By: mytapu webmaster | June 16, 2020

Due Diligence on Property Purchases in Turkey- Payments, Property, and Procedures June 2020
Due Diligence on Property Purchase, Procedures and Payments in Turkey June 2020

June 16, 2020 How to buy a property in a foreign country? The people selling the property – agents, developers, and the solicitors they recommend- will usually assure you there will be ‘no problem’. Should you believe them? They make it seem so simple. Just like home.

There will be similarities between your home country and a foreign country like Turkey when it comes to buying. The general principles are the same. And that’s were it ends. The details are different, and that’s where the danger lies.

The risks are associated with a different language, culture, legal system, and of course, property system, known as a cadastral system. It may be that in your home country many of these risks have been removed because the various aspects have b...

By: mytapu webmaster | June 07, 2020

Where to Buy Property in Turkey at Online Portals with Property finder Search and selection Services mytapu.com June 7 2020 eng
The Best Place to decide Where to Buy Property in Turkey is Like the Locals Do, using Online Portals,











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 c...

By: mytapu webmaster | November 25, 2018

Buy Property in Turkey without Reservation deposit- due diligence

Updated May 14 2021... 

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 unnecessary:  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 r...

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 | August 20, 2018

British Property Buyers Invade Turkey for Bargain Prices...

An un-precedented rush for Turkey and the Lira … 


Due to the sudden decline in Turkish Lira exchange rates, and ...


Boom !- Last minute holiday bookings explode !


Whoosh…! Turkish Lira sold out in the UK as Brits buy up all …only small amounts remaining at two airports.

Let’s re-visit the underlying attractions of Turkey:

  • 330+ days of warm sunshine every year
  • Welcoming culture of hospitality
  • Ingrained orientation towards Customer service and Consumer satisfaction
  • Fantastic food 'fit for a king' – fresh delicious fruits, vegetables, herbs; amazing grills of lamb, goat, beef, and chicken kofte kebabs and more; wide variety of fresh fish;  strong coffee, and sweets galore- pastries, puddings, and more.
  • Abundant pure spring water, and...

By: mytapu webmaster | May 19, 2018

How to Find Property to Buy in Istanbul Turkey

Investors sometimes are curious how they can find a property to buy at  mytapu.com, because there are not many properties listed on the website… 


The answer is pleasantly surprising, as you will discover below….


Looking for a property in Turkey? The typical way to find property in Turkey is to ‘walk–into’ or call a local estate agent, or to scan an agent’s website. The problem with this approach is, that most local agent’s follow a business procedure that is to their benefit, and not the buyer. This means they push all the risks onto the buyer, and focus on obtaining their commission. 

Due Diligence is Essential when Buying Residential Real Estate  in Turkey

What are the risks? Selling property without proper planning certificates, and requiring the buyer to pay a ‘reservation deposit’ befor...

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