Off plan property in Turkey
The advantages of buying off plan property in Turkey are convincing: not only are prices lower, but also buyers can influence the design and layout of their new properties at the planning stage. Because development finance is scarce in Turkey, developers offer incentives to buyers in the form of discounts of up to 20% for off plan property purchases. This means that the property value jumps by 15% to 20% upon completion – an attractive investment prospect.
Some buyers are wary about buying properties off plan, having heard horror stories about developers who have not delivered on their contracts. However, there are ways to safeguard yourself when buying off plan real estate in Turkey, like using reputable developers and taking out a bank guarantee on the property. Another way of minimising your risk is by purchasing freehold title to the land first and then having the builder construct your new home on it. This only applies to off plan custom-built houses.
Apartments and Villas for Sale
Most apartments sit on all-encompassing complexes that also offer the buyer a wide range of on-site facilities. These include swimming pools, landscaped gardens, gyms, saunas and in the cases of huge complexes, bars, and restaurants. Anyone looking for a buy-to-let investment from tourism would do well to consider this investment. These types of apartment lifestyle residences are popular in cities and large towns and appeal to buyers on a small budget.
However, around the Aegean and Mediterranean coasts, three to six bedroom villas appeal to buyers with a higher budget and those who want to live in Turkey all year round. Most feature private swimming pools, terraces, patios, and gardens. The significant aspect of this housing style is that you can tailor everything to your design, including the kitchen and bathroom decor. Some buyers also add additional extras like built-in wardrobes, Jacuzzi baths, garden barbecues, coving and laminate flooring.
Where to Buy Off Plan Property in Turkey?
One major area where off plan property in Turkey investments makes much sense is Istanbul. On the upcoming new suburbs of Istanbul such as Bahcesehir, Beylikduzu and Esenyurt, where the city's professional workforce is gravitating toward, off plan projects present the buyer with a steep discount to market and staged payment plans to ease the purchase process. Well-established developers operating in these areas offer bank guarantees in place as insurance against non-delivery. Buying off plan has advantages in these areas, where property prices are rising year-on-year.
Buying Process for off plan Turkish property
The process for buying off plan property is easy and quick to complete. The first step is finding your new home, and you can do this by calling us to arrange a viewing time and date or by browsing our extensive portfolio of homes for sale. Once you have chosen your home and paid a deposit, we walk you through the entire process including contracts, choosing a lawyer, paying taxes, signing for your title deeds and putting your key in the door. Please speak to us to find out more about buying off plan property in Turkey.
Stunning apartments in Turkey for sale that come with an excellent rental potential for those investors amongst you. Perfect to be used as a summer holiday home or as a getaway Turkish property due to it's location close to one of the nations most loved beaches.
The benefit of purchasing this luxurious home in an off plan state means that you can customise the property to your own standards and finally build that dream home you have always wanted. Found opposite the marina with access to the water.
With a completion date of August 2015 and with units selling out extremely fast, the time to invest in these off plan properties in Turkey is now. Developed by one of the top developers in the nation and rewarding you with an untold amount of quality and modern design.
The advantages of purchasing off plan real estate usually means that you can enjoy a bargain price for doing so - and that is the case here with these luxury Istanbul residences in the sought out area of Camici in the city. Completion date in 2015.
Pretty apartment has stunning views over the Bosporus Sea and is located in a historic area just a few minutes from the sea front. Situated in Uskudar, Istanbul, the property is a huge penthouse arranged over 2 floors and with 5 star facilities and features.
Do not miss out on these off plan properties for sale in Ovacik close to the Blue Lagoon in Fethiye. With only 5 different homes to choose from on the estate, competition for these units is fierce, call today for more information and pictures.
Known as the white house property, this listing has access to its very own private beach. It has been custom designed to the maximum and there are several features that the owners can custom to their own requirements and needs. A chance to put your own spin on a luxury home in Turkey.
Sitting in a large plot of land and offering some of the most staggering views you can find in Ovacik, this villa can be reserved today at a bargain price before completion. A highly sought out destination with lots of potential for you to enjoy.
Off plan projects in Turkey represent some of the best deals currently on the market, this property is no different. With a breathtaking design and spectacular location, this one comes highly recommended and will not disappoint.
With sweeping views over the sea, and a lovely roman style infinity swimming pool, this listing is exquisite – complete luxury in every single detail of the home. This luxury villa in Kalkan is home to 5 double sized bedrooms
One of the last remaining waterfront land plots in Kas Peninsula Turkey directly opposite the Greek Island of Meis suitable for a villa to be built with mooring. The land has planning permission for a house of around 200sqm closed living area. Access to water is assured.