How do I find a Property in Turkey?
Most estate agents are, of course, honest, but however honest and helpful they may be you must remember that they are being paid by the person selling the property to sell it and not to protect your interests. They are not able to give you independent legal advice. Be very careful before using the services of the agent's "own" lawyer. Is he or she looking after your interests or the interests of the agent who is providing all his or her work? Some agents are NOT honest or competent. They may be operating illegally. Always make sure that you are dealing with a bona fide and reputable agent. Buying as an Investment In Turkey, many of our clients are buying for investment. Some clients want a holiday home that will also make a bit of money and cover all or part of its running costs. Others may never visit the property and are buying purely as an investment. Buying as an investment is a business decision. You should only buy AFTER you have investigated the market. Think about:
the current opportunities in the market
historic performance in terms of both capital growth and rental yields
the best ways of buying your chosen property at rock bottom prices
In most markets you will buy far better if a local person is negotiating on your behalf. There is still, very often, a two tier pricing system, with foreign buyers being charged a substantial supplement. You need independent advice from people experienced in the market. You CANNOT rely on advice from the agent who is selling the property. He or she will tell you that all of the property on their books is a FANTASTIC investment, especially the ones where they will earn the most commission! They, of course, tend to be the worst investments.