In this article, we are trying to talk about pre sale property in Alanya. We believe that with sufficient knowledge you will have a safer purchase.
If you invest in Turkey with full knowledge, you will undoubtedly benefit from it. Investing in other countries is one of the ways to earn income.
You will not only benefit from the facilities of life in Turkey, but you will also make a profitable investment by making a good purchase.. We are trying to make you aware of this. Awareness is your right.
The most important question that will concern your mind, in this case, will be the following two issues.
1)In which neighborhood should we pre-purchase our property?
2)How to guarantee the quality and finish of our property?
Regarding the first question, if you are familiar with the city of Alanya, you definitely have the knowledge to choose which of the neighborhoods.
The most famous neighborhoods of Alanya, which are important and interesting in terms of tourism, include Mahmutlar, Kestel, Oba, Cikcili, Tosmur, Kargicak, and Alanya (Center).
The choice of these neighborhoods will suit your taste. Depending on what purpose you have decided to buy a property in Alanya, you should choose the neighborhood you want. You should also pay attention to the areas that are closed for accommodation.
But if you are not familiar with this city, you will need a reliable broker to find the right one:
Do you need a reliable and efficient guide to pre-sell a property in Alanya? Getting advice from people with experience in legal and financial fields can be effective in advancing your goals. We proudly provide you with our years of experience for free.
Our consultants in Negin Group and its sub-set of deluxe properties will be with you with five years of experience in Turkey’s real estate affairs. You can get free advice in any field of immigration to Turkey by calling.
This issue will be of great help to you in order to find the right target and pre-sale property in Alanya.
How to find a reliable construction company?
Regarding the second question, if you are not familiar with a trusted and reliable construction company, you may face problems on the way to your goal. But don’t worry, we are with you in all stages. Our association with you will greatly reduce your risk percentage. With our many years of experience in real estate and immigration affairs, we will help you to achieve your goals in the most reliable and fastest way. We introduce you to the best builders in Istanbul and Alanya.
Problems such as:
- Not completing the project
- Delay in project completion
- Not using good material
- Not getting the job done and…
Our consultants at Negin Group and Deluxe Properties will be by your side to introduce you to the best builders and builders who have guaranteed their future work with their previous projects.
This is a very important issue to preserve your capital and guarantee your profit after the completion of the project. Because if you don’t work with a reputable company, you will definitely have problems with it in the future.
Negin Group team has always tried to provide you with many years of experience in civil affairs, immigration, obtaining Turkish citizenship and passport, and reconstruction and construction to help you achieve your goals and dream life.
Pre sale of property in Alanya in installments:
You must pay attention to the important points that you do when buying a property in installments.
One of the issues that always concern the mind for temporary capital in the property pre sale sector in Alanya is how to ensure the security of our capital.
In previous years, when the builders did not need to put a mortgage (mortgage or bank guarantee) for the pre-sale of their property, there were frauds. Fortunately, these issues have been resolved to some extent with the help of the Turkish government. But you still have to have enough information and work with a good team.
These scams were such that in some cases the builder ran away after selling the units to a few people or a large amount of the units before the completion of the project.
Turkish government legislation for pre-purchase of property:
All builders are required to provide a bank guarantee, in cash or real estate. This guarantee is required because the builder is obliged to complete his project.
The next thing to consider is currency fluctuations in the Iranian market. But why is this important? This issue can be the main cause of your loss in immigration and buying installments.
In the same way, most of the people who claim losses in Turkey (except personal frauds in which the person himself is guilty) suffered from it in recent years.
For example, someone buys an apartment for 50,000 euros. He bought it at the time of Euro for 7000 Tomans and he paid half of it. With this account, he must pay half of the amount of 350 million in installments. Now, with the increase in the price of the euro, he must pay two to four times the price of the entire property until the end of the installments.
Because your income and expenses from your country may be changed with Dollars or Euro.
But you should pay attention to the risk of this issue.
