Financing the purchase of property in Turkey
Mortgages of up to 75% of valuation are available to foreign nationals buying in Turkey. Maximum loan terms are up to 25 years, interest rates are between 6 and 8% and maximum age on completion of the mortgage repayment is 75.
The mortgage market in Turkey is very new and is changing rapidly with more and more new products becoming available. We work with a panel of selected lenders and brokers to ensure we always have access to the most competitive products and we will be happy to introduce you to their independent services as necessary.
More property for your £ in Turkey
British citizens can pay for property in Turkey in £ Sterling making, at the time of going to press, already very attractive property prices even more appealing when compared to countries in the Eurozone for example.
At the time of going to press, Sterling's weakness against the Euro has made property prices in many Mediterranean countries much more expensive for the British buyer. This is not the case in Turkey where the £ is relatively stronger against the local currency and makes comparative property prices even more attractive.
Prices of all properties offered by Turkey Property UK are shown in £ Sterling and transactions take place in the currency.
If you think you may need a mortgage, it is sensible to start the process before you go out to Turkey to view so that you know where you stand and exactly what you are able to afford. Contact Us for more details
2 Bed
2 Bed
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