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Akr Group ConstructionGlobal Properties features over 4438 listings of off-plan flats for sale in Turkey at developer prices. The platform's advanced features make it easy to find the perfect match for your personal preferences or investment goals. These include an advanced search engine with multiple filters, quick links, sorting options, a currency converter and an interactive map.
Find your dream apartment and contact the seller directly via phone or private messaging to discuss the possibility of closing a deal. Each listing provides the contact details for agencies and developers.
- Minimum cost: USD 79422
- Maximum value: USD 5.9 million
The purchase of immovable property in the territory of the Republic can serve as the basis for a temporary residence permit under a simplified process if the value of the property exceeds USD 200,000. Foreigners participating in this programme are granted resident status for two years. This document can be extended an unlimited number of times as long as the property remains in the investor's ownership. In addition to the buyer, their family members, including spouses, minor children and parents are also eligible to apply for a resident card.
Property investors can choose to apply for simplified citizenship. To qualify, they must purchase a property worth at least USD 400,000. The spouse and minor children can obtain a passport along with the main applicant, while adult children and parents are eligible for resident status.
Off-plan apartment in Turkey
Buying an off-plan apartment in a new building can be an appealing option for those seeking high investment returns or wanting to personalise their living space. Buyers who commit to a deal at an early stage of the project can typically choose the floor location and the direction windows will face. Developers often allow them to select the layout, colour scheme, furniture, bathroom fixtures and other details.
When financing a new property in Istanbul, Ankara or anywhere in the country, buyers can explore several options:
- Instalment loans from developers: Many development companies offer financing for off-plan apartments. These loans typically come with a variety of payment plans, allowing buyers to make instalments during the construction phase and pay the remaining amount upon property handover. It's crucial to carefully review the terms and interest rates of such financing arrangements before deciding;
- Bank loans: Another option is to secure a mortgage from a Turkish bank. Most local banks offer loans for apartments in off-plan projects in Turkey for investments and living. However, the terms and conditions may vary. To apply, the buyer must provide the necessary documentation, including income certificates, proof of employment and a property valuation report;
- International financing: Non-citizens or non-residents of Turkey can explore financing options in their home country. Some international banks provide loans for purchasing property abroad. It's advisable to consult with a financial advisor before exploring these options.
Investments in off-plan apartments in Turkey
Buying off-plan property can be a lucrative decision with the right strategy. Here are a few ways to profit from such investments:
- Resale after handover: Many property developers offer a 15-30% discount during the initial stages of the project. In this case, the prices of flats in new off-plan developments in Turkey generally rise as construction progresses. Investors can realise short-term capital gains by reselling the apartments immediately after the ownership transfer;
- Buy-and-hold strategy: Purchasing an off-plan flat can serve as a long-term investment strategy. By holding onto the property for several years, investors can benefit from both capital gains and rental income. In May 2024, housing prices in the country increased by 71.7% year-on-year, marking a steady increase for the fifth consecutive year and attracting buyers worldwide;
- Rent business: Once construction work is complete, owners can begin looking for tenants. Investors interested in rental income are advised to choose properties in popular tourist areas or locations with a large expat population. For instance, apartments or villas in Istanbul can yield a profit margin of over 6.63% per annum.
Buy an off-plan apartment in Turkey
Our extensive property database is updated daily with new listings for Turkish residential and commercial properties and land plots. In the catalogue, you'll find off-plan apartments in Istanbul, Ankara, Antalya and other attractive locations for investment, relocation and recreation. Each listing is manually verified, so users have access to up-to-date features, photos and prices. Enjoy the simple functionality of our site today.