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TOKİ open sales for lottery-free homes continue until July 2026

TOKİ open sales for lottery-free homes continue until July 2026

From Cumhuriyet · () Turkish

Translated from Turkish, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Turkey's housing authority TOKİ is offering homes without a lottery draw through its open sales campaign.
  • Applications for these homes are open until July 17, 2026.
  • Buyers must be Turkish citizens over 18, not own property, and meet other criteria; payment plans include options with discounts and installments.

Turkey's Housing Development Administration (TOKİ) is offering a unique opportunity for citizens to purchase homes without undergoing a lottery draw. The ongoing open sales campaign features completed and under-construction projects, with properties available on a first-come, first-served basis.

Applications for these lottery-free homes will be accepted until July 17, 2026. Interested buyers can apply by visiting the branches of the contracted bank for the relevant project after selecting their desired property. This initiative aims to simplify the home-buying process for many.

To be eligible, applicants must be Turkish citizens aged 18 or older. They, their spouses, and children under their guardianship must not own any property, and they should not have previously purchased a home from TOKİ. The campaign limits purchases to one home per household, defined as the individual and their spouse.

TOKİ has outlined flexible payment plans for the campaign, which spans 64 provinces. Home prices start at 2.1 million Turkish lira, with monthly installments beginning at 18,000 lira. Buyers can opt for a 25% discount for full upfront payment, an 8% discount for a 50% down payment with 72-month installments, or a 25% down payment with the remaining 25% paid a year later over 60 months without a discount. Homes under construction are expected to be delivered within 48 months of the contract date.

DistantNews Editorial

Originally published by Cumhuriyet in Turkish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.