Financing & Payment Plans for Foreign Buyers in Turkey (2026)

Foreign buyers in Turkey generally have two ways to finance a purchase: an interest-free developer instalment plan (the most popular route for off-plan property) or a bank mortgage of up to roughly 50–60% of the valuation. Many buyers also simply pay in full, which can unlock the best price.

Option 1: Developer instalment plans (0% interest)

For off-plan and new-build projects, developers frequently offer interest-free payment plans. You pay a down payment (typically 30–50%), then spread the balance across equal monthly instalments until completion. There is no interest and the price is fixed in the contract — a major advantage for international buyers.

Option 2: Bank mortgages for non-residents

Several Turkish banks lend to non-resident foreign buyers, usually up to 50–60% of the appraised value over 5–10 years. You will need proof of income and the property valuation. Rates and terms vary, so we introduce clients to suitable lenders.

How much deposit do you need?

Off-plan instalment plans usually start at a 30–50% down payment. A completed property bought outright requires the full amount plus around 4–6% in purchase costs (transfer tax, notary, legal). See our breakdown of the hidden costs of buying in Turkey.

Transferring your funds

Payments are documented through a Turkish bank account, which also supports residence and citizenship applications. A specialist FX provider usually beats a high-street bank on the exchange rate — read our guide on transferring money to Turkey.

Frequently Asked Questions