REAL ESTATE

REAL ESTATE

Buying a home is one of the most important investments that you will make in life! Evaluating the financing options that suit you can seem complex, deciding whether to use a mortgage, choosing the right mortgage product and then the payment plan that will suit your objectives, needs and budget are as important as finding the right property. Don’t worry too much! We are here to help.

Generic Features:

• May be taken out in TL or as indexed to foreign currency (USD/EUR/GBP).
• The maximum term for the loan is 120 months (10 years)
• The maximum loan amount is TL 500.000 or foreign currency equivalent.
• EU residents, Switzerland and Norway are eligible for a loan to value of 65% of the property. For other nationals, the loan ratio is 50%.

  Required documents (Notarised Turkish translation where required)

  1. Tax Identity Number (to be delivered by the local tax office in Turkey).
  2. Property Appraisal Report from the bank. Raised in underwriting process.
  3. Copy of passport or certificate of residency.
  4. Proof of Income, bank account/credit card statements, for last 3 months.
  5. Certificate from the credit record office of customer's own country
  6. Proof of Address in your country of residence, from a relevant authority. A copy of a utility bill or similar displaying address of residency or photocopy.