Real estate from the developer

Real estate in Turkey from the developer

Resort cities in Turkey like Alanya and Antalya have experienced a real construction boom in the past few years. Each year a new stage of construction starts and is most active in the winter when the flow of holidaymakers in the country is not too high. Developers build residential blocks with modern apartments, infrastructure, roads, and large motorways. Thus, the comfort level in the Republic of Turkey is rapidly and steadily increasing, which further contributes to the growth in demand for real estate.

One of the purchase options is buying an apartment from the developer at the stage of construction. Every step of building competition increases the prices per square meter. Consequently, real estate under construction is immediately sold out by almost 90% in the best cities on the Mediterranean coast in terms of investment. The buyers understand that they can significantly save their money this way. After the construction work completion, the price increases by 30-40%. Another advantage of investing in construction is the opportunity to purchase housing in instalments. The instalment scheme is very well thought out and allows to protect a client and his ownership, and after the buy-sale agreement is finalised, the owner receives TAPU. Investing in real estate under construction allows you to grow your investments as construction progresses. The capital gain upon obtaining the right of ownership can be up to 40%.

New buildings in Turkey. Benefits of buying real estate from a developer

The development industry in Turkey has undeniable advantages: low cost, high demand for space by local residents and foreigners, and constant growth in real estate costs.

Real estate in Turkey from the developer has several advantages:

• Quality. The quality of the construction materials, finishing, and design is steadily growing every year. This is especially true for the construction in the Antalya and Alanya regions, where leading development corporations dominate the market.
• Construction pace. New blocks appear incredibly fast, so the investor does not have to wait for his apartment for several years. In about a year, the investor can move into a residential building complex with a well-maintained adjacent territory, landscape design, a swimming pool, and a playground. The apartments have interior decoration, ready-made kitchen and bathrooms, double-glazed windows, large balconies, and other amenities.
• Price. New housing is getting increasingly popular among buyers. Therefore, if your goal is subsequent resale, you can get a good return on your investment. Even at the construction stage, such apartments are more expensive than similar apartments built two or more years ago.
• The official price list with prices indicated without any surcharges. It also includes a variety of promotions, bonuses, and discounts.

How to buy a new apartment from a developer in Turkey?

The selection and purchase of apartments in Turkey directly depend on the purpose of the purchase. You need to decide in advance if the future property will be used for recreation, permanent residence, renting, or resale. Then you can start searching and viewing options. Naturally, the farther from the sea coast, the cheaper objects will cost. Good planning, finishing, and implementation of other architectural solutions in resorts like Alanya and its administrative regions are considered the norm.

When buying apartments directly from a developer in Turkey, you should know that:

• The buyer can receive a document of ownership (TAPU) during the construction of the house since the developer is the direct owner.
• In most cases, instalment payment is interest-free or involves a slight price increase.
• Apartments are ready-to-move-in, fully finished, with plumbing, wiring of all communications, counters, etc. The territory around the residential building is also ready for use and provides all the necessary infrastructure.
• A development company or a real estate agency helps clients purchase furniture, appliances, textiles, and utility contracts. You can also agree about the rental service for your real estate.

Our Status Property agency has been successfully operating in the market of the Republic of Turkey for many years. Personal agreements with the leading players in the construction business of Alanya and Antalya make it possible to offer our customers the best options at an affordable price. We provide a free inspection tour and assistance in the course of the buy-sale agreement from the moment of real estate selection to signing papers and receiving TAPU. We will also take care of you during the adaptation period in a new place of residence, providing comprehensive after-sale services. You can choose and buy cheap real estate in Turkey with Status Property.

Contact Status Property! We value every client.