What do the terms mean?

17 terms

• Bafra Tourism AreaArea

  A tourism area north of İskele with a concentration of five-star hotels; it is 6 minutes from VivaMore.

  Details and source
• C35 concreteConstruction

  A concrete grade with a characteristic cylinder compressive strength of 35 MPa at 28 days, commonly used in residential structural systems. This is the grade used for VivaMore's foundation and structure.

  Details and source
• Construction easementLaw and title deeds

  A right established over each independent unit in a building under construction, together with its land share; it is converted into condominium ownership when the building is completed. VivaMore's construction easement title deeds are due to be issued shortly.

  Details and source
• Condominium ownershipLaw and title deeds

  Separate ownership rights established over individual units in a building, including a share in communal areas. Title transfer and complex management operate on this basis.

  Details and source
• Handover paymentFinance

  The final instalment paid when the keys are handed over. Its amount and terms are set out in the payment plan and considered alongside the pre-handover checklist.

  Details and source
• Down paymentFinance

  The initial portion of the sales price paid on signing the contract. Its percentage and payment terms are defined in the contract; the amount for VivaMore is available from the Sales Office.

  Details and source
• Gross / net m²Construction

  Net m² is the usable internal floor area of an apartment; gross m² adds walls, balconies/terraces and a share of communal areas. At VivaMore, each layout's gross area is shown on its own page.

  Details and source
• InsulationConstruction

  Building layers that limit heat, water and sound transmission. Thermal insulation affects energy costs, waterproofing affects the building's service life, and sound insulation affects everyday comfort.

  Details and source
• Raft foundationConstruction

  A reinforced concrete slab foundation covering the building's entire footprint, spreading loads over a wide area to reduce differential settlement. Used at VivaMore in accordance with the ground investigation.

  Details and source
• Rental guarantee schemeFinance

  A model in which property management guarantees rental income subject to specified conditions. At VivaMore it is offered through Point App & Concierge; terms are available from the Sales Office.

  Details and source
• Rental yieldFinance

  The ratio of a property's annual net rental income to its purchase price. VivaMore rental income is denominated in foreign currency.

  Details and source
• Royal TerraceArchitecture

  VivaMore's apartment category on the 7th floor and above, offering studio, one-bedroom and two-bedroom layouts with spacious private terraces and private plunge pools.

  Details and source
• Seismic codeConstruction

  Technical regulations defining the seismic loads used to calculate a building's structural system. Design calculations and inspections follow this code.

  Details and source
• Structural works / finishing worksConstruction

  Structural works cover load-bearing elements such as foundations, columns, beams and slabs; finishing works include plastering, screeds, finishes, windows and doors, and installation finishing. SPOINT's background is in finishing and fit-out works.

  Details and source
• Signature / Signature+ apartmentArchitecture

  A VivaMore apartment option decorated by Leopoint Furniture and delivered fully furnished and ready to live in, with all furniture and living details in place.

  Details and source
• Site planArchitecture

  A scaled drawing showing the arrangement of blocks, communal areas, parking and landscaping on the site. Used when choosing an apartment to establish orientation and views.

  Details and source
• Ground investigationConstruction

  Borehole drilling, laboratory testing and reporting to establish the site's ground classification and bearing capacity; the foundation type is selected based on this report.

  Details and source