Currently we can arrange mortgages in Istanbul and on the Turkish Riviera
In Turkey the land registry is efficient and reliable. The title deed to the property is an undisputable proof of ownership. This document is known as the TAPU.
Before buying a property in Turkey you have to ensure that the property is not located in a military area or a place of historical importance. Foreigners are not allowed to own more than 2.5 hectares of land.
The Process
- If you are purchasing with a mortgage get pre approved, by contacting us we can pre approve your mortgage and tell you the amount you are able to borrow
- Find Your property
- Appoint a Turkish Solicitor - all documents relating to the purchase will be in Turkish we will be happy to provide details of English speaking Turkish lawyers
- Obtain your Tax ID - this is mandatory in Turkey and will be required to open a bank account connect utilities
- Obtain Military Zoning permission from the land registry – this can take up to 8 weeks to organise and confirms that the property is not located in a Turkish Military zone
- Apply for your mortgage if required
Mortgages in Turkey:
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- 70% max LTV
- Available in Euros only
- Fixed and Variable rates available
- Mortgage term 7 – 20 years
- Min Loan €50,000
- Repayment only
- Purchase and equity release
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