Buying luxury real estate in installments in Turkey

Created: 2022-04-30
Last Updated: 2024-05-03
Views: 990

Content Index

When do I choose to buy a property in installments in Turkey?
The importance of buying luxury apartments in Turkey:
Important information about buying real estate in installments:
The most important Turkish cities for buying real estate in installments in Turkey:
Factors that determine real estate prices in Turkey:

The financial balance is never an obstacle to your desire to buy real estate in Turkey with the possibility of obtaining apartments and real estate in installments. If this is what concerns you, why not look for the right opportunity for you and your goals within the best real estate and investment projects in Turkey and Istanbul.

Important information about buying luxury real estate in Turkey we will provide you with in this article prepared for you by the editorial team at Ramzy Real Estate.

We wish you a lot of benefits.

When do I choose to buy a property in installments in Turkey?

In fact, this type of real estate is suitable for those wishing to buy and own real estate in Turkey, but they do not have enough budget to pay its value in cash.

Many construction companies offer special offers, high discounts and long-term installments in order to attract investors and foreigners, and it is a great opportunity to buy your apartment in the one that suits you, whether you want to live and stay in it or invest in real estate.

What you should know about this is that the prices of properties that are under construction rise between 30% and 70%, which means that you will have an opportunity to earn profits. It should be noted that it is rare to find ready-made apartments in installments, as most of them are under construction.

The importance of buying luxury apartments in Turkey:

In your opinion, what are the reasons that drive foreigners, investors or those interested in real estate in Turkey to search for luxury apartments for sale? Through the following paragraphs, we review together the most important and most prominent of those motives.

Great geographic location:

- High-end or luxury areas are characterized by a strategic geographical location within the cities.

- Close to public transport lines (Metrobus - Metro).

- You will not have limited options, but there are plenty of special offers.

An exceptional view:

- One of the most distinguishing features of real estate in Turkey is that it has a wonderful view.

- You can often find it either on the wide green areas, on the sea or on the lake.

- This has won the admiration of investors and everyone looking for excellence and charm.

- It is nice to wake up every day to the beautiful scenery of nature.

Well Serviced Areas:

- The Turkish government takes special care of the luxurious areas.

- It works to provide it with all the service and recreational facilities that the residents need.

- In it you will find the most prestigious schools - universities - hospitals - health centers - recreational attractions.

- It includes a lot of malls - commercial markets.

Real estate designed according to a modern style:

- Construction companies build residential and investment projects in these areas, according to a different, high-end style.

- Its engineering design is distinctive from the outside and from the inside as well.

- They are constructed according to international quality standards.

Real estate prices are suitable and distinctive:

- You may think that the prices of luxury real estate in Turkey are high, is this true?

- Compared to real estate prices in Europe and America, it is cheap and moderate.

- In addition, there are many facilities, incentives and attractive offers.

Important information about buying real estate in installments:

Because of the importance of this aspect, through the following paragraph, we will provide you with some important information related to the purchase of real estate in installments.

First: You will have two options that you must choose from when you are in the process of buying a property in first installments through a construction company directly after paying the first payment of its value, which ranges between 35% and 50% of the property value.

As for the second option, you buy it through a Turkish bank, which he had bought earlier from the creating company, and the number of years of installments is higher.

Second: The larger the down payment, the more this will lead to you getting a bigger discount and lower prices.

Third: Make sure that you are one of the first to buy the property within the real estate project to get a high discount.

Fourth: Make sure that you are able to pay the installments on time or agreed upon so that you are not exposed to paying fines.

Fifth: Everything that you will agree with the seller must include in the sales contract because it is a guarantee of your right and to be far from fraud.

Sixth: If you choose to buy your property through the bank, you should know that it will place a mortgage sign on the property until you finish paying all the installments.

The most important Turkish cities for buying real estate in installments in Turkey:

When we talk about the most important cities in Turkey for real estate ownership, at the top of the list you will find Istanbul, which has many advantages and importance, and through the following paragraph a brief study of it.

1 - It is distinguished by its exceptional location on two continents at the same time (the largest part is in Asia and the smallest is in Europe).

2 - It has a developed and modern infrastructure and embraces the largest and most important strategic projects such as (Istanbul Airport - Water Canal).

3 - The prosperity of tourism in it, as it has many tourist - historical - archaeological monuments.

4 - Although it ranks fifth in the world in terms of population density, it is not considered a problem in light of the development of transportation means and the expansion of highways.

5 - If you compare the prices in that city with other similar cities in Europe and America, you will find them cheap and appropriate.

Factors that determine real estate prices in Turkey:

Whether you want to buy a property in installments or pay in cash, there are some factors that you should pay attention to because they determine its value.

- The location whether in the city center or in the suburbs.

- The distinctive view helps raise the value of the property.

- Proximity and distance from service facilities.

- Close to infrastructure projects.

- Is it new or old?

- Under construction or ready?

Your unique opportunity is given to you by Ramzy Real Estate Company because you are always the subject of interest and your success and distinction only mean that it is success and pride for us.

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

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