Off-plan real estate projects in Turkey
There is a great demand for off-plan real estate projects in Turkey by locals and foreigners. However, is it safe to buy off-plan real estate projects in Turkey? This is what we will see in this article from Ebla Real Estate.
Buying off-plan property in Turkey:
” Off-plan property ” refers to a building, structure, or project that is unfinished but actively being worked on.
Many investors want to own Off-plan real estate in Türkiye as it is an ideal investment opportunity due to the recent economic growth in Türkiye and the continuous rise in the price of the property under construction with the progress of the construction stages.
Do we recommend buying off-plan property in Turkey?
Turkey is one of the leading countries in the world in the field of real estate investment. It has a distinguished position among emerging countries. Moreover, the Turkish government encourages investment in the real estate sector. As it provides many distinct investment opportunities in this sector. But, what about off-plan real estate projects in Turkey? Should you invest in them?
Is it safe and profitable to buy off-plan property in Turkey?
The answer depends on many factors. One of the main factors is the good reputation of the real estate developer. If the real estate developer of the project has a good reputation, then it is likely that the investment will be successful.
Moreover, the buyer can save money as the prices of properties under construction in Turkey are low compared to the prices of ready-to-move properties. Thus, buyers can buy an apartment with the exact location and specifications at a lower price if it is under construction.
Furthermore, the buyer of an off-plan property has the option to specify the specifications of the property and choose the type and quality of the finishes.
In addition, to be a profitable real estate project, investors should choose a vital location and make sure of the delivery time.
Thus, investing in off-plan real estate projects in Turkey can be an excellent option for investors to achieve financial returns. It is worth noting that it is better to deal with a professional real estate company to help you to make the right decision and achieve the expected profits.
Edited by: Ebla Group Real Estate
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