Finance and Payment Options

Finance and Payment Options

Finance-and-Payment-OptionsIf you do not wish to pay the price of the property in full and wish to pay some of it with monthly or quarterly payments, there could be two ways when you buy a property in Turkey.

For example the payment options for a finished property will for sure differ from that of a property at the planning stage.

 

1-Mortgage: Some Turkish banks provide mortgage to foreigners and not very common in Turkey although it is new.

We will assist you in all the paperwork. International clients to get a mortgage as about 50% of the appraised value of your real estate in Turkey especially from Middle East countries .

 

2-Developer finance: We have some off-plan projects that the developers provide its own financing.

The down payments start as low as 20% of the property price with 6-36 months payments according to the payment options of the projects.

ICanBuy will provide you with this information because it is depends on the project.This is an easy way to finance the property in Turkey you wish to purchase.

 

Legal requirements

Legal requirements

  • The named purchaser and / or officially appointed representative are the only individuals who have the authority to sign the ownership and legal documents (TAPU). The named purchaser and / or assigned representative are obligated to attend personally to the appointed office in order to finalize and collect all the required purchase documents.
  • A copy of the buyer’s valid current passport.
  • 2 colour passport photos.
  • If the property is being bought as a joint venture, copies of valid passports and passport photos are required for each individual involved.

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