If you have a credit history and proof of income, you can use financing to help you buy real estate in Turkey.
The following is a five-step plan to raise funds for Turkish real estate:
Turkish real estate loans are denominated in Turkish lira and the euro. From February 2013, the annual interest rate of the Turkish lira mortgage is currently 9% per year, and the yearly interest rate calculated in Euros is 4.5%.
The maximum loan amount for evaluating Turkish houses is 70%, which means that a minimum deposit of 30% must be provided.
If you are concerned about buying real estate in Turkey, please feel free to contact us to find out if you want to obtain a mortgage in Turkey.
Our experienced professional team will provide you with the latest mortgage interest rates and standards to help you.
Watch and learn what to look for when buying a property in Istanbul, Bodrum, Turkey, London. Should you consider an expensive or cost effective Residence, office, villa. What about Social facilities, should you even consider them?