Damas Group Real Estate

Installment Apartments for Sale in Turkey 2024

Installment Apartments for Sale in Turkey 2024


Turkey is one of the most attractive real estate destinations for foreign investors, thanks to its strategic location, cultural richness, natural diversity, and political and economic stability. Among the real estate opportunities available in Turkey, installment apartment purchases stand out, offering buyers flexibility and convenience in ownership and investment.

In this article, we will explore the main reasons that make buying installment apartments in Turkey an enticing option, how to take advantage of this opportunity, and what are the conditions and legal matters related to it. We will also review some of the distinctive models of apartments available for installment sale in various Turkish cities.


Why Buy Installment Apartments in Turkey?

Buying an apartment in installments provides economic comfort, especially for people who do not have large capital and want to enter the world of real estate investment with low capital. Installments ease the financial burdens on buyers by creating a repayment plan that suits their budget and offers them the opportunity to diversify their financial portfolio and provide them with a kind of financial security. For example, it represents a profitable investment alternative for a person living in a rented house and paying rent every month. When buying an apartment in installments, rent payments become installments for buying the apartment, and the person later becomes the full owner of the house after paying all the installments.

Generally, buying an apartment in installments is seen as an investment that increases in value. The apartment purchased in installments may gain its value over time, which may increase the buyer’s return on investment.

In addition, buying and renting an apartment can be a regular source of income. And a way to cover the additional installments remaining from the property price if the purchase was made through the bank and this can be a good strategy to generate additional income, especially during retirement.


Best Areas to Buy Installment Properties in Turkey


مناطق ذات شراء عقارات بالتقسيط قي تركيا


If you are thinking of buying an installment apartment, these cities and areas can be a good starting point, and you can always contact our team at Damas Group Real Estate to find the best installment real estate opportunities in Turkey.

Istanbul is the largest city and economic center in Turkey and ranks first for real estate investors. The city is famous for its monuments, tourist areas, wonderful views, and modern lifestyle. In Istanbul, areas such as Ataşehir, Kadikoy, Beşiktaş, and Sarıyer are particularly popular due to their high return potentials.

On the southern coast of Turkey lies the city of Antalya, one of the most popular tourist destinations in the country. The city is famous for its beautiful beaches, historical monuments, and luxury resorts.

Izmir is one of the largest cities located on the shores of the Aegean Sea and is famous for its modern lifestyle and historical and cultural wealth. Alsancak, Karşıyaka, and Bornova are the most popular areas for real estate investment in Izmir.

Ankara plays an important economic and political role as the capital of Turkey and is the headquarters of government buildings, universities, and major companies. Çankaya, Yenimahalle, and Keçiören are the best areas for real estate investment in Ankara.

Bursa is a city famous for its historical and natural beauty. It is also one of the main centers of the automotive and textile industry in Turkey. Nilüfer, Osmangazi, and Yıldırım are the best areas for real estate investment in Bursa.


Is Buying an Installment Apartment in Turkey Safe?

Buying an installment property in Turkey can be a safe and attractive option for many people, but it is important to pay attention to some points to reduce potential risks and make the property buying process safer. This can be done by looking for a reliable real estate agent when buying an installment property. You can evaluate the reliability of the real estate agent by checking the agent’s previous transactions and customer reviews. Also, you should pay attention and read the contract carefully when buying an installment property as you should have full knowledge of the repayment schedule, interest rates, and other terms specified in the contract in addition to checking the condition of the property which is another important point to consider when buying an installment property.

Choosing the property that suits your payment plan is also important when buying an installment property so that you make sure that the monthly installments do not exceed your budget.


شراء عقار في اسطنبول

Also, see the best properties in Istanbul.

Can a Foreigner Buy a Property in Turkey in Installments?

Foreign investors’ rights in Turkey are equal to the rights of Turkish citizens. Foreigners can buy, sell, and rent any property in Turkey, with some exceptions for foreign property ownership in Turkey, which the law has defined, such as the property not being near any military barracks and the law has exempted some nationalities that are not allowed to own properties in Turkey.

Otherwise, foreign investors can own their apartments and decorate or renovate them as they wish.

Buying an apartment in installments is a great advantage for foreign investors. This method allows the investor to own an apartment without straining their budget. In addition, since the apartments that are bought in installments are generally in the project construction phase, investors have the opportunity to customize their apartments according to their personal tastes.

