Steps of Buying Real Estate

Purchasing real estate in Turkey is secure, convenient, fast and affordable in Turkey. In this article, we will be explaining the the steps of buying real estate in detail.

Turkey has been at the center of FDI ( Foreign Direct Investment) for decades. As a result, Turkey presents more fantastic opportunities to its investors in high returns from their investments.

While you may consider Turkey a vacation spot, these beautiful lands can also be the starting point for your new venture. By following the detailed steps and tips below, you can get a practical sense of how to complete the buying process quickly.

1. PAY THE DEPOSIT
2. SIGN THE CONTRACT
3. GET YOUR TAX NUMBER
4. OPEN A BANK ACCOUNT
5. GET AN EVALUATION REPORT
6. GET YOUR TITLE DEED

DECIDING ON WHAT YOU WANT AND ITS CRITERIA!

Keeping a few key points in mind while evaluating the alternatives will help find the right property for you or your investment goals faster and more accurately.

  • Purpose
    What kind of property are you looking for? A family home to put down roots, a vacation home for seasonal visits or maybe one that would be more of a passive income investment? Defining the following points will also help you narrow down your requirements.
  • Location
    If you are acquiring property for investment purposes, you want to be in an area that will gain value. Therefore, it is worthwhile to follow the urban transformation projects that add value to locations such as a new airport. In addition, you expect a summer house to be close to the beaches and a place where you will live with your family close to your children’s school.
  • Budget
    When deciding on property expectations, it is vital to consider your budget and choose accordingly. When preparing your list, try to think of features that you’d like to see in the property. Figuring out an investment or property style can help you choose which features to add to your list. For example, would you like a property with Smart Home features? Maybe you’d like extra amenities like a pool or garden? Do the property features you’ve selected add to its investment value? These features will provide a reliable measure of how well any property decision fits your goals and lifestyle.
  • Keeping a few key points in mind while evaluating the alternatives will help find the right property for you or your investment goals faster and more accurately.

Now that your criteria are set, it is time to find properties matching them.

You can either search for your next home in NLI – New Life Investment websites’ search functions. Don’t forget to add the properties you like to your favorite lists so your list will be ready.

 

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