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Apartments for sale in installments

Jul 1, 2021
Phoenix Team

There are many who dream of owning an apartment in the charming city of Istanbul, but when they look at the prices, they find them not commensurate with their budget and they fall back. But today the Phoenix City Home company offers you the perfect solution to own an apartment in a way that suits your budget and your ability to pay for it, how is that? Come with me in this article to find out how?

There are many who dream of owning an apartment in the charming city of Istanbul, but when they look at the prices, they find them not commensurate with their budget and they fall back. But today the Phoenix City Home company offers you the perfect solution to own an apartment in a way that suits your budget and your ability to pay for it, how is that? Come with me in this article to find out how?

 

If you go to any shop in Turkey and stand in the door to pay for the jacket you bought you will see the Turkish customer in front of you discussing with the employee the available installment method. Yes, it is known, about the Turkish people that they are people who adopt the purchase in installments so it was no surprise that this method moved to the real estate field, and there became apartments for sale in installments. This applies to both Turks and foreigners, as the property ownership law does not distinguish them in the proceedings.

However, it is important to note that the installment option is available if you purchase directly from the construction company or through a real estate broker but is not often available if you purchase from an independent owner.

Despite what we are witnessing in the other countries of increasing the price in the case of payment in installments, we do not find this policy in Turkish real estate, though the property remains at its price, the buyer loses the possibility of obtaining a discount in the case of cash payment.

 

Apartment options for sale in installments:

 

Offers to buy apartments in installments have resonated widely and led to a larger boom in the real estate sector as construction companies race to offer the best offers that guarantee comfortable repayments for long periods of time, sometimes up to several years.

There are options that vary in the value of the first installment of the property, the number of years during which you can install, and the value of each installment, the most famous of which are:

- Pay half of the value of the property as a down payment and then install the rest of the value of the property over 3 years.

- Pay 35% of the value of the property and install the rest of the amount over five years.

However, there are new offers that show up every day to facilitate the purchase of investors and increase the installment period to seven or ten years in some projects, especially those that are still under construction.

 

What are the benefits of selling apartments in installments?

 

The construction company benefits from the premiums, especially in the early stages of the project to pay the necessary financial expenses during the construction process to complete the project and finishing it. The investor also benefits by reducing the financial burden on him by paying the value of the property over a longer period of time and in installments, so that he can own the property even if he has not the full price at the time of purchase and can take advantage of the property later either for personal use or by renting it at an appropriate return.

Moreover, After the recent legal amendments, properties purchased in installments became suitable for the candidate who sought Turkish citizenship, encouraging many to take advantage of this golden opportunity.

 

Why is the property advisor the best in this field?

 

Phoenix City Home relies on providing all offers of apartments for sale in installments that make it easier for the investor to obtain the benefits of ownership in Turkey without falling into financial distress. The company seeks to look for gold offers from the construction companies and offer them to buyers that allow installments for long periods and complete comfort.

It is important to note, however, that the higher the value of the down payment, the greater the concessions and offers offered by companies and real estate brokers.

 

Phoenix City Home company is working to complete the necessary legal procedures for the purchase of apartments in installments to ensure the preservation of the right of the seller and the buyer during the installment period.

So, if you want to buy a dream apartment in Turkey without getting into financial pressures and resorting to borrowing or being subjected to fraud, feel free to contact us.

|Tags

Turkish Citizenship, Turisim, About Turkey, Turkey Properties, Istanbul Properties, Phoenix City Home

Similar links:

Phoenix City Home Apartments for sale in installments Istanbul properties

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