In the case of buying a property in installments, the foreign investor has the right to apply for citizenship even before completing all the remaining installments, only if the amount paid from the property price has reached 400 thousand dollars.

Sales of homes to foreigners in recent years in Turkey have increased significantly. Behind this increase are the attractive investment opportunities that Turkey offers and the ease of buying apartments in installments. This is a positive sign for the future of the real estate market in Turkey.


Can You Own Installment Sale Apartments in Turkey Without a Down Payment Through Banks in Turkey?

The opportunity to own an installment sale apartment without a down payment enables many people to realize their dream of owning a home. It is one of the facilities offered by the Turkish government to support real estate investment as many banks in Turkey have started offering housing loan options to their customers. These loans allow individuals to own an apartment in installments without paying a down payment. Here is an overview of this process:

The first step is to apply for a mortgage loan. The application process usually involves steps such as proving income and banks often need this information to assess the applicant’s ability to repay the loan in addition to identity documents and credit score verification where the credit score depends on factors such as the person’s previous payment habits, current debts, and financial situation. A high credit score makes the bank more likely to grant you a loan.

Mortgage loans are usually granted at a certain interest rate. This rate determines the total cost of the loan. In addition, there is a repayment plan that is determined between the bank and the client. This plan determines the amount of the monthly installment and the repayment period.

Once the loan is approved, the process of choosing the apartment and buying it begins. This process is usually done through a real estate agent or a real estate company. After choosing the apartment, the sales contract is signed and the loan amount is transferred to the seller.


Read More About Buying Installment Apartments in Istanbul Click Here


Conditions for Buying an Apartment in Installments in Turkey


  شروط شراء شقة بالتقسيط في تركيا


Conditions for buying an apartment in installments in Turkey

To buy an apartment in installments in Turkey, it is required to obtain prior approval that the deal is considered a deferred sale of the property, meaning that the buyer does not own the property until after paying the full price and is prohibited from selling it before that.

Real estate appraisal is a mandatory procedure to ensure the value of the apartment without exaggeration and the real estate appraisal report is issued by official bodies licensed by the state.

Before signing the contracts between the seller and the buyer, it is necessary to agree and write all the details related to the payments, delivery dates, final specifications of the property, and delivery time.

In general, you are asked to pay a down payment at the agreed date between the seller and the buyer at a certain percentage, usually ranging between 35% and 50% of the total price of the apartment. The amount of the down payment may vary from one developer to another. But the larger the down payment for the property, the more the buyer benefits from facilities and larger discounts from the total price of the property.

You must commit to the dates of the monthly payments to avoid any penalties resulting from the delay and these penalties are predetermined in the contract concluded between the seller and the buyer.


Methods of Buying an Apartment in Installments in Turkey

There are two common ways to buy an apartment in installments in Turkey:

Direct Purchase from the Construction Company:

In this case, a down payment is usually made, which is about 35% of the total price of the apartment. Then an agreement is made with the seller on the amount of the remaining payments and the number of installments. The construction company undertakes to deliver the apartment with the specified specifications at the specified time.

Purchase with a Bank Loan:

In this case, the bank buys the apartment and retains the right to mortgage it until all installments are paid. This method provides a quick solution for those who cannot pay the full price of the apartment.

Both processes involve specific steps and are often easier with the help of a real estate agent. Our team at Damas Group Real Estate is ready to provide all kinds of free consultations and assist you in making the decision that suits your investment goals.


Tips When Buying an Apartment in Installments in Turkey


نصائح عند شراء شقة بالتقسيط في تركيا


Of course, here are some important points that you should consider when buying an apartment in installments:

  1. It is very important to determine your payment plan and budget, and that the monthly installments are at reasonable levels compared to your income.

  2. The location of the apartment greatly affects its value, and you should pay attention to the infrastructure facilities, transportation options, and proximity to the surrounding social facilities.

  3. Checking the quality of the apartment construction is important and can reduce maintenance and repair costs in the long term.

  4. Check the status of the apartment’s title deed. Apartments with joint title deeds are safer than those with land attachment deeds.

  5. Look into the future development plans of the area. This can give you an idea of whether the value of the apartment will increase over time.

  6. Get a real estate appraisal report for the apartment because this report tells you the market value, physical condition, and legal status of the apartment.


