The Two Keys to Success...
1- Go to WHERE the Buyers are...
2- Deal Direct with Buyers & Take Control...
Read more in our blog article by clicking here, Selling Property in Turkey, the Two Keys to Success....
Contact us today for more information at email@example.com and include your WhatsApp number to receive a call back… and request The Guide to Selling Property in Turkey...
Did you know? At mytapu.com there are more than 3,000 foreign property owners receiving the News-Letter that informs them of the properties and locations that are being actively searched by buyers that have contacted mytapu.com. To receive notifications of the properties and locations in which these investors are actively seeking to buy properties, please sign up to receive the newsletter by sending an email to firstname.lastname@example.org with the Subject ‘Please Add Me to the Property Presents Newsletter…’.
With guidance and instructions for the key procedures to be followed & documents required, all can be done in your home country, without travelling to Turkey. Contact us today at email@example.com: add your WhatsApp or Viber number to request a call back.
With our guidance and instructions specifying the key procedures to be followed & documents required, all can be done in your home country, without travelling to Turkey. Contact us today at firstname.lastname@example.org: add your WhatsApp or Viber number to request a call back.
Welcome to mytapu.com... the Sellers' Tool-Kit for Residential Property in Turkey...A Faster, Smarter, and Better Way
| Sellers' Tool-Kit:|
Show Case -
how to present your property for maximum effect...
property market realities in a modern digital world..
the psychology of maximising price...
Arab buying...? Citizenship buyers can not purchase a proeperty that is owned by a non-Turkish citizen.
Fact: Iranians are big buyers in Istanbul.
Prices are back down to 2011... but the Lira is down 70% since...
Over the past five years a decision to sell was a better financial decision for the duration of that period, as prices trend lower....
Sell Now, or wait for recovery...? Waiting hasn't proven to be the best strategy...
|Fact: A seller needs to ‘jump the que’ - in front of hundreds of properties for sale.|
How to Sell
like a Local... the same way Turks sell- to find a local Turkish buyer…..
| How to Reach Buyers that agents can not...?|
| Foreign buyers - last two years less than 1/10th of previous years.|
Fact: buyers in coastal regions are mainly Turks...
Foreign buyers are recently actively purchasing property in Turkey for Citizenship Investment purposes.
BUT did you know...? Purchasing property from a foreign owner does NOT qualify for Citizenship Investment.
If your agent has told you something different, it's time to move on, with a Smarter, Better Way, the mytapu.com Way...
And consider this: as a foreign owner, even if the an agent sells your property to a Turkish person first, before immediately reselling to the Citizenship Investor, the price will still need to be 'marked-up' by 20% - 30% above the sales price the current owner is receiving, in order to cover the Turkish person's capital gains tax.
April 10, 2020 Regrettably the current health crisis will have a negative long term impact on property prices in Turkey…. Price indicators have dropped 10% below last summer’s lows, and only recent have regained to last summers lows. Turkey is now teetering on the precipice of yet another economic & currency crisis... Central Bank net foreign exchange reserves have been depleted defending the currency over the preceding eight months… The Trade Deficit bulges wider yet again… A major collapse is likely in comparison to the steady declines of the previous five years… and has begun already, as the Lira decline accelerates on a daily basis.. Turkey has today confirmed it is in negotiations with the IMF on a support package. This may provide temprorary relief for the currency crisis, but will not provide relief for property prices over the next 6-9 months. If anything, the opposite may be true, as IMF support usually implies economic austerity measures. Property Prices will ‘step down’ yet again over the coming months…. Tourism arrivals in the summer will not offer any respite even if they resume…. There is no longer any reason what-so-ever to imagine a local agent is going to have a buyer walk past his window and see your property…. Fortunately a foreign owner can sell a Turkish property without travelling to Turkey…
Everything can now be done on-line....
Can all be done without leaving your home country… Buying can be done the same way...
This blog provides several useful articles for anyone interested in reading more about how local Turks use on-line market places to buy and sell property...
