Advantages of buying a property with the guarantee of the Turkish government
There were many stimuli for real estate investment in Turkey, which led to an increase in the volume of investment and residential real estate projects in all Turkish municipalities due to the availability of a solid ground and logical elements for the development of the real estate sector in Turkey. Among these components is the desire of investors to obtain the advantages of buying a property with the guarantee of the Turkish government as a kind of safe employment and profit for their immigrant capital, or even for the cash flowing at the local level in the field of real estate investment in Turkey.
Advantages of buying a property with the guarantee of the Turkish government
Administrative advantages of buying a property with the guarantee of the Turkish government
1.Buying a property with the guarantee of the Turkish government means that the Turkish government assumes the tasks of managing and supervising the implementation of the real estate project, starting from the first stages when securing the land on which the project will be built to securing all the requirements of the project until it sees the light in the Turkish real estate yearning.
2.Buying a property with the guarantee of the Turkish government is an investment partnership between the government public sector and the private sector in order to establish real estate projects consisting of many residential communities with the aim of securing the purchase of a property with the guarantee of the Turkish government for the largest possible category of consumers.
Legal advantages of buying a property with the guarantee of the Turkish government
1.Buying a property with the guarantee of the Turkish government means that the Turkish government undertakes the legal follow-up of all the detailed stages of the real estate projects it supervises in terms of matching the specifications on the executive plans with what is actually implemented on the ground.
2.Buying a property with the guarantee of the Turkish government means legal coverage for all parties to the project, including sellers and buyers, in order to guarantee the rights of both parties.
3.Buying a property with the guarantee of the Turkish government is for the Turkish government to supervise the marketing of real estate resulting from the housing project in this way to protect the consumer from falling into the trap of manipulation and fraud that some brokers and promoters may carry out.
4.Purchasing a property with the guarantee of the Turkish government stating that the process of selling these properties is carried out according to official contracts duly certified by a notary, And that those contracts are translated into the Turkish language by an official translator, and the translated copies of the contract must also be duly certified.
5.Buying a property with the guarantee of the Turkish government means that the Turkish government exercises a kind of protection on the real estate project as a whole to ensure the success of the economic feasibility of the project, achieve a return on investment, and deliver people their increasing demands to buy a property with the guarantee of the Turkish government.
Investment advantages to buy a property with the guarantee of the Turkish government
1.Buying a property with the guarantee of the Turkish government means that the initial payments of the price of real estate are paid according to the accepted principles of paying the price of the property, to government bank accounts, and this is the advantage of buying a property with the guarantee of the Turkish government.
2.Buying a property with the guarantee of the Turkish government means that the full price of the property is not paid until after the completion of the construction operations in the housing project in order to guarantee the right of both the buyer and the seller.
3.Buying a property with the guarantee of the Turkish government means transferring the cash payments paid by the buyers to real estate companies in installments until the full payment of the property price.
4.When the Turkish government is the guarantor of a real estate project, this means compliance with the technical specifications of the properties in the project due to the guarantee of the Turkish government and compliance with the executive plans.
5.Buying real estate with the guarantee of the Turkish government means that the real estate prices in the real estate project supervised by the state are considered prices, free of greed and competition in the Turkish real estate market.
Steps to buy a property with the guarantee of the Turkish government
1.Checking out the project site
When the government announces the undertaking of certain real estate investment projects, it is useful for you to review this project in terms of the location, area and investment features in the area chosen by the state to establish the project in order to help buy a property with the guarantee of the Turkish government.
2.Full reassurance that the project is located within the safe areas of the Turkish government.
3.Cooperating with the Real Estate Registry Office, which is familiar with the real estate project and is in contact with its management and is aware of all types of properties offered for sale with the guarantee of the Turkish government, with all the detailed specifications in order to help you buy a property that is suitable for you with the guarantee of the Turkish government in terms of specifications and in terms of price as well
4.In the event that a property is purchased with the guarantee of the Turkish government, all real estate purchase and sale transactions are translated into Turkish and certified by an official translator.
5.Monitor the appropriate budget for the purchase with the guarantee of the Turkish government:
This is because the options available to you in the Turkish real estate market and in real estate projects in which the Turkish government is a party and supervises their implementation are many and very diverse, with different specifications and prices as well, you must determine the amount allocated to buy a property with the guarantee of the Turkish government with the required specifications, and the real estate broker or real estate consultant usually helps you in this step, which shortens you time and costs.
6.Even if the real estate project is guaranteed by the Turkish government, it is better, according to the principles of sale and purchase, not to pay the full price of the property before completing the construction process and receiving the property at the notary public.
7.Check the real estate project from time to time and follow the progress of the implementation processes to be able to conduct a field inspection before purchasing a property with the guarantee of the Turkish government.
8.Prepare all papers and documents required to complete the process of buying a property with the guarantee of the Turkish government, and it is preferable to hire a lawyer to receive the required instructions correctly.
9.The contract is signed between you and the seller, who is here the owner of the project under the supervision of the Turkish government. The contract is registered with the notary public and the title deed is extracted. After paying the price of the property in full, the key is handed over to the new owner who purchased a property with the guarantee of the Turkish government.
10.Determine the purpose of buying a property with the guarantee of the Turkish government:
Is the property you want to buy with the guarantee of the Turkish government for the purpose of housing with family members or for personal housing? Or did you buy the property for the purpose of reselling it and benefiting from the investment profit, or for the purpose of renting it out and benefiting from a fixed return? Is the property for commercial activity?
These questions really help you in heading towards the right real estate project that the Turkish government undertakes and supervises its implementation and marketing of the resulting properties, and helps you make the right choice and actually benefit from the advantages of buying a property with the guarantee of the Turkish government.
