November 2015

Mortgages Loans

7 Tips for Finance and Property Loans & Mortgages in Turkey

There are a number of options in sourcing finance for your property purchase in Turkey. As a foreign national who is allowed to purchase real estate in Turkey this means that you are eligible to apply for a mortgage from a lender. Tip 1 - Loan maximum is 60% of valuation If the property you are buying is off plan (under construction) then the developer would need to need to give a full bank guarantee...

Tips on

Top 4 Negotiating Tips for Buying Property in Turkey

Its important to get the best deal possible. Buying in a foreign country has many challenges. Follow our negotiating tips to maximise success in Turkey! 1. Leverage The Asking Price Once you find your ideal home or ideal investment property in Turkey then comes how to leverage the ‘asking price’.  My number one tip here is engage your agent, who should be viewed as your consultant, and not a block to...

Legal Process in Turkey Buying a Property

8 Tips to the Legal Process for Buying Property in Turkey

Buying property in Turkey? Before parting with any money it is important that some straightforward steps are taken. 1. Select an independent lawyer Select an independent lawyer who is registered with the Turkish Bar Association and ideally with a European Consulate, this will mean that they have been vetted and will have indemnity insurance. It should not be necessary to make a payment to your lawyer...

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