Can foreigners use a mortgage loan?

Foreign nationals can buy property in Turkey are changing Article 35 of the Land Registry Law. Foreigners are required to comply with certain legal restrictions in the real estate purchase process .

Foreign albeit in a different city person does not exceed the total area of ​​30 hectares of real estate can be bought in Turkey. Foreigners with the requirement to comply with these restrictions can be homeowners from Turkey.

So, can foreigners use a mortgage loan in the house buying process?

Some banks can give housing loans to foreigners. Foreign housing loan conditions can vary from bank to bank.

Foreign nationals from banks in Turkey of credit are required for them to:

– Deed of the real estate to be purchased,

-Person’s passport copy,

– The printout of invoices (water, electricity) showing the address of the country of residence.

signed from where he runs payroll outside -Yurt last 3 months. (This does not apply to people living in Turkey)

– Bank receipts showing bank account transactions of previous periods abroad

– A copy of the real estate or documents proving their values, if any.