How Many New Build Homes are There?
A new-build home means one that’s brand new and has never been lived in. Istanbul annually needs 100,000 new houses, but 120,000 new houses are being built in Istanbul every year, so it is being produced around 20,000 more houses.
New homes offer the latest designs, security, safety, and quality. They provide a care-free lifestyle so that you can enjoy your home, not work on it.
Appealings of buying new build houses to home buyers or investors:
- You will be the first to live in the property
- Minimal costs for repairs and redecorations.
- There are often more deals available when buying a new home.
- New properties usually come with guarantees/warranties.
- If you buy a house off-plan, you can choose your fixtures and fittings interior to your taste. This is great if you’re attracted by the ‘blank canvas’ element of buying new-build.
- If the property is built to a much higher standard, homeowners can enjoy lower running costs and energy bills, and that could help save you money in the long term. Because they are usually better insulated than period homes.
- New homes come with higher levels of security.
- Built to strict safety standards utilizing the latest fire-resistant materials, and technology linking them to smoke alarms.
- Developers are more aware of the importance of the ‘right location’ close to other local amenities such as; schools, transportation links and much more.
- Most new homes come with brand new fittings and fixtures. Such modern features can include; a fully fitted kitchen, an ensuite for the master room and much more.
We mentioned about the advantages of buying a new build house in this article. We have to say that there are also disadvantages and risks of buying a new build house, and this is another topic which we have to discuss.
- 6 Major Benefits of Buying A New Build Home: https://www.labcwarranty.co.uk/blog/6-major-benefits-of-buying-a-new-build-home/
- Buying A New Build Home: https://www.which.co.uk/money/mortgages-and-property/new-build-homes/buying-a-new-build-home-a150k0g60456.
- Image source: https://www.savills.co.uk