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Category Archives: Buying Properties
Where to Buy Houses in Istanbul 2023 ?
Buy Houses in Istanbul 2023 ?If you are considering investing in real estate in Istanbul, you have made a wise decision. Istanbul is a leading city in Turkey, known for its population, trade, urban infrastructure, tourism, and medical facilities. Both the Asian and European sides of Istanbul offer excellent conditions for investors to buy property. However, with 39 different districts in Istanbul, it can …
Cost of buying a property in Turkey in 2023
Cost of buying a property in Turkey in 2023.When considering buying property in Turkey, one of the most common questions that arises is: “How much will it cost beyond the purchase price?” Budgeting accurately for these additional expenses is crucial for a seamless property buying experience. We often advise our clients to set aside approximately 7 to 8 percent of their property’s purchase price …
Can Foreigners Buy Property in Turkey?
For those dreaming of owning a piece of Turkish paradise, the question “Can foreigners buy property in Turkey?” has a favorable answer. Turkey has undergone significant changes in its property ownership laws, making it accessible to nationals of numerous countries. However, some regulations still exist to ensure controlled foreign ownership. The Pre-2012 Restrictions Before May 2012, Turkey enforced a strict reciprocity law. This law …
Should You Buy Property in Turkey? An Investor’s Guide
Table of Contents With its idyllic Mediterranean coastline, vibrant cultural sites, and robust real estate market, Turkey entices more foreign property buyers every year. The country emerged as one of the top global second-home destinations during the 2010s. Yet as an overseas buyer, is acquiring real estate in Turkey right for you? Weigh the pros and cons to decide if Turkish property represents a …