Mortgages in Turkey Are on The Horizon for Foreigners
Tuesday, May 29th, 2007Real estate demand from Britons and the Scandinavian countries has led to Turkish banks preparing a special mortgage product for them.
The announcement for the mortgage laws have not been made yet but Turkish banks, such as Garanti Bank, Is Bank, Akbank and Finanabank have taken action to offer new products to sell real estate to foreigners.
Banks are working carefully on their new projects for foreingners, since mortgages is a new and risky business. In this competition, demand from Holland, Demark, Germany, England and Skandinavian countries for real estate in Turkey played a crucial role.



















