Buy Property in Installment in Turkey
Buying Property in Installment in Turkey
Turkey is an outstanding real estate hub for investors with a wide range of property options suitable for every budget. The vast amount of real estate creates a profitable market with a diverse portfolio. The various top-quality yet cheap property for sale in Turkey creates the perfect environment to make a profitable investment. The property prices in Turkey are quite low in comparison to European countries with similar living conditions. All properties in Turkey gain more value day by day due to the technological developments and improvements in the real estate market. If you have doubts in your mind and looking for reasons to buy a property in Turkey, you can check out our article “Why Buy Property in Turkey?”.
There are many payment ways to buy property in Turkey such as cash, mortgage, installment, etc. The cash payment requires a big amount of money on hand and this payment type may not be convenient for everyone. The Mortgage is another option when it comes to purchasing a property. In Turkey, foreigners can make a Mortgage application and benefit from this credit. But don’t forget, a Mortgage is a loan given to you by banks and there will be a determined interest rate added on top of the repayment amount. The other option is to buy property in Turkey in installments.
What Does “Flexible Payment Plan” mean?
In parallel with the boom in construction due to high demand in Turkey for the past few years, competitive acts occurred in the construction market. The rivalry led to taking different actions to take the attention of the buyer such as discounted white good packages, furnished delivery, or flexible payment plans. This term means that buyers can pay the sales price to the construction company monthly. Shortly, it means buying property in installment in Turkey.
While buying a property for sale in Turkey in installments; the period which the payments of the sales price will be completed and the monthly amount is mostly determined by the construction company. Some corporations offer customized payment plans created according to the buyer’s capacity to pay. This way, you will be able to accomplish your dreams and buy a house in installments in Turkey.
How to Buy a Property in Turkey in Installments?
Buying a property in Turkey is quite easy if you are familiar with the procedures or have professional guidance. To avoid fraudulent acts, working with a trusted real estate company is important to protect your life’s savings and it makes the process easier. There are a few steps to buy an apartment in Turkey in installments. Let’s discover them together:
1. Prepare a Wish List
While buying a property, the features of the real estate must be suitable to your lifestyle. Before looking for real estate in Turkey to buy, deciding on what you expect from a property and what are your necessities is quite important. This way you won’t waste your time with unsuited real estate options and find the best property for you pretty quickly!
2. Pick the Most Convenient Properties
After preparing the wish list, the second thing to do is research. There are more than 1000+ listings on our listing pages. You can use the filters to specify and customize your research data. When you find the best options you like, call us or visit our nearby offices to plan a viewing tour.
3. Arrange a Viewing Tour
When you reach us, we will start to plan a viewing tour at a convenient time. If you are not in Turkey or not in a position to travel, you can always use our TeleProperty ® service. With TeleProperty ® you can join your online viewing tour via visual communication apps such as Facetime, Whatsapp Video Call, or Skype.
4. Discuss the Payment Plan and Sign the Contract
After deciding on a property, it is time to discuss the sales conditions and payment plan. Our agents will be closely in touch with the seller and they will inform you about the payment terms. After agreeing on the payment plan and the conditions in the sales contract, you are ready to start the title deed transactions and buy an apartment in Turkey in installments.
5. Take the Keys to Your Future Home!
After agreeing on terms and signing the sales contract, our agents will guide you through the whole purchasing process. After the completion of the title deed conveyance, you can take the keys to your dream home. Congrats, now you are a homeowner in Turkey.
For more information about the properties in Turkey, call us or visit our nearby offices. Our expert team will be happy to guide you.