Buying property in Turkey without a mortgage - interest-free installment plan
Mortgage-free installment plan – a real alternative for foreign buyers
Buying a property abroad is a big step. However, many people interested in living or investing by the sea in Turkey do not realize that they do not have to have the entire amount at once . Thanks to cooperation with developers, it is often possible to buy an apartment without the need for a mortgage - through the so-called installment plan .
How does the installment plan work when buying an apartment in Turkey?
Most new buildings and projects under construction offer the option of paying in installments - directly through the developer, without a bank loan. This method is simple, flexible and available even to foreign clients.
Standard model:
Deposit upon signing the contract: 30% to 50% of the total price
The rest: divided into 6-24 monthly installments (most often without increase)
Installments are interest-free – you don't pay more than with a one-time purchase
Who can use this payment method?
Interested parties who do not have the full amount available immediately
Buyers who do not want to deal with a mortgage abroad
Investors who plan to sell another property and finance part of the purchase price later
People who want to secure an apartment under construction at a bargain price
What are the benefits?
Quick and easy setup – no bank or income registration required
Possibility to reserve a currently advantageous price – the price is fixed upon signing
Flexibility in repayment – repayments can be monthly or quarterly, as agreed
You will have time to finance your purchase without pressure
What to watch out for?
Not all projects offer this option – especially not ready-made apartments.
Practical example:
In a project in Alanya, where we work directly with the developer, there is currently an opportunity to buy a two-bedroom apartment for 110,000 euros. The customer pays 40% upon signing the contract and the rest is divided into 18 installments without any increase .
Conclusion
The installment plan is a great solution for those who want to live or invest in Turkey without having to pay the entire amount upfront. This option makes Alanya properties accessible to clients who would otherwise hesitate.
If you are interested in specific projects with installments, please contact us - we will prepare an individual offer according to your possibilities.
