Golden advice to Turkish people in Europe who will buy a house in Turkey
Off-the-shelf houses heady for inhabitation and title deed procedures are advantageous for the investors.
Noting that the Turkish construction industry has the strength and experience to produce world-class housing, Çukurova Yapı İnşaat A.Ş. Chairman of the Board of Directors, Tamer Son, gave important advice to Turkish people in Europe who will buy houses in Turkey. Underlining that Turkish companies that have reached a certain capital structure, have sufficient staff and have completed a certain amount of work, have realized very successful projects; Mr. Son emphasized that the residences built by these companies, whose titles are ready, which can be inhabited or rented immediately, will be very advantageous for investors. Mr. Son stated that, in addition to immediately delivered residences, choosing reliable companies that have delivered their projects on time and completely and that have financial institutions behind them is an important criterion for preventing grievances and realizing profitable investments.
Emphasizing that Istanbul, which is among the prominent cities of Turkey and especially the world, in terms of housing investment, is in a very advantageous position, Çukurova Yapı İnşaat A.Ş. Chairman of the Board of Directors Tamer Son gave important clues to Turks in Europe about the points they should pay attention to when buying a house in Turkey. Tamer Son, who advises those who would like to get a quick return on their investments, to use their preference for completed branded projects; underlined that the residences, whose occupancy has been taken, whose deed is ready, which can be occupied or rented immediately, will provide a great advantage by eliminating the concerns such as “Will the project be completed on time, how will the quality be, whether resident title deeds can be obtained”. Mr. Son pointed out that it is very important to choose reliable companies that have delivered their projects in a timely and complete manner and have financial institutions behind them in order to avoid suffering and stated that projects with high premium potential, easy access to the metro, close to shopping malls and in central locations within life will be much more profitable.
The right company and project must be chosen
Emphasizing that the construction industry, which is the locomotive of the Turkish economy, has the strength and experience to produce world-class housing, Tamer Son said, “At this point, the important thing at this point is to prefer companies that have reached a certain capital structure, have sufficient staff and have completed a certain amount of work for a safe and profitable investment.”
It’s time to buy a house in Turkey
Underlining that the recently increased construction costs in Turkey have not yet been reflected in the housing prices of the completed projects, Mr. Son reminded that housing prices will rise rapidly with the effect of cost increases and the decrease in production amount in construction, after the stocks of immediately delivered flats have been depleted recently and said that now is the right time to buy a house in Turkey.