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Should you buy an Under-Construction or Ready-to-Move (complete) Home?
The Turkish real estate market, especially in Istanbul, offers a large number of new projects that contain properties under construction in various regions. Some of these projects have been delivered, increasing the proportion of projects real estate offers.We always guide our clients for the most suitable options for their needs. They ask for advice, which is the best buying a ready-to-move house or an under-construction house in Istanbul
Well, we are here not to recommend one of the two options at the expense of the other but to show you how to know which one suits you more so you can easily choose between owning a ready property or property under construction in Istanbul.
Why buy a ready-to-move property in Istanbul?
1. You can move to the house immediately.
2. When you go to preview a ready-made house in Istanbul, what you see is what you will buy.
3. In ready-to-move and complete properties, payment is in cash and installment payment is rarely available.
4. The ready-to-move property shall be the highest price of the property.
Why buy a property under construction in Istanbul?
1. under-construction properties are recommended for those who want to invest for the investment value that increases with the passage of time and progress in the stages of construction.
2. When looking at real estate under construction you will find more options in terms of location, floor, space, and view. Also, you can make adjustments that suit you.
3. The price of the property under construction is cheaper than the ready-to-move property, and allows more installment possibilities with flexible payment plans with higher rates in the discount on cash payment, especially at the first stages of construction where construction companies offer more distinctive offers.
4. The previous factors help to raise the value of the under-construction property for people who want to resell the property later.