What is a developer payment plan?
A developer payment plan lets you pay for an apartment in instalments directly to the developer, not through a bank. At Qusar Residence these are 0% interest instalments: over 36 months the total you pay equals the price of the apartment, with no interest or hidden commission added.
- Down payment: minimum 30% (more if you wish — for example, 50%).
- Interest: 0%.
- Term: 12, 24 or 36 months.
- Bank: not required.
How is the monthly payment calculated?
Monthly payment = (price − down payment) ÷ number of months. Example: an apartment priced at 200,000 AZN, a 30% down payment (60,000 AZN) and a remaining balance of 140,000 AZN:
| Term | Monthly payment |
|---|---|
| 12 months | ≈ 11,667 AZN |
| 24 months | ≈ 5,833 AZN |
| 36 months | ≈ 3,889 AZN |
No interest is charged, so a longer term only lowers the monthly amount — the total cost stays the same.
Who is it for?
- buyers who would rather not deal with a bank loan or a mortgage;
- families who want to spread the price of an apartment over 3 years;
- people living in Baku who want a second home in Qusar (Gusar), 20 minutes from Shahdag.
Step by step
- Choose a floor plan and work out the monthly payment in the calculator.
- Book a viewing — see the apartment and the view in person.
- Agree the down payment and the term with a sales manager.
- The final terms are confirmed in the sale and purchase agreement.
- Pay monthly at 0% interest until the balance is cleared.
For questions about mortgages, bank loans or state programmes, our sales team can give you an accurate answer: +994 50 700 80 80.