How much is the advance payment?
This amount is usually determined according to the progress of the project.
Usually, the projects that are at the beginning of the way receive 30% of the amount of the property and divide the rest.
How many months are the installments in Alanya?
Usually, the installments can be extended until the end or one year after the completion of the project.
Can I get a bank loan in Turkey?
This is one of the most frequently asked questions. But here we firmly answer you that it is not possible to get a bank loan for foreigners.
And anyone who offered you a bank loan if you buy a property is nothing but a fraud.
Now the question arises that if it is not possible to get a loan, how can the installment purchase be done?
Installment purchase is done by a contract between the manufacturer and the buyer. In this case, the document will remain in the name of the manufacturer until the installments are completed.
Or by placing a mortgage (which can be cash or a real estate document) the document will be issued in your name.
Is it affordable to pre-purchase a property in Turkey?
Of course, if you do your investment correctly, it will be profitable for you.
At the time of writing this article, Turkey’s economy is among the top 15 economies in the world. So, naturally, investing in this country can be a good investment move.
Also, all the mines and resources of Turkey are closed until 2023 due to the contract. The reopening of this sector will definitely have a significant impact on the economy of this country.
Turkey’s economy is based on agriculture, the automotive and assembly industry, fabric production, and the fashion industry, as well as tourism.
In recent years, with the influx of foreigners who are interested in buying property and living in this country, property prices have experienced good growth.
This price growth will undoubtedly continue and will become a good opportunity for those who invest in this sector.
Also, the pre-sale of property in Alanya is considered a very safe method of investment. During the last decade, Alanya’s real estate market has grown tremendously. Every month hundreds of real estate transactions are done in this area and the market of Turkish buyers and foreign immigrants is always in circulation.
Is it possible to sell our property before the completion of the project?
Yes. In general, you may have pre-purchased your property in two ways.
Paying installments while a mortgage is placed on your property deed.
Continued payments with a written contract between the seller and the buyer.
In both cases, you are able to transfer your property to another person. But in the first case, you need to sell the property with the permission of the owner. This is because your mortgage is in the seller’s name and warranty. You receive the amount paid or the agreed price with the new buyer. After that, you transfer the new contract to the name of the buyer.
Is it possible to obtain Turkish residency or citizenship by pre-purchasing a property in Alanya?
If you are only looking for a Turkish residence, it is possible that you can apply for a residence by notarizing your contract. But when it comes to citizenship, the matter will be a little different. You must provide a property document equivalent to 400,000 US dollars to the Turkish Population Office. It is possible for you when your desired project has a document and it is possible to transfer the document to you.
Also, you should keep in mind the points we mentioned above. Above are some points to guide you during the pre-sale of the property in Alanya.
Most people pre-purchase the property because they have done a certain business with its price growth in the future. But what are the points that will have a direct impact on the price of your property?
What features affect the property price in Alanya?
Of course, first of all, you need to specify the target market for sales. In general, property buyers in Alanya are divided into two groups: Turks and foreigners. The tastes of these people are very different and you must have a complete view of this issue. If you intend to earn money from the pre-sale of property in Alanya, read this article to the end.
Turks usually like simple apartments without a sea view. This is because they usually choose more crowded places to live. Places that are close to schools and shops are more preferred. But this case is different for foreigners.
Usually, foreigners like properties that have facilities such as:
- Open the pool and cover up the sport Club
- 24-hour security
- the cafe
- Massage salon
- Cinema and theater hall
- Barbecue area
- Aqua park
- and many other facilities that convey the feeling of living in a 5-star hotel to its residents…
All these features are effective in the price of the property and identifying the target market of the property. Also, other important points have an impact on the property price in the future.
Among these, the following points can be mentioned:
- Sea view and city view
- Distance from the sea
- Distance from shopping centers
- Materials and build quality
- The value of the land price in the said neighborhood
- Residents in that complex
- Features of the project in which you are going to buy.
