Standing between the Eastern and Western tradition, Turkey is today one of the hotspots of Europe. The Turkish Riviera, also known as “The Turquoise Coast”, encompasses thousands of kilometers of shoreline, crystal clear waters, and it is literally strewn with ancient cities, harbors, memorial tombs, beaches, little coves, lush forests and streams.

Purchasing properties located somewhere along the Turkish Riviera is becoming an increasingly profitable business with more and more home owners and real estate investors coming from around the globe. The combination of a favorable climate, warm sea, the hospitality of Turkish People, and abundant natural and archeological points of interest makes this stretch of Turkey’s coastline a popular destination.

While MLS members including real estate agents and brokers understand how an MLS works, many homeowners using alternative means to list a property in the MLS (such as through flat fee listing brokers) do not know exactly what types of property are eligible to be listed. Each Multiple Listing Service has a variety of property types which are typically divided into sections. While they vary according to local MLS, some of the most common property types are: single family residential, multi-family residential, land, commercial, residential rental, and commercial rental. Some other multiple listing services further divide out condos and co-ops into a separate section of the MLS, while most incorporate all single family property types together (single family detached, townhomes, condos, lofts, manufactured and mobile homes, etc.) into the single family residential category. In the same way, some MLS systems divide out multi-family residential into separate classifications for units available for residential financing (2-4 units), units available for commercial financing (5 or more units), and mobile home and trailer parks.

If there is any confusion about how your property would be classified in the MLS, you should ask your broker. Certain nuances are specific to a particular local MLS, such as the difference between a manufactured versus mobile home (it might simply be the year built or it might be much more complicated). Likewise, you want to ensure that when you are pricing your home, you look at other homes of the same property type. Condos and single family homes rarely ever have similar valuations due to obvious differences. Understanding the different property types is one of the first steps to sales success.