Want
to buy your Dreamhouse in Turkey?
Turkey is
one of the ancient countries that have preserved its rich cultural heritage
and history intact even today.
Turkey has
hot friendly people, low cost living and very good productive resources
and that makes people to invest in properties there and all such investments
are no doubt worthwhile in all aspects.
Normally
three conventions are followed in any property investments. They are:
• Buying
an existing property
• Buying
a newly built property from a developer
• Buying
a land plot and building a property
All these
options have got its own advantages and disadvantages. For example if
you go for a land, you can have your own plan of construction to suit
your needs and in the case of buying a built house from the developer,
you stand to gain in price and need not spend further for any modifications.
It is better to decide based on your mind set and the available resources
with you.
Investing
in property, that too in a foreign country is a big financial decision.
To make your investment trouble free consider the following tips:
• Read
and understand the contents of the agreement and seek clarifications in
case of doubt. Never sign a contract without knowing or understanding
its content.
• Consult
competent persons such as architects or lawyers before finalising any
property purchase. The suggestions that you may receive from them will
be very valid and useful in your buying.
• Do
not buy any property with unsettled debts. If need be, get the debts cleared
by the seller before hand so as to get your legal documents clear without
any mentioning of the debt.
• Note
to ascertain the correct and real cost of the property and never pay anything
more than what the property is worth for.
• Scrutinise
all the legal documents before the actual purchase to save you from any
legal complications later. Any ambiguity in documents may result in your
title over the property in jeopardy.
• Never
hesitate to negotiate and try to pay only the amount, which the property
is worth for.
• Consult
specialists in property dealing and try to get tips. Many of us are ignorant
on many aspects and specialists will be able to unearth flaws that may
cost you few thousand dollars for rectification.
• Take
enough time to evaluate your decision and the property. Decision made
with clear mind and after consultation with many people may save you from
many other complications later.
• If
the deal has to be completed by paying in local currency, then get the
best quote for your foreign currency.
• Be
aware of the local laws governing properties. Get a good real estate lawyer
from Turkey and have all the laws clarified for you. Never give room for
loosing your money just for the reason of non-understanding few of the
local laws.
| 
