|
Turkey is about to offer mortgage options to foreigners. But in the meantime investors regard the country as a thriving and accessible property market with great potential for high returns on investment.
The Turkish property market is becoming even more obtainable for foreign buyers with the imminent introduction of Turkish mortgage options. Property purchasers traditionally arrange funding in their country of residence but there has been some recent movement on the Turkish mortgage front which means that in the very near future it will be possible for Turkish residents to obtain mortgages. This is also expected to include non-residents within six months.
Clients who want to take advantage of the excellent early opportunities might also consider raising funds by re-mortgaging their existing property; use of their personal funds or arranging a personal loan.
As soon as the Turkish mortgage system is in place it will doubtless enhance the country's already strong position on the property investment map. This will in turn boost the flourishing tourist economy and inevitably push up property prices. |
