Real Estate in Turkey What should you pay attention to when buying inves
What should you pay attention to when buying investment apartments?
It is advisable to set the necessary budget for buying apartments for investment
purposes, while moving away from bank loans as much as possible when buying
such apartments, because of the high interest added on these loans, which are
often equal to the expected investment profit or more, In addition to the possibility
of difficulties in the regularity of payment of periodic installments, which may
result in the imposition of other financial sanctions.
It is important also to note that the investment amount allocated for buying an
apartment must be a surplus from the basic needs of the owner, because there is
always a risk in the investment operations, and may get a loss if the investor
suddenly had to buy the necessary liquidity.
It is not recommended to focus on the famous high-priced areas in major cities,
but it is recommended to go to the developing regions and to under real estate
development.
It is also necessary to research and investigate the reliability of the real estate
company or the real estate broker before buying the property, and to check the
price offered and specifications of the property, also to be sure of the technical
issues related to the property in all respects, in addition to the legal situation and
the form of registration in the registration of real estate records.