Special points for new properties?
In many countries, by law, where you pay all or part of the price before the property has been fully built, the property must have the benefit of a bank guarantee to ensure that, if the developer goes bust before he or she completed the building work, you do not lose your money. This is not the case in Turkey and such guarantees are seldom provided. This is, in part, because the banking system is still immature and, for most companies, getting these guarantees is either impossible or very expensive.
In the absence of a bank guarantee there are other steps that can be taken to protect your position - wholly or in part - if the developer cannot finish the project. We will discuss the options that might be best for you.
You must make sure that the property specification is agreed in detail with the builder and that the property will be delivered to you complete with the necessary licence to occupy it as a home.
Finally, you must make sure that you are clear about what 'common parts' - general facilities to be shared by all the owners in your complex - are included in the price and what the arrangements will be for the management and control of those facilities.