Credit size

50-60% of estimated cost (not always corresponding to market price)

Limit of monthly payment

Maximum 50% of the monthly income

Income assessment

Income received over last two months, including pension

Maximum sum

Unlimited

Minimum sum

Unlimited

Nationality

Citizens of all countries have the right of purchase of real estate

Length of credit

5-20 years ( if not a Turkish  citizen maximum 10 years)

Credit in Turkish Lira

Yes

Credit in Euro

Yes

Credit in USD

Yes

Credit in GBP

Yes

Purpose of credit

Final / mortgage

Early repayment

Possible (2% penalty commission charges)

Property assessment

At bank’s discretion

Age of the borrower

25-70

Maximum age of the borrower

70

DASK (insurance for natural disasters)

Registration through crediting bank

Monthly repayment

Automatic payment from the bank account / or cash 

Income  certificate ( if you are working in a workplace or institution. Salary letter.if you are a bussines owner,your income document)

Bank account breakdown( if you have money in your account or money income outgoing document)

Passport copy

Earthquake insurance yearly costs between 25-50€ mandatory at first purchase

Official documents(eg electricity bill or water,natural gass bill) that work at home or home address in your home country

Tax number will be taken from Turkey (our company can help)

Title deed copy (orginal or copy you can receive from your real estate)

All documents should be officially translated into the Turkish language.

After collecting all documents, you obtain the credit and you can purchase real estate.