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I've got a house that I'm renting out at the moment but I'm looking to buy abroad and would love to buy in Turkey. Has anyone else bought one out there and what are the pitfalls?

2006-11-20 09:12:20 · 4 answers · asked by Rakibear 2 in Business & Finance Renting & Real Estate

4 answers

Hi
The pitfalls are:
Does the property have good title? Watch out for kat irtifaki tapu.
Is it affected by debts?
Has the building been constructed legally?
Is the property a cooperative property where the cooperative has not yet been signed off? This stops you getting title of the property.
Is the property in an archaeological site?
Is the property built in an area zoned for individually owned homes rather than, for example, hotel style developments?
Will you be able to get planning consent for any changes that you want to make?
Is the seller asking for illegal black money?

But more importantly make sure that you have a solicitor that speaks both Turkish and English, or a firm that has both.

2006-11-20 10:38:18 · answer #1 · answered by Anonymous · 1 0

I bought property in Turkey two years ago.
You need to find an agent you can trust.
I have a website which I use for letting my property and the agents I bought from have property for sale on there too.
If you have any questions about buying out there please contact me and I will try to answer them.

2006-11-20 09:32:12 · answer #2 · answered by dew 1 · 0 0

No but I bought a turkey in Iceland.

2006-11-20 09:16:58 · answer #3 · answered by Anonymous · 0 0

do houses even fit in a turkey?
be very warm on christmas day

2006-11-20 09:14:38 · answer #4 · answered by crunchymonkey 6 · 0 0

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