By: mytapu webmaster | January 28, 2019

What does a good property investment in Turkey Look like?

What does a good property investment LOOK like? Well, maybe it isn’t obvious from looking at pictures on the internet. Or maybe it’s more accurate to say, it’s not very professional to begin your search for a good investment by looking at glossy pictures on agents’ websites. A professional approach begins differently, with a smarter way of making money, and achieving lifestyle aspirations, when buying a residential property for your own use, long term or holiday rental, or all combined.


A good property investment looks like this: the purchase price is at a discount to ‘fair’ market valuations; the rental income exceeds the mortgage interest rate for the period it is held and owned, or exceeds the inflation rate if a mortgage isn’t used; ...

By: mytapu webmaster | January 28, 2019

Why Register Your New Habtation Certificate (Yapi Kagit Belgesi) on Your Tapu 


 Question: Should I have the new habitation certificate registered on a new tapu now, or can it wait?

 

Clarification: Obtaining a newly updated tapu which shows the new habitation certificate, the Yapi Kagit Belgesi, has been issued, is a good idea to have done now, and here’s why. On many old tapus, the status of the planning permissions (and other things such as ownership) is not always clear, and often ambiguous. This is partly because different land registries in Turkey did things differently from one another at different times in the past. (How and why this occurred is another story, with historical and cultural context dating from Ottoman times.) Slowly matters are converging towards standardisation. So on an old tapu...

By: mytapu webmaster | January 17, 2019

Buy Property in Turkey?  Why?  1) Investment Merit 2) Lifestyle Advantages

Why Buy Property in Turkey?

  1. Investment Merit
  2. Lifestyle advantages

 

If you are rightfully skeptical, then never mind the boastful, unsupported reasons you may have read about.  


As an investor, your judgement relies upon more than hot air. You will know that buying, holding, and ‘hoping’ that prices go up, is a fool’s errand. That type of price increase, is only reflecting inflation. A professional investor makes money above and beyond the inflation rate, by following the old investment adage, ‘make half your profit on the way ‘in’ when you buy, and half on the way ‘out’ when you sell’. So consider the facts about how exactly this opportunity presents itself to buy property in Turkey, now:

 

Investment Merits

 

Capita...

By: mytapu webmaster | January 16, 2019

Habitation Certificate Registrations Turkey






Habitation Certificate Registrations

 

Have you applied for the Iskan Amnesty and received the assurance of a ‘habitation certificate’ with the new ‘Yapi Kagit Belgesi’ ?

 

Perhaps you may like to register it on your tapu, and thus finally eliminate all questions about your tapu status, now and for the future?

 

Brief Clarification of Issues Related to 'Habitation Certificate Registration on a Tapu:


Costs, Actions, Budgeting:

As mentioned, registering the ‘habitation certificate’ onto the Tapu is something that can be done while the owner is not in Turkey. There are minor additional costs, primarily associated with the authorisations needed from the owner delegated to the representative dealing with the matter on the owner’s behalf.

&...

By: mytapu webmaster | January 16, 2019

Sell Property in Turkey

Sell Property in Turkey? 


Questions?


Welcome to mytapu.com !


Get the Free Guide… ‘Sell Property in Turkey’… 


Answers to questions about finding buyers, on-line show case presentation, on-line markets & exchanges, digital marketing, maximising price with open competitive bidding, legal & conveyance, and more. Click here to get The Owner’s Tool Kit to Sell Residential Real Estate Property in Turkey …

By: mytapu webmaster | January 10, 2019

Buy Property in Dalyan?  Questions? Get the Free Guide… With Answers !

Buy Property in Dalyan? 


Questions?


Welcome to mytapu.com !


Get the Free Guide…. Answers to questions about finding apartments, villas, and land in Dalyan, Gocek, Dalaman, and Marmaris; the best locations for lifestyle preferences; the right procedure; reservation deposits, legal due diligence, conveyance, Land Registry, and more.


Click here to get The Investor’s Tool Kit to Buy Residential Real Estate & Property in Turkey…

 

By: mytapu webmaster | January 10, 2019

Property in Turkey? Questions? What does my tapu say? Click here for Free Tapu Advice, and answers to your questions…

 

Property in Turkey? 

Questions?

