Apartments for sale in Istanbul directly from the owner

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Istanbul, a city that bridges the East and West, is considered one of the top real estate destinations in the world. Interest in purchasing property in this beautiful city has increased due to its strategic location and rapid economic growth. Many buyers choose to purchase property directly from the owner, but this option comes with a set of advantages and disadvantages that should be considered.

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Advantages:

Cost Savings: Purchasing directly from the owner helps avoid paying commissions and additional fees charged by real estate agencies, which can significantly reduce the overall cost of the property.
Direct Negotiation: Dealing directly with the owner allows buyers to negotiate the price and payment terms directly, potentially leading to more flexible terms and better prices.
Realistic View of the Property: Visiting the property and speaking directly with the owner can provide buyers with a clear and accurate understanding of the property’s condition and history, aiding in making an informed decision.

Disadvantages:

Legal Risks: Without a real estate intermediary, there is an increased risk of encountering legal issues, such as unclear ownership deeds or outstanding debts on the property.
Search and Verification: Finding suitable properties and verifying their validity can be cumbersome and time-consuming without professional assistance.
Lack of Professional Evaluation: The absence of a professional appraisal can lead to paying more than the property’s actual value or overlooking potential defects that may affect the property’s future value.

Working with a Real Estate Company Like “TurcKey Properties”:

Working with a professional real estate company such as “TurcKey Properties” can offer many advantages that help mitigate the drawbacks associated with buying directly from the owner. The company ensures the protection of buyers’ rights by providing comprehensive legal support and reviewing all necessary documents to guarantee the transaction’s accuracy and safety. Additionally, the company offers access to the best available property deals in the market, thanks to its extensive network of relationships and in-depth knowledge of the Istanbul real estate market.

While buying directly from the owner may seem appealing in terms of cost and negotiation, the legal and procedural risks make it crucial to carefully consider this decision. Engaging with a professional real estate company like “TurcKey Properties” provides security and peace of mind, ensuring the best deals with favorable terms and complete legal protection, making the property buying process smooth and rewarding.

FAQ

How to buy an apartment in Istanbul directly from the owner?

To buy an apartment in Istanbul directly from the owner, follow these steps:

Determine Your Area and Budget: Identify the area you are interested in and set your budget.
Search for Listings: Look for apartments available for sale by owners through advertisements and real estate websites.
Visit the Property: Once you find a suitable apartment, arrange a visit to inspect the property.
Negotiate Terms: Discuss and negotiate the price and payment terms directly with the owner.
Review Legal Documents: Ensure you review all legal documents and verify the ownership deed.
Sign the Contract: Once agreed, sign the sale contract and pay the initial deposit.
Register the Property: Finally, go to the Land Registry Office (Tapu) to register the apartment in your name and pay the necessary fees and taxes.

How can I buy a seaside apartment in Istanbul directly from the seller?

To buy a seaside apartment in Istanbul directly from the seller, start by identifying desirable coastal areas such as Beylikdüzü, Büyükçekmece, or other locations along the Sea of Marmara. Search for apartments for sale directly from owners through advertisements and specialized real estate websites. Visit the properties you’re interested in and negotiate the price and payment terms directly with the seller. Ensure you review the legal documents and verify the ownership deed to avoid any legal issues. Once an agreement is reached, sign the sale contract and pay the initial deposit. Finally, go to the Land Registry Office (Tapu) to register the apartment in your name and pay any applicable fees and taxes.

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