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7 Mistakes to Avoid When Buying Real Estate in Turkey

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Own a home on the seafront abroad is no longer an unrealistic dream. Today, foreigners can purchase real estate in any country and relocate there without serious obstacles. Most foreign investors and expats seeking stylish housing prefer the Turkish coast. This resort country offers a huge amount of high-quality and relatively affordable housing, with well-developed infrastructure promising comfortable living and excellent service for all foreign owners. However, the process of purchasing sea-view apartments in Turkey has its own specifics. In this article we highlight common mistakes made by real estate buyers and show how to avoid them.

7 Mistakes to Avoid When Buying Real Estate in Turkey

Exclusive Real Estate on the Turkish Seafront

Real estate in Turkey has become an object of interest for many foreigners. They consider Turkish real estate a reasonable investment project and a good opportunity for permanent residence.

Own an apartment in Turkey is the chance to live on a sunny coast without any restrictions. The sound of waves soothes, the landscape brings peace, and warm salty air fills your body with health. Having your own home here means you don't have to adjust to hotel schedules and rules, dedicating every free day to communicating with the nature of the Mediterranean.

Moreover, being a popular country with a brilliant past and excellent culture, Turkey welcomes thousands of tourists annually. Due to the large number of visitors, high demand for rental real estate is evident in all regions of the country.

7 Common Mistakes by Foreign Buyers

The Turkish government constantly develops and simplifies the process of purchasing real estate by foreigners. They introduce more improvements to ensure greater transparency and safety of transactions. However, there are still some negative issues and mistakes.

  • Lack of clear goals or vague representation of future actions
  • Incorrect region selection
  • Making decisions on-site
  • Refusing to work with professional agencies
  • Rushed check of important documents
  • Incorrect calculation of all expenses
  • Avoiding taking responsibility
  • Now, to better understand all the above-mentioned issues and ways of avoiding them, let's consider each point in detail.

    Lack of Clear Goals or Vague Future Plans

    Understanding and setting clear achievable goals is a key to success. Before starting to explore the Turkish real estate market, define your purchase goal.

    • Do you want a holiday home?
    • Do you want a permanent residence?
    • Do you want to rent it out for monthly income?
    • Are you looking to profit from future resale?

    These are the most popular reasons why foreigners choose real estate in Turkey. So make your goals clear.

    Incorrect Region Selection

    The choice of region depends on the purpose of purchase. Antalya, Alanya or Bodrum are perfect for family holidays. Large cities like Ankara and Istanbul are good for permanent residence due to well-developed infrastructure, quality education, and medical services.

    When buying rental real estate, choose more tourist locations such as Mahmutlar, Izmir and others. Pay special attention to studying and choosing the right region.

    Making Decisions on-site

    There's no need to rush and invest in the first apartment you see on a website or recommended by an agency. To make a responsible investment, consider every detail and don't be swayed by emotions.

    Refusing to Work with Professional Agencies

    Certified real estate agencies work with verified developers in Turkey. They are familiar with the peculiarities of purchasing and possible issues. Specialists provide invaluable assistance not only in choosing the most favorable housing but also in the legal side of document checking and contract signing.

    Rushed Check of Important Documents

    Documents provided by the seller must undergo a double check. It is recommended to consult professional lawyers and translators to ensure there are no debts or restrictions.

    Incorrect Calculation of All Expenses

    Purchasing sea-view apartments on the Turkish coast requires a stable income and careful budgeting. Buyers pay not only for housing but also mandatory taxes, maintenance fees, and other additional costs. It would be wise to assess the final amount and align it with your financial status.

    Avoiding Taking Responsibility

    Even if you've spent a lot of time finding a reliable real estate agency, you must be responsible for all actions. Start by choosing suitable property on the Turk.Estate website and take responsibility for every step of the deal. A wide range of real estate at reasonable prices is presented on the site to offer buyers world-class quality.

    Conclusion

    The choice and purchase of real estate in Turkey should be based only on the desires, needs, and capabilities of the buyer. Only clear goals and a rational approach will help foreigners achieve their dream of a home by the sea.