Under Construction Vs Ready to Move 

Often buyers are in a dilemma while making a real estate property decision. The major confusion lies in whether to buy a ready to move property or an under-construction property. There are two main types of real estate in Turkey, under construction vs ready to move property in Turkey. And that is what we will talk about in this article from Ebla Real Estate.

Under construction vs ready to move property in Turkey:

Both have advantages and disadvantages, so buyers and investors should know the pros and cons of both of them.

Under construction properties in Turkey?

Under construction refers to a building, structure, or project that is unfinished but actively being worked on. The property is under construction, whether it is independent or within a residential complex, as long as its construction is not completed or is not ready for delivery.

Ready-to-move-in real estate in Turkey:

Ready to move-in property is that property which is complete and is ready for occupancy. Moreover, it is the property that the buyer or investor who wants to own real estate in Turkey can see, examine and evaluate it on the basis of its current stable situation.

Cons of under-construction property in Turkey:

• An under-construction property is likely to cost less than ready-to-move-in properties so it is an opportunity to save money.
• Moreover, as the construction work in progress, the cost of your property also increases
• Thus, the property under construction in Turkey is an investment opportunity since you are buying your property at a lower cost and the percentage of profits increases as real estate prices increase every year in Turkey.
• Furthermore, buying a property under construction in Turkey is a good option for those who do not have enough money to buy a ready-to-move-in property.
• That is because the buyers wishing to buy under construction real estate, they can pay by installments or by cash.
• In addition, the buyer has the option to specify the specifications of his apartment and choose the type and quality of the finishes.

Cons of ready-to-move-in property in Turkey:

• The buyer can instantly move into the new house and immediately can get the title deed.
• Moreover, there are no risks of delayed possession.
• Furthermore, the buyer can see and inspect the final outcome.
• Additionally, Ready-to-move real estate is the best option for those wishing to buy a property in Turkey in order to obtain Turkish citizenship in case the price of this property fulfills the conditions for obtaining Turkish citizenship through real estate ownership.

Pros of under-construction property in Turkey:

• Delay possession is one of the most common issues related to under-construction projects. In most cases, the project got delayed due to various reasons and in this situation, the buyers face the consequences.
• Moreover, the increased cost of property is a common problem faced by the people who book under-construction property. If the project got delayed for even two years, the builder may ask for increased cost for the property.
• In addition, those wishing to obtain Turkish citizenship cannot apply for it until they pay the full amount and get the title deed.

Anyway, those wishing to buy a property under construction can avoid all these problems by assigning an accredited legal real estate company like (Ebla Real Estate Company in Bursa). Thus, all problems will be solved as follows:

Assigning Ebla Real Estate Company (the certified accredited real estate company in Bursa) to inspect the property under construction and accurately calculate the construction costs.

Follow up the process of paying the installments to the construction company according to the agreement.

In addition, Ebla, with its expert staff, guarantees the completion of work, construction on time.

Thus, the property owner avoids the problem of delay and non-compliance with the delivery date.

In addition, Ebla Real Estate Company in Bursa handles the file of naturalization by lawyers specializing in foreign affairs in Bursa. Thus, with Ebla, obtaining Turkish citizenship is only a matter of time.

Pros of ready-to-move-in property:

• Buying a ready-to-move-in property might not always ensure you a new home.
• Moreover, buying a ready-to-move-in property in Turkey reduces the chances of choosing the property features, location and the view.
• Furthermore, buying a ready-to-move-in property in Turkey requires paying the full amount in order to obtain the title deed of the property (the Tapu). Thus, this may be a problem for some who do not have enough money.

In order to overcome these obstacles, (Ebla Real Estate in Bursa) develops solutions for its clients:

Ebla Real Estate Company has extensive knowledge of the real estate field in Bursa. Moreover, we offer a lot of options of real estate in different areas of Bursa city. Thus, the buyer can pick and choose the most suitable property for him.

In addition, Ebla Real Estate Company, with its real estate advisors, evaluates the property correctly, equal to its true value.

As for the legal and administrative aspect, Ebla Real Estate in Bursa carries out the procedures of transferring the ownership and issuing the title deed under the name of the new owner quickly and easily.

Thus, in this article from Ebla Real Estate, we talked about the advantages and disadvantages of under construction property in Turkey and the advantages and disadvantages of ready-to-move-in property in Turkey.

Edited by: Ebla Group Real Estate

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