I was hoping that someone could help me with advice on selling property in Turkey. I have puchased a property in Akbuk which is due for completion in December 2008 and would like to sell it now. The property has already increased by a third in value and I would like to bank that profit now rather than see the property through to completion and sell it then. If anyone has any experience of selling in Turkey and how to go about this please let me know.
I was hoping that someone could help me with advice on selling property in Turkey. I have puchased a property in Akbuk which is due for completion in December 2008 and would like to sell it now. The property has already increased by a third in value and I would like to bank that profit now rather than see the property through to completion and sell it then. If anyone has any experience of selling in Turkey and how to go about this please let me know.
Cheers
Andrew
A property is worth what others are willing to pay for it. If you do not have any idea how to sell it, it is quite strange to say that you gain 33% equity.
We too have bought in Akbuk (stunning place) and the development is due for completion next Month. The developer hasn't sold all the apartments yet, only 2/3 left out of 28, but has sold out of all the Villas. Has the developer sold all the units they are building? If not you will not be able to sell for any more than they are selling the same, brand new units for.
