3 tips Of Getting the proper House From The Project

Is it really more lucrative to buy a house from the project? You have to find the answer to 3 questions to see if you can.

one of the foremost important reasons for getting a house from a project is that the expectation that the acquisition cost of the house is going to be more economical and can make a premium until delivery. Well;

How much money should I get the house?

Check the prices and unit m2 prices of the houses that you can get from the project in the vicinity of zero or close to zero and which may constitute a precedent. If you drop 0.75% – 1.00% per month for a few months to complete the project, the amount will be a very reasonable price. For example; The house you will receive from the project is just 200,000 USD. Your house will be delivered in 18 months. It is suitable if you can get the apartment from 15-18% of the 200.000 USD from the project. There is no point in buying a similar apartment at the same price after 18 months with a finished house. Of course, it is very important whether it is a residence, apartment or villa.

If there's more discount than this, you ought to study it with a touch of suspicion.

How much premium does the house need?

It is up to several things that the house received from the project makes a premium. If the corporate you're visiting buy a house from the project doesn't try this just once but continuously, it'll want to achieve the areas during the development phase. A project with an accurate exit price should make a premium of 40-50% until the delivery within the 18-24 month delivery period.

The premium for a home is also associated with how the location is managed after delivery, the controlled execution of used sales and leases and also the quality of the people living there on site. Since you acquire the house at the project stage, you ought to examine the projects that the corporate has done before so as to possess an inspiration about these issues.

What will be the rental income of the house?

The price of the houses throughout Istanbul is equal to the rental income of 20 years. In other words, the price of a house with a rental income of 1000 USD is around 1000 USD x 12 months x 20 years = 240.000 USD. For the investors, the purchase price of the house should be equal to the maximum rental income of 18 years.