Houses for sale in Turkey Istanbul in installments
Last Updated: 2023-07-27
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Houses for sale in Turkey Istanbul in installments
You can buy an apartment in installments in the most important investment projects in Turkey, through the offers of Mersat Real Estate Company, without interest or at a low rate, and you can see the details of this process through this article
You will read in this blog:
Two ways to buy a house in installments in Turkey
Advantages of buying homes in installments in Turkey
Mersat Real Estate team tips for you
Types of houses in Turkey
Cases in which the property ownership contract will be canceled
The most important things that determine the price of houses in Turkey
Two ways to buy a house in installments in Turkey
Advantages of buying homes in installments in Turkey
Mersat Real Estate team tips for you
Types of houses in Turkey
Cases in which the property ownership contract will be canceled
The most important things that determine the price of houses in Turkey
You can buy a house in installments in Turkey through one of the following two ways:
The first method: It is through direct dealing with the construction company and the organization of a sales contract between the two parties in which all the agreed terms are listed.
The second method: is through a bank in Turkey, where the bank has previously purchased houses from the construction company.
* On this matter, it is important to realize that the first method gives a short period until the installments are paid, while the second allows a longer period that may reach up to 10 years, but the latter has a higher price for the house , therefore, many people choose the first.
* As for the first payment, it must be 35% of the price of the house, but if the buyer pays 50% of its price, then he will get big discounts.
The second method: is through a bank in Turkey, where the bank has previously purchased houses from the construction company.
* On this matter, it is important to realize that the first method gives a short period until the installments are paid, while the second allows a longer period that may reach up to 10 years, but the latter has a higher price for the house , therefore, many people choose the first.
* As for the first payment, it must be 35% of the price of the house, but if the buyer pays 50% of its price, then he will get big discounts.
What is the benefit of buying homes in installments in Turkey?
1- It is an opportunity for real estate ownership that can be used to achieve more than one goal and objective.
2- It is a way to obtain Turkish citizenship if it complies with the stipulated conditions, that is, its price is more than two hundred and fifty thousand US dollars. In the event that it does not meet its conditions, an application can be submitted in order to obtain a real estate residence, which in turn carries many advantages.
3- If these houses are used for housing, this leads us to the fact that the owner will get a great deal of luxury and comfort and a typical life as well.
4- If it is for the purpose of investment, abundant profits and high returns will be obtained, if it is chosen according to correct principles.
These tips should be taken into consideration when buying homes in installments in Turkey
1- Care must be taken to deal with a reliable authority in order that the buyer is not prone to getting into trouble. Therefore, it is recommended that he use a real estate company, as it is one of its tasks to ensure the legal safety of the house and to protect the buyer from being a victim of real estate fraud.
2- The identity of the real owner of the house must be ascertained, and the title deed of the property and its conformity with the property must be verified through the Land Registry Directorate.
3- It is important to specify the purpose of buying the house in advance, in order to make the right choice, and you must specify the specifications you want to have in it, such as its location / area / view / internal specifications / proximity to public transportation lines and service facilities.
4- The material budget should be monitored in advance, as it is the list on which all other details are based, and this also avoids random search.
5- The buyer must also ensure that he is able to pay the installments on time specified in the contract, and he must be keen to include all the conditions in the contract.
Types of houses in Turkey:
1- Residential complex houses: It is one of the most sought-after options by everyone, as it is described as being typical, based on all its advantages, in terms of security and protection, amazing designs, distinctive location, wonderful view, and spacious areas that give privacy to all who inhabit it. But the prices of the houses that are located within it are very expensive, based on all its advantages and components.
2- Detached houses: Each of them has its own specifications, it varies according to the region in which it is located and according to the city. It is one of the options preferred by everyone who is about to buy a house in Turkey, because its prices are more suitable than residential complexes.
3- Penthouses: It is one of the newly found types of houses and is characterized by being very luxurious, and its prices are high, and most of the people who live in it are the rich and those who have a high budget. Penthouses are characterized by a charming view and large areas, which provides privacy for anyone looking for privacy and comfort, as they are located on the last floors of high buildings and skyscrapers.
4- Duplex houses: It consists of two floors on top of each other connected by an internal staircase, it is suitable for large families, the upper floor can be allocated for bedrooms and the lower floor for sitting and reception.
5- Triplex houses: These homes are very similar to duplexes, with the difference that the duplexes consist of three floors, and accordingly part of it can be allocated to be an office or the like.
*It is important to point out that both duplexes and triplexes are characterized by luxury, exquisite designs, and provide comfort and luxury for those who inhabit them.
6- Studio houses: They are characterized by having very small spaces, which makes them suitable for those who live alone, such as students, for example. These houses are characterized by providing all the needs and requirements of the person who lives in them, and their prices are reasonable and cheap.
But we must point out that those wishing to acquire it should search in the old buildings, as by a decision of the Turkish government, their presence in newly built buildings was abolished.
What are the steps for buying houses in Turkey?
1- First of all, whoever is going to take this step must make sure of what is allowed and what is forbidden, as he does not have the right to own more than thirty hectares in various parts of Turkey.
2- The foreigner must also know that he cannot own a house in the security or military areas.
3- It is obligatory to bring all the required documents and papers, the most prominent of which is the title deed, which is the evidence that proves the ownership of the property to its owner / passport / real estate appraisal document / earthquake insurance / personal photos.
Cases in which the property ownership contract will be canceled:
If the house was acquired in a way that violates the law and by illegal methods.
If the house was used for a purpose other than what it was purchased for.
In the event that the allowed period has expired and the project to be implemented has not been submitted.
The most important things that determine the price of houses in Turkey:
The size of the house, its location, its view, and the city in which it is located. As the city determines this matter in the first place, the houses located in Istanbul are higher than those located in other cities.
Through Mersa Real Estate, you can buy a house in Turkey in installments without interest. The first step to achieving your dreams of getting an apartment for a lifetime begins with a contact with one of our real estate experts.
Edited by Mersat Real Estate Team ©
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