Purchasing a property in Turkey by installment is one of the best of investing methods in property market.Foreign property investors in Turkey can buy properties in installment payment solution.Recently, an increasing number of developers and construction companies are offering purchase options with payment by installments.Payment by installments upon purchase is a long-term plan s
pread out throughout 1 to 10 years.
Types of properties in Turkey to buy by installments
The Turkish real estate market is unique concerning the number of opportunities it presents to foreign real estate investors.
One of the best attraction points is the special offers related to the payment methods.Properties under the Turkish citizenship conditions.
The citizenship is granted after the client has “nished all installments, sometimes the title deed is given to the investor with a mortgage sign which is removed after all payments have been made.
Residential properties. Many people around the world are moving to Istanbul the cosmopolitan city either to raise their families or to settle in a community very close to theirs.
It is easy for those clients to get offers for apartments for sale in Istanbul in installments with affordable down
payments. Installments plans may continue for years.
Commercial properties.Usually buying a commercial property in Turkey means a guaranteed investment i.e. with a guaranteed monthly return on the investment.
Investors can also buy these properties in installments.
Advantages of installment plan
Ease of registration – passports of buyers and an initial payment is sufficient.No additional costs for registration, you will not have additional costs for registration of installments, costs of translation of documents, and there is no need to confirm your solvency and translate the relevant certificatesLow risk of being refused installment planConvenient negotiated payment schedules – monthly payments are not mandatory, you can make payments once a month, once every 3-6 monthsSometimes an installment payment can be provided on a small percentage basis, but in any case, the percentage will be less than applying for a mortgage loan
What kind of properties is better to purchase on an installment plan?
Most often, the terms of the installment plan are possible at the construction stage of several property types. the initial payment is from 10 – 25%, depending on the project, the average construction period of a residential properties are between 12 to 24 months
We always offer the non-risked and absolutely benefited investment options to our dear clients as “Aras Turk Property”