I was passed some interesting statistics today from The Association of Real Estate Companies (GYODER).
This contained information about mortgage figures for home owners stating that 80-90% of the properties bought in Northern Europe are financed with mortgages.
The figure in Turkey is closer to 5%, understandable as home finance has only been made available there in the last one and a half years.
The following banks have moved into Turkey in the last 3 years, obviously looking to benefit from this "virgin" marketplace.
- ING Bank from Holland (took over Oyak Bank in Turkey)
- Fortis Bank from Belgium
- Dexia Bank from Belgium (took over DenizBank in Turkey)
- BNP Paribas from France (took over TEB Bank in Turkey)
My company has sourced some outstanding property in turkey offering affordability in excellent locations.
We offer turkey properties for sale in a variety of area including PriceWaterhouseCoopers 2nd favourite investment location, namely Istanbul.
This contained information about mortgage figures for home owners stating that 80-90% of the properties bought in Northern Europe are financed with mortgages.
The figure in Turkey is closer to 5%, understandable as home finance has only been made available there in the last one and a half years.
The following banks have moved into Turkey in the last 3 years, obviously looking to benefit from this "virgin" marketplace.
- ING Bank from Holland (took over Oyak Bank in Turkey)
- Fortis Bank from Belgium
- Dexia Bank from Belgium (took over DenizBank in Turkey)
- BNP Paribas from France (took over TEB Bank in Turkey)
My company has sourced some outstanding property in turkey offering affordability in excellent locations.
We offer turkey properties for sale in a variety of area including PriceWaterhouseCoopers 2nd favourite investment location, namely Istanbul.
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