Turkey is considered one of the most attractive real estate destinations in the world, as it combines its privileged geographical location, rich history, and thriving economy. If you are considering a real estate investment in Turkey , you have an exciting opportunity to take advantage of the advantages of this dynamic market, and our article will provide you with comprehensive information about real estate in Turkey and everything related to it. We will review the types of real estate available and the necessary documents when buying a property on the territory of the Republic of Turkey, so continue reading to learn more details and information.
Types of real estate in Turkey
- Apartments: These include city apartments, resort apartments, investment apartments, luxury apartments, penthouses, duplexes, triplexes, hotel apartments, and studio apartments.
- Villas: ranging from standalone villas separated from neighbors to group villas within gated communities.
- Hotels and tourist resorts: Hotels and resorts can be purchased and invested in in Turkey.
- Chalets: They are usually located in charming mountainous areas and are a popular choice for investors looking for homes that suit rural lifestyles.
- Shops: Shops and offices are available for sale in commercial centers and urban neighborhoods.
- Commercial real estate includes commercial complexes, offices, warehouses, and factories.
- Agricultural real estate includes agricultural lands, farms, and rural homes.
- Historic Real Estate: Includes historic homes and palaces and buildings of cultural value.
- Industrial real estate includes factories, warehouses, and industrial facilities.
Benefits of buying real estate in Turkey
- Turkey is one of the fastest growing economies in the world and provides a thriving investment environment and developed infrastructure and economic stability to attract investors.
- You can find a wide range of properties in Turkey, ranging from city apartments to luxury villas, tourist resorts, commercial real estate, and farmland.
- Turkey adopts an open investment policy that allows foreign investors to buy and own real estate completely, and there are simple laws and procedures that facilitate the process for foreign investors.
- In Turkey, there are many opportunities for profitable financial return on real estate, whether through residential leasing, tourist leasing, or increasing the value of the property in the long term.
- Foreign investors can obtain Turkish citizenship by purchasing a property of a certain value, and this provides additional benefits such as free travel and access to social and health services.
- Turkey has a rich and diverse cultural heritage and a long history. in addition to a comfortable lifestyle and coexistence with a diverse society, you can enjoy stunning landscapes.
- The possibility of obtaining real estate residency by purchasing a property in Turkey with a value of $75,000.
- Obtaining a Turkish passport after being granted Turkish citizenship and enjoying the freedom to travel and enter more than 100 countries without needing a visa.
- Benefit from the tax incentives granted by the Turkish government to those wishing to own real estate in Turkey .
Conditions for owning real estate in Turkey
- Foreigners are not allowed to own properties exceeding 30 hectares in Turkey.
- Foreigners are not allowed to buy real estate that represents more than 10% of the area of the administrative region.
- Foreigners are not allowed to buy real estate in areas adjacent to military installations or security areas without obtaining security approval.
- If you belong to one of the countries that prohibits its citizens from buying property in Turkey , you will not have the right to buy property in the country.
- Foreigners are not allowed to buy mortgaged or foreclosed apartments in Turkey.
- Foreign investors must exchange foreign currencies through an accredited bank when buying real estate in Turkey .
The necessary documents when buying a property in Turkey
- You must have a passport that is valid and legalized by a notary in Turkey, in addition to a copy translated into Turkish.
- You must obtain a tax number from the Turkish government, which is a simple procedure that only takes a few minutes.
- You must provide an insurance policy that covers the property against earthquake risks.
- You are required to provide 4 clear personal photos.
- You must obtain a real estate appraisal of the property you want to buy in Turkey.
- You must be provided with the title deed for the property.
- If the property was purchased through an agency that took place in embassies or consulates outside Turkey, you must submit the original copy of the agency in addition to a certified translation of it.
- A bank receipt must be submitted proving that the value of the property to be purchased has been converted from foreign currencies into Turkish lira through one of the official banks in Turkey.
Steps to owning real estate in Turkey
- Make sure you are eligible to own a property in Turkey and meet the required conditions, such as citizenship and local and legal restrictions.
- Determine the specifications and requirements for the property you are looking for, such as location, size, design, and price, and use the various search methods, such as real estate companies and websites.
- Visit the selected properties and ask for a tour of them to get acquainted with the details and the general condition, and you can negotiate the price and payment terms with the seller or the real estate agent.
- Make sure that the property holds a regular real estate registry and that it is free from any legal problems or pending claims, and you can request verification from the Land Registry Office.
- Prepare the documents required to purchase the property, such as a certified passport, tax number, earthquake insurance policy, personal photos, and a real estate appraisal document.
- After reaching a final agreement, sign the purchase contract with the seller and it is best to consult a real estate lawyer to understand all the terms of the contract and the legal protections.
- Pay the legal fees and taxes associated with purchasing the property and registering it in the Land Registry.
Cautions when buying real estate in Turkey
- Before buying, be sure to study the legislation and laws related to owning real estate in Turkey, and you should be aware of your rights and duties as a property owner, potential restrictions on foreign ownership, and any changes in government policies.
- Make sure that the property you intend to buy carries a regular real estate registry and that it is free from any legal problems or pending claims, and examine the documents and certificates required to ensure the validity of ownership.
- The quