Getting a mortgage in Turkey
Foreign citizens can get help with financing through a number of Turkish banks. Most banks offer mortgages up to 50% of the property value, and some also offer loans in dollars, euros or pounds for buyers who wish.
The term of the mortgage is a maximum of ten years. Some banks also offer construction loans to buyers whose homes are still under construction, but then a guarantee from the construction company is normally required.
How does it happen ?
1. Choose your dream property from Future Homes. You can take a look at our properties here on the website, or you can contact us and get help from our local experts who know the area you are interested in.
2.After agreeing to the terms of sale, you can submit copies of them
the necessary documents which are as follows:
- ID (Valid passport)
- Tax number *(You can read more about how to get a tax ID number further down the page)
- Address certificate
- Salary Specification (Recently Issued)
3. We make an application for your mortgage. You will be notified if your application is approved within 24 hours.
Future Homes cooperates with some banks in Turkey, which through our good relations can offer you very favorable conditions.
*Obtaining a tax ID number is a relatively simple procedure. You need to visit a local tax office on site and apply for a tax ID number. The only documents you need for this are your passport and a passport copy. Registration is free and means you can also open a bank account in Turkey.
