Turkish Government Guaranteed Projects
Buy property in istanbul turkey with the guarantee of the Turkish government is a truly safe and suitable opportunity for investment or housing. It means that one of the construction companies of the Turkish Prime Minister’s Office, like “Toki Emlak Konut”, offers Turkish state-owned land to a private company of its own choice, under certain conditions, to Implement and construct the projects in a mechanism known globally as the “common sector”.
Top Projects Guaranteed by Turkish Government
The follower of real estate news in Turkey finds that the projects that are established with the guarantee of the Turkish government are increasing with the days, and he has to wonder about what this guarantee and its mechanisms?
The Turkish government guarantees real estate through a range of technical and legal procedures in three basic phases: pre-sale, sales and after sales.
In the pre-sale phase: the company is aware of all the papers and licenses of the project to ensure the application of the relevant laws and regulations. These companies also prioritize the welfare and well-being of the residents, aiming at the highest standards of quality and sophistication. Marketing for the project will be presented to the customers and the model apartments to ensure that things are going well, prepare the appropriate price list and prepare the contracts.
In the sale phase: The sale contract is signed with the government authority directly at the noter. The contract shall be attached to all documents and documents necessary to ensure the safety of the sale and purchase process in a fully legalized manner. The amounts, payments or installments shall be transferred to the government company account which shall pay the private company its full dues.
In the delivery phase: the government company independently verifies the quality of the construction and meets the previously agreed standards. It extracts the initial ownership deed, the final ownership deed, the housing permit and all the necessary documents. The company also supervises the management of the temporary and permanent housing complex, and supervises the complaints received from the residents after the residence, and after one year a delegation of experts visit the project to ensure the final acceptance.
However, all of the above does not mean that the buyer’s right to any real estate property for sale in Turkey is guaranteed only in projects with government guarantee. In Turkey there are many construction companies with a reputation and credibility, and all contracts must be authenticated by the writer, Construction Company.