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subject: Investments Gone Right In Turkish Property [print this page]


Real estate is hot throughout the worldReal estate is hot throughout the world. Some countries have more to offer than others and make the investment of real estate a lucrative one. When you make the choice to buy a property in another country, it can be a risk but when you know the market, you can make a smart decision. Buying real estate is only one step of the process. If you ever need to sell the property, you want to know that your investment is still worth the money you put into it. With many people buying second homes in specialized areas, Turkey has become a hot spot for real estate in the past couple years.

After you buy property in Turkey, you may find yourself having to sell property in Turkey. Because Turkey has recently become a desirable place to buy property, many of the agents are linked to developers. Choosing an agent to sell your property can be very helpful, especially if it is in another country. You will need to find an agent that can speak the language well and it is helpful to find someone who has a large network of buyers ready to purchase property. The agent in-country will have the proper contracts and signs to place on the property.

When you sell property in Turkey, there are guidelines you should follow just as you would in any area. The property should be in good condition with little to no repairs being needed. The paint should be neutral and the house should be clean. As most sellers know, it is helpful if the property smells fresh, yet not strong of any cleaners or cliche smells. This can alert a buyer that there may be a problem you are trying to mask.

The property should not be personalized. You should take down family photos, religious symbols, and anything else that may make it seem like your property rather than a great property for anyone looking through it. It should be unique but pleasing to anyone that sees it. Your experienced agent will be able to guide you through this process so that your property is ready to be shown and sold. When the agent begins showing the property, you should not be there. The agent will know what they are doing and saying so it is in your best interest to let them do their job.

If you decide to sell property in Turkey without an agent, remember to have a strong contract with the correct wording and ensure it is translated correctly. If you were to ever go to court, the wording in a contract can either help or hurt your case. When you perform real estate transactions in any country, you need to have knowledge and be prepared to properly complete the transaction.

by: James P Martin




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