What is developer installment financing in Turkey and what are its terms?
Developer installment plan (taksitli satış) is an interest-free payment plan without bank involvement. Standard terms: a down payment of 25–50% of the price, an installment period of 12–36 months, with no interest. Installments are available only for primary market properties (new builds) and are fixed in the sale contract. Early repayment can provide a discount of 10–20%.