The Housing Development Administration of Turkey (TOKİ) has begun selling affordable housing units across several cities, including Istanbul, Izmir, Bursa, Ankara, and Çankırı. These sales, designed to help citizens with low incomes, provide opportunities for homeownership through favorable payment plans, primarily with a 120-month installment option.
Affordable Housing for All: A Step Toward Homeownership
TOKİ’s affordable housing sales are a key part of the government’s efforts to make homeownership more accessible to a larger portion of the population. The 120-month installment plan makes these properties a viable option for many families, especially in larger cities where real estate prices have soared in recent years. This initiative is an important part of Turkey’s efforts to address the country’s housing needs and provide financial support for middle and low-income citizens.
The range of properties offered includes 2+1 and 3+1 apartments, and they are built with modern designs and functional layouts, aiming to cater to the diverse needs of potential homeowners. TOKİ’s transparent application process and the option to participate in a lottery system ensure that the allocation of homes is fair and accessible.
Çankırı’s Affordable Housing Opportunity
One of the most anticipated TOKİ projects is in Çankırı, where 211 housing units will be up for sale. This includes 195 two-bedroom (2+1) apartments and 16 three-bedroom (3+1) apartments, located in the 3rd and 4th phases of the Kurşunlu project. The application period for this project runs from April 7, 2025, to April 18, 2025. The homes will be allocated through a lottery system, providing equal opportunities for all applicants.
How to Apply for TOKİ Housing
Applications for these homes can be submitted at Ziraat Bank branches across the country. The use of a lottery system ensures fairness and eliminates concerns about favoritism or bias, making it a highly anticipated event for many prospective homeowners. The affordable payment options and long-term repayment periods have made these properties a top choice for many families who might not otherwise have been able to afford a home in today’s housing market.
A Step in the Right Direction
As housing prices continue to rise in Turkey, TOKİ’s initiative offers a much-needed solution for families who might be struggling to secure a home. The long repayment periods and low down payments make these homes accessible to a much broader segment of the population, which is a positive development.
However, as always, the demand for such projects is expected to be high, and the competition for available homes could be tough. Nevertheless, this initiative shows that there are steps being taken to address the housing crisis in Turkey and offer more affordable options to citizens.
For more information on the TOKİ housing sales and how to apply, visit Newstime Turkey
Source: www.ankarahaberler.com
