Buying Property in Turkey at the Excavation Stage: Benefits and Risks
Buying property in Turkey during the excavation stage—also called off-plan purchasing—has become increasingly popular among both domestic and international investors. While this approach offers significant pricing advantages, it also comes with risks that require careful planning and legal support.
Here’s what you should know before investing in a property that’s still under construction.
What Does “Excavation Stage” Mean?
The excavation stage refers to the earliest phase of a construction project, when the land is being prepared for foundations. At this point:
These properties are typically sold at the lowest possible price, offering strong long-term value if construction is completed as planned.
Advantages of Buying at the Excavation Stage
1. Lower Prices
Off-plan properties are often 20–40% cheaper than completed units in the same project. Early buyers benefit from launch pricing, which increases as construction progresses.
2. Flexible Payment Plans
Many developers offer:
This makes it easier to invest without a large upfront capital commitment.
3. Customization Opportunities
At the early stage, you may be able to:
These customizations are usually free or available at a low cost.
4. Capital Appreciation
By the time construction is completed, the market value of your unit may have increased by 10–25%, depending on location and market conditions. This creates instant equity.
Risks of Buying at the Excavation Stage
1. Construction Delays or Cancellation
The biggest risk is project delay or, in rare cases, cancellation due to:
Solution: Work only with reputable developers and ask for a construction guarantee or penalty clause in the contract.
2. Legal and Licensing Issues
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