How to buy a home in Turkey with interest-free installments

Do you not have the right amount to purchase Turkish real estate, and are you unable or unwilling to take out a loan from the bank?

Interest-free installment plans are a convenient and advantageous offer that Turkish developers and investors are increasingly offering to their potential clients. It is important to carefully consider the choice of properties available for installment.

Often, some developers, especially larger ones, offer to purchase properties under construction in installments. This could be either a merely drawn plan of the complex or almost completed blocks where finishing work is being carried out.

The earlier you buy the property, the more choices you have and the lower the cost. However, an unfinished property is a risky project if you do not know the developer or are unsure of their integrity and financial stability.

In Turkey, construction is not only of high quality but also fast. The average construction time for a residential complex is 18 months.

Typically, installment plans are provided for one to two years, with all conditions, including the amount of the down payment, being individually negotiated. Depending on the project, the down payment may range from 10% to 25% of the property's cost. Sometimes, the installment payments may be offered with a small interest rate, but in any case, this rate will be lower than that of a mortgage loan.

The advantages of installment payments are obvious:

Ease of Processing
You will only need to make a down payment and provide your passport. You do not need to prove your creditworthiness, provide or translate additional documents.
Cost Savings
You will not overpay extra interest on your property. On the contrary, once the property is completed, its market value will increase.
Guaranteed Installment Plan
Unlike a bank, the developer will not look for reasons to deny you the opportunity to purchase the apartment in installments.
Flexible Payment Schedule
Depending on your income, you can make installment payments monthly, quarterly, or semi-annually.

Friends, by choosing us to purchase your property in Turkey, you can be sure that the transaction will be safe, legal, and advantageous! We have never had a case of incomplete construction!