Mortgage housing sales have decreased in Turkey. What is replacing it?
More and more people prefer to pay for their purchase upfront or use an interest-free installment plan. This option is available when buying property during the construction phase. It is a beneficial and convenient mechanism where the buyer makes an initial payment and pays the remaining amount in installments, without any interest.
Buying property during the construction phase is advantageous not only because you can buy housing cheaper and in installments. This option has many other advantages. You can learn more about them in our new article. We remind you that foreigners can also buy property in under-construction residential complexes in Turkey.
