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01.04.06According to the law on property purchase by foreigners in Turkey enacted in January 2006 specific foreign nationals are now able to acquire real estate in Turkey and as a result of this move the mortgage market has reacted by opening up slowly to this new found market.
The market is new and untested and will take a considerable time from application to formal mortgage offer.
Mortgages are available in Turkey for English, Irish German and Dutch Nationals only and cover the following regions:- Turkish Riviera includes for example: Akbuk, Alanya, Antalya, Ayvalik, Balikesir, Belek, Bodrum, Cannakkale, Datca, Didim, Fethiye, Izmir, Kalkan, Kusadasi, Mahmutiar, Mersin, Mugia & Turgutreis. |
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