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Buying property in Istanbul is the best way to own a piece of Turkey. This step-by-step <br>guide will take you through everything you need to know about buying property in <br>Istanbul, including recent developments and how to get started.
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Step by Step Guide to Buy Property in Istanbul Buying property in Istanbul is the best way to own a piece of Turkey. This step-by-step guide will take you through everything you need to know about buying property in Istanbul, including recent developments and how to get started. You'll find this post useful if; you want to buy property in Istanbul, want some advice on how to get started with your search, and where not just locate properties but gain the knowledge that comes with it. So let's get started. Step-by-Step Guide to Buy Property in Istanbul
1- Research As we all know, Turkish property marketing is growing and enhancing day by day. The reason behind it is that the Turkish property market is being more and more demanded by foreigners, mainly due to the accelerated growth of the economy. Before you start looking for property in Istanbul, you should research the current market. Rates vary from one city to another and from one type of property to another. And so, first of all, you should find out your requirements, budget, location, and investment requirements. 2- Find the Right Property Agent Next, you have to find the right property agent for buying a property in the capital city of Turkey. It is better to check several websites and compare the different property agents. You have to check out the experience, credibility, knowledge, and the minimum and maximum price for selling your property. The best way of finding the right property agent is to check out their reviews, as many astute professional websites can help you find the right property agent. 3- Talk to your agent and build a good rapport You should build a good rapport with your property agent. You can check that they have a website that clearly shows their company's name and website. And a recent picture or two of their office location. When you visit the office, check if there are any properties you are interested in on display, but do not feel pressured to buy anything straightaway. It's good to see as many as possible and find one that most suits your needs. It's also good to ask them about the location of your property, and whether it has the facilities you require such as a gym, swimming pool, etc. 4- Check on the Property
You should check the property details too, such as how many bedrooms/rooms, bathrooms, distance to shops and transport, property features, and more. You can check out all these details right after you come back home from your holiday, showing them to your family. The best way is to get in touch with local real estate agents and find out more information. Get a good idea of the asking price, local area, and amenities near the property. 5- Take an Istanbul's Property Inspection Trip An organized and professional trip with a reputable company and the right property agent will greatly help you in this regard. It is a great idea to take a trip to the property you are interested in buying with a bit of a warning. This way, you can meet the seller, sit down and talk through any issues before making the final decision. You should also visit your local foreign consulate office before your holiday and speak to them – they may have some useful information for you. As well as arranging emergency help if needed – this is also a good time to pick up any local currency and travel money. 6- Explore Every Option We will recommend you visit as many properties as you can visit in different locations. You should not tie yourself down to one location and its surrounding areas. So take a trip to your first choice and then visit other locations which show even more potential for you. Then you can see which in the bottom line will be best for you. After all, you don't have to buy anywhere, rather shops are always available, so it is all about depending on your preferences. Moreover, you can look for Istanbul Apartments for sale or villas for sale according to your budget. 7- Negotiation When the seller starts talking to you, make sure he understands your budget and needs so that you can ensure the best possible price and terms. Make sure the price is very competitive and fair for both sides when you do so.
When you are in negotiations, make sure you are clear about what you want and do not change once the deal has begun. Don't forget to ask for promotional offers or other forms of discounts that may suit you. 8- Reserve the Property and Freeze the Price At the end of negotiations, the seller can reserve your property for some time and freeze the price. This way, you have time to get planning permission, arrange your finances and make sure you can buy this property. A good way is to freeze the deal for a set period so that if at any stage you cannot buy it, it goes back on the market. It does not need to be very long, but anything from six weeks to three months should give you enough time. Final Thoughts We hope that you have got an idea of how to buy a property in Istanbul by now. Keep all the tips mentioned above in mind so that you can start your search for the best property in Istanbul. If you have any queries, don't forget to drop us a line. If you consider buying apartments for sale in Istanbul, why not contact Homes and Beyond. We are the best real estate agency in Turkey. Besides, we have some very interesting properties in Istanbul – and one could be just right for you!