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Turkey

FAQ

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What are the Starting prices of properties?

The average 2 bedroom apartments start at €91,000

What are the other cost's involved?

You will need to budget for 7% for others costs

Are mortgages available?

The Turkish Government now allows non-residents to obtain mortgages. You can borrow in Japanese Yen, Swiss Francs, Euros, Sterling or US Dollars. Up to 85% of the purchase price. 100% mortgages are available if the property is purchased at a significant discount

Is there a rental market?

A healthy market with returns up to 6%

Do I need a visa?

Multi entry visa obtained on arrival for stays of up to 3 months

Will I need a Lawyer?

We always highly recommend instructing lawyers with regards to property sales our local team will assist with this

What's included on the inspection visit?

Please see inspection trips link

How does the buying process work?

It is necessary to pay a deposit to reserve the property and make staged payments according  to the contract. Deposit (average 10% of total purchase price) will be payable by bank transfer to the owner (seller) within 3 days (except by special negotiation).

 

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