Home
Search
Archive
Economy News Comment of the day Media Digest Public Agenda Politics Regional Review About us

26.07.10 12:06
Increasing number of Turkmen citizens build houses using long-term soft loans
The number of Turkmen citizens who wished to build houses using long-term soft loans has sharply increased in recent time. This was reported Vice-Premier Tuvakmamed Japarov at a regular meeting of the Cabinet of Ministers.

It should be recalled that citizens of Turkmenistan are provided with free land for private ownership from a special fund of land for construction of individual houses along with an official property act. Individuals may receive preferential mortgages for 30 years with an annual interest rate of 1 per cent for house construction or purchase of apartments in the new low-rise residential buildings in rural areas.

 |   |  Print version
© TURKMENISTAN.RU, 2010

Design by Integrum-Techno(WeEn) Copyright©2000-2017 Turkmenistan.ru info@turkmenistan.ru