Are you looking for the best second-hand property in Antalya? Well, then you are not the only one. Many real estate enthusiasts show a keen interest in the Antalya real estate market. As a fast-moving city in Turkey, Antalya is also a good place for living. This glittering metropolis is highly developed and modernised. Hence in your Antalya home, you will get several nearby facilities as well as business and job opportunities.
Don't Hurry When Buying a Second-Hand Property in Antalya
Antalya is one of the most vibrant places in Turkey. Its diverse landscape, seaside buildings & market, and dynamic economy have turned this city into the most exciting Turkish Metropolitan. Buying a property in this region means the best hospitality and the centre of Turkish tourism under your nose. So, if you are looking for a profitable investment option in the Turkish real estate market, then look nowhere else but Antalya.
Meanwhile, it is also essential to understand that you won't find many vacant lands across Antalya. Even if you find vacant lands, they might not be suitable for business as well as for living. So, it is always better to opt for second-hand property in Antalya. But while choosing a second property don't rush. Do your research properly and inspect the property very carefully so that you don't have to regret later. Always ask the owner to show the papers of the property. It will help you to make an educated decision.
If this is your first time buying a property, then you can also consider hiring a lawyer to be safe and stay away from legal complications. In this post, we will take you through a complete guide and reveal how you can find and buy the best second-hand property in Antalya.
Find a Real Estate Agent in Antalya
Hiring a real estate agent can be the best way of searching for second-hand properties. If you search online, then you will easily find several Antalya based real estate agencies that are reputed and committed to providing the best service to their clients. A professional real estate agent or broker can do several things for you. Like:
- Agents can negotiate the property value for you.
- A real estate broker will bring the best buying option to you.
- If you need credit counselling or home loan even, then the agent will arrange that for you.
- If you are planning to rent your property even, then the agent will come handy in future.
You can also access property listing sites to find a second-hand property in Antalya. But if you are an outsider, then we will recommend you enter into the Antalya real estate market with a professional real estate agent. It will save you from the hassles of buying a property.
Consider the Location of the Property
Regardless of the purpose of buying a property, you need to check its location first. The most important thing that you have to check before buying a property is the quality of the social infrastructure facilities of the location. If you are looking for a house for your own living, then ensure that it is located close to your workplace. If you are looking for a commercial place, then you have to ensure that it is located close to the centre of the city.
Evaluate the Property Value
Every buyer should do some background research before buying a second-hand property. In addition, you should also check the market price of the property. The best way of property valuation is to go through the current price trends. Meanwhile, you should also trail the property's ROI to check if it can still reap benefits in the future. Evaluating the property value will help you to make a smart call.
And Verify the Documents Very Carefully
Before buying a second-hand property in Antalya, you need to check and evaluate the sale deed, possession certificate, encumbrance certificate, occupancy certificate, and the latest property tax receipt. If you are buying a property for the first time and not so confident about the legal paperwork associated with property buying, then consider hiring a lawyer for it.
Inspect the Property
No matter how experienced you are in the business of buying and selling properties, but before making any purchase, you should inspect the property in person. If you are too busy in your work, then send someone you trust for the inspection.
Your broker may promise you something, but you might end up getting something else. To avoid confusion and for the peace of your mind, you should consider inspecting the property. While buying a second-hand property, you need to check its foundation. It will help you to understand how strong and how old the structure is. Checking the foundation and the amenities of the property will help you to estimate the actual worth of the house. It will save you from potential loss.
Negotiate the Price
If you are lucky, then you will meet owners in Antalya who will be under pressure to sell the property at the earliest. So do not forget to bargain in the first place. To get more discounts you have to identify the defects of the property and then you can use it against the owner and ask for additional discounts.
If you think that the property needs a lot of renovation, then you can also use it as a point for discounting the value. If you have hired a broker, then he will also help you to negotiate the price. When buying a property, you always have to focus on purchasing it on a discounted price. It will help you to get more return on your investment.
Limit the Deposit Amount
While buying a second-hand property in Antalya, you should consider limiting the deposit amount as much as you can. It is always recommended not to deposit more than 3% of the property value. You can also hire a lawyer to handle the payment. Instead of cash, it is better to make the payment through bank draft or cheque. Meanwhile, you should also consider taking a payment receipt as proof.
Other Tips
- Before buying a second-hand property, you need to check its marketability. It will help you to ensure how easily it can attract potential buyers in the future.
- You also need to evaluate the technical valuation of the property. It will help you to understand its market value quickly. As a result, you will come to know whether the deal will be beneficial for you or not.
- It is always a good practice to buy a property that has nearby facilities like markets, banks, schools, hospitals, and parks. It will drive appreciation in the rental and capital value of your property. If you are planning to buy the property for your living, then it will enhance your quality of living.
- While buying a second-hand property in any area, you have to ensure that it is not more than ten years old.
Final Word
Buying a second-hand property in Antalya will be a great deal for you when you are short on budget but still want to take exposure in the Antalya real estate industry. But remember your property should come with lots of prosperity and joy, rather than a headache. To ensure the best buy, consider checking the factors mentioned above.
