Buying a property in Turkey in cash or in installments?

Created: 2022-05-01
Last Updated: 2025-12-19
Views: 5224

Content Index

Should I buy a property in Turkey in cash or in installments?
Find out everything related to buying real estate in Turkey with cash:
Details of buying real estate in installments in Turkey:
When do you choose to buy a property in installments?
When do you choose to buy a property for cash?

If you are going to buy real estate in Turkey, you have two options to pay either in cash or in installments, and this is among the set of facilities provided by the Turkish government to all foreigners wishing to buy real estate in Turkey.

In this article, you will learn about the two patterns used in buying real estate in Turkey in cash and in installments, as well as the difference between each of them, as well as the negative and positive aspects.

Should I buy a property in Turkey in cash or in installments?

Before you make any decision, you must understand the difference between them so that you can choose.

Briefly, what is meant is the cash payment, i.e. paying the full amount required for the price of the property in one time, while what is meant by the payment in installments is the payment of the price of the property in several stages to be agreed upon between the seller and the buyer.

It should be noted that to purchase a property in installments, the first part of the property value must be paid, which ranges between 35% and 50% of the total property value.

Through the following paragraph, you can find out everything related to buying real estate in Turkey by paying its full value.

First: When you choose to pay the full value of the property, you will get a large discount on its value, which ranges between 10% and 20%, and sometimes it is more than that.

Second: You certainly know that one of the basic conditions that must be met when buying a property in Turkey is to transfer the full price through a bank in Turkey, and when you choose to buy it in cash, you will pay the transfer fee only once.

Third: You will be able to receive the title deed of the property directly from the title deed department when the property is ready for inhabitation and transfer the ownership to the name of the buyer.

Details of buying real estate in installments in Turkey:

First: The period in which the installments must be paid varies according to the construction company. There are those who specify that the full amount must be paid within 12 months, others specify the period of 24 months, the third 36 months, and the fourth 48 months, you can choose what suits you.

Second: Some construction companies give real estate buyers in installments a discount, but it is a very simple percentage that does not exceed five percent.

Third: The buyer will not obtain the title deed until after the full payment of the full installments is completed, and after the last payment is made, the ownership transfer procedures will begin.

Fourth: All payments that you must make for the property must be made under a bank receipt.

When do you choose to buy a property in installments?

There are many reasons why you should buy a property in installments in Turkey, and we will work through the following paragraphs to discuss them in detail.

1 - If you do not have the full price of the property:

In fact, installment properties are the ideal solution for those who cannot pay the full value of the property or may not have enough money. Also, there are many people who prefer not to spend everything they have at once.

2 - Having to live directly:

You may need to find a place to live quickly, but it is not possible to provide the full price of the property immediately, so you find that buying a property in installments is the best solution.

3 - You need money to make an investment:

Many people have the ability to pay the value of the property in cash, but they choose to pay in installments because they need the money they have to do an investment work, or they may need it in other businesses, so they prefer not to freeze the amount.

4 - Buying two properties instead of one:

Some investors choose to buy two properties in installments instead of one property in cash so that their money is not all in one place.

Among the information that you should know about installment real estate is that it is an alternative option to renting real estate, and in the end, the property becomes yours, and therefore you have achieved two goals at the same time, the first is to get rid of the burden of rent and the second is to own a property.

When do you choose to buy a property for cash?

There is no doubt that buying real estate in installments offers you many advantages, but despite that, a large group of people looking for real estate for sale chooses to pay cash, for many reasons, the most important of which is.

1 - In order to receive the property directly:

- Your monthly obligation to pay and repay your due payments for the price of the property may be a burden for you.

- You may need the property immediately, so most of the installment properties are under construction and you rarely find ready-made properties in installments.

- You will have the opportunity to dispose of the property as you wish, you may rent it to get a monthly return or have to resell it after a short period of time.

2 - It makes you feel safe and comfortable:

When choosing to pay the price of the property in cash, there is no need to think that the property has become completely yours, and instead of thinking about how to pay the monthly installments, you can think about starting another investment project or buying a second property.

3 - To get a high discount:

Paying the price of the property in full allows you to get high discounts as we mentioned above, while the installment property makes you face additional costs that not everyone is willing to pay.

Whatever your choice is to buy a property in cash or in installments in Turkey, you will be faced with positive and negative aspects, and the important thing is that you must choose what suits you, as installment properties may not be suitable for you and paying in cash may not be the ideal solution for you.

The best suitable offers we are working to secure for you. You can contact us to tell us your desires, and we will, in turn, provide the exceptional offers that you deserve.

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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