What are the risks of buying real estate in Turkey from a developer at the construction stage?
The main risks are construction delays (on average 6–18 months), the developer’s bankruptcy, discrepancies between the completed property and the original project, and the absence of İskan after completion. For protection, you should check the developer’s financial statements, make sure there is a valid construction permit (İnşaat Ruhsatı), and include penalty clauses in the contract.
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