29.05.2024 15:30
Due to the decrease in housing sales and the stagnation in the market, Emlak Konut GYO has launched a new campaign. Under the slogan 'Safe Investment, Secure Future', the campaign includes reducing mortgage interest rates and extending the repayment periods. The campaign offers a 25% discount for cash purchases, interest-free installment sales with a 25% down payment, payment of half the amount upfront and the remaining half after 24 months, and a fixed increasing installment option for 72 months with a 25% down payment.
Rising prices and interest rates have reduced access to housing and caused a stagnation in the housing market. While citizens are looking for new ways to become homeowners, Emlak Konut GYO shared their project to revitalize the market. With the new campaign, housing loan interest rates will be reduced and repayment periods will be extended. A press release was held at the General Directorate building of Emlak Konut GYO regarding the campaign, which was launched under the slogan "Safe Investment, Secure Future".
Cengiz Erdem, the General Manager of Emlak Konut, spoke at the meeting and explained that they continue to build living spaces that will provide the happiness that the nation deserves with the work they carry out under the Ministry of Environment, Urbanization and Climate Change.
Erdem stated that they have full confidence in the future of Turkey and continue to work in this direction. He emphasized that the construction sector has always played an important role in strengthening Turkey's stable economy and becoming one of the top 10 economies in the world, and will continue to do so.
Erdem stated that the construction and real estate sector continues to make the necessary sacrifices to achieve this goal and mentioned that the government, the Ministry, and relevant organizations continue to support the sector.
COVERS 16 PROJECTS IN 5 CITIES
Cengiz Erdem stated that they completed 2023 with a record pre-sale revenue of 53.2 billion Turkish liras, and delivered 4,700 independent sections to the rightful owners. He said, "With our strong and expert team, we are taking our company to much stronger futures with our 137 construction sites covering an area of 8.5 million square meters, 103,000 independent sections under construction, and more than 200,000 direct and indirect employees."
Erdem mentioned the Emlak Konut payment system and the campaign they launched under the slogan "Safe Investment, Secure Future" and said that the campaign covers 16 projects located in Istanbul, as well as Izmir, Antalya, Balikesir, and Denizli.
4 DIFFERENT PAYMENT OPTIONS
Erdem provided the following information about the details of the campaign, which includes 4 different payment conditions for citizens to become homeowners without a bank or guarantor:
"In the first condition, we provide a 25% discount for cash purchases. In the second condition, there are interim payments in the 6th, 12th, and 24th months with a 25% down payment and interest-free installment sales. In the third condition, we offer the opportunity to pay half of the amount in cash and the remaining half with a 1.29% interest rate after 24 months. In the fourth and final condition, there will be a 25% down payment and fixed increasing installment options for 72 months with a 1.29% interest rate. All citizens who are interested in our campaign and want to become homeowners and make a secure investment in their future can obtain detailed information from our website, call center, or visit our sales offices."
Erdem emphasized that they believe this campaign, which offers new purchasing opportunities, will be welcomed by citizens and will bring new dynamism to the sector.
"WE EXPECT TO SELL AROUND 2,000 HOUSING UNITS"
Cengiz Erdem stated that they aim to sell around 2,000 housing units within the scope of the campaign that started today. Erdem stated that the campaign has no time limit and will end when they reach the sales target, and informed that citizens can obtain detailed information from the sales offices.
Erdem also mentioned that other projects can be included in the campaign during the process and explained that they will make housing affordable thanks to the interest rates they offer within the campaign.
PROJECTS INCLUDED IN THE CAMPAIGN
The campaign will be valid for 16 projects located in Istanbul, Izmir, Balikesir, and Denizli.
The projects included in the campaign are Batıyakası, Çınarköy Evleri, Düşler Vadisi, Ebruli Kayaşehir, Vadi Evleri-1, Vadi Evleri-2, Tual Gölyaka, Meydan Başakşehir, Majör Gölyaka, Gölyaka İstanbul, and Yeni Fikirtepe in Istanbul, Allsancak and Evora İzmir in Izmir, Evora Denizli in Denizli, Balıkesir Emlak Konutları in Balikesir, and Park Yaşam Antalya in Antalya.