Buying a new house where we will spend our lives requires attention and meticulousness. Because a bad house reduces our quality of life and makes life unbearable. Well projected; Of course, everyone has the right to a house that has been thought out and built with devotion, from the floor to the building quality, from sound and heat insulation to its location. There are various methods for this. That is, to have a good home. Buying a house from soil is one of these methods. So what is buying a house from soil?
What is Buying a House from Soil?
Buying a house from the ground means making a contract for the house over the project/model and starting to pay for it before the construction starts or at the very early stage of the construction. In Turkey, such sales are legally regulated under the name of “prepaid housing sales contract”; Finished and ready-to-deliver houses are not included in this scope. In summary, when we evaluate and buy the house we want to live in while it is still in the project phase, through drawings and models, we buy a house from the soil, and this purchase is legally regulated in order not to victimize the consumer. Now let’s look at the main advantages of buying a house from the ground.
Advantages of Buying Off-Plan
Economically advantageous:
First of all, since we are involved in the project even before the construction starts, the apartment prices are much more affordable compared to the completed residences. As prices rise gradually as construction progresses, early purchase provides us with a serious cost advantage.
Ease of payment:
Flexible payment plans when purchasing from the ground; We can find payment opportunities suitable for our budget with down payment and installment options.
Freedom of Choice:
One of the biggest advantages of buying a house from the ground is the freedom of choice. We have a much wider choice in matters such as floor, façade or apartment plan. Therefore, we can make very decisive directions for the house we want to live in at the very beginning.
Personalization:
Before the turnkey delivery of the house we bought from the ground, we also have the chance to make changes in areas such as the kitchen, floor or bathroom according to our personal tastes.
Open and transparent to audit:
It is a great advantage that we can control the construction process of the house we bought from the ground. We can control every building mixture, from ground treatments to the concrete and iron used. This greatly reinforces our sense of trust. We can take delivery of our house with peace of mind.
A good investment:
In addition to all its advantages, with the completion of the project and the appreciation of the region, our apartment offers us a significant profit potential in terms of investment.
In short, buying a house from soil provides serious advantages in terms of both our economic and personal needs. So, in addition to all these advantages, what are the points to be considered when buying a house from soil?
What to Consider When Buying a House from Soil
Reliability:
When buying a home off-plan, the first thing we need to pay attention to is the reliability of the developer carrying out the project. To do this, we should first review the company’s previous projects to assess whether they adhered to delivery dates, the quality of the materials used, and overall customer satisfaction. It is also very helpful to speak directly with people living in homes previously delivered by the company to obtain first-hand references. In addition to all this, it is important to question the company’s financial strength and its reputation in the sector; when you choose financially strong, well-known, and established developers, most of the doubts are eliminated.
Legal Matters:
When buying off-plan, there are also legal issues we must pay attention to as consumers. The contract we sign should be executed at a notary public as a pre-paid housing sales contract, and the building permit and land registry (title deed) records must be checked. In projects with more than 30 units, building completion insurance or a bank guarantee should be required, and it should not be forgotten that the consumer has the right to withdraw within 14 days.
Financial matters:
Care should be taken to document all payments to be made in financial matters such as payment plans with official receipts; It should be ensured that the down payment and installment conditions are clearly and transparently stated in the contract. In addition, assurance should be created in the payment process by checking whether there are financial opportunities such as bank guarantees in the project.
Location and environment matter:
We also need to pay close attention to the location of the home we buy off-plan. Above all, transport links and the availability of schools, hospitals, and social amenities in the area should be taken into consideration. In addition, zoning plans and planned investments should be examined to assess the area’s potential for future appreciation.
Project details:
In the project details, it is of great importance to clearly state the delivery date in the contract (maximum 48 months), to clearly write the quality of the materials to be used, and to commit to the apartment plan and space details such as kitchen, bathroom, parking lot and social area; In addition, if customization is offered in the project, adding this to the contract provides assurance for the buyer.
As a result, buying a house from the ground offers us significant advantages both economically and personally; Affordable price, flexible payment plan, freedom of choice and customization, the ability to supervise the construction process and investment potential are among these advantages. However, in order for all these returns to be met safely, it is of great importance to investigate the reliability of the company, carry out the legal process correctly, make the payment plan transparent, evaluate the current and future value of the location, and clearly reflect the project details in the contract. When the right steps are taken, buying a house from soil is both a safe investment and one of the most effective and safe ways to gain a living space that we feel comfortable with.