Monday, March 17, 2008

Buy property in Turkey


Find a lawyer who acts independently to the agent or developer.


Find a reliable estate agent who belongs to trade bodies such as the AIPP' NAEA' FIABCI or the Turkish British Chamber of Commerce (TBCCI).


Thoroughly research areas' prices and rental potential on informative websites like turkisheconomy.org.uk.


Make sure you understand your contract and what you are signing.


It should be written in both English and Turkish' while all changes are agreed' signed and notarised.


Pay monies into lawyers' or agents' client accounts or escrow accounts.


Search for a comprehensive range of property in the region in the relevant price range and have a choice to choose from.


Set a budget and stick to it' or at least set your maximum budget.


Use an agent with offices in both Turkey and the UK.


Use a well-established agent who specialises only in Turkey.


Deal with English-speaking people.


Make sure you retain some part of the payment till you take delivery of your title deed (or TAPU).
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