There are many construction companies in Istanbul that offer homes on promissory notes without requiring an upfront payment. Below are some companies that sell homes in Istanbul with no down payment, on promissory notes or installment plans, along with brief notes about their options:
- Eminevim
- Birevim
- Fuzulev
- Yıldız Konut
- Milenyum Yapı
- Okyanus İnşaat
People with a steady monthly income and a good credit history can often buy a home on promissory notes and installments without a down payment. It is important to research the companies thoroughly and check whether there is a price difference between the installment price and the cash price of the property.
How to Buy a Home in Istanbul with No Down Payment on Promissory Notes Using Eminevim
Those who want to buy a home in Istanbul without a down payment can join projects organized by Eminevim in various districts of the city. Examples include Eminevim Istanbul Ahenk and the Eminevim 560 Project. For detailed information about these projects you can contact Eminevim at 444 36 46. It is also possible to use Eminevim’s system to purchase an existing home anywhere in Istanbul.
The first step is to determine the buyer’s budget and the property they want. After deciding on an affordable monthly payment, applicants can visit Eminevim offices or call to join the system. Eminevim allows creating a payment plan in which buyers choose the number of installments and the payment amounts. In lottery-based systems, homes are allocated according to the notarized draw order; in other systems the house can be delivered after a portion of the total—often half—is paid.
How to Buy a Home with No Down Payment on Promissory Notes Using Birevim
With Birevim it is possible to purchase a home in any city in Turkey. Before applying, buyers should choose the property they intend to purchase. Then they can contact Birevim customer representatives through the company’s offices or by phone to join a suitable plan. An appraisal value is determined for the chosen property and, based on that value, buyers can decide the installment amount and the payment period that suit them.
Once the application is completed and the buyer is accepted into a plan, installment payments begin immediately. Installments can be paid via bank transfer or EFT through Birevim’s website. There are plans that do not require a down payment or interim payments. For any issues related to Birevim, customers can call 444 23 53 or email [email protected] to report problems.
How to Buy a Home in Installments with Fuzulev
Fuzulev offers the possibility to buy a home on promissory notes and installments without a down payment. Buyers can choose a house from Fuzulev’s own projects or add any desired Istanbul property into Fuzulev’s system. Projects developed by Fuzulev include Tem Avrasya Residences, Istanbul Başakşehir, Olimpa Park, Vadiyaka Başakşehir and Başak City. You can reach Fuzulev’s project information or call 444 63 13 or 0212 531 53 53 to learn more about the system. Promissory notes are prepared according to the installment options the buyer selects. If a buyer faces difficulty paying the chosen installment, payment concessions such as reducing installments or temporarily suspending payments may be available.
How to Buy a Home on Promissory Notes with Yıldız
Buyers who want to purchase a home in Istanbul without a down payment can obtain properties from Yıldız Firm’s residential projects on promissory notes. For sales and payment support contact 0212 853 63 55. No upfront payment is required; the buyer determines the number of installments and notarized promissory notes are prepared accordingly. Projects include Royal Garden Residence, Yıldız City-Mimar Sinan, Yıldız City-Beylikdüzü and Almira Residence.
Buying a Home with Milenyum
Below are details about Milenyum home sales, project information, the sales process and contact details:
- Milenyum Housing Projects: Milenyum Istanbul projects include Milenyum Konsept, Milenyum Park Homes and Milenyum Green Park Homes.
- Home Purchase Process: Images and details of Milenyum properties are available on the company website. Detailed information and sales are also available at the sales office located in the Grand Tower, where buyers can view and purchase preferred units.
- Payment Process: After the sales agreement, promissory notes are prepared in the presence of a notary for the payment schedule. Payments are made by bank transfer or EFT to the company’s account.
- Company Contact: For questions about buying a home, payments, or projects call 0 216 510 14 29.
Buying a Home with Okyanus
Information about buying a home from Okyanus including payment options and the purchase process is outlined below:
- Okyanus Housing Projects: Projects include Begonya Park, Gardens Park Homes and Yıldızpark Homes.
- Home Purchase Process: Prospective buyers can view property images on okyanusgrup.com.tr. Sales are handled through the company’s Ankara and Istanbul sales offices.
- Payment Process: Okyanus İnşaat permits payment by promissory notes without an upfront payment. The total price is divided into installments and promissory notes are issued. Payments are made by transferring funds to the company’s bank accounts.
- Company Contact: The company’s phone number is 0216 593 29 91.
Conditions for Buying a Home on Promissory Notes Without a Down Payment
Below are common conditions for purchasing a home without an upfront payment:
- Buyers must have proof of income. If income documentation is not provided, a promissory note may not be issued.
- In purchases without a down payment, it is common to pay an amount equal to around 10% of the property price excluding VAT.
- Buyers’ credit histories should be in good standing so sellers can be reasonably assured that installment payments will be made on time.
Important Considerations When Buying a Home on Promissory Notes Without a Down Payment
Key points buyers should know when purchasing a home without an upfront payment on promissory notes:
- Compare the installment price with the cash price to identify any differences.
- Research thoroughly the companies offering promissory-note sales.
- Ensure promissory notes are signed and processed in the presence of a notary.
Prefer properties that are completed within the portfolios of construction firms that sell homes in Istanbul on promissory notes without a down payment.
Ağaoğlu — Does It Offer Homes on Promissory Notes?
Ağaoğlu’s Maslak projects have enabled many people to purchase homes with promissory-note arrangements.
Are There Places in Tuzla That Sell Homes on Promissory Notes?
Construction companies operating in Tuzla do sell homes on promissory notes.
How to Access Housing Projects Without Bank Loans?
With new housing projects from public and private developers, such as those from Emlak Konut, it is possible to buy homes on installments without taking a bank loan.
Are There Sellers in Istanbul Who Sell Homes on Promissory Notes Directly?
Some contractors offer homes directly on promissory notes and installments.
Can You Buy a Ready-to-Occupy Home on Installments?
Those who want to purchase a ready-to-deliver home in Istanbul without a down payment can follow project listings and select available units that are immediately deliverable.