Advantages of buying an apartment with the guarantee of the Turkish government

February 28, 2022
Realestate

You will definitely be looking for the safest way to buy real estate in Turkey 404. This is what most investors around the world think of, in addition to their search for high quality and legal ownership, because they lack a lot of information about the Turkish real estate market.
Because we understand how important this topic is to you, the editorial team at Hana Real Estate has prepared a detailed report for you about the apartments that are guaranteed by the Turkish government, and we will highlight its most prominent advantages. We wish you an enjoyable reading.

What do we mean by apartments that are guaranteed by the Turkish government:

The real estate market in Turkey is witnessing great diversity, and one of the most prominent options it provides are the apartments that are guaranteed by the Turkish government, and the principle on which it stands by is the partnership between the governmental and the private sector, where the state provides the land and private companies undertake the task of construction.

What is the importance of buying an apartment with the guarantee of the Turkish government?

Many foreigners wishing to buy real estate in Turkey 404 are looking for the safest way. The projects that are guaranteed by the Turkish government have been well received by them, as they are provided with guarantees that reassure them, which are as follows:
1 – The Turkish government is working on following up the presale stages by following up on the licenses that the construction companies have extracted.
2 – It collects a lot of information about the characteristics of typical apartments and relies on real estate experts and specialists.
3 – Make sure that the ads organized by construction companies are correct, so that customers are not given any information that is not accurate or fake.
4 – It supervises all sales procedures in order to guarantee the right of the buyer, it is also responsible for attesting sales contracts with the notary and translating documents and papers required by an official translator.
5 – The buyer transfers the price of the property to the bank account of the Turkish government, which in turn transfers the amount to the construction company in the form of payments with each development that occurs in the project.

For these reasons, foreigners choose to buy an apartment with the guarantee of the Turkish government:

The projects that are guaranteed by the Turkish government are distinguished by many privileges, which made them the choice of everyone looking for apartments for sale in Turkey, which are:
– These projects combine all the advantages that exist in government and private projects at the same time.
– It is characterized by using the best and most high-quality building materials, as it relies on safety and security standards.
– These projects enjoy elegance and modern designs, both internally and externally.
– It is unlikely that you will find specifications that do not match what was agreed upon or any tampering with the standards.
– When you buy an apartment within one of the projects that are guaranteed by the Turkish government, you will not suffer from the problem of delaying the date of receiving the apartment.
– Among the foreign investor’s fears is that the construction company will go bankrupt, but if he chooses to buy an apartment with the guarantee of the Turkish government, this is one of the impossible possibilities.
– These projects occupy strategic and distinctive locations in the city in which they are located and in the most vibrant neighborhoods.
– You have to know that the prices of apartments in these projects are fully studied, and this is precisely what created a balance in the real estate market in Turkey and made it competitive with real estate in Europe.
– These projects also enjoy many services such as hospitals, schools, mosques, swimming pools, sports clubs, and other service facilities that provide comfort and luxury for the residents of the project.

What about private real estate projects? Is it a good idea?

After we have listed those privileges that characterize the apartments that are located within the real estate projects that are guaranteed by the Turkish government, some may ask: Are the apartments that belong to private companies only an unsuccessful option?
Of course not, despite all the advantages of buying an apartment with the guarantee of the Turkish government, this does not negate the importance of private projects, as it also strives to preserve the rights of the foreign investor.
Also, the investor should be fully aware that not buying an apartment that falls within the projects that are guaranteed by the government does not mean that it is not working to protect him and follow private projects.
It is important to point out that private companies are very interested in handing over apartments to their owners on the agreed dates. In the real estate market in Turkey, there are many private companies with wide fame and complete reliability that you can deal with so that you are assured.

Among the advantages of buying an apartment in Turkey:

Have you ever thought about the amount of advantages that you will get by buying an apartment in Turkey?
Most of those looking for apartments for sale in Turkey aim to invest in real estate. The laws and regulations in Turkey have proven the correctness of investing money in them. The investor will receive a large monthly return due to the population density in Turkey and the influx of foreigners to it from different parts of the world.
Because of the tourist nature of the Turkish state and its annual reception of millions of tourists, there is an increasing demand for homes and apartments for rent.
With the renaissance witnessed by the Turkish economy, political stability and the strong relations that characterize it with most countries of the world, we can tell you that real estate in Turkey has become a safe portfolio for saving and developing money.
Buying a property worth two hundred and fifty thousand US dollars or more means obtaining Turkish citizenship, and this was the biggest motive that motivated real estate investors around the world to choose Turkey in light of all the difficulties imposed by European countries.

Because you are important to us, we strive in Hana Real Estate to offer you the most prominent real estate offers and options that are found in projects that are guaranteed by the Turkish government or private companies. You are safe with us and there is no need to think about the negatives.