Reviews about Turkish real estate agencies

Turkey is a country in Western Asia and Southern Europe with a significant population (over 85 million permanent residents), a developed, dynamic economy, natural, cultural, historical and architectural attractions left here from the times of ancient empires (Hittite Empire, Assyria, Urartu, Greater Armenia, Byzantium, Georgia, Persia and Rome). The Republic of Turkey is a member of the UN, NATO, UNESCO, WHO, IAEA, ILO, IMF, Council of Europe, CERN, Economic Cooperation Organization.

Turkey is one of the most important tourist destinations in the world. The country is visited by both lovers of beach holidays on excellent Mediterranean beaches and connoisseurs of historical attractions. The country has more than 7,200 kilometers of beautiful beaches with crystal clear water, almost 3,000 hotels that are ready to receive more than 700,000 tourists. The country's economic well-being is based on a developed service sector, trade, construction and real estate market, tourism, and industry. More than 2 million people are directly and indirectly employed in the tourism sector, while more than a million citizens work in the construction and real estate industries.

Turkish Real Estate Market

Turkish real estate market attracts both foreign investors and local buyers. Despite the fact that foreigners annually purchase tens of thousands of residential and commercial properties in Turkey, they always make up less than 5% of real estate buyers in the country. This indicates an extremely lively real estate market, where a large number of transactions take place.
Among all the locations in Turkey, the largest number of real estate transactions take place in Istanbul, Antalya Province (including the city of Alanya), and Mersin. These cities are also very active places of work for Turkish and international developers, who annually design, build and sell a huge number of residential and commercial properties, as well as build the necessary urban infrastructure. In addition to private construction activities, there is a state program for the renovation of old buildings, under which houses are demolished and new, modern buildings are erected in their place.

Advantages of Turkish Real Estate for Foreigners

Foreign real estate investors are attracted by the opportunity to purchase a house on the coast of one of the four seas washing the shores of Turkey. Also important for them is the opportunity to receive rental income from short-term and long-term rent, since the tourism industry in Turkey is active all year round. Also, tens of thousands of students from all over the world come to the country every year to study at local universities. Hundreds of thousands of business people arrive in Turkey and stay for a period of several weeks to several months to resolve business issues.

Types of Turkish real estate

Turkish real estate is represented by a large number of various residential complexes, differing in number of floors, infrastructure, cost. In Turkey, the construction of individual housing is developed, including houses, mansions and villas with their own land plots. The Turkish real estate market has a large number of commercial real estate objects, including office, retail, warehouse and industrial real estate.

Pros and cons of buying property through an agency

The advantages of purchasing property through real estate agencies include:

1. Time savings: real estate agencies have a portfolio of properties that meet the requirements of their clients;
2. Full support of the real estate transaction: assistance in translating documents, preparing the necessary documents, assistance in going through legal procedures;
3. Access to verified properties, which reduces the risk of fraud.

The disadvantages of purchasing property through real estate agencies include:

1. Additional commission to the real estate agency, which is usually 3-5% of the value of the property (does not apply if the property is purchased from a developer);
2. Possible delays in purchasing the property, which may occur due to the insufficient qualifications of the real estate agency employees.

How to buy property in Turkey

Turkey's developers represent more than 130,000 Turkish and international construction companies that design, build and sell real estate. The country's real estate market is served by more than 200,000 Turkish real estate agencies and individual real estate agents specializing in Turkish real estate.

An experienced, professional real estate agent not only helps clients buy, sell and rent the best property within the client's budget, but also does so in compliance with all legal regulations of the country.

Stages of purchasing/selling/renting real estate with the help of real estate agencies:

1. Selecting a real estate agency and signing a cooperation agreement;
2. Selecting properties and organizing viewings;
3. Concluding a preliminary purchase and sale agreement/short-term or long-term lease;
4. Translation of documents and advance payment;
5. Registration of ownership (TAPU).

Which district of Istanbul to choose for buying real estate

Istanbul is the largest city in Turkey and the world, as well as one of the fastest growing cities in the world. The city has 39 districts, each of which is very different from the others in terms of investment attractiveness, transport and social infrastructure. It should be noted that the real estate within the districts is heterogeneous and both prosperous and poor non-prestigious neighborhoods can coexist.

Fatih is a district that is the cultural center of the capital of Turkey. Such world-famous historical sights as the Hagia Sophia, Topkapi Palace, and the Istanbul Archaeological Museum are located here. Among the prestigious districts of Fatih, one can highlight Laleli (a district with a large number of retail outlets focused on foreign businessmen), Sultanahmet, Eminonu. Given the dense development of the district, developers rarely build new, modern real estate here. Such real estate developers as Ege Yapi, Maksem Yapi, Dogan Yapi have their own projects in this area.

