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Apartments for Sale in Istanbul in Installments

25/10/2023 Investment in Turkey 196 Apartments for Sale in Istanbul in Installments

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The importance of Istanbul in the real estate market:

Istanbul, the most economically active city in Turkey, stands out as the most valuable city in terms of real estate market. Istanbul is a residential area that constantly receives immigration due to the economic opportunities it provides, and the unit price per square meter is more expensive than other cities in the country. Urban transformation works, new housing projects, historical buildings and old buildings renovated according to the original make Istanbul the first city that comes to mind when it comes to real estate in Turkey.

The most important and latest real estate projectsApartments for sale in Istanbul

Istanbul, which has become a more attractive place for real estate investment thanks to accelerated urban transformation efforts, offers many opportunities for those looking for apartments for sale in Turkey. Istanbul gives you the opportunity to access different options in the same category, such as apartments for sale by owner, apartments for sale without down payment, new apartments for sale and luxury apartments for sale. Although the most preferred apartment types in Istanbul are 1+1, 2+1 and 3+1 apartments, it is possible to find an apartment with the size and number of rooms you want in this city.

Information about buying apartments for sale in Istanbul in installments:

The Turkish real estate market is a safe option for placing capital and investing in it in order to achieve meaningful profits in the event of investment or if the property is for personal residence.

The most important and latest real estate projectsBuying an apartment in Türkiye

The subsequent increase in demand for the real estate market prompted the government to continue making efforts and providing appropriate facilities to all segments and investors, which made buying a property in Turkey not a dream, but rather a possible option that provides many facilities in paying the price of the property, whether all at once or through installments.

Possibility of payment in installments:

The most important and latest real estate projectsBuying a property in Türkiye

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 while paying for it in installments.

The availability of the installment payment offer; It is considered one of the easy and attractive offers for those who cannot pay the full price of the apartment at the same time. 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 legal and purely legal character. The contract contains the most minute details agreed upon before the installment period. The amount required to be paid annually or monthly, and many other details.

The most important and latest real estate projectsApartments for sale in Türkiye

The importance of paying in installments

The most important and latest real estate projectsTurkish citizenship

The issue of installments is considered absolutely safe and completely legal, given that there are many steps, official papers, and verifications that must be completed before payment begins. Installment is considered a safe and fear-free issue, and it is also considered one of the factors encouraging real estate investment in Turkey.

With the increasing interest of the Turkish government in developing infrastructure projects and building many residential projects and apartments suitable for investment and Turkish citizenship in Istanbul, and with the continued development of the transportation network and the opening of dozens of subway lines , the new third Istanbul airport, and the Istanbul Canal, which will be opened in 2023.

The most important and latest real estate projectsVillas for sale in Türkiye

All of this encouraged foreigners and those looking for investment in the Turkish real estate market to turn to it and inject large capital that would bring profits to both parties. Based on this increasing demand, the Turkish government and Turkish construction companies sought to provide all options that suit investors’ demand for apartments for sale in Istanbul in installments within all Istanbul areas on the European or Asian side,

In the last ten years, the names of several areas have appeared that have become very popular with investors and those interested in the Turkish real estate market, which extended widely within the European side of Istanbul from the western side, and which were considered the most appropriate due to the vast areas in them that can be invested in a way that achieves great benefits for the Turkish economy on the one hand. And for the investor in the future on the other hand.

The most important and latest real estate projectsReal estate for sale in Türkiye

Istanbul's third airport was opened near these residential complex areas, which will play a major role in increasing real estate prices in those areas, in addition to the bridges that are being opened, which play an important role in relieving congestion, while continuing to open subway lines that connect all parts of the city to each other.

The most important thing is the presence of one of the largest future projects that the Turkish government is working on, which is the Istanbul Canal , which will be completed in 2023, and which will oversee a number of residential complex areas, which will play a major role in increasing the price per square meter and real estate in those areas.

The most important and latest real estate projectsHouse prices in Türkiye

The most important facilities for buying a property in Istanbul in installments

In addition to all of these factors, we mentioned the facilities that help increase the interest of those interested in purchasing real estate and Turkish real estate investment, and one of the most important of these facilities was:

The most important and latest real estate projectsApartment prices in Istanbul

Residential project management facilities:

The option of buying an apartment and paying the full amount in one payment is no longer the only option within the real estate market in Istanbul. Rather, the Housing Projects Department has worked to develop the facilities it provides to encourage those wishing to buy apartments in Istanbul to take the purchase step, and has worked to develop many plans that the investor feels comfortable with. Convenience in payment method.

The most important and latest real estate projectsApartment prices in Türkiye

Facilities for real estate construction companies:

Construction companies and residential project owners have concluded agreements to pay a certain percentage of the property value as a first payment within contracts signed by both parties (buyer and seller) stating the amount paid and the remaining amount to be paid in installments over several years, which in turn varies from one project to another.

The most important and latest real estate projectsReal estate prices in Türkiye

The options for offering apartments for sale in installments in Istanbul in some residential projects reached five and ten years without any additions or interest on the value of the property and within facilitation plans to encourage investors to make a purchase decision and increase the percentage of properties sold to foreign investors within the real estate market in Istanbul.

In turn, initial payments were available in most projects, ranging from 25 to 50% of the total price of the apartment, with the remaining amount being paid over a period of two years at a minimum to ten years at a maximum for some government projects.

The most important and latest real estate projectsInvesting in Türkiye

It has spread throughout all regions, whether in apartments for sale in Basaksehir , options for apartments with sea views in installments in Istanbul , or even investment apartments in installments in Istanbul. From there, the idea of ​​buying ready-made properties and renting them directly after paying the initial payment emerged, and benefiting from the rental income to pay the apartment installments, or even buying properties under construction at lower prices than ready-made projects and committing to pay simple installments over several years in a comfortable manner for all investors. In turn, the idea of ​​selling apartments in installments in Istanbul played an important factor in attracting thousands of investors and those interested in the Turkish real estate market.

The most important and latest real estate projectsVillas for sale in Istanbul

References: zingat

Edit: damasturk

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