Common mistakes when buying a property in Turkey
Owning a property in Turkey is the dream of most people, who among us has not been charmed by its captivating nature and warm environment.
Especially after the new decisions issued regarding foreign ownership, which provided great facilities.
But despite all that, there are some mistakes and obstacles that may appear in the way of your search for your dream home or property in Turkey.
Before buying a property, it is necessary to know the real estate company that will deal with it well and study their method of dealing, response and the efficiency of their employees.
As well as conducting a search for the company and finding out if there are complaints about it. In addition to evaluating its website, which is one of the company’s quality indicators as well.
Dealing with more than one agent at the same time
Many people think that the large number of agents they deal with is the best way to find the right property in the shortest time, which is another mistake that should be avoided in your search for a property in Turkey. This method leads the buyer in the end to confusion, which increases the possibility of him ending without any significant achievements, and as the saying goes: “The ship led by more than one captain sinks.”
Therefore, you should select a reliable real estate agent after extensive and strong research to help you find what you are looking for.
Buying a property on the plan (scheme)
There is no doubt that buying something that does not exist practically may seem crazy, but this process in the real estate world is common by buying a property on the plan, as this matter has the advantage of saving and the ability to change some things in the design,
But as a foreign investor, it is preferable to think carefully before taking such a step in Turkey
Buying a property only on the plan is a risky matter, so you have to be careful, because some companies do not have enough money to complete the building, and the construction progress process depends on the arrival of new people to buy and pay the money to continue the project. These cases are abundant in the Turkish real estate market and can be dangerous sometimes. Therefore, it is preferable for the foreign buyer in particular to stay away from such deals or to seek the help of the right and reliable party if he wants this type of purchase in particular.
Not asking about maintenance returns
When purchasing a property in Turkey, you should not forget about the service fees for the maintenance of public facilities and common services. Which is called “aidat” in Turkish.
It is usually calculated according to the size of the property or services or otherwise.
If the residential real estate is simple, it is very cheap, but if the real estate contains recreational facilities, the prices will increase, and this is something the buyer must be aware of before buying.
Not knowing the property location and inspecting the property
When you decide to buy a property somewhere in Turkey and after you have completed the process of finding the company and the agent and agreeing on the properties that met your interest and getting an idea of how to buy, you must first and before you take the initiative to pay and receive that you visit the city where you will take the property to get to know the area and inspect it on ground to make sure if it really suits you.
You should take your time to inspect the property in all its details to ensure your complete comfort in it and to avoid any sudden problems that may arise in the future.
Usually the company organizes this tour for you and can offer you accommodation to inspect the properties for a sufficient period.
So we go back and emphasize the importance of choosing the real estate company that you will deal with.
Ignorance of the laws and the lack of certainty that the property is free of legal problems
There are some things and laws that are usually ignored or neglected when buying a property in Turkey, but you, as a foreign buyer, must be well aware of them in order to avoid any judicial problems that may hinder this purchase.
For example, with regard to the subject of the title deed
You have to clarify the matters related to it well, and that the lawyer, the real estate agent, the seller and the buyer draft the sales contract, in which the full terms of sale and the details of the payments are clearly stated, in addition to the penal terms that will be imposed on anyone who does not comply with the mentioned conditions.
Another important thing to be aware of is the rules of inheritance, which is something that you should discuss with your lawyer, because the rules of inheritance differ from one country to another.