For everyone who wants to buy an apartment in Turkey in installments, here are tips for you
Last Updated: 2023-09-26Buying an apartment in Turkey in installments
Many investors go to buy apartments in Turkey by installments, the first reason is related to the customer's budget and the second reason is related to the offers provided by Mersa Real Estate Company, through which you can buy an apartment in the most important residential complexes of Istanbul in installments and often without an increase in price, about the possibility of buying an apartment in installments Here are some tips prepared for you by the Mersa Real Estate team
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Learn about the most important features of apartments in Turkey
We often see advertisements and offers from different parties, and the word "installments" is repeated in them, and some investors may want to pay in installments, and they are released just to see such an advertisement, and others may not like the idea at all
What do you know about the method of paying for the property in installments?
Payment in installments is one of the payment methods provided by some real estate companies, or the seller himself, and it is characterized by the fact that the buyer can obtain the apartment and transfer it to his ownership by paying for it in installments. Some parties may request a down payment (which is the most common case) and some other parties may not request a down payment if the offer to pay in installments is available; It is considered one of the easy and attractive offers for those who cannot pay the full price of the apartment at the same moment and the process is documented, by signing a contract between the seller and the buyer and documenting it in court, and carrying out some other procedures to give the contract a purely legal and legal character. The contract contains the most accurate details agreed upon by the installment period, and the amount required to be paid annually. Or monthly, and lots of other details. The price of the property may increase slightly in terms of paying in installments, and some buyers may consider this percentage a burden despite its low
The importance of buying a property in Turkey and paying in installments
The method of payment in installments remains a recognized method of payment decided by the seller. This method is considered a golden opportunity for those who want to enter the world of real estate investment and real estate in Turkey and do not have the material amount immediately or for those who face problems in saving money to buy a property in Turkey, and the subject of installments is absolutely safe and completely legal, due to the presence of many steps, official papers and documents that must be completed before starting payment.
Installment is a safe topic away from fears, but it is also considered one of the encouraging factors for real estate investment in Turkey, especially with the wonderful offers offered by Mersa Real Estate Company to its customers wishing to buy real estate in installments in Turkey, and the beginning of your successful and safe investment begins with our professional team.
Conditions for buying an apartment in Turkey in installments 2023
Some foreign investors seeking to buy a property in Turkey, whether with the intention of obtaining Turkish citizenship, with the aim of residing in Turkey, or also with the aim of investing. Some of them may not have enough money to pay the full price of the property in Turkey, so they offer to buy a property in Turkey in installments. We, in turn, are pleased to provide you with all the information related to the conditions for buying real estate in Turkey in installments and emphasize that the conditions for buying an apartment in Turkey In installments, it does not differ much from the conditions for buying apartments in Turkey without installments, and to facilitate understanding these conditions, we were keen to simplify these conditions for you in the following items:
- You must not be a citizen of a country whose citizens are prohibited from buying a property in Turkey.
- You are not allowed to buy real estate in Turkey with an area of more than 30 hectares.
- You are also not allowed to buy properties with an area of more than 10% of the administrative area.
- One of the most prominent conditions for buying an apartment in Turkey in installments is that there is no mortgage or reservation on the property.
- If you want to buy a property near a military site in Turkey, security approval must be obtained so that you can then make the purchase legally.
Editorial Mersat Real Estate Team©
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