Kadikoy is a district of the Asian part of Istanbul, where the Turkish middle class lives. The district has a developed shopping infrastructure, as well as cozy cafes, restaurants and bars. There are no endless crowds of tourists, the district is cozy and safe. The second airport of Istanbul named Sabiha Gokcen is located near the Kadikoy district. The Kadikoy district is connected to the European part of Istanbul by ferry, high-speed train Marmaray and metrobuses. The Kadikoy district includes such neighborhoods as Caddebostan, Kozyatagi, Moda quarter and Fenerbahce. In this district there are real estate projects of such developers as Aydogan Insaat, Agro Arti Insaat, Selimoglu Group, Sefa Insaat, Vartas Yapi, Kilicoglu Group, Kentpark Yapi.

Kartal is a densely populated area of ​​the Asian side of Istanbul, located between the districts of Maltepe and Pendik. Currently, the Kartal district is developing as a budget residential area. At the same time, there are several elite apartment complexes on the coast, as well as villages with luxury villas. In this area, there are real estate projects of the following developers: 2B Global, Enes Bozkaplan, Artas Insaat, Neva Yapi, MSY Yapi, Akar Yapi, Demirli Grup Insaat.

Bakirkoy is one of the main shopping and residential areas of Istanbul. It has a well-developed shopping infrastructure, cafes, and restaurants. Residents of many neighboring areas come here to shop. The most prestigious neighborhoods of the Bakirkoy district are Atakoy and Florya (one of the most fashionable areas of Istanbul with predominantly low-rise buildings). In this area there are real estate projects of such developers: MH Group, Teknofen, Nivak Group, Emiroglu Group, Tas Yapi, Gul Insaat, Agaoglu Insaat, Kiler Gyo, Dimar Yapi.

Large companies in the Turkish real estate market

There are several thousand construction companies operating in Istanbul. Among them, there are several large companies that are distinguished by high quality construction and finishing, punctuality in the delivery of real estate, and a good price-quality ratio.

DAP Gayrimenkul (Eltes İnşaat) is one of the most popular construction companies in Istanbul, founded in 1981. Over its more than forty-year history, the company has built more than 2.5 million square meters of real estate (more than 15,000 real estate properties). The developer DAP Gayrimenkul is engaged in the construction of both residential and commercial real estate (office buildings, hotel complexes, business and entertainment centers), as well as necessary urban infrastructure (schools, hospitals). Some of the most famous projects of the real estate developer DAP Gayrimenku are Validebağ Mansions in the Uskudar district, as well as the Yeni Levent hotel.

Emlak Konut is a state-owned Turkish developer founded in 1953. The construction company has branches in all major cities of Turkey. Especially many projects of the construction company Emlak Konut are located in Istanbul, Ankara and Izmir. The real estate portfolio of the developer Emlak Konut is extremely diverse and includes elite low-rise residential complexes, high-rise residential complexes, shopping centers, office buildings and business centers. One of the well-known projects of the construction company is the elite complex IstMarina with developed infrastructure.

Fuzul GYO is a state-owned Turkish construction company. The developer's projects are distinguished by high construction quality, high cost, and developed, well-thought-out infrastructure. The company is engaged in the design, construction, and sale of both residential and commercial real estate.

Kiler GYO is a Turkish developer founded in 1994, one of the most popular in the country at the moment. The company's most famous residential project is the Istanbul Sapphire residential skyscraper - the tallest building in Turkey and one of the tallest buildings in Europe. The Kiler GYO construction company is known for its careful approach to the selection of land plots for subsequent construction. The developer tries to comply with strict construction standards, use advanced technologies in the construction of buildings, and develop the infrastructure of projects.

Reviews of Turkish real estate agencies

Our website contains ratings and reviews of Turkish real estate agencies left by real estate buyers. Reading the reviews will give you the opportunity to form your own opinion about the level of qualification of the real estate agency employees and make an informed decision about the possibility of cooperation with one of them. Reviews of real estate agencies focus on real estate transaction support and legal support for clients, which is especially important for foreign buyers.

Many real estate agencies help in obtaining a residence permit or citizenship. To ensure the safety of real estate transactions, it is necessary to study reviews, visit properties and consult with lawyers. This will help minimize risks and make an informed choice.

To make the right choice when buying real estate in Turkey, you can check out the rating of developers in Turkey. And if you are interested in a specific location, check out the real estate agencies in Istanbul.