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What is a TURNKEY home?

Shima 0 comments 07.06.2026

A common term you’ll hear during the home-buying process is “turnkey property.”

A turnkey property is essentially a home that has been updated or renovated and is ready for immediate use.

For investors, it can also refer to a property that is move-in ready and can be rented out right away.

As the name suggests, all you have to do is turn the key, and you’re good to go!