The advantages and disadvantages of buying a ready property in Turkey 2021
As it was known, apartments for sale in Istanbul Apartments for sale in Turkey under construction were very popular among investors during the past years, many preferred in turn, especially Arab investors, apartments for sale in Istanbul, to buy in ready-to-live projects.
Ready apartments for sale in Istanbul have gained a great reputation among those looking for real estate for sale in Turkey 2021 due to the conditions in which the world is living, represented by the Corona pandemic, and also the desire of many to accelerate the move to ready homes, in order to save time and effort.
In today's article, we will stand at the most important advantages and disadvantages of buying ready-made apartments for sale in Turkey and support all those who wish to take the step with appropriate advice to buy a ready-made property with the best specifications.
- Advantages of buying ready apartments for sale in Turkey
- Disadvantages of buying ready apartments for sale in Turkey
- Tips before buying ready apartments for sale in Turkey
- Prices of ready apartments for sale in Turkey 2021
- Ready real estate projects for sale in Istanbul
The advantages and disadvantages of buying a ready property in Turkey 2021
Foreigners who want to buy apartments for sale in Turkey 2021 have different tastes, but some of them agree to buy a ready-made property in Istanbul or Turkey in general, and for the decision taken by this category, we will separate them as follows:
The advantages of buying ready apartments for sale in Turkey:
Although many turn to real estate under construction, there are others who refuse to buy any property in Turkey except ready-made properties for several reasons that they see as advantages and gains, namely:
You can receive the apartment and move to housing after signing the contract and paying the down payment if the purchase is in installments.
When visiting projects, you can see the apartment and inspect it on the ground, so what you see is what you buy.
The title deed is ready and the property is registered in your name in the Tabu, and this is one of the most important conditions if you are seeking to obtain citizenship or real estate residency.
If you want to rent the apartment and benefit from the profit return, you can rent it immediately after receiving the key.
Containing the property ready for sale in Turkey 2021 within residential complexes with all integrated services, such as recreational facilities such as swimming pools, gyms, fitness halls, children's play spaces and green spaces.
Those wishing to buy apartments for sale in Turkey of ready-made type find various options regarding the stunning marine and natural views or near shopping centers and business centers.
Ready property in Turkey saves you time and effort in thinking about decoration, finishes, and more.
The ready-made property makes your choice easy, and it saves you from the mental confusion that the customer usually experiences while choosing a property under construction and the subsequent frequencies to choose the distribution of rooms, finishes, etc.
The ready-made property removes all worries about delivery time and quality of delivery because you are faced with a concrete choice.
Disadvantages of buying ready apartments for sale in Turkey:
Just as buying a ready-made property has many advantages, it has disadvantages,that any person wishing to own must know, so that he is in the full picture regarding his choice, including:
One of the disadvantages of buying a ready-made property is that the price negotiation process is difficult because most ready-made real estate owners set the price in advance according to the area in which the property is located and the price level in it.
Regarding the prices of ready real estate in Istanbul or Turkey in general, they are much higher than the prices of real estate under construction, so we find that the ready property is suitable for those who have a larger budget.
The payment mechanism during the purchase of a ready-made property in 2021 is most of the time in one go, which is an option that is not suitable for many investors who are looking to make installments in installments.
Among the downsides of buying a ready-made property is the dissatisfaction of the investor or the buyer over some details of the house or apartment over time.
Another disadvantage is that many investors who have purchased ready-made apartments in Turkey are forced to make some adjustments and repairs that take time, effort and increase costs.
Tips before buying ready apartments for sale in Turkey
Buying a ready-made property in Turkey is easy and simple, but if it is supported by fundamental advice, it will be a right choice and a profitable investment.
Among the most important advice provided by Al Hoda for real estate investment in Turkey for those wishing to buy apartments for sale in Istanbul 2021, we find:
- Get the house or apartment design plans, internally and externally, from the study office or construction company that built the building.
- Obtain a copy of the building permit.
- Ensure the integrity of the title deed and that there is no foreclosure on the property or any legal dispute due to inheritance or partnership.
- Get reports on the iron and building materials used to create the property.
- Obtain a building quality assurance certificate certified by the relevant departments.
- Obtain a guarantee certificate for the finishing works.
- Obtain a certificate of guarantee for waterproofing works, kitchen, bathroom, swimming pool, cellar, etc.
- Get a guarantee from elevator operators and pool equipment enforcers.
Any foreign buyer in Turkey must obtain permission from the army, noting that their property is not close to the military bases, in the past, you had to present special requirements in the capital, Ankara, which usually took from three months to one year,
When purchasing a ready apartment, you have to pay 90% of the property value to the seller and the remaining 10% upon handing over the title deed.
You have to choose good real estate agents and lawyers carefully to take care of the procedures for purchasing ready real estate in Turkey 2021, which provides you with everything related to the procedures steps and also to ask questions and solve problems if any, here you can only as a foreigner focus on enjoying your stay in the beautiful country of Turkey until the end Get the key.
The ready property in Istanbul or Turkey is among the most popular real estate offered by construction companies and the most popular with investors who want to buy apartments for sale in Turkey 2021, especially those who are in a hurry to use it for housing or investment at the earliest time.
Prices of ready apartments for sale in Turkey 2021
A different topic such as the prices of apartments for sale in Istanbul is ready, and Turkey in general, its analysis varies from one person to another, for example, a new two-room apartment and a salon for 300 thousand dollars based on the coast of the Marmara Sea in the Bakirkoy area is considered a cheap and an opportunity for real estate investment in Turkey.
As for the same specifications of the apartment in another area far from the city center and from transportation, it is not cheap, even if it is 100 thousand dollars.
So the expense or licenses of the apartment or real estate in Turkey are determined by the investor according to his vision and purpose of buying apartments for sale in Istanbul or real estate in Turkey in general.
The prices of apartments for sale in Turkey vary from one apartment to another according to the location and specifications. It is not possible to find an apartment with a Bosphorus view at the same price with an apartment overlooking the sea, and it is also not possible to compare an apartment in the city center close to transportation with an apartment far from everything.
Prices also differ from one city to another, for example real estate prices in Istanbul and real estate prices in Izmir are completely different.
The tabu has a big role in determining the price of apartments in Turkey, so an apartment that has a ready-made title deed is more expensive than an apartment that does not have a title deed, also do not forget that apartments in residential complexes have different prices from apartments outside residential complexes, in addition to that buying a property under construction is cheaper than Buy a ready property.
Therefore, ready-made apartments for sale in Turkey 2021 will generally be more expensive than apartments under construction due to the completion of their construction, and also the readiness of the title deed.
Ready real estate projects for sale in Istanbul
If you are looking for ready-to-sell properties for sale in Turkey 2021, we recommend that you browse one of the following projects because of its great specifications for ready real estate: