Purchasing Real Estate in Turkey at the Foundation Stage

In Turkey, it is allowed to buy property at any stage of construction, including the very initial stage - the foundation stage. This means that you can make such a transaction not only if you are a citizen of the Republic but also if you are a foreigner. Buying property at the initial construction stage is the most advantageous, and here's why:

1. Price: At the earliest construction stage, property prices are the lowest. The cost of the property will be 25-30% lower than in a completed building. As construction progresses, the price of the apartment or villa will increase.

2. Terms: Typically, all Turkish developers offer installment plans for purchasing property during the construction phase. Payment is usually required in full before the residential complex is delivered. Therefore, the earlier you buy the property, the more time you have to pay for it. Moreover, these installments are usually interest-free. This is advantageous because, despite price increases during construction, the buyer will pay the minimum cost in installments without interest.

3. Choice: In Turkey, the practice of buying property at the construction stage is widespread, so by the time the construction is completed, most of the apartments are usually already sold. Of course, the best options are the first to be taken. Therefore, buying at the foundation stage provides an excellent opportunity to choose an apartment on a particular floor with specific views and other characteristics.

4. Customization: Those who buy property at the early construction stage have the opportunity to customize their future apartment. For example, you can choose a different type of flooring, change the wall color, or request different plumbing fixtures. You can even negotiate changes to the room layout, as long as it doesn't disrupt the overall building geometry and remains safe. Developers are usually willing to accommodate such requests.

5. Safety: The construction of all residential complexes in Turkey is under strict control. There are several construction stages, and each of them must be completed within predefined timeframes, overseen by special state commissions. Delays in construction can result in significant fines for developers. In rare cases, the construction license can be revoked, and another company will complete the residential complex. So, in any case, the property will be delivered on time. Construction typically takes only one to two years, making you a property owner relatively quickly.

6. Profit: Property prices increase not only as construction nears completion but also steadily over the years. This means that the money invested in purchasing property at the construction stage will not only retain its value but will also appreciate over time. This provides an opportunity for a significant profit when selling a completed property.

7. Guarantees: To ensure that you choose a reliable developer (which can be challenging, especially for foreigners), it is recommended to turn to real estate agencies when purchasing property at the construction stage. For example, our agency works only with the most reliable and verified construction companies. We take responsibility for the purchase and ensure all legal norms are met. Furthermore, when you contact us, you can choose the most suitable option from a variety of investment objects offered by different developers. RestProperty experts will assist you throughout the process, ensuring a secure transaction.

Buy property at the foundation stage; it is genuinely advantageous, convenient, and safe!