The Team at myTapu are pleased to advise, guide, assist, and help with Turkish language as required…Email to email@example.com with the subject ‘Selling without Travelling’ for Next Steps ….
In the past six months there have been a few foreign Northern European buyers in the market, but the numbers are so small in comparison to past years, that the impact on prices is non-existent. The majority of foreign buyers in the market are buyers for Citizenship Investment, and are prohibited from purchasing a property from a foreign owner. IF your agent is telling you differently, it is time to choose an alternative pathway and solution. Most potential local Turkish buyers are sitting on their cash in Dollars, and enjoying the benefits of a weakening Turkish Lira. To sell to the trickle of local Turkish buyers in the market, means taking your property to them, the Turkish way, via on-line portals. The Seller’s Tool-Kit at mytapu.com puts you in control of that process, with guidance and assistance, where required.
This situation has an impact on negotiations to purchase property. A lower TL doesn’t automatically mean that the US Dollar price of property will decline, because Turkish sellers keep an eye on exchange rate fluctuations when valuing their property, usually in US Dollars. What it does mean is that any sellers that are experiencing liquidity issues, and need cash, for example to pay down bank borrowings, will be looking out six months and considering the need to sell more urgently. And so this represents a negotiating opportunity to buy at lower prices.
The required macro policies of increasing exports, and re-structuring banking sector non-performing loans are underway, but the improvements are small in comparison to the weak economic back-drop. So the question remains, will a bottom in prices result in a sustainable long term uptrend? Or will it result in a false dawn, as prices slide lower, again, next autumn, 2020?
Certainly a partial decline in mortgage interest rates, led by state banks, has raised expectations of a corresponding up-tick in property prices. Banks may say they will lend at lower rates, to conform to government policy, but it remains to be seen how much they lend, and how much lending is choked off by discretionary credit policies.
The team at mytapu.com are happy to advise, guide and support you in the steps for D.I.Y. selling in Turkey's vast on-line property markets: the sale procedures, presentation of your property on-line, the feedback loop for incoming emails and phone calls from buyers, positioning your property and at the right price, on-line bidding, valuations, tax receipts, notarisation, apostile, translations, documentary payments - all conveyancing & completion aspects of a property transaction.
The Team at mytapu.com have assisted more than 3,000 foreign property owners in Turkey over the last 15 years.
Contact us today for more information at firstname.lastname@example.org and include your WhatsApp or Viber number to receive a call back…
A ‘TAPU’ is a certificate from a Land Registry in Turkey that provides ownership and cadastral information about real estate.
Every property owner in Turkey has one – and that’s why we call our business ‘ my tapu‘…mytapu.com.
To enquire about selling your property, no obligation & free, please press ENQUIRY FORM button above.Be sure to tick the box to receive our periodic newsletter with updates on legal, mortgage, insurance and tax matters, and market trends & conditions.
Be prepared: the selling process of residential real estate in Turkey moves at a faster pace than that of other countries, and if your buyer is Turkish, the purchase will likely be in cash equivalents (not mortgage), and the sale will only take one to two days at the most.
Buyer 1: BOUGHT - Alanya: Two bedroom apartment
Buyer 2: Dalyan: 3-4 bedroom villa
Buyer 3: Dayan: Large luxury villa at appraised value
Buyer 4: Dalyan: Two large 5+ bedroom luxury villas
Buyer 5: Marmaris: Resort Hotel
Buyer 6: Alanya, Marmaris, or Dalyan: Ground floor duplex or triplex in small block with communal pool, 5 minutes walk to sandy beach, cafes & shops.
Buyer 7: Wanted- the best property available for £250,000, must have sea views, and be no more than 10 minutes walk to shops and a beach with fine sand.
Buyer 8: Aegean Coast/ Mugla: 2 bed 2 bathrooms, communal pool, no more than 10 minutes walk to beach.
