An unplanned flat in Turkey

The plan to buy an apartment in Turkey is one of the most important forms of investment and has proven to be very successful in the Turkish real estate market. Because this method involves a substantial price increase when the property is ready to live in or invest in, this guarantees a good profit margin for the investor. However, considering the benefits of this type of investment, it is considered a relatively high-risk option due to the high risk of real estate fraud when buying off-plan apartments in Turkey.

Examples of real estate fraud when buying an apartment under construction:

Cases of real estate fraud can occur when there is no project at all, but the most famous cases of fraud involve the handover of properties, especially apartments, after they are fully equipped, but with completely different specifications than the previous agreement.

When an investor applies to buy a planned apartment in Turkey, the company in charge of the property must clarify all the specifications and services that will be provided after the completion of the project and conclude an agreement based on these specifications. However, there have been cases of real estate fraud in which apartments were delivered with different specifications and different projects. Mainly the service is not perfect.

How to avoid real estate fraud when buying off-plan housing?

Before signing a contract for the purchase of a Turkish apartment or property under construction, the buyer must ensure that the following information is provided:

Make sure that the sales contract includes a technical condition document: this is the official document of the construction company in charge of the property, clearly stating the equipment specifications of the apartment, including the type of floors and tiles, doors, paints and dyes used, color and quality, whether wallpaper is used And where to use wallpaper, the height of the ceiling, information about the installation of water, gas and electricity, the type of glazing used, the equipment used for furnishing in the kitchen and stating their number, the type of heating in the apartment, the presence, type of air conditioning and quantity, as well as complex facility services including swimming pools, gyms, warehouses, parking, security services and more.

The authority in charge of the project must provide a floor plan of the floor where the apartment is purchased. The plan contains the distribution of all the apartments on the floor and a sign is placed to identify the purchased apartment and is signed and stamped by the selling company, in addition to the signature of the manager of the same company who signed the purchase contract stating the directions on the floor plan and Know the directions and views from the apartment. And make sure you don't get another apartment on the same floor with a different view or inconsistent orientation.

A floor plan of the purchased apartment itself is also attached to the purchase contract, where the apartment floor plan shows the apartment's gross area, net area, layout of the rooms and their dimensions, location and balconies and other details about the apartment.

When signing a purchase contract, care must be taken to ensure that a sworn interpreter approved by a notary public is present, as legally the contract will be in Turkish and the buyer, especially a foreigner who is not fluent in Turkish, must do the same for you. Know all the details of the contract and make sure the contract is consistent with the agreement.

If all the above factors are present, then the buyer can be sure that the developer cannot change any specifications of the apartment or the project or replace it with another apartment, because he has official documents guaranteeing him a fair trial before the Turkish court, if it happens after that manipulate.

Property Superiors offers solid projects that guarantee a safe and profitable investment. Through its professional team, it provides you with all the necessary legal and real estate advice to ensure that the apartment you receive is identical to the one you bought.