Welcome to mytapu.com !


Answers to questions about buying, selling, and owning property in Istanbul and Turkey....

 

What does my tapu say? 

Click here for Free Tapu Advice, and answers to your questions… 

Category: Tapu Matters 

Tags: Property Turkey 

By: mytapu webmaster | January 08, 2019

The Best Way to Find the Best Property Deals in Turkey

Investors buying property in Turkey now can find exactly what they are looking for at on-line property markets and property exchanges. No need to hunt around different agents websites and listings... ! Simply enter into a property portal search engine, the location, the type of property, and all the other features, and presto! You have the list of everything on the market, every where. And with full details of the property, size, maps, fotos, and more.


This is the way local Turks find property- because it is the safest way to find the best bargain deals ! And for Investors, it’s the key to the whole market: more than one million apartments and villas. A buyer can find help with the Turkish language at mytapu.com,  and much more too...

By: mytapu webmaster | December 29, 2018

Istanbul Lifestyle Investment for Citizenship Investors

Istanbul is an amazing, beautiful, exciting, and safe place to live. And for those reasons Istanbul is a natural choice for real estate investors.

Unfortunately recent times have not been easy: a declining currency, weakening economy, downward trending property prices, and more than a million properties overhanging the market on sale, certainly make this a buyers market. And now with global interest rates rising, and real estate property prices around the world falling, investors understandably are cautious.

 

However, with the new citizenship investment threshold for real estate investment in Turkey reduced to just $ 250,000, the buyers continue to come. So what is it about Istanbul, that continues to attract investors from all ov...

By: mytapu webmaster | December 02, 2018

Three Things a Property Finder Can See at First Glance to buy property in Turkey

A Property Finder in Istanbul can see with the first glance if: 
 1-The property is over-priced with agents high commissions;
 2-The pictures of the site and local environment are misleading;
 3-The location map  is showing the ‘wrong’ place....


These are the common risks a buyer in Istanbul first encounters...

The links below provide more information on how a Property Finder helps to avoid other risks of buying property in Turkey....

At mytapu.com our policy is to ensure our clients are fully informed, so that they may make fully informed decisions- this helps to ensure better outcomes all around. 

 

Suggested Reading:

Residential Property Investors Tool-Kit for Turk...

By: mytapu webmaster | December 02, 2018

How’s the property market doing? Investors' intuition and instincts are telling them one thing, but the news and statistics are saying something else... For real estate investors experiencing this dilemma, these charts tell why…. 

Buy Property Turkey
Sunset Island II, Miami Beach, $26 million

By: mytapu webmaster | November 25, 2018

Buy Property in Turkey without Reservation deposit- due diligence

How’s your property hunting in Turkey going?


‘Great….! We’ve found the perfect property, and now following the agent’s advice, the first step is to pay the reservation deposit…’

 

Buying a property in Turkey, the most important aspect to avoid at all costs, is a situation where you succumb to pressure to pay money for a ‘reservation deposit’. This is entirely un-necessary - there are better alternatives. 

When in Rome do as the Romans do… when in Turkey, do as the Turks do… 


Well, Turks pay reservation deposits, too, don’t they?


Nope. Never have, and never will…! No local Turk buys a property that way, with a reservation deposit - the concept does not exist. Why Turks do not pay reservation deposits when buying property i...

By: mytapu webmaster | November 25, 2018

Legal & Conveyancing Services for Property Real Estate in Turkey

Either choice, whether a Turkish solicitor at a UK based firm, or a solicitor based in Turkey, does not resolve an important conundrum. Turkish solicitors do not have experience of managing risks in the UK like a UK conveyancer or solicitor because they are not licensed to practice in the UK, and thus they do not have the experience of knowing what a UK conveyancing entails- do they have a UK conveyancing license? UK solicitors are not licensed to practice in Turkey and thus do not have the experience or knowledge of dealing with Turkish cadastral property regime, and thus are in no position to manage the conveyancing risks for property transactions in Turkey.

Underlying this conundrum is that the cadstral real property regime in the UK and ...

By: mytapu webmaster | November 25, 2018

Do I need a solicitor to buy property in Turkey?

For assistance and managing conveyancing and general real estate related matters in Turkey, appointing a solicitor in most often preferable, to receive the independent professional advice necessary to protect your interests. That first step, of acknowledging the need for protecting one’s interests, is a key aspect of successfully managing your investment interests and assets.

As one becomes more experienced with different matters and attorneys, quite quickly the realisation emerges that it is not essential for an attorney, or advocate, to do certain things: any one may do them. This is especially true of the many, many procedural matters at notaries, the land registry, the tax office, the local ‘belediye’ municipality.  And in most case...

By: mytapu webmaster | November 25, 2018

Legal Oversight and Case Management for Litigation of Property Matters in Turkey

In situations where litigation is the most obvious next step to resolve a dispute, it is not uncommon to refrain from pursuing matters through the courts, because of the daunting prospects of the time, work and aggravation entailed; researching for an experienced solicitor, attorney, or advocate; drafting up and presenting a summary outline of the heads of case; obtaining an opinion that may be interpreted to provide an accurate understanding of the prospects of success; negotiating the fee structure – upfront costs and success fees; agreeing budgets with legal counsel and scheduling a payment plan; collecting together all the supporting evidence and collating it into a delineated file; managing due care at the different stages of the case ...

By: mytapu webmaster | November 08, 2018

How to Buy Property in Turkey with On-Line Markets and a Property Finder?

We are about to cover some things that may be surprising- these are the unspoken truths about the real estate ‘business’ and the way it’s conducted. And much of this concerns real estate agents, because they are such a large part of the market: their storefronts are everywhere; on main street, and on the internet. So the first reality check is to ask why?


And the answer is obvious- because they are selling property. That’s right- they need these store fronts because they are working for the owners to sell their properties. So let’s be clear about this at the start- real state agents do not work for the buyer of the property- they work for the seller, because the seller pays their commission, and to get that commission, they invest ...

By: mytapu webmaster | November 06, 2018

Reversal of the downward trend in the Lira seems to have prompted potential buyers that were watching and waiting, to finally take action. This pent-up demand is resulting in purchases in Istanbul and coastal regions.


buy property istanbul

By: mytapu webmaster | October 30, 2018

Conveyancing is a term used in the UK for managing the transfer of ownership during a property purchase/sale transaction. Sounds simple enough? If it is so simple, why are all property transactions in the UK handled by conveyancing experts? And why would anyone in his right mind imagine that he could do a conveyancing in a foreign country in a foreign language by themselves?


Learning as much as possible to ensure you are fully informed, and prepared, is ‘smart’, and this link provides much more information about conveyancing, but it is not smart to imagine you can learn enough to do it yourself- learning that much is an education which is more time consuming and expensive than you planned for – it is cheaper and faster to enlist the servic...

By: mytapu webmaster | October 09, 2018


Is mytapu.com an estate agent? Is it a legal firm? Is it a mortgage broker? 

What is it?


These questions are often asked. More often, it is assumed that mytapu.com is one of the above. So what is mytapu.com?


Mytapu.com is a services centre for foreign buyers, sellers, and owners of Turkish property. Mytapu.com serves to cost effectively facilitate their transactions with one another, supported by a full range of real estate transaction management services. It is the first and only English speaking transaction management platform in the Turkish real estate sector.

  

 



 

Transaction Management Services: mytapu.com provides a complete range of services, including variations on competitive bidding and on-li...

By: mytapu webmaster | September 27, 2018

23/08/2018 - Summary of Information about the ‘Iskan Amnesty’…

  • Eligible properties are those constructed prior to 31 / 10 / 2017.
  • Application deadline 31 / 12 / 2018
  • Fees payable by 31 / 12 / 2018...
  • Online applications accepted at e-Government, e-devlet login registration available at PTT
  • Forms & Fee pricing available from municipality.
  • New amnesty Permit: Yapı Kayıt Belgesi (Building Registration Certificate).
  • Existing Permit: Yapi Kulanma Izin Belgezi (Building Utilisation Permit Certificate) most commonly referred to in Turkish as an ‘ISKAN’ and in English, ‘HABITATION CERTIFICATE’.
  • ‘Catch-All’ applicable for illegal builds, depots (bodrum), swimming pools, un-approved extensions and modifications, etc
  • Owners assume liablility for ...
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