Real estate in Turkey has seen a surge of interest in recent times and for good cause. It offers great potential for investors & buyers alike. With numerous residential complexes under construction and 3-bedrooms flats in Turkey from developer available, there is no shortage of new-build properties on the market. This guide provides a comprehensive overview of all things to consider when buying a new-build property in Turkey. We will cover all the relevant topics, so you can make an informed decision.
Benefits of Buying Directly from the Developer
Going for a new-build property from the developer can help you save money. It’s one of the major benefits that you should consider when investing in a property. By avoiding middlemen such as agents or brokers, buyers can usually secure a better deal. Developers often look for ways to create incentives for customers, such as discounts or payment plans that make it easier to purchase their products. This can be a great way to draw in buyers and maximize the return on investment of your property.
Another benefit of buying directly from the developer is the ability to customize the unit. When building a property, potential buyers may be able to customize the layout and finishes depending on what phase of construction they are at. This can be particularly appealing for those who want to create a space that suits their specific needs and preferences.
However, it is important to consider the potential risks and drawbacks when buying directly from the developer. Delays in construction can be a common issue, which can lead to frustration and financial hardship for buyers. Additionally, changes to the original plans may occur, which can be disappointing for buyers who have a specific vision in mind.
Types of Available Properties in New Buildings
There are several different types of new buildings available for sale in Turkey, including flats, apartments, and duplexes. Flats tend to be smaller units in multi-unit buildings, while apartments are typically larger units in the same type of building. Duplexes, on the other hand, are two-story units that offer more space and privacy than traditional flats or apartments.
Each type of property has its own pros and cons. Flats are often more budget-friendly and can be easier to rent out, while apartments offer more living space and amenities. Duplexes are ideal for those who desire more privacy and prefer not to live in a multi-unit building.
Factors to Consider When Buying a New-Build Property in Turkey
When planning to buy a new property in Turkey, it’s essential to take into account the location thoroughly. This would ensure that you get the most out of your investment over time. Proximity to amenities such as shopping centers, schools, and transportation links can greatly impact the appeal of the property. Additionally, it is important to research the surrounding neighborhood and the overall safety and security of the area.
Another important factor to consider is the amenities that come with the property. Many new buildings offer a range of luxurious amenities like gyms, pools, and more which can be really useful. However, some complexes may have fewer of these features but still provide necessary facilities for those who wish to avail them. It is important to determine what amenities are important to you and factor that into your decision-making process.
Lastly, it is essential to research the developer before making a purchase. Ensure that any necessary legal documents are in order and that the developer has a solid reputation in the industry.
Cost of Buying a New-Build Property Directly from the Developer
When looking to buy a new building property in Turkey, the cost can vary immensely. Location, type of home and amenities are all determining factors that will affect the total cost. Additional costs such as taxes and legal fees should also be factored into the budget. Use Yekta Homes to check the latest prices of under-construction and ready-to-move properties in Turkey.
Process of Purchasing a New-Build Property in Turkey
Buying a new home in Turkey is not that difficult of a process. Start off by looking for a property that fits all your requirements and budget. Then, you can move on to the next step. Once you have identified a property, you will need to make an offer and negotiate the terms of the contract.
Once the contract has been agreed upon, you will need to have a lawyer review the documents and conduct a title search to ensure that there are no outstanding debts or legal issues with the property. Finally, once all legal requirements have been satisfied, the transaction can be completed.
Summary of Purchasing Property in New Buildings in Turkey
To sum up, investing in a newly-built property in Turkey can be rewarding if you make the effort to plan, research, and consider factors such as location, amenities & the developer’s reputation. By doing this, buyers can make sure that they are making a sensible purchase. Partnering with a reliable lawyer and performing extensive due diligence can leave you feeling at ease throughout the entire acquisition process. This will ensure that nothing is overlooked, giving you peace of mind.
