99% of what you need to know before buying real estate in Turkey

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THE TURKISH PROPERTY MARKET IN 2024

If you're thinking about buying property in the Bridge between East and West, there are a few things you should know about the market.

Skip the lengthy 100-page reports filled with complex words, old info, and unsupported opinions. This document is different. Data is fresh and presented in easy words, useful graphs, and engaging charts.

After just 20 minutes of reading, you'll know more than 95% of people considering property investment in Turkey.

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PRICES, RENTS AND YIELDS IN TURKEY IN 2024

How much for a 2-bedroom apartment in Istanbul? What are the property yield trends in Turkey? What's the average rent in Antalya?

This report will give you solid answers, using data sourced from our analysis of over 4,300 properties that have been available on the market. Then, you will know what you can expect when you're hunting for properties.

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ANALYSIS - IS NOW A GOOD TIME TO BUY?

Thinking about investing in property in Turkey? While some might encourage it, your Turkish friends might advise a careful approach. Remember, opinions can be subjective and aren't always well-founded.

In this document, we take the last notable trends in Turkey (prices, yields, inflation, political climate, investor confidence, etc.) and tell you what they mean. Then, you can decide to go ahead or not.

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ANATOMY OF A GOOD / BAD PROPERTY DEAL

Did you check out a property you're thinking of buying? Not sure if it will make a good investment? Well, it's actually not too hard to determine.

Investments that end up going wrong in Turkey tend to have similar features. However, by looking closely at specific factors, we can confidently judge whether an investment is likely to fail or succeed. Curious about what factors to consider? This document covers everything you need to know.

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THE FULL BUYING PROCESS, STEP BY STEP

Do you need a notary or a lawyer? When do we give the deposit in Turkey? How do you ensure proper property ownership? Are there any particularly error-prone stages?

From the start of your property search to the moment you obtain the keys of your property, this document will be your go-to guide. Use it frequently to double-check every important aspect to ensure nothing is overlooked and that everything is progressing as it should.

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28 CONTACTS TO BUY A PROPERTY IN TURKEY

The right people can make you save time and money. With that in mind, we've compiled a complete list of contacts you'll find indispensable while buying property in Turkey. From A to Z, we've got you covered.

Inside this document, you'll have access to: Turkish real estate agents, property listing websites, Turkish real estate lawyers, property insurance agents, property managers, moving companies, and even expat communities in Turkey.

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WHAT YOU NEED TO CHECK BEFORE BUYING

Navigating complex 'Tapu' processes, not considering military zones, and misunderstanding 'Iskan' documents... there are common pitfalls that buyers encounter in the Turkish property market

Without knowing the legal and cultural landscape well, it's easy to fall into common traps that have led many to regrettable financial outcomes. Don't be another one.

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ALL THE DOCUMENTS AND WHAT THEY MEAN

Do you know the purpose of a 'Tapu' document in Turkey? What should be considered when signing a 'Satiş Vaadi' (Sales Promise)? Could you explain 'Emlak Vergisi' (Property Tax)?

Our team has reviewed all the documents you'll encounter when dealing with property – whether you're buying, renting, selling, or living in one. Each document is explained briefly: its purpose, when to use it, who provides it, and key things to be cautious about.

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WHERE AND HOW TO GET A MORTGAGE AS A FOREIGNER

If you're seeking financing options in Turkey, this guide will prove to be highly valuable.

We have gathered all the information you need to apply for a mortgage with banks in Turkey. This includes details on eligible banks, step-by-step guidance for the entire process, and helpful tips to increase your chances of getting approved. We also highlight common mistakes to avoid.

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HOW TO RENT OUT QUICKLY

To quickly find tenants in Turkey, know the local way of renting properties.

You might not know where to find tenants fast, how to set the right rent, or what to put in the rental agreement.

Here are some useful tips, with insider knowledge, that will help you save time and money.

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FOCUS ON ISTANBUL

If a blend of East and West, with Hagia Sophia and the Bosphorus, intrigues you, savoring Turkish delights like baklava is a delight, and you're captivated by the city's rich history and vibrant culture, Istanbul might be for you.

This report offers solid facts and data about this place: neighborhood analysis, yields, rentals, budget-based options, market strategies, and pitfalls.

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FOCUS ON ANTALYA

If the allure of Mediterranean beaches and ancient ruins captivates you, indulging in Turkish kebabs is a treat, and you appreciate a mix of relaxation and historical exploration, Antalya is where beauty meets history.

Uncover the region's advantages and disadvantages, projected yields, insights into the short-term rental market, prime locations for competitive prices, etc.

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FOCUS ON BODRUM

If Turkish Riviera charm and Mediterranean beaches enthrall you, savoring seafood by the Aegean is your ideal meal, and you appreciate a mix of relaxation and cultural richness, Bodrum is where beauty shines.

After reading this report, which will take you around 20 minutes, you'll have 95% of the knowledge you need to make the right choice about investing in property in Bodrum.

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FOCUS ON ALANYA

If Turkish Riviera beaches and the ancient Alanya Castle enchant you, enjoying local kebabs and meze is a treat, and you appreciate a blend of relaxation and historical charm, Alanya is your coastal getaway.

This report, like the rest of the pack, has been updated with fresh information and inside knowledge. To be clear, it took us a while to gather all the details. But we've organized it neatly so you can easily get all the info you need. Have a nice read!