Which Payment Methods Can You Prefer When Buying Property?
A well-planned budget when buying property solves future financial troubles. At Basic Apartment, we don't just aim to sell you the most expensive property. Our goal is to use our extensive expertise and experience to find you the perfect home in a beautiful city in Turkey. As soon as we understand your property preferences, we will leverage our knowledge to find several apartments that we are confident you will love. We always strive to find the perfect property for our clients, which is how we measure our success. Once you have decided to buy a property in Turkey, we need to understand what kind of property you desire – lifestyle, number of bedrooms, kitchen type, size, and location. Then we want to hear about those extras it would be lovely to have, such as an indoor pool or a jacuzzi, but most importantly, we need to know your budget and how to finance the property cost in Turkey.
Planning Finance Before Buy Property in Turkey
We strongly advise you to thoroughly check your finances before buying property in Turkey. This way, our teams can provide you with the most relevant advice, ensuring you won't encounter any financial difficulties.
Cash Payment
Once you sign the agreement, about %10 of the payment is made with the agreement, and the rest is paid when you transfer the ownership. This is usually done in the Land Registry office. This amount can be transferred to the buyer's account, partly from the account and partly at the land registry office, or all paid by hand in the title deed office. The payment options depend on your agreement. At Basic Apartment, we always work with our clients to make the safest way.
Long-Term Installment Payment
Long-term installment payments are common in Turkey. Generally, you pay at least 25% of the total sum, and the rest is paid until the construction stage is completed. The most critical point with installment payments is who is behind the project. Is the constructor trustworthy, and is he strong with finance? With our 18 years of experience in the market, we conduct all the necessary investigations for our clients, and we are sure about the constructor. We offer installment payments for our clients.
Bank Loan in Turkey
If you need more than your finances to buy the property you want, you may get a loan from a Turkish bank. The loan may be up to 50% of the expertise value in Turkey. However, the Expertise value might differ from the property's actual value. BasicApartment Real Estate is working with a leading private bank in Turkey.
Once you have chosen your new home, our agent will arrange the technical and legal inspections for you. We are ready and willing to overcome any hurdles that may arise with our knowledge and experience of local laws and regulations. Our agents will only stop at something to help with everything you need. We don't want to sell a large apartment where a smaller one is required or cause you financial problems; our only aim is to help you find the right home. Once you have decided on your choice of Apartment, we will follow the procedures laid out in the step-by-step-buying-guide-in-Turkey.