- The neighborhood of the desired property
You will have a safe purchase by considering the above as well as the points that you definitely have experience in. We will be by your side to check all these points. You will have a safe and profitable purchase with us.
The Negin Group team is ready to cooperate with you in Alanya (Old Hospital Square) and Istanbul (Eskole Tower in Snivert Square) and Tehran (Yousef Abad) offices. You can benefit from our services by visiting in person or making an appointment to get advice. Also, Nagin Group will be with you by providing VIP services in Turkey and providing all services from zero to one hundred for obtaining citizenship and buying property.
Selling a property in Turkey:
- There is always a hot discussion about buying property in Turkey. Now we want to examine how you, as a foreigner, can sell your property after buying a property in Turkey. To sell your property, you need to market the property you want. First of all, you should know that you will not have any obstacles to selling your property in Turkey. Unless you are busy buying and selling property in Turkey. In this case, you cannot buy and sell more than one property in your name in a certain period of time. Otherwise, you will face a heavy tax penalty.
- The next thing is to pay attention to the price listed in the document or the tapu. You must pay attention to the fact that you cannot carelessly include the selling price of your property in the property document. You should pay attention to the previous price registered by you in Tapu. Because if you decide to sell your property within a period of 5 years and you sell the property you want with added value, you will have to pay up to 35%. Usually, all property sellers in Turkey do not show the real price in Tapu. They evade taxes.
Important: The price is listed in the document!
- The next item is the document transfer costs. You should know that when selling a property in Turkey, the document transfer costs are the responsibility of the buyer. As a seller, you only have to pay taxes for the time you own your property. However, according to the 4% fee law, the transfer of the document is the responsibility of the parties on a 50-50 basis. But in most cases, all of it is paid for by the buyer.
- Be sure to receive the amount of the property before naming the title deed at the registry office. After naming the property, you have no power to get your money or you may face a long legal process.
Pre-sale of property in Alanya and Turkish citizenship:
As you know, one of the ways to obtain Turkish citizenship is to buy a property worth 400,000 dollars. Whether you buy a property of this value or several properties. But of course, you must have the title deed in your name to be able to apply for citizenship. If the builder is unable to sell the property due to having a bank mortgage, you will not be able to sign the document.
Most of the time, during the pre-purchase of the property in Alanya, they look for installment purchases. Well, it is normal if the property document is not in your name until the settlement of the account. In some cases, the builders agree to transfer the document to your name by placing a bank mortgage.
The next item is property expertise for citizenship. You should pay special attention to this. It is important that the expert reports the property at the price you purchased it. In some cases, the manufacturer will not allow you to show the original price to pay the tax. Even if the expert shows the price.
Very important point:
You may buy your property in installments and mortgage your house to the bank to get the property deed. In Turkey, this practice is called mortgage. You should pay attention to the fact that the amount you have mortgaged on your property cannot be considered the amount required for citizenship. To obtain Turkish citizenship, you need to follow a series of steps. In this article, we have explained these things completely.
Is it profitable to buy projects under construction?
In this case, special attention should be paid to several points. First, the location of the desired property should be checked. The location itself will play a significant role in the future of the property. Also, municipal plans are very important for the future of that neighborhood and around the project. You should research what facilities will be built near your property in the future. For example, if in the future a property or a recreational business center is built next to your desired project, it will have a significant impact on the future of your property.
The next thing that must be paid attention to is the quality of the project material. You should make sure of this by looking at the builder’s previous projects. You only see the 3D image of that project and you must mention in your contract what material will be used in the facade and interior of the building. Also, if you buy your apartment furnished, their brand and quality will be included in the price of the property.
The next item is the amenities of the project. The more facilities are included in the project, the higher its price will be. We have talked about these facilities in several different articles.
In which city in Turkey should we pre-purchase property?
