If you’re conducting research in the fast-growing housing industry of Turkey, you may notice that houses are traded by their occupants. This is quite normal and permissible under Turkish laws on properties.
Whether looking for a Villa for Sale in Turkey or an apartment in Antalya. It is important to know how to purchase a property that is occupied by the owner of the property.
Why Buy an Occupied Apartment?
A large number of customers receive a positive experience when they buy an apartment from its owner without the intervention of a Realtor.
- Immediate Availability:
They are normally tenanted hence fully fitted or ready to occupy /let making it more convenient and taking less time to make the money back on investments.
- Established Neighborhoods:
Most of the properties fall in established communities that possess infrastructures to support any form of development, unlike the newly developing communities.
- Negotiation Opportunities:
Property that is being sold by private sellers might be cheaper than those being sold by developers because of the concentration on negotiations.
How to Buy Real Estate in Turkey?
1. Research the Market
Begin your research with properties that would ideally suit your sectional title requirements and your pocket. For instance:
- If you have a weakness for the coast, there can be nothing better than Buying an Apartment in Turkey.
- Is lifestyle happy for you? Try looking for properties in Istanbul with the help of Istanbul’s real estate consultants.
- Knowledge of property evaluation assists in negotiating the price with the current owner since the research is all done.
A very important step in a buyer’s journey is to ensure that the seller is the legal owner of the property. Their name must be recorded on the title deed known as TAPU. Any such checks should be carried out by a lawyer or an expert in real estate.
3. Inspect the Property
Since the apartment is rented, you should fix a date to visit to assess it’s physical state. The lights, broken windows, damp walls, cracks on walls, any sign of a leaking roof, and other unnoticed damages need to be considered here. Take note of:
Advantages of grooming, cleanliness, and tidiness.
- Current condition of appliance and fixtures.
- Any structural problems.
4. This concept can be hired by Istanbul Real Estate Consultants
If you do not know much about the acquisition of real estate properties in Turkey, then hiring the service of consultants will help.
- Help you find genuine properties for sale or rent.
- The other potential is to participate in the negotiations as well as the settlement of legal issues across the parties.
- Make sure you do not fall for fraud or scams when doing it online.
Conclusion
Can anyone buy an apartment from an occupant of the said apartment? Absolutely. It is a quite logical and unpretentious choice for anybody interested in housing in Turkey. Following the framework provided in this guide, there will be no need to fear the process. You are just around the corner from accomplishing the task! This makes Turkey’s property market and opportunities whether for an apartment for sale in Antalya or property advice from Istanbul experts, can benefit both owners and investors. Requirements involve cooperating with reputable personalities and conducting research, and within no distant time, you are the proud owner of the building.
Source: https://styloact.com/is-buying-an-apartment-from-someone-living-in-it-possible/
