Mortgages in Turkey
07/02/2008 |
Fixed rates for up to 20 years
With the continued growth in the market for overseas buyers looking for property in Turkey the introduction of mortgages for buyers from abroad will only further fuel the demand. Residents of over 80 countries including Britain, Ireland, Belgium, Holland and Germany can now obtain a mortgage and secure it against a property in Turkey. This will reduce the fear of having to re-mortgage the family home in their own country. The mortgages are arranged through Istanbul Mortgages and are available in Euros. The term is anything from 5-20 years and the mortgage rate is currently fixed at 6.9% for the WHOLE term of the loan.
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