Meridien Nova Payment Plan: How to Read "Half Down, 15 Months Interest-Free"

Meridien Nova is a large mixed residential and office project of eight blocks in Muratpaşa's Yüksekalan district. In this project by Uğurcan İnşaat the payment plan is summarised as follows: half the price down, the rest in 15 monthly instalments with no maturity difference. How should you read this sentence as a buyer?

Project summary

• Location: Yüksekalan, Muratpaşa.
• Structure: 8 blocks, a landscaped courtyard with a pool, covered parking.
• Units: 1+1, 2+1, 3+1 and 4+2 duplexes; 46–199 m² gross.
• Stock: 136 of 268 units available (October 2026).
• Starting price: 6.25 million ₺ (≈ $127,000), according to the September 2026 price list; the exact price is confirmed unit by unit.
• Service fee: The project page states that no commission is charged to the buyer.
• Citizenship: Some units exceed the $400,000 threshold and may be eligible for citizenship.

Breaking down the payment plan

Half down. This means paying 50% of the price at the contract and title deed stage. For example, a 6.5 million ₺ unit needs about 3.25 million ₺ down. Get in writing at which stage and on what timetable the down payment is paid.

The remaining 15 months, no maturity difference. Maturity difference means the interest added to the price because of instalments. "No maturity difference" means the instalment price is the same as the cash price. Read this clearly in the contract: does the total of the instalments match the unit price one to one?

Currency. If the price is in ₺, the instalments stay fixed; but the conversion changes according to your dollar or euro account. If you will pay in foreign currency, have the rate to be used written down.

Clauses to look for in the contract

1. Delivery date and delay penalty.
2. Payment schedule. The date and amount of each instalment.
3. Instalment default. What happens if you delay an instalment?
4. Title deed transfer. When is the title deed transferred? When half the payment is made, or when all of it is?
5. Price fixity. Is it written that the price in the contract will not change until delivery?
6. Scope of delivery. Kitchen, air conditioning, white goods, parking.
7. Right of withdrawal. Withdrawal conditions and refund.

We recommend a lawyer's review before the sales contract; we work together with your lawyer.

What can change?

Payment plans are offered as campaigns and may change over time. This article reflects the current information on our site; get the conditions valid for the unit confirmed in writing by the sales team. Our off-plan guide is also useful for the general framework.

Yüksekalan and surroundings

Yüksekalan is a central neighbourhood in Muratpaşa. To get to know the area, see our Yüksekalan guide.

If you are thinking about citizenship

For citizenship the home's price must be above the threshold and verified by a valuation report. With instalment payments, the timing of the title deed transfer also matters. Our citizenship guide and our $400,000 threshold article will guide you on this.

Sources: tkgm.gov.tr · goc.gov.tr