Buying a Property in Turkey - What to Look Out For
Turkey's favourite city has recently become a favourite place for people who wish to buy property and not surprisingly, as the city has a lot to offer: gorgeous Bosphorus views, affordable prices, and a variety to choose from as Istanbul is the home of historical wooden homes as well as brand new project apartments. With the economy on the mend and the lira being stable, Turkey is now considered to be one of the world's most promising property markets. However, changes in property laws for foreigners and the presence of a brand new mortgage market, there are still some pitfalls, and istanbul lawyer . Be sure the property is legal In Turkey there are huge numbers of properties that have no title, no planning permission or are illegally constructed. In Istanbul alone, there are 600,000 illegal houses. Checks with the Land Titles Office will reveal the ownership status of the property. You need the right permissions As a foreigner wishing to buy in Turkey you need 'military