I’m seriously considering investing in real estate in Turkey, but I’m a bit nervous about the whole process since it’s my first time looking at property abroad. I’ve read that there are plenty of property for sale in Turkey options that seem affordable, especially compared to some European countries. But I’d love to hear from someone who has actually gone through it. What are the hidden costs or taxes I should be aware of? Is it easy to find a trustworthy agent who speaks English? And what about property maintenance if I don’t live there full-time? If anyone has personal experience or advice, please share. I want to avoid any surprises and make sure I’m making a good decision.

Investing in real estate in Turkey can be a great opportunity, but there are a few things to consider. Hidden costs include property tax, registration fees, notary services, and title deed transfers. You’ll also need to budget for annual property tax (around 0.1%-0.3% of the property’s value) and utility connection fees. If you're also considering other locations, real estate in New York has its own set of challenges and costs to consider, but Turkey offers a more affordable entry point for many investors. It's possible to find trustworthy English-speaking agents, especially in tourist areas like Istanbul, Bodrum, or Antalya. Be sure to choose an experienced agent with good reviews. For property maintenance, many expats hire local management companies to handle routine upkeep and rental services if they're not living there full-time.

No, but I'm interested in it

I have a similar situation - I also wonder if it makes sense to pay for services if there is only one place to live

I completely understand your doubts - for me, it all started with one apartment I rented to Orange County. At first, I tried to do everything independently but quickly realized that the entire scope of tasks was underestimated: finding tenants, paperwork, repairs, collecting payments, etc... As a result, I turned to orange county property management team. Even with one property, this gives a huge relief - they take on everything, from marketing to checking tenants. Now I don’t think about routine at all, I just receive reports and income. By the way, they have a very convenient personal account and a transparent communication system.