Buyer 9: BOUGHT-Land Parcel 1000-3000 m2 Dalyan
Buyer 10: Istanbul Umraniye Yenisehr : 3+1 Umraniye Istanbul
Buyer 12: Istanbul Prime Central Location: $ 750,000
Buyer 13: Istanbul Prime Central Location: $ 250,000
As of March 2020, this section is no longer up to date. The Team at mytapu.com's Property Finding Service no longer update Purchase Orders from buying clients on this page. Instead,sellers please note the pecific locations and property types in demand currenly are mentioned regularly in the Property Presents News-Letter for Property Owners in Turkey. To receive the newsletter please send an email to email@example.com with the Subject ‘Please Add Me to the Property Presents Newsletter…’. Currently we have Purchase Orders for multiple properties in the following categories:Coastal Properties: Selective properties in coastal locations of Alanya, Antalya, and Dalaman region.Istanbul Properties: centrally located apartments:
- Bakirkoy to Fatih; Beyoglu to Zincirlikuyu; Kadikoy to Goztepe.
- Tenanted Apartments: properties with renters in occupancy; 1+1, 2+1, 3+1.
- Luxury apartments, minimum four bedrooms, above fourth floor with terraces/balconies and views.
- Sales prices should reflect eksper degerleme fiyatlar; kat mulkiyetli veya yapi kayit belgesi olmali.
Property Transactions now must be priced in Turkish Lira...
Why Showcase for Maximum Effect?
Digital Marketing: Different than Estate Agents?
Why Open your Property to the Whole World?
How mytapu.com reaches the buyers that agents do not…
Finding a reliable and effective way to deal with a property sale in Turkey….
Why the mytapu.com way is a New and Better Way…! The SMART way to Sell …!
Open Bidding Procedures for Selling Real Estate & Property in Turkey…
These guidelines for attracting buyers and selling in open-bidding, on-line real estate markets in Istanbul & Turkey for off-plan, new-built, resale, refurbishment and repossession properties are for international investors selling property owned in Turkey.
Guidance, support, and a complete range of professional investor services are provided by mytapu.com.
Additional information is available about open bidding and how it attracts interest from buyers and maximises sales prices.
To find out more, obligation free, please complete the form by clicking the SELL TAPU button below.
Targeted Digital Marketing
Sell to Highest Buyer
Close the Sale
The Procedure: step-by-step....
1 Targeted Marketing & Sales Set-Up
2 – Document Preparation & Support
Appraisal Report if Required by Buyer;
· Instructed on your behalf by mytapu.com
· Prepared by an appraisal expert
· Licensed by the Turkish Financial Services Authority
· Proof of Title, Proof of Permits, Proof of Charges & Liens
· Price valuation based on recent sales prices
Authorisations for managing conveyance. You do not need to attend the Land Registry, Tax Office, or follow the other official paper work, as your selected attorneys in Turkey will do these for you, upon your instructions, for selling your property in Turkey; or you may choose to do so yourself with our guidance.
4 Closing the Sale Transaction
Select attorneys & accountants from the mytapu.com panel to manage title transfer, payment of taxes, and all other official procedures at all official offices and Land Registry, and then obtain the buyers payment documentation for deposit or transfer into your bank account.
Be sure to tick the box in the form below to receive our periodic newsletter with updates on legal, mortgage, insurance and tax matters, business procedures, and market trends & conditions.
3 Instruct for Selling to Highest Bidder
What is mytapu.com...
Service offerings are the client’s choice of either ‘Guidance’, ‘Advisory’, or ‘Managed’, and may include a selection of specific services, a mixed package of combined services, or a fully managed service; with prices for all budgets...
At mytapu our practice is assist clients in making fully informed decisions, with full information and disclosure, in the interests of better outcomes for all, because…
‘Building Trusted Relationships is Building Our Business’
The Tool-kit for Selling Residential Property in Turkey:
Learn more by sending a email to firstname.lastname@example.org and include your WhatsApp or Viber telephone number to receive a free complimentary call back. WhatsApp can be downloaded here: https://www.whatsapp.com/download . Viber is better and more secure and can be downloaded here: https://www.viber.com/en/download/