Owning a home in Addis Ababa has become more achievable than ever thanks to flexible installment plans offered by developers such as Temer Properties. For many buyers both local and diaspora installments provide a practical path to homeownership without the burden of large upfront costs.
Understanding how installment-based purchasing works, what documents are required, and what to expect during the process is essential before making a commitment. This guide outlines the fundamentals of installment payments and explains how Temer Properties has simplified the process with transparent, buyer-friendly options.
1. What Is an Installment Plan When Buying an Apartment?
An installment plan allows buyers to pay for their apartment gradually, instead of settling the full price upfront. Typically, this involves:
- An initial down payment of 10% to 30% to secure the unit.
- A scheduled installment planwhich may be monthly, quarterly, or tied to construction milestones.
- A final payment that often aligns with property handover or title registration.
Temer Properties adapts these plans based on project timelines and client financial preferences, ensuring flexibility for a wide range of buyers.
2. What Makes Temer Properties’ Installment Plan Different?
Temer Properties has structured its installment options with the needs of both local and diaspora buyers in mind. The company distinguishes itself in several ways:
- Low entry point: Down payments start at just 10%, depending on the project stage, allowing buyers to secure units early.
- Zero interest: All installment plans are interest-free buyers pay only for the property itself.
- Customizable schedules: Clients may choose one-time, monthly, quarterly, or construction milestone-based payments.
- No bank involvement: Purchases do not require mortgages or bank approvals, removing delays and third-party obstacles.
- Legal clarity: All agreements are secure, legally vetted, and written in simple, transparent terms.
3. How the Process Works
Once a buyer selects a unit in one of Temer Properties’ developments such as the new projects in Garment, SARBET, Ayat or Piyassa the process is straightforward:
- Choose a unit with guidance from the sales team.
- Make an initial down payment, usually between 10% and 30%.
- Sign a sales agreement that includes a clear, customized payment schedule.
- Begin payments (monthly or milestone-based) as construction progresses.
- Receive the property upon completion.
Throughout the construction process , Temer Properties provides continuous updates on their official YouTube Channel and their official website(https://temerproperties.com/construction-update) so buyers are fully informed about the progress of their investment.
4. What Buyers Value Most
Many customers highlight the advantages of installment-based purchasing with Temer Properties:
- Easier budgeting: Payments are spread out rather than made all at once.
- No need for large loans: Buyers avoid complicated bank mortgages.
- Early unit reservation: Units can be secured at today’s prices while construction is still underway.
- Flexibility for diaspora buyers: Payment options allow those living abroad to plan with less financial strain.
Temer Properties has built a reputation for combining flexibility, quality, and trust in the Ethiopian real estate market. By offering installment plans with low down payments, zero interest, and customizable schedulesthe company opens the door to homeownership for more buyers both within Ethiopia and abroad.
Beyond financial accessibility, Temer’s projects are strategically located in high-demand neighborhoods, backed by a proven record of on-time delivery and transparent communication. For anyone considering buying an apartment in Addis Ababa through installments, Temer Properties represents one of the most reliable and client-focused options available today.
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