Turkish Developers Offer Interest-Free, Bankless Home Financing Models

DAP Gayrimenkul Development launched an interest‑free, guarantor‑free financing plan for its Ataşehir 173 project in Istanbul. Buyers can secure a home with a minimum 40 % down payment, after which the remaining balance is split into two equal parts: 50 % paid over 30 months and the other 50 % over a subsequent 60 months. The scheme is provided through the Emlak Katılım Tasarruf Finansman Company and is presented as the first self‑paying home model in the developer’s portfolio.

Sevart İnşaat introduced a bank‑less payment option for residential and commercial units in Bursa. The program offers a spread starting at 0.43 % and down‑payment options from 25 %, with repayment terms extending up to 60 months. The company says the model eases financing difficulties for investors amid rising credit costs, aiming to increase home ownership under favorable conditions.