There is no impediment or legal impediment to prevent a foreigner from obtaining a mortgage, but there are some conditions to be followed There are two methods in Turkey:

Payment Plan from Construction Company

If you want to buy an apartment with credit from construction companies in Turkey

The payment plan is as follows;

– Down-payment (Determined by construction company)
– The remaining amount can be issued in installments

– You can apply for an installment if your age is between 25-70.
– You can buy property with installments from construction companies with currencies like: Turkish Lira, Euro and Dollar.
– Payment terms vary between 1 to 5 years.

Bank Loan from Turkish Banks

You need to collect the documents shown below for the bank loan from Turkish banks application:
– Document for address verification (Residence Permit)

– Photocopy of the title deed of the house to be purchased

– Tax ID (You can obtain this document from the tax office.)

– Certificate of salary with apostille (must be translated into Turkish or English by a sworn translation office with apostil approval)
– Passport

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