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Financing Your Home Purchase: Mortgage Options in Turkey

Worried about funding your dream property in Istanbul? This blog outline explains that local banks do offer mortgages to foreign buyers, often with competitive terms, making property ownership more accessible. Readers learn about typical loan-to-value ratios and documentation needed (such as proof of income and a property appraisal), demystifying the application process. The summary also touches on interest rates and the benefit of locking in a mortgage in Turkish lira for potentially significant savings if the currency fluctuates. By presenting a legally accurate yet encouraging overview of financing, the piece helps investors explore mortgage options confidently, so they don’t miss out on great opportunities.

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