It totally depends on why you have chosen to buy property in Turkey. You can get citizenship, have a peaceful life, business or investment can be your possible goals. If you are applying for Turkish citizenship, you will undoubtedly have more options to choose from in Istanbul. You should know that not every property is suitable for obtaining citizenship.
In short, if you are looking for a quiet and quality life with good weather, we recommend Alanya. This city is located in the south of Turkey and has a very favorable climate due to its proximity to the Mediterranean Sea. In this city, you will enjoy its nature along with the good amenities of the city. The security of this city is very high and many foreigners live in this city. It is believed that today’s Alanya is one of the most tolerant and profound cities in Turkey, where different nations and religions live in peace and happiness.
But if you are looking for business and excitement of big cities. Or you intend to continue studying in better universities for yourself or your child. We suggest you the city of Istanbul.
Property pre-sale problems in Turkey:
When you are looking to pre-sell a property in Turkey, you should also consider its risks. Undoubtedly, every investment anywhere in the world has its own risks. But you can reduce your error percentage by having knowledge about these risks. Here we try to get acquainted with these risks and check their solution.
1) Not completing the project on time: You should pay special attention to this issue. The manufacturer may deliver your purchased unit later due to any problems. Here, you must have defined losses and damages in your contract. This way you will not suffer any loss. Your only loss may be the loss of your time.
2) Not using the right material: When purchasing a project, you must have chosen your unit by seeing the 3D images. But it may not be what you expected when the project material is delivered. To prevent this from happening, you must deal with a reliable manufacturer. We introduce you the most reliable and the best in the cities of Alanya and Istanbul.
3) Violation in the construction and non-accommodation:
For any reason, the builder may not be able to get the settlement, which is the completion certificate, for the property. If this happens, your property is facing a big problem. You should clearly mention this issue in your contract so that in the future if you don’t get the accommodation, you can claim damages from the builder.
3) Not paying attention to the location of the property at the time of purchase:
It is very important to pay attention to this point at the time of purchase. Where is your property located in the city, how are the city accesses and what are the plans of the municipality for the future of that neighborhood. In this way, we not only make a safe purchase, but you will also benefit from more benefits at the time of sale. Of course, as an immigrant, you do not have this information. It is our duty to familiarize you with these issues.
4) Builder running away and not completing the project:
This issue was one of the biggest fears of buyers of properties under construction in Turkey. Even for Turks, this problem could happen. For this purpose, the Turkish government took measures in this field. If a builder wants to pre-sell his property, he must put an equivalent deposit in the bank. This collateral can be in the form of cash or property. After doing this, the builder will be allowed to sell his property. This way you can buy with confidence. But still, you should have a good guide by your side. to choose a suitable project for purchase.
5) Dollar and Euro fluctuations:
Of course, this problem occurs when you have made your purchase in installments. Also, you live in Iran and you need to convert Tomans to dollars or euros to pay your installments. Dollar fluctuations can always be to your advantage or disadvantage. But our suggestion is always to choose the worst case. Let’s explain this with an example: suppose you bought an apartment for 100 thousand dollars, today you have to pay 300 million tomans every three months. But if the dollar goes up, you have to pay 350 million tomans. This may throw off all your calculations.
How can investors avoid these problems and what points should they consider?
1. Preparation of the pre-sale contract in the official form:
It is better to prepare the pre-sale contract on the official form and include all the details, including the property, conditions of the parties (buyer and seller), personal information and signatures of the parties, and a number of other information.
2. Completion of the contract must be done exclusively by notary offices:
After the text of the contract, its terms and contents are prepared in the notary offices, it must be approved by the relevant office.
3. The contract should include all the basic elements:
This means that in the text of the contract, the terms of the agreement of the parties, the area of the property, its specifications, the date of delivery, the determination of the price, the number of installments paid and the remaining installments must be specified precisely.
4. Keeping a copy of the contract and all related documents:
One of the important recommendations to you, dear ones, after registering and adjusting the contract in the notary’s office, is to keep a copy of the approved text of the contract with you, so that you can have it in case of need.
