Property in Turkey from developer or secondary housing?
When it comes to foreign property, we recommend buying new. That's because the new real estate – apartments, villas, cottages – are sold by the developing company. However, to know what's going on in the secondary market of the state is very necessary. It is worth noting that the question "Best property – is real estate from developer or secondary housing?" is as old as the real estate market itself.
Being in an active struggle with competitors, almost all sellers actively promote the following idea: property from the developer in Turkey is a "brand-new" object, which cannot even be compared with the "old dusty houses" offered on the secondary market. These kinds of promotion are at least cunning.
What is the truth? The truth is that today in the Turkish secondary market completely different objects are offered: old wreck, brand new apartments, villas and houses, which only yesterday were "new". A unique, indescribably beautiful historical object, can they be found among the new buildings?
Some experts believe that Turkish real estate from the developer is better. This is confirmed by the fact that every year in this country the standards of modern construction are improving, the quality of work and materials is growing. That’s why we can see rapid growth of foreign investment in the Turkish real estate.
Analysis of the secondary and primary market of Turkey shows that the cost per square meter in a new building is higher than the cost on the secondary market. Of course planning, comfort, and quality of construction materials of old houses can be worse than the new apartments.
In case you want to buy property quickly, you should consider the apartment which was occupied for no longer than 3 years. In case you have plenty of time, RestProperty experts recommend purchasing apartments that are under construction. This allows you to save up to 20% of the total cost; in addition, you will have the opportunity to choose your own quality and design of finishing materials.
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Author: RestProperty
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