EUR
enTurkey has introduced a program of preferential mortgage lending for citizens
October 24, 2023
Within the framework of Turkey's medium-term program, the government announced a program of preferential mortgage lending for citizens who are first-time buyers of real estate. The interest rate on the loan, which is planned to be provided for up to 15 years, will be 1.20% per month. The loan can be used by citizens who do not previously own real estate or shares of real estate more than 50%. Real estate can be purchased in the province in which the citizen was registered during the last year.
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