Seller tool kit8/3/2023 ![]() ![]() The Team at myTapu are pleased to advise, guide, assist, and help with Turkish language as required…Email to with the subject ‘Selling without Travelling’ for Next Steps …. This blog provides several useful articles for anyone interested in reading more about how local Turks use on-line market places to buy and sell property. Receiving payment from the land registry direct to the seller’s bank account.Ĭan all be done without leaving your home country… Buying can be done the same way.Listing on-line at the market places where the buyers are.Fortunately a foreign owner can sell a Turkish property without travelling to Turkey… There is no longer any reason what-so-ever to imagine a local agent is going to have a buyer walk past his window and see your property…. Tourism arrivals in the summer will not offer any respite even if they resume…. Property Prices will ‘step down’ yet again over the coming months…. If anything, the opposite may be true, as IMF support usually implies economic austerity measures. This may provide temprorary relief for the currency crisis, but will not provide relief for property prices over the next 6-9 months. Turkey has today confirmed it is in negotiations with the IMF on a support package. Central Bank net foreign exchange reserves have been depleted defending the currency over the preceding eight months… The Trade Deficit bulges wider yet again… A major collapse is likely in comparison to the steady declines of the previous five years… and has begun already, as the Lira decline accelerates on a daily basis. Turkey is now teetering on the precipice of yet another economic & currency crisis. Price indicators have dropped 10% below last summer’s lows, and only recent have regained to last summers lows. ApRegrettably the current health crisis will have a negative long term impact on property prices in Turkey….
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