Advantages of buying real estate in residential complexes

Created: 2022-08-11
Last Updated: 2024-05-05
Views: 1930

Content Index

Definition of the complex:
Types of complexes:
The apartments’ specifications in complexes:
Advantages of buying apartments in residential complexes:
Disadvantages of buying real estate in the complex:

Residential complexes are one of the first options that are offered to investors when they are contacting real estate agencies, and it is the preferred choice for many investors, especially those looking to move and settle here in Istanbul, planning to live with their families in Turkey, Especially since Turkey in general and Istanbul in particular is characterized by great variance and diversity in the types of complexes, some of which are for families and some of them are for investment purposes, and some complexes are small size and some extend over large areas to be like a mini city inside a city, Actually complexes in Istanbul are one of the best options that suit foreign newcomers who move to live in Turkey, regardless of the purpose of the purchase, whether for housing or investment, and they are completely different from apartments within separate buildings.

Construction companies in Turkey are competing in building residential complexes that are suitable for all segments of society, whether they are suitable for the middle-class or for the elite, including politicians, artists, diplomats, judges and others in Turkish society, in light of the frenetic competition between these companies on one hand, and the rapid development of the real estate investment market in Turkey in the last ten years on the other hand, Turkey has attracted thousands of foreign investors to buy real estate in Turkey, which led to the intensification of competition between construction companies and their attempt to establish complexes with modern architecture designs with more luxurious and more sophistication finishes, providing more services to attract the largest possible number of investors, and trying to get the lion’s share of those wishing to buy in this open market, the competition that showed remarkable progress in favor of the investor by providing more luxurious residential complexes, in this article we will write about the advantages of buying real estate within residential complexes in Turkey.

Definition of the complex:

It is a group of buildings surrounded by a fence and provided with a security system monitored by cameras, and they have common characteristics, such as they are similar in shape and design, and most probably they are at the same height of the number of floors. These buildings are separated by an area that is usually used for various social services to serve the residents of the complex to meet their needs, as it is like a small city that contains everything, it includes several types of apartments with various areas in order to meet the needs of the residents.

Types of complexes:

Residential complexes: it is the most prevalent among the other types of complexes and it is dedicated to housing in the first place, and they have social services that are suitable for families, the apartments’ areas in these complexes usually start with two rooms and a hall and up to five rooms and two salons, and they differ as there are either normal apartments, Duplex apartments consist of two floors, and there are penthouse apartments, which are often on the top of the block, and have a balcony and a private swimming pool, and some residential complexes also include villas with small gardens and are called townhouses.
Investment complexes: These are designated for investment purposes, whether these apartments are home office apartments or hotel apartments designated for tourist rental, and often the purpose of buying in these complexes is getting a profitable return for the investor.
Residential and investment complexes: which combine the purposes of housing, as it includes apartment for families, and also there are buildings dedicated to office apartments for business and investment purposes.

The apartments’ specifications in complexes:

Because of the frenetic competition between construction companies in providing the best services in the complexes, it has become general standards provided by all these companies in terms of building specifications and must be used in these apartments, including:

Most of the apartments' doors are made of iron, despite the presence of surveillance cameras and the high level of safety provided by these complexes, but the apartments' exterior doors are often made of iron.
Using insulating materials in construction, whether those used to insulate apartments from each other to preserve the privacy of neighbors, and insulating materials that are used in construction used in the external facades to isolate high temperatures or extreme cold and humidity from homes.
Using soundproof glass facades.
All complexes are provided with fire systems due to the presence of fire sensors and gas leakage sensors in all apartments of the complex.
Some complexes are provided with smart systems that enable the apartment owner to control the house by application is installed on smart phone to control the temperature, whether it is the air conditioning or the heating system.

Advantages of buying apartments in residential complexes:

1- The possibility of installments:

One of the most important advantages of buying within the complexes is the possibility of flexible payment plans in the residential complexes, whether it is cash or installments, especially in the under-construction complexes, while the payment method in the separated apartments is only cash.

2- Security:

Security gates to receive visitors, as there are security guard gates in all residential complexes, whose members do not allow any stranger, other than the residents, to enter the complex without reporting to the owner of the apartment, The owner must inform the security of his approval to allow the visitor to enter, and the visitor is required to show up his official identity in order to allow him to enter the complex.

The complexes are often providing with systems against fires and gas leaks: the residential complexes provide protection and security for the residents of the complex, as they are equipped with alarms to protect against the risk of theft or fire, as all apartments of the complex are equipped with sensors for fires and gas leaks.

The residential complexes in Turkey offer many social facilities that make the experience of living in the complex enjoyable and comfortable, and it is one of the factors of competition between construction companies, it is one of the factors that attract investors and buyers, whether for Turkish citizens or foreign investors.

The construction companies are keen on developing facilities to distinguish them from other complexes. Most of the projects have swimming pools, a gym, a sauna, a steam room, a Turkish bath, green spaces, running tracks and kids’ areas. Also, most of the complexes have car parking so that each owner of the apartment has one or more places dedicated to his car, and there are complexes that allocate warehouses with an area ranging from three to seven meters that are in the garage to be used in placing unwanted items by the owner out of his apartment or putting bicycles.

But now we find some complexes constructing Olympic stadiums, football and basketball playgrounds, or a music hall, a cinema hall and other facilities that raise the level of the welfare of their residents, and there are other complexes equipped with closed swimming pools for the winter and other opened for summer, and there are complexes that provide these services separately, so that there are some for men and some for women on separate days or separate places allocated for women.

Also, most of the complexes are keen to have restaurants and cafes to entertain the residents, and some other complexes provide mosques or sometimes schools.

4- Calmness and Peace away from noise:

Residential complexes in Turkey provide a calm atmosphere for their residents, away from overcrowded neighborhoods and streets in the crowded cities, especially since the number of residents of one residential complex is limited, and the management of the construction company of the complex ensures that there are enough spaces between the project buildings through gardens.

5- Regular maintenance:

This feature is one of the most important features of the complex, as most of the complexes have a department to deal with residents and receive their inquiries or complaints, and it works on managing the complex in terms of maintenance team and a cleaning team, they also have a specialized agricultural team to take care of green spaces and afforestation to maintain the services of the complex, and solve all problems.

All these services are prepaid by apartment owners as they should pay monthly fees to the management of the complex and it is called "Aidates".

Disadvantages of buying real estate in the complex:

The prices of apartments in the residential complex are double or 3 times the separate apartments in the same area.
The net area is less than 30% of the gross purchased area, while the separate apartment does not exceed 10% of between the two areas gross and net.

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.

Our services:

- Legal advice.

- Property Management.

- After-sales services.

- Legal services and obtaining Turkish citizenship.

- Buying and selling real estate in Turkey.

- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

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