GETTING A MORTGAGE TO BUY AN APARTMENT

Yekta Homes will help you get a mortgage to buy an apartment in Turkey. This will be a great solution for those who is thinking of buying a property in Turkey but does not have enough money. Our experts will help you choose the best mortgage deal from Turkish bank offers and ensure you the best mortgage conditions. Getting mortgage to buy a property in Turkey is easy with Yekta Homes!

Benefits of buying an apartment in Turkey using a mortgage

Today a lot of foreigners get a mortgage to buy a property in Turkey. A mortgage in Turkey has a lot of benefits:

• Simple procedure and high rate of mortgage approvals for foreigners;
• Affordable property prices;
• Turkish real estate is a great way to save tour money and even increase your income. Even if you buy an apartment using a mortgage;
• Simple procedure, especially with support of Yekta Homes team.

All these benefits make a mortgage in Turkey a great opportunity to buy a property at the seaside without spending a fortune.

Mortgage terms and conditions for foreigners

Foreigners can get a mortgage under the same conditions as Turkish citizens. However, banks have a right to add their own requirements. General conditions are:

• Average interest rate from 11% to 12% per annum;
• Loan period from 5 to 20 years;
• The size of the down payment is 60% of the property's price and more.

Every bank may have its own additional conditions for foreigners. Some banks give mortgages only for already built properties and other banks - when at least 75% of a property is ready and etc.