Mortgages in Turkey for Foreign Property Buyers
You found your dream property in Alanya and need a convenient financing? In Turkey you have the possibility to finance a Turkey property via a Turkish bank.
Alanya Property Sales can help you to arrange a mortgage for your Turkish property at the best conditions. We cooperate with a number of Turkish banks and can help you to give an optimal financing offer.
Generally 50 % of the by the expert estimated value of the property can be financed up to 10 years.
Here a non binding financing example of Kuveyt Türk Bank:
Value of the experts 60.000 EUR
50 % financing 30.000 EUR
Interests 8,4 % eff . APR
Monthly rate 370,35 EUR
Repayment 44.442,87 EUR
Please contact us for current rates!
The following documents are generally required for financing of Turkey Real Estate:
Copy of Tapu
Turkish tax number
Copy of passport
Confirmation of General Credit Protection Agency
Confirmation of income the last 3 months
Bank monthly statements for the last 3 months
Confirmation of your current home address
The charges for a financing of a Turkey property are as follows:
• Fees approx. 1500 €
• Bank commission of 1 % of the loan