Gross and net square meters – The difference between the gross area and net area of the property
Gross area and net area. When buying a property in Turkey or anywhere else around the world, the size of the property is one of the priorities to consider. Therefore, it is important for the investor or the buyer in Turkey to know the difference between gross area and net area; And that is what we will talk about in this article from Ebla Real Estate.
Why is it important to understand the difference between gross area and net area?
One of the most important procedures that must be taken into account when buying a property in Turkey, is to know the gross area and net area accurately.
There is no uniform standard for advertising properties in Turkey. Thus, buyers and investors will notice large differences in property sizes due to the fact that some construction firms use net measurements while others use gross measurements. Moreover, the lack of standards for advertising properties causes shock among investors when comparing sizes in different firm constructions.
Furthermore, the differences between gross and net square meters become more crucial; When one selected property is advertised based on the gross square meter, and the other option is introduced according to net square meters.
The property expressed on the gross square meter seems more spacious. However, if the mentioned gross square meter on the paper is three-fourths of the usable area, then the property is not as large as it seems.
It is worth noting that buyers can use laser measures that allow you to measure long distances with a high degree of accuracy.
In addition, it is better to deal with certified real estate consultants who have extensive experience in real estate laws and purchase procedures; The real estate expert can provide you with signed documents to prove the stated net and gross areas.
What is a gross square meter?
The gross area of the property expresses the total area of the property with all that it contains. Thus, it includes the area of the stairs, columns, garages, gardens, walls, balconies, and even ceilings. Thus, it includes all spaces that do not benefit from them physically.
What is a net square meter?
The net square meter comes from the gross square meter minus unused spaces. The net area consists of the area of the property from outer walls except for structural columns, shafts, or outside finished surfaces.
Why is it important to study the contract well before you sign it?
It is crucial to study the contract before signing. Moreover, the buyer should not rush to sign the contract until it includes the net area and the gross area per square meter.
The sales contract must indicate the exact number of the gross area and net area; if not, you have the right to ask for the mention of the accurate net and square meters in the contract.
Thus, we talked about the gross area and net area. To make sure of all information and to save efforts, it is better to deal with an accredited real estate company, such as Ebla Real Estate, which will take all procedures into consideration.
Edited by: Ebla Group Real Estate
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