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Home Real Estate

Principles Of Real Estate Agency In Turkey

sophiajames by sophiajames
February 2, 2024
in Real Estate
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Principles Of Real Estate Agency In Turkey

Turkish real estate agencies should have a license to work legally. If you want to get access to many objects at a good price, it is reasonable to contact a developer. Most Turkish developers also have a license to offer services as a real estate agency. So, Stay Property company is a reliable developer that has been working for many years. It can offer luxury and economy class apartments and villas in the most popular tourist cities. Just contact the specialists of the company to get more information.

Principles Of Real Estate Agency Work

Every agency should follow the following principles:

  1. Work in compliance with a license. Information about its availability is on the website of any agency. You can check its data online.
  2. Providing high-quality services. Agencies help in searching for an object, checking documents, preparing a contract, and making a payment for real estate. Some companies help to arrange a mortgage with a Turkish bank if necessary.
  3. After-sales services. Clients receive assistance in managing the property if they do not plan to move to Turkey. The agency’s specialists rent out real estate, pay utility bills, and perform other necessary actions. You can apply for a residence permit in Turkey when buying real estate in the amount of $ 75,000 or more with the help of the agency’s staff.
  4. Work on the basis of a contract. That is, the client understands what conditions he agrees to while signing the treaty.
  5. Providing information and legal support at any stage of cooperation.

These are the basic principles of the work of Turkish real estate agencies.

How To Buy Turkish Property

Regardless of the chosen real estate agency, the deal will be done in the following way:

  1. Choosing the object. It is necessary to set up the budget and to understand what type of property is needed. You can buy villas, apartments, townhouses, and commercial property.
  2. Negotiating with the seller to decrease the price and discuss everything you want to know.
  3. Checking documents. The seller should give TAPU, a technical passport, and a tax certificate.
  4. Signing the contract and making the payment. It’s possible to apply for a mortgage in a Turkish bank.
  5. Getting the TAPU and additional services from a real estate agency. The list of after-sale services will depend on the current company.

Note. If you buy a property under construction, you can get an interest-free installment plan from the developer until the end of the construction period.

The investor does not have to personally attend the deal. The objects are shown using video communication tools. An employee of the real estate agency is ready to sign the contract and perform the necessary actions to complete the transaction on the basis of a notarized power of attorney.

So, Turkish agencies are really flexible. They are ready to do a lot to make an investor happy with a new property.

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