Property in Turkey under the responsibility of the State
The Turkish Republic is planning to create a new system of guarantees to buyers of real estate under construction. This system will operate under the full control of the state and to ensure buyers completion of construction and commissioning of the acquired objects. Moreover, investors in real estate will be able to get mortgage loans at minimal interest. It is expected that large and medium-sized Turkish developers will work with this system to increase sales at the expense of additional guarantees and low interest rates.