Of course, other things may come to your mind. If you are interested, you can contact us to get enough information about it.
Can we get Turkish citizenship by pre-purchasing a property in Turkey?
The answer to this question is yes. But you should note that you will not have the ability to obtain Turkish citizenship until the document is in your name.
Also, keep in mind that property appraisal and pricing is an effective discussion on the way to this goal. After examining these issues, we have to choose our property. At the time of pre-purchase, as mentioned, you should pay attention to the points that are very effective in the progress of the investment.
You can obtain Turkish citizenship by pre-selling a property in Turkey in two ways.
1) Advance purchase of a property in Alanya with an advance payment of 400,000 dollars:
For example, you choose a property worth 700,000 dollars to buy. In this case, you can apply for Turkish citizenship by paying an advance payment of 400,000 dollars and putting a part of the tapu in your name.
2) Buying a property with a total value of 400,000 dollars:
In this case, you have to pay the entire amount of the property. Then you can apply for Turkish citizenship and Turkish passport. But in some cases and there are some projects whose owners give you pests. They receive an amount as an advance payment, which is usually 50%, and receive the rest from you in installments. But by receiving a mortgage and putting a loan on the deed they put in your name, they give you the possibility to put the property deed in your name completely. Then you can apply for citizenship.
We are with you to introduce the best of these projects to you so that you can achieve your goals by purchasing from them. Also, we will seek to guarantee the profit of your investment by examining all legal points. Also, by buying directly from the builder, you buy your property at a real price and with more peace of mind.
Is it better to invest in pre sale property or construction?
If you have construction experience, you know that this job is always one of the most profitable jobs anywhere in the world. But in order to check this question, you must define your task and your loss. Most of the friends choose Turkey to spend peaceful and relaxing days. If you are financially secure, you can do this. But to earn money, you can earn money by buying projects under construction. So that after completion, sell them at a higher price.
Or you can get a good profit by buying land and entrusting it to construction companies like Negin Group.
If you are interested in participating in the construction, you can contact us for more information.
Making money by renting property in Turkey:
You can always earn money by renting out your property in Turkey. You can rent your property annually.
Renting the property on a daily or weekly basis:
Many people buy one or more properties and rent them to tourists. For this purpose, you should buy your property in tourist spots. After furnishing it, you can rent it. Although this work has a good income, it also needs to be handled.
Renting the property annually:
You can rent your property for one year, considering that there is no such thing as a mortgage in Turkey, so you cannot receive your monthly or yearly payment in one lump sum. Rather, one or two monthly rents will be received as a deposit by you when you check the house after the end of the contract and if there are no problems, you can return the deposit to them.
If you rent your property furnished, be sure to receive at least two months’ rent as a deposit. If the tenant damages your property or its equipment, you can deduct from it.
Advantages of pre-buying a house in Turkey:
- The price is right
- Own a house in Turkey for a much lower amount and even in installments.
- Earn a lot of profit from the sale of the property after completion and handover.
- Ease of scheduling payments
- Property design according to the buyer’s taste
- Dollar or Euro investment
Disadvantages of pre sale property in Alanya:
There are always disadvantages or rather risks along with the benefits of investing in any sector. One of these risks is not being familiar with reliable manufacturers. Of course, our group has solved this problem for you. We introduce you the most reliable ones. Although these manufacturers have a reliable company, you should not ignore events such as the death of the manufacturer or natural disasters.
Another disadvantage is that due to the constant exchange of dollars and euros, you may face a loss. Because most manufacturers settle their contracts in dollars or euros. And accordingly, you have to pay more Rials if the dollar rate increases. This is a very big reason why most Iranians have lost here.
Contact us now for information on the pre sale price list of the property in Alanya, Turkey and free advice on buying the property.
Or visit our page to see some pre sale property projects in Alanya.
Your satisfaction is our credit…
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