Long-Term Installment Projects in Turkey 2024

In this article, we will take a look at some of the projects that feature long-term repayment plans to be more compatible with investors’ capabilities and give them a wider range in diversifying their financial portfolio without having to invest their money in one place during a short period of time as the installment period of payments in some of our projects extends to four years or more, which is an opportunity not to be missed.


Istanbul Complex 053

City: Istanbul

Region: Kartal

Delivery Date: 1/1/2025

Payment Method: Installment

Property Type: Apartments

From City Center: 32 km

From Airport: 12 km

The project is characterized by a stunning sea view as the project is located in the Kartal region within the Asian section of Istanbul on the coast of the Sea of Marmara and opposite the Princes’ Islands. The project represents a great investment opportunity due to its competitive prices for similar projects in the European section.

The project is built on a land area of 4500 m2 and consists of two buildings, with a total of 156 apartments. Currently, there are property options ranging from 1+1 to 1+3, and the areas start from 72m2 up to 167m2.


عقارات للجنسية التركية

Also, see the best properties in Istanbul.


Comfortable Installment Apartments in Turkey 2024


In this paragraph, we will review an example of one of our projects with comfortable installments, which combines the advantage of a low percentage of the down payment amount from the property price and the length of the period over which the remaining payments extend, giving the investor comfort in paying his installments without any pressures.


Istanbul Complex 148

City: Istanbul

Region: Küçükçekmece

Delivery Date: 1/1/2025

Payment Method: Installment

Property Type: Apartments

From City Center: 15 km

From Airport: 25 km

The project occupies a prominent location in the European section of Istanbul and the project is characterized by a double water view on both the Sea of Marmara and Lake Küçükçekmece and is close to both the Metrobus station and the Marmaray metro station and two of the most major and fast roads. It is located in one of the regions that are witnessing an urban renaissance and a large number of new residential projects and a bright future is expected for the region as its properties are trending towards an increase, especially with the opening of the new Istanbul Canal.

The project is built on a land area of 5400 m2 and consists of 6 buildings with a total of 200 apartments with models ranging from 1+1 to 1+3 and areas from 65 m2 to 175 m2.


Installment Villas for Sale in Turkey 2024


We also have a wide range of villa projects at Damas Group Real Estate that offer investors comfortable installment options over long periods.

Istanbul Complex 288

City: Istanbul

Region: Pendik

Delivery Date: 1/6/2025

Payment Method: Installment (50% down payment and the rest in installments over 60 months)

Property Type: Apartments, Villas

From City Center: 55 km

From Airport: 11 km

The project is located in the Pendik region within the Asian section of Istanbul and consists of 7 buildings, including 4 buildings of residential apartments with different models ranging from 2+1 to 5+2 duplexes. And 3 buildings are villas consisting of two floors of 4+1 type.

The project is the epitome of luxury and modern designs with finishes that mimic the highest quality standards in a quiet area far from the hustle and bustle of the city and minutes away from the Marmaray metro line that connects the European and Asian sections of Istanbul. It features a comfortable payment plan.

The options vary to suit all tastes and capabilities, where you can check out the latest projects we own at Damas Group Real Estate through our website or contact one of our sales representatives who are ready to provide you with all kinds of free consultations and accompany you on field tours to get to know the best investment projects.


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Keys to finding related properties:

- Apartments for sale in Istanbul

- Government-guaranteed properties

- Properties with special installment plans

- Villas for sale in Istanbul

- Properties for sale in Başakşehir


داماس جروب العقارية

In the competitive real estate market, Damas Group Real Estate aims for excellence by offering the latest information and news about the Turkish real estate market. Our specialized marketing team is always ready to respond to your inquiries and answer all your questions. Our sales representatives are qualified and receive ongoing training to maintain top-notch work quality.

At Damas Group Real Estate, we have a diverse real estate portfolio that meets all your investment aspirations. We offer you our various options and aim to connect you with developers with whom we have strong relationships. We help you with all procedures, and even after you buy a property, we offer crafted investment plans to maximize returns through resale.. Contact us to learn more.

Since our establishment, we have been striving to reach the top in serving our clients. Your opinions and comments matter to us as we strive to climb the ladder of success towards the summit.



The difference is that buying a property in cash means transferring the ownership deed and owning the property officially immediately, thereby benefiting from any investment returns such as selling the property, renting it out, applying for property residency, or Turkish citizenship. On the other hand, purchasing a property on installment means not benefiting from those returns until completing the property's installments.

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