in Turkey. You can find yearly leases in Turkey, and more short-term housing is available near academic institutes or around tourism areas within Turkey.
Short-term tourist housing in Turkey is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Turkey.
If you want to buy a property in Turkey, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Turkey to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Turkey.
If you are buying a brand new property, you’ll need to pay property tax in Turkey. If your purchase is a luxury property, you may have to pay local taxes in Turkey and possible stamp duty.
Even as a non-resident homeowner in Turkey, you may become liable for all kind of taxes in Turkey, including income tax.
Turkey Mortgages
If you plan to take a mortgage in Turkey you need at least a 20% downpayment of the purchase price of the property in Turkey. Even if you generate rental-income from renting your Turkey property out, it is not considered by most lenders as you may decide to move in, at a later time.
Property Types in Turkey
Turkey Multi-Family
Traditional, multi-family residential complexes located in Turkey and suburban markets of Turkey.
Turkey Mixed-Use
Properties in Turkey that integrate and combine residential with different uses, including retail and office spaces.
Turkey Office
Traditional office or office type properties in Turkey.
Turkey Retail
Properties in Turkey with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Turkey.
Turkey Light Industrial
Single- or multi-tenanted spaces in Turkey used for warehouse, manufacturing, distribution, or research and development in Turkey.
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