Business

Consumer Rights in Purchasing Properties Under Construction

While purchasing a property under construction offers attractive price advantages, it can also entail significant legal risks. In this guide, we detail the legal rights consumers have when buying off-plan properties, crucial clauses to look out for in contractor agreements, title deed and license processes, and avenues for recourse in cases of incomplete or defective delivery. Purchasing an off-plan...

House Sales Statistics of Turkey 2020

In Turkey, a million 499 thousand 316 houses were sold in 2020 In Turkey, house sales increased by 11.2% in 2020 compared to the previous year and hence, became a million 499 thousand 316. In the January-December period, sales of mortgaged houses were 573 thousand 337 and increased by 72.4%, and in other types of sales, it was 925 thousand 979 and decreased by 8.9%. The share of the mortgage sales were...

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