June 7, 2020
Deciding where to buy property in Turkey, the best way is like the locals do.
The search begins at the online portals.
No Problem...! Online portals in Turkey require Turkish language reading and writing ability, to obtain the search results, communicate with the seller, etc. No Problem...! Help with the Turkish language can be had from the Team at mytapu.com. The help can provide guidance as to key words and terminology, or it can extend to creating the login registrations, doing the searches in each portal for you, and liaising with the seller for you. These are fee paying services but the charges are not much more than simple translation fees.
Consider the savings: buying from an English speaking agent is going to cost 10%-20% more. In any case, not less than 5% above market prices. That means buying a property for EUR 100,000 has an immediate resale value of EUR 95,000. The buyer’s loss is in the agent’s pocket. Even if the agent has given a discount… a 3% discount from a price that has been marked up 10% in advance, is not a discount. So a buyer has an immediate SAVING of at least EUR 5,000 when buying from an on-line English speaking agent. With that saving the buyer can easily cover the expenses of translation and liaison to find a wider choice of properties on portals at real bargain prices.
Professional investors may prefer to have more extensive search. This is usually preferred by portfolio investors that are looking for the best rental properties to grow their portfolios and maximize rental income yields. For example, in the best rental income location in densely populated central Istanbul, a professional Property Finder Search & Selection Service that meets an investors pre-determined criteria, will identify 1,000- 1,500 properties, short-list 40-50 of these based on preliminary Due Diligence, and schedule 20-25 for viewings and then negotiations.
Flexible for all Budgets: The formal property searches come in all sizes and shapes, to meet all budgets. A second home buyer can easily cover the cost for just 10% -20% of the money saved by avoiding commissions and hidden price mark-ups from English speaking on- line agents.
Enquire today about what criteria should be included in your property search, by sending an email to email@example.com and include a WhatsApp or Viber number to receive a complimentary call back…
Additional Reading for Buyers:
Residential Property Investors Tool-Kit for Turkey
Property Finders Service Istanbul and Coastal Turkey,
Citizenship Investment in Turkey
The One Source for Every Turkish Mortgage
Legal Services for Property Matters in Turkey
Advice for Property Matters in Turkey
Property Price Histories in Turkey
Why Istanbul Lifestyle Retains its Allure for Real Estate Investors…
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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.
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