Secrets of obtaining apartments in Istanbul in installments

In the past period, Turkey has become an attractive investment destination, especially for foreign investors who intend to buy a property in Turkey for various purposes, including the desire to achieve investment returns and financial gains due to the high investment strength of Turkey's real estate, as it is a guaranteed area to achieve profits due to high demand and It continues, whether in order to sell, buy, or even rent, while other individuals want to obtain real estate in Turkey in order to settle in it because buying a property in Turkey gives the opportunity to obtain Turkish citizenship in the event that some simple conditions are met and because Turkey is an ideal place to live thanks to the availability All the factors necessary for comfortable living, including the foundations of life, a strong economy, and available job opportunities. 
In addition to the fact that the real estate market in Turkey offers great diversity, both in the options available to investors or in the way to buy the property, and one of these methods is to buy a property in Turkey in installments, which is the preferred method for many people. 

What does it mean to buy a property in Istanbul in installments:

The real estate market in Turkey in general and in Istanbul in particular is characterized as one of the most important real estate markets in the world and the first choice for many foreign investors thanks to the facilities provided by the Turkish government in order to invest in Turkey real estate, whether in terms of laws, payment methods, or the features associated with owning Real estate in Turkey, including buying a property in installments, which means that the required amount in exchange for owning the property can be divided into a number of comfortable payments for a long period of time so that you can get the property even if you do not have the full price for it at the present time. 
Many construction and reconstruction companies provide the service of buying apartments in Turkey in installments, which helps to provide opportunities for obtaining real estate in front of many people with limited income and thus works to stimulate the real estate market on the other hand, so we find that there are thousands of projects under construction that are It allows buying real estate in installments and under the supervision of hundreds of important real estate companies. 
 

Ways to buy apartments in Istanbul in installments:
 

With the increase in the number of construction companies that offer the advantage of buying a property in Istanbul in installments, this process has become easier and faster, both in terms of research or procedures, and the mechanism of buying apartments in Istanbul is carried out in installments, provided that a payment is made called the initial payment, whose value varies according to the company providing the offer. The type of property, usually between five and twenty percent up to fifty percent of the property's full value, and the rest of the amount is to be paid in monthly payments and the time period for the installments is also varied, but it is always comfortable, it is not less than twelve months. And it can reach up to forty-eight months and sometimes more. 
 

Legal procedures for buying real estate in Istanbul in installments: 
 

After you choose the property you want to buy by searching with the help and advice of a real estate agent, you will sign a contract from the construction company responsible for the project that offers the advantage of buying real estate in installments, and this contract must include detailed information about the property or apartment and its specifications, and it must be mentioned The method of payment that the two parties have agreed upon in determining the value of the initial payment, the number of payments and the time periods between each payment and the next, as well as the period over which the amount will be divided, and after ensuring that all parties agree to the full content of the contract, it must be certified by the notary or the clerk Justice with the presence of your own lawyer and a sworn translator, and after certification, you will be able to benefit from your property even if you have not yet completed the full payment of the payments, but of course if the property is ready for housing and you will be able to invest the property in any way you want, whether renting it or To live in it, but you will not get the title deed of the real estate or the title deed until you complete the full payment of the payments to the company that owns the property. 
And buying apartments in Turkey in installments is not limited to Turkish citizens only, but also allows foreigners to obtain property in the same way. 
 

How to buy apartments in Istanbul in installments: 
 

There are two ways to buy real estate in Istanbul in installments. The first way is by purchasing the property directly from real estate companies, as the companies responsible for projects organize official sales contracts and these contracts include all the details of the value of the payments, whether the initial payment or the rest of the payments and the mechanism of payment of installments from the number of months And the date of payment. The second method is by taking a loan from the bank, and in this way the bank buys the property that you want and puts a mortgage on it, and this mortgage is not removed except when you pay all the installments owed on you and finish the full price of the property. 
Many people prefer to buy apartments in installments in the first way, as they are not associated with the need to pay any interest, as it is possible for the bank to raise the value of the property when selling it to you or demanding additional benefits from you.

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.

Editing by Ramzy Real Estate Team ©

related articles : 

buying property in Istanbul
Istanbul luxury real estate 
Turkish citizenship by investment 
Istanbul property prices 2020-2021
Turkish citizenship by buying property 
Real estate prices in Turkey 2020-2021
Istanbul property investment 
Villas for sale in Istanbul European side 
obtain permanent residence in Turkey
cheap apartments for sale in Istanbul 2020-2021

#Ramzy_real_estate     #real_estate_investment

#apartments   #istanbul     #turkish_citizinship