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Old 3rd January 2018, 12:13   #1 (permalink)
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Buying and selling for a living

Hi,

just curious, does anyone here just buy and sell Turkey property as a long term business? and if so can you please provide a newbie like myself with some tips?

thanks
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Old 3rd January 2018, 15:04   #2 (permalink)
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Re: Buying and selling for a living

Are you an Emlak Ahmed?.As wıthın an hour you post thıs thread and thıs one later.7 reasons why investment in Turkish property is increasing
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Old 3rd January 2018, 16:11   #3 (permalink)
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Re: Buying and selling for a living

Quote:
Originally Posted by ahmed226 View Post
Hi,

just curious, does anyone here just buy and sell Turkey property as a long term business? and if so can you please provide a newbie like myself with some tips?

thanks
No offence but if your asking for tips..............that would say it all. People who operate a business in a foreign country don't operate by tips, thats how people lose money.

For what its worth, you & others could quite easily & unknowingly be led down the proverbial. Not only could that result in a civil action against you but quite possibly criminal proceedings. Doing business in Turkey is iffy even for Turks.

Yeah some Brits have done it & done well BUT you make one mistake and within seconds your good name becomes mud all around the world. The internet that was good for your business then becomes your nightmare.

Keep your good name mate.
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Old 4th January 2018, 12:59   #4 (permalink)
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Re: Buying and selling for a living

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Originally Posted by Spurs View Post

For what its worth, you & others could quite easily & unknowingly be led down the proverbial. Not only could that result in a civil action against you but quite possibly criminal proceedings.
I don't understand, criminal proceedings for doing what?
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Old 4th January 2018, 13:56   #5 (permalink)
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Re: Buying and selling for a living

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I don't understand, criminal proceedings for doing what?
Fraud for starters.

Ahmed work this out. Would you go into a business where you solely relied on a Turkish partner to do the right thing & get transactions right every time?
Both punters & business partners have been bounced in Turkey, even lawyers out there have been led a merry dance.
Theres no doubt in my mind that many cases in Turkey that go to civil courts would go straight into criminal courts in the UK & thats exactly what's happened in the past.
Brits involved in property have had monies put into UK accounts which then brings them into the UKs system.
Business in Turkey for Brits is 24/7, why? Your a target for all & if you don't know the system(s) you get screwed.
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Old 4th January 2018, 14:34   #6 (permalink)
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Re: Buying and selling for a living

It might sound Ahmed that Im being harsh on my posts, at times though someone needs to be harsh on here about the fact of property involvement in Turkey. Be that buying, selling or in business. Yes there are many honest Turks but the temptation when thousands upon thousands of coins of the realm are on offer is just too great for some.
You deal with people who will never ever get a sniff of that type of wedge, to them its a lottery win. I know many a story that never reached this forum, very few ever got their money back & very few Brits in business actually kept their reputations or the good names they had prior to going to Turkey.
Emlaks, lawyers, banks are all in each others pockets, yes you can sit & listen to them but TBH its the understanding that sinks Brits..........the lingo for starters.
I've said it before, I know Turks who have been taken to the cleaners, that should mark everyone's card.
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Old 4th January 2018, 15:19   #7 (permalink)
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Re: Buying and selling for a living

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It might sound Ahmed that Im being harsh on my posts, at times though someone needs to be harsh on here about the fact of property involvement in Turkey.
I understand. it's good to be cautious I have read incidents of british-owned companies in Turkey also being involved in scams and disgraceful behaviour.
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Old 4th January 2018, 16:00   #8 (permalink)
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Re: Buying and selling for a living

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I understand. it's good to be cautious I have read incidents of british-owned companies in Turkey also being involved in scams and disgraceful behaviour.
What you've read doesn't even scratch the surface. In many cases the British partner(s) had no idea what was going on until emails & phone calls started coming in from customers............all too late by then.

I've stood in front of people (some on here) who have just lost 1,000s & if a British agent was involved in the partnership, who do you think the victim automatically blames? Don't know about now but a few years back in Didim every estate agent wanted a British partner.........it adds that bit of trust during a sale.............or thats what everyone wrongly thought.
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Old 4th January 2018, 16:25   #9 (permalink)
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Re: Buying and selling for a living

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I understand. it's good to be cautious I have read incidents of british-owned companies in Turkey also being involved in scams and disgraceful behaviour.
But you haven't read about any Turkısh one's then.Boy, you do need some advıce and fast.
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Old 4th January 2018, 16:48   #10 (permalink)
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Re: Buying and selling for a living

Like any partnership its shares on the expenses, shares on the profits & equal shares on any court case. Any Brit will tell you though just how equal Turkish Courts can be LOL
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