Buying Off Plan

Buying 'off plan' couldn't be easier, the best way to reap the benefits.

Buying off plan is the smart way to purchase your dream property in the sun. It gives you the ability to select the best plot within the development and to add your own personal design ideas to the property. All you have to do when you have found your ideal property is to reserve it with a small deposit of £2,000. Investors have been using this buying method for years.

The advantages of buying 'off plan'

Firstly- Reserving a property at the earliest stage of the development will allow you to secure the lowest price for the property. As with all new developments prices increase significantly when all the properties are completed. Property prices in Turkey went up by 50% last year on some developments, and with increased demand for properties and with the expectation of Turkey joining the European Union in 2007, buying off plan is a smart way to reap the benefits.

Secondly- Buying off plan enables you to pay for the property in stage payments, thus spreading the costs over a specified time period initially saving you thousands on mortgage repayments. If you are buying for investment you can also sell your property before the final completion date at the current market value. As you will be selling a brand new home your premium will be most definitely be significant.

Buying 'off plan' payment schedule

Step 1 - Paying the reservation fee- £2,000

Step 2 - When the purchase contract is drawing up by our lawyer, the customer will pay 30% of the agreed purchase price when signing this contract, this is normally 4 weeks after paying the reservation fee.

Step 3 - The remaining 70% minus the initial reservation will be paid in four staged payments during the build process of your property .

• Firstly- When the concrete skeleton is in place.
• Secondly- When all the brickwork is completed.
• Thirdly- When the internal and external tiling has been completed
• Final payment- When the property is completed and is inspected by the buyer.

Please don't hesitate to contact us if you would like our specialist investment consultant to advise you accordingly on buying 'off plan' email us at info@turkishhomes4less.com

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