What are Gross and Net Square Meters? Why is it Important?

 

Buying real estate is among the investments that are made to enjoy the benefits of Turkey's development, obtain citizenship of the Republic of Turkey and invest. Foreign investors investing in Turkey get their investments back in a short time. Real estate purchased within the borders of the Republic of Turkey with a minimum value of USD 250,000 allows individuals to become citizens of the Republic of Turkey. Their spouses and children under the age of 18 can also become citizens of the Republic of Turkey.

 

The general characteristics of the building, its location and the gross and net square meter size of the building are among the most researched topics by those considering buying property in Turkey. Almost all features of the building to be purchased are included in the real estate appraisal report. This report presents the possible value of the building, the elements around it, all the details that increase or decrease the value for the person who will buy the building. Knowing the difference between gross and net square feet of the person making the purchase also prevents confusion and problems that may arise later.

 

As 2 Clicks, we have prepared content about what the difference in gross and net square meters mean so that people who are considering buying property in Turkey do not get into a negative situation. If you are also considering real estate investment in Turkey, you can learn the difference between gross and net square meters using the information in the content we have prepared and find answers to your questions.

 

WHAT IS THE DIFFERENCE BETWEEN GROSS AND NET SQUARE METERS?

 

Gross and net square meters of buildings are separated in 4 different ways. These are external gross, internal gross, external net and internal net.

 

External gross: The external gross, the so-called share of the total construction output of a house, describes the share to which the building is entitled from all parts to which it is entitled. This includes the building portion of the parking lot, warehouse and social facilities.

 

Internal gross: Internal gross, which describes a building's proportion of the building, describes stairs, elevators, ventilation shafts and corridors. This means that in addition to the square meter of the building, these sections are also included in the gross internal share.

 

External mesh: The part that covers the outer four walls of the building is called the external mesh. Balconies and terraces are also included in the calculation.

 

Inner network: The inner network refers to all parts of a building that can be physically used. Balconies and terraces are also included in this calculation.

 

WHY ARE NET AND GROSS SQUARE METERS IMPORTANT?

 

One of the problems that people who buy real estate within the borders of the Republic of Turkey generally face is the differences in gross and net square meters. The buildings that investors think they bought at 120 square meters may be 90 square meters, which may cause disappointment among people. The difference between gross square meters and net square meters is generally regarded as the difference. In order not to face such situations, it is important for investors to conduct detailed research on this topic and, after getting acquainted with the net square meter, make a purchase.

 

The development of technologies also ensures that the problems that may arise in this regard are minimized. It has become possible for investors to measure the usable area of ​​the building with laser counters, thus minimizing disappointments. However, today you can see the floor plan of the house at the land registry office and thus find out the net square meters of the house.

 

WITH 2 CLICKS WE ARE READY TO SERVE YOU

 

As 2 Clicks, one of the leading companies managing the property buying process in Turkey, we answer all the questions that foreigners have about the properties they want to buy in Turkey and we prevent potential problems. You can also contact us to benefit from the services we offer and after the meeting you can find answers to your questions.

 

Türkmen Mahallesi, Saçıkara Sokak, B-Block NO. 21 B, Kuşadası-Aydın, Turkey. You can reach our company based in Turkey on phone number +90 (544) 443 46 24 and quick call via WhatsApp. You can send an email to 2Clicks.io via [email protected] and get detailed information about our work.

 

Call now to buy and sell real estate in Turkey and benefit from Turkey's development opportunities.