Property Prices Comparison North Cyprus - Turkey!

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
26/03/2011 21:14

Why is it that well known Turkish Construction companies can build:



Sea View Apartments in Turkey with Studios from £13,900 ....... and 2 Bed 2 Bath Penthouses from £38,000 and only £6,278 deposit and nothing else to pay until Dec 2012 !

Indoor and Outdoor pools and many excellent facilities ... 1500 m from the beach! And with no problem with Deeds!



Am I missing something here? Hmm ....



http://www.overseaspropertyplus.com/property-search/property.cfm?id=195614&CFID=456711&CFTOKEN=77680988

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
27/03/2011 08:02

can you imagine the quality ??

smooth


Joined: 04/07/2009
Posts: 156

Message Posted:
27/03/2011 09:22

I think 29 square metres for 14 grand is high. that works out a nearly 500 pounds a square metre. Off plan too?? Much cheaper here for re sales closer to the beach than 500m!!!

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
27/03/2011 10:10

pay the £13,900 for the studio flat using a credit card and if there are quality issues the builder won't deal with, sue the credit card company as they are jointly liable. Now thinking about it, why not do that at each stage here? Ah, now I remember, the title deed is not recognised outside of the TRNC and Turkey but in Turkey that's not a problem.

Middle Easter


Joined: 13/06/2007
Posts: 146

Message Posted:
27/03/2011 11:19

msg1 the bit you are missing is that Turkey has an abundance of cheap land, domestic labour & domestically manufactured building materials rather than being in Island based non embargoed enclave where everything is shipped over the water or more expensively by airfreight.....



did I mention (slightly) less corruption & government instiutions that (generally) work



still glad I bought here though....

fosterscan


Joined: 27/02/2010
Posts: 541

Message Posted:
27/03/2011 11:37

walkerscott if we wanted to go to turkey we would we choose cyprus but you are free to go there bye.Remember when comparing with other countries every one knows one day when the property situation is sorted out anyone who buys here .........................