The financing possibilities for houses in Turkey deviate slightly from the standard norms and conditions in the Netherlands. Both new built and existing construction are financed. Characteristics and conditions; Depending of the money supplier financing by a Turkish mortgage is possible up to a maximum of 65% of the evaluated value of the house;
Only houses and apartments can be financed;
There is a minimum mortgage amount of € 30,000, -;
Interest-fixed periods from 1 till 20 years are possible;
Depending of the money supplier durations up to maximum 20 years can be applied;
Generally speaking Turkish banks are offering mortgages in which your monthly costs will always remain the same and your mortgage will be paid off during the agreed period, everything is transparent so you will always know what your costs will be.
When purchasing a house in Turkey it is obliged to hire a lawyer. MASTER Real Estate works with several reliable and solid law offices. They take care of the research on the house and ensure accompaniment during the settlement of purchase. For the mortgages MASTER Real Estate has an agreement with Denizbank which gives us the possibility to offer you attractive conditions. We gladly introduce you at Denizbank.