How to understand the real area of housing in Turkey before buying?
It often happens that the real area of the housing differs from the announced one and the difference is significant enough to notice it visually. This state of affairs is due to the fact that real estate in Turkey is valued by net and gross area. Both types of area are indicated in the plan and in the real estate plan. How to buy apartments in Turkey quickly and safely?
Net and gross area
Net is the useful living area of the property, those square meters that can be called real area.
Gross is the area of the object, which includes walls, part of the adjacent territory, balcony and staircase. This area is measured along the external walls of the object. The specifics of communication in the Turkish real estate market are such that 9 out of 10 specialists, when answering a question about the area, will say gross and if you are interested in the actual living area, then you need to clarify it individually.
How to find out the approximate real area of housing
This method will not provide accuracy up to 1 meter, but it will provide a very specific understanding. 20% should be subtracted from the gross area. The resulting figure will be approximately equal to the net area and will give you a fairly accurate understanding of the living space.
Before buying an apartment in Turkey , you need to know a specific figure with an accuracy of 1 meter; you will need to look into the Iskan. Please note that this solution is only feasible for facilities whose construction has been completed and put into operation.
Why is it necessary to divide the area?
It is customary to divide the housing area into net and gross for 3 reasons:
- In Turkish apartments, due to the climate, the terrace is one of the most popular recreation areas. There they receive guests, communicate, enjoy the views of nature and fresh evenings.
- After purchasing a home in Turkey, in addition to the property, you will have a public area at your complete disposal in a well-kept and excellent condition.
- In the Republic of Turkey there are no such governing bodies as housing offices, which means that the entire area of the building and the land under it must belong to someone. The only fair solution in this case is to divide them between the owners of real estate.
How to find out the real area of housing on the secondary market
When going to the site, take a laser tape measure with you. Using such a device is extremely easy, no special skills, effort or time is required, and the results will be quite accurate, so before you buy a home in Turkey, be prepared to take accurate measurements.
What factors influence the cost of housing in Turkey?
As already stated above, the area does not primarily affect the price of real estate in Turkey, and the calculation based on the cost of 1 square meter is extremely rare in calculating the final cost of housing. The following factors have a more significant impact on the price tag:
- The cost of the land plot on which the property is built. As a rule, the closer to the sea, the more expensive.
- Year of construction.
- Quality of construction and finishing works.
- Area and layout.
- Floor. For housing in an apartment building in Turkey, the rule is “the higher, the more expensive”, which, taking into account the sea and mountain landscapes, is quite reasonable.
- Geographical orientation. An apartment facing south will always cost more than a property facing north. Firstly, Alanya has at least 300 sunny days a year and south-facing housing does not need heating. Secondly, there is no dampness in such housing for very specific physical reasons.
- View from the window. Everything is simple here: the more picturesque, the more expensive.
- Availability and size of a balcony.
Installment or mortgage
In addition to the opportunity to pay the entire amount at the time of conclusion of the transaction or take out a mortgage, in Turkey you can use installments. The main advantages of this form of payment for the buyer are:
- Comparative simplicity of design. In fact, you don’t need anything other than a passport and a down payment.
- There are no additional costs for document translation. There is also no need to confirm solvency or collect a package of documents.
- The failure rate is minimal, there are practically none.
- The payment schedule can be agreed upon to repay the installments with maximum comfort.
As a rule, installment plans are interest-free, but if there is a commission, the interest will be much lower than in the case of a classic mortgage.
The only significant drawback of this method of buying real estate is that installment plans are only suitable for housing at the construction stage, that is, only for the primary market and this rule knows no exceptions.
How to buy a home quickly and safely
To choose the best option at an affordable price, to complete a transaction in the shortest possible time and without risks, contact our company. We will provide a full range of professional services not only in finding a property in accordance with your preferences, but also at all stages of the transaction from beginning to end, regardless of whether we are talking about renting for any period or purchasing your own home. Still have questions? Contact us and get a consultation right now.