Legal And Financial Advice For Real Estate Investors In Turkey
First and foremost, it is essential to secure professional legal and financial advice before you invest in a property in Turkey. Turkish property law is not complicated but there are always cases of unwary investors being misled by unscrupulous sellers. No matter how tempting the offer might be, never sign anything without the express agreement of a qualified, Turkish-speaking lawyer, or a professional real estate agent.
There are several ways to finance the purchase of your Turkish property, each with advantages and disadvantages, and these are covered in our Mortgage in Turkey section.
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Turkey also has a comparative rate of capital gains tax and you should familiarize yourself with this to help with long term planning. Information on Turkish tax issues can be found here.