After many months of delay non nationals wishing to purchase a holiday home in Turkey are now able subject to approval to raise funds through a mortgage for the 1st time.
Purchasers from The United Kingdom, Ireland, Germany and Holland have been increasingly choosing the stunning Turquoise coast and beautiful countryside of Turkey as their preferred location to purchase a holiday home for themselves and their families.
It is estimated that in excess of 21000 properties have been sold within the past 2 years in the Aegean coastal areas of Fethiye, Bodrum, Didim and Altinkum.
The schemes will be repayment mortgages set over a maximum of 20 years term and will offer a range of fixed rate periods of 2/3 and 5 years at competitive rates.
Many of the regions airports have been fully updated and the infrastructure and roads have been dramatically improved.
Turkey is also in talks to join the European Union.
Now that overseas mortgage is available in Turkey this trend is likely to continue for the very foreseeable future and may explain why many property investors are as keen on Turkish property as those simply looking for a great holiday home.
For details of the mortgage available and a superb selection of property in Turkey’s most popular resorts and regions starting from as low as £18,000 simply visit.