40โ55%
lira loan rate
tracks the ~38% policy rate
30โ50%
down payment
required minimum
50โ70%
LTV
loan share of value
10โ20
year term
depending on the bank
Mortgage vs Installments vs Cash
๐ฆ Lira mortgage
lien on the tapu, narrow cases
~40โ55%
๐งฑ Developer installments
new-builds, 12โ36 months
0% or low
๐ต Cash (transfer from abroad)
how most foreigners pay
cheapest
Worth Knowing
โ
Installments and cash usually win: a lira loan at 43% turns $100k into ~$480k over 10 years
โ
A pledged property does not qualify for the citizenship or permit thresholds, met with own funds