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Mortgages on Turkish Property

UK and Irish Citizens:

Loan value: 80% based on property valuation or purchase price, whichever is lower;
Limits: EUR40,000 to EUR200,000;
Term: Maximum of 20 years;
Rates: as of 15th August 2006 - from 5.9%;
Additional: Fixed rate periods are available for 1,3 or 5 years. An additional rate of 0.5% is payable if the property is rented.

Dutch, German and Belgian citizens:

Maximum loan is 80 % of the appraised auction value;
Minimum loan is EUR25.000, maximum loan is EUR200.000, (by mutual agreement is a higher loan possible);
Fixed interest period for 1, 3 and 5 years
Length of the loan with a minimum of 5 years
Length of the loan with a maximum of 15 years

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