EUR
enHow can I buy a property in Turkey if my budget is limited?!
Today, there are several options that allow absolutely any citizen to become the owner of real estate in Turkey. At the same time, you will not have to save for housing for many years and postpone the purchase of real estate on the beach. In this article, we will look at the three most popular ways to buy a home in Turkey with a limited budget.
1. Purchase of housing under construction. This is probably the most popular and profitable investment method. Most developers start selling their properties at the project stage. Buying a house at this stage, you not only save money, but also increase your investment, because with each stage of construction, developers raise the price. This means that the cost of your apartment, Villa or apartment increases by at least 30%.
2. Purchase of real estate using mortgage lending. On the territory of Turkey, it is quite easy for foreign citizens to get a mortgage loan. As a rule, the loan is given no more than 50% of the estimated value of the purchased housing. This assessment is carried out by a specialist of the Bank where you apply for a mortgage loan. The interest rate remains fixed for the entire period of payments, and banks do not have the right to increase it after the transaction is completed.
3. Urgent sale. For various reasons, sometimes it happens that you need to sell your home as quickly as possible. To speed up this process, sellers put their homes up for sale at the lowest possible prices. In most cases, such offers do not even appear in ads - such housing is almost immediately found by its buyer.
