Real estate investment is undoubtedly one of the safest ways to invest. If you have chosen real estate investment for your savings, it is time to choose the location. You may have many options in mind. You may be questioning where the most suitable and profitable investments are. Let's make the process easy for you and give you the best location in the world for real estate investment: Turkey.
Many people wonder if it is safe to invest in real estate in Turkey. The answer is yes. Moreover, such an investment would be highly profitable. But it is necessary to follow some steps to make sure that the purchase is reliable.
How to Buy Property in Turkey Safely?
Work with a Lawyer from Turkey
Turkish laws do not require working with a lawyer, but hiring a lawyer would be a more beneficial option. Lawyers are in charge of drafting contracts. In addition, your lawyer checks the checks on your behalf and the mortgage on the property. If there is a mortgage on the property, this means debt and the transactions cannot be continued in this case.
Have the Agreement Notarized
No court in Turkey accepts contracts that are not notarized. Therefore, if a dispute arises regarding your home purchase, your contract will be void.
Resettlement for Properties in Turkey
As Trem Global, we do not list non-occupational properties in our portfolio. Because the value of an uninhabited property is very low. So if you see a very affordable home opportunity, don't take the risk because housing may be one of the reasons.
Only Work with Licensed Real Estate Agents
The reason why Turkey had a bad reputation for real estate sales years ago was that anyone who wanted could sell a house. There were people who bought a property from jewelers or restaurant owners. These people made a huge mistake by trusting the vendors because they were friends and trustworthy. Therefore, we recommend that you work with a licensed real estate agent.
Research the Turkish Real Estate Market
Rather than researching Turkey in general, you should research regional markets. Prices vary from one location to another. One apartment may be expensive because of the neighborhood it is in, while another may be much cheaper.