Investment financing in Turkey |
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Investment financing in TurkeyOne of the concerns of property investors considering Turkey has recently been abated by the implementation of mortgage options which allow Turkish residents to take out mortgages, thus stimulating the demand from local inhabitants and estimates are that mortgages will be available to foreign nationals looking to invest in Turkish real estate by the end of 2007.![]() However it is not essential for investors to rely on the Turkish mortgage sector, as some investors are arranging personal loans to cover the cost of the property, others are releasing equity on property in other countries or resorting to personal funds. Once the mortgage situation is clarified, another jump in demand and therefore property value is to be expected, adding another boost to the country’s already growing economy. |
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