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what is turnkey property

1Answers

VanGenesis

11/28/2025, 06:06:53 AM

A turnkey property is a fully renovated or newly constructed home or apartment that is ready for immediate occupancy or rental without any additional work. Often marketed to investors as a passive investment, these properties may include management services, existing tenants, or furnishings, allowing the buyer to simply "turn the key" and start living in or earning rental income from the property.

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