Turkey Villas – Tips For Buying Property In Turkey

Turkey Villas

Turkey villas represent a great investment opportunity. This is a beautiful country with a gorgeous climate and lots to see and do. However, prices are still relatively low, as is the cost of living. With that being said, if you are interested in property for sale in Turkey, read on for some top tips.

  • Use a specialist company – First and foremost, the most critical piece of advice is to use the services of a company that specialises in property in Turkey specifically. Nowadays, with the popularity of buying property abroad increasing, there are many companies that have villas for sale all over Europe. If you use this type of firm, you won’t get the specialist insight required. Instead, a company that only offers property in Turkey will know the country like the back of their hand.
  • Never sign a contract you don’t understand – Don’t make the pivotal mistake of signing a contract that is in Turkish when you don’t have a clue what it states. Instead, make sure two contracts are provided, i.e. one in Turkish and one in English. You should then get your solicitor to go through the translation to make sure that it is accurate.
  • Check suitability – It is important to make sure the property is right for you. If you are looking for something to rent out all year round, you may want to consider apartments in Istanbul. But, if you are looking to retire in Turkey and you want somewhere peaceful and remote, Istanbul property will not be ideal!
  • Factor in all expenses – One of the biggest mistakes people make when buying a property abroad is underestimating the costs that are entailed. You are not only going to have the price of the property to fund, but you will have everything from insurance, to local taxes, to lawyer’s fees. It is always advisable to add a further 10 per cent to your cost of acquisition when buying one of the available Turkey villas.