Why buy Off Plan ?
Most importantly, buying off plan in Turkey achieves buying a brand new property at the lowest possible price. Off plan investment works mainly by offering a given property for delivery tomorrow at the price it would be today.As the popularity of the Turkish property market continues to grow, prices increase - sometimes fairly rapidly. The price agreed at contract signing is fixed. The actual payment for the property is made relaxed - in stages, across the construction period of the property.
On completion of the project and key handover, the value of the property can be anything from 20-60% higher than the price agreed. This is also an excellent way of buying a property for personal use. The earlier you commit, the less you pay. As the developer sells more units on a single development, the pressure to sell eases and the unit price rises.
