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How to buy a property in Turkey in 7 steps | Real Estate Investment for Foreigners

7 important steps to buy a property in Turkey

In this episode we share 7 important steps for buying a property in Turkey! You can get a high return on your real estate investment and sell it at a better price in the future. However, you should minimize the risks by following these 7 steps.

Step 1: Decide what type of property you want to buy:
- Commercial real estate: shop, office, factory, etc.
- Residential real estate: house, apartment, villa, mansion, luxury residence, etc.
- Land: commercial land, residential land, agricultural land.

Step 2: Choose the city that suits you:
- Economic centers: Istanbul, Ankara, Bursa, Izmir, Gaziantep, Kayseri
- Tourist centers: Antalya, Bodrum, Fethiye, Mugla, Alanya, Cappadocia, Mardin
- Magnificent nature: Trabzon, Sakarya, Rize, Giresun

Step 3: Find a suitable project and developer:
- You can view some projects on https://www.investment.com.tr
- Overview of the developer's past projects
- You can get more discounts from unfinished projects. Although, keep in mind the additional risk.

Step 4: Find the right Real Estate Consultant and Lawyer:
- There are many procedures for buying real estate in Turkey
- Look for qualified real estate consultants to facilitate the transaction

Step 5: Search for real estate on online classifieds sites:
- You can search for ads on the internet. They will help you understand the market price.
- www.sahibinden.com
- www.hepsiemlak.com
- www.zingat.com

Step 6: Get a property valuation
- You can get a property valuation report to learn more about a specific unit
- Real estate valuation experts have access to past transactions
- It will show the price per square meter for similar units

Step 7: Get the ownership document
- The title deed (tapu) shows the ownership of the property
- There are certain necessary documents: a copy of the seller's identity card, a copy of the buyer's passport, a previous ownership document, a translator, an evaluation report.
- You can make an appointment with a notary on the Tapu - Tapu Kadastro Genel website.