Payment Plans in Turkey: Cash or Installments Explained

Once you have chosen a home in Istanbul, the next question is how to pay for it. In Turkey a buyer can pay in cash or, on selected new projects, spread the price over a schedule set by the developer. Neither route is better in every case. This guide explains how each one works in general terms, shows real examples from the projects we offer, and lists what to check before you commit.

Cash or installments: the basic difference

A cash purchase means the agreed price is paid in full, usually at or soon after the signing of the agreement. It is simple and leaves no schedule to follow. Our price notes also say that prices vary by payment method, so ask the sales team for the price that applies to the way you want to pay. An installment plan, often called a payment plan, splits the price into a down payment followed by a number of monthly payments. On new projects the schedule is usually spread across the construction period, so you do not need the whole amount on day one. Our site states that flexible installment plans are available on select projects, not on all of them, and some projects have no published plan at all.

Examples from our projects

The plans below are the ones published on our site, and each one is shown as a down payment with the balance spread over a number of months. Lotus Yaşam in Beylikdüzü lists a 30% down payment with the balance over 30 months. Vadi Panorama in Başakşehir lists 40% down with the balance over 48 months. Özak Dragos in Maltepe lists 50% down with the balance over 24 months. Prices on our pages are shown in US dollars. These examples show how much plans can differ: a smaller down payment usually goes with a longer schedule, and a larger one with a shorter schedule. Terms depend on the project and may change, so always confirm the current plan with our team and in the sales agreement itself before you decide.

Costs beyond the price

A payment plan covers the price of the home, not every cost of buying. Our price notes say that the 4% title deed registration fee is not included, and our page on fees explains that this fee is 2% for the buyer and 2% for the seller, a total of 4% of the declared sale value. Other costs, such as the appraisal report, depend on the case, so ask for the full breakdown for the project you like.

Payments are also changing. Our legal news page reports that the secure payment system, which connects the Land Registry with banks so that the payment and the title transfer are completed together, becomes mandatory in property sales from 1 December 2026, except for the sales that a protocol excludes. If you are buying around that date, ask how it applies to your purchase.

What to check before you agree

Read the agreement with someone you trust, ideally a lawyer, and check that it names the exact home, the total price and the currency, the payment schedule, and the delivery date. Ask what happens if a date changes, and keep a copy of every receipt. A home under construction is usually sold through a notarised promise-to-sell agreement, and the title deed transfer follows later.

If you are buying for Turkish citizenship, tell us at the start. On our citizenship page the price must be paid by bank transfer in foreign currency, converted at a Turkish bank against a Foreign Currency Purchase Certificate (DAB), so the payment schedule should be prepared with that in mind. The conditions are per current law and may change.

HADARA, your real estate partner in Istanbul, can compare the payment options of our projects with you. Contact us or book a private video tour to choose the project and the plan that suit your budget, then visit Istanbul to see the home in person and sign.