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Mortgage loans in Turkey
If you are dreaming about having holidays in your own apartment or a villa in sunny Turkey and cannot afford it, then there is a way for you – just get a mortgage from a Turkish bank and make your dream come true. Here we offer your detailed information on how to do it. Mortgage in Turkey Since 2007 the Turkish banks offer mortgage services... Read more
Are you thinking about getting a loan on buying property abroad, but don't know how to go with it? Here, we offer you the information on the most common mortgage options for buying property overseas. You can get a mortgage to buy a house abroad in any UK bank which provides international mortgage services. And you can also get a loan in the local... Read more
Since 2007, foreign nationals purchasing property in Turkey can get a loan in a Turkish Bank. This became possible due to ‘the Law on giving a property mortgage to foreigners’ dated 06.03.2007. The loan procedure is simple. However, you should be aware that, in addition to the law, banks have their internal rules and procedures, so the... Read more
How to get a mortgage in Turkey? What are the conditions for obtaining a mortgage in Turkey for foreigners?
Required documents: passport, with a certified translation; a copy of the seller’s TAPU on the real property; tax number; a copy of the registration certificate of the building, confirming that there is indeed a building suitable for living. This document is taken from the developer; an income statement from work (in the free form),... Read more
Of course they can. With a new mortgage law of 06.03.2007 foreigners got the right to obtain mortgage loans. Mortgage is a legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan. The lender's security interest is recorded in the register... Read more