Insight: New vs Resale Homes in Turkey – Which One Is Right for You?
- IVYHOLD
- Aug 28
- 2 min read
Insight: New vs Resale Homes in Turkey – Which One Is Right for You?
In today’s insight, we explore the key differences between new homes and resale opportunities across Turkey — and weigh the advantages and disadvantages of each.
When it comes to new homes, there are clear benefits. You’re often the first owner, the property is brand new, and most come with a warranty for a set period in case any issues arise after move-in. Purchasing a new home also tends to be more straightforward, since you’re dealing directly with a developer or corporation. This usually makes the process smoother and less stressful.
In terms of ROI and price appreciation, things get a little more nuanced. Contrary to popular belief, not all new homes guarantee immediate value growth. The location and type of development play a significant role. Investors who buy into off-plan projects can often enjoy higher returns — but this also comes with risks such as project delays or design changes.
Whether this is a smart move depends on your personal goals — are you investing? Or simply looking for a stress-free home to live in? Your motivation makes all the difference.
So, what about resale homes?
They come with their own advantages — usually lower price points compared to ready-to-move-in new builds. But resale comes with its own share of risks. Many resale homes in Turkey are either owner-occupied or tenanted. Evicting a tenant today is not easy — legal proceedings can take up to three years, even with a valid reason.
In the case of owner-occupied properties, the dynamic can be more emotional. You’re not dealing with a company — you’re dealing with individuals who may have unique personal situations. This can lead to delays, back-and-forth negotiations, or unexpected changes. For instance, what if the seller promises to vacate but later postpones because they haven’t found a new place to move into?
Another important factor to consider is the title deed process. With resale properties, it’s common for sellers to declare the lower municipality base rate instead of the real market value. This can complicate the financial side of the title deed transfer, and although the government has started implementing new measures to address this widespread issue, it’s still in the process of becoming fully regulated.
So, which option is best for you?
Both come with their own pros and cons. The right choice depends entirely on your personal and professional circumstances. That’s why we always take an impartial approach — guiding each client with bespoke advice tailored to their specific goals and needs.
To find out how we can assist you in your next residential or commercial purchase in Turkey, feel free to reach out. We’d be happy to offer you honest, objective guidance.We have designed a unique model where we can help you achieve both, whether you are seeking your next new home or seeking a lucrative resale opportunity, our business model allows us to address both in the most transparent way and guide you each step of the way. 📩 Get in touch with us today:
📞 +90 501 700 80 70
📸 Instagram: instagram.com/ivyholdofficial
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