Turkish President Recep Tayyip Erdogan announced that he will start work on a huge residential project to build 50 thousand apartments for sale to Turkish citizens in the long term (installment) up to 20 years and a monthly starting from 388 Turkish liras ($ 70).
Erdogan said this in an election speech in Kassem Pasha region
In Istanbul on Sunday
Erdogan said that citizens wishing to own the house can register through private banks for this project, adding that the design of these houses will take
Horizontal character. According to the Turkish newspaper "Yeni Safak".
Erdogan stressed that this project will be a substitute for rent so that the landlord ends up owning the apartment he is living in. Projects aimed at middle and low income earners.
The methods of installment payments will vary according to size. Low income earners will pay 388 lira for 20 years, while middle income earners will pay 759 liras for 15 years.
Source: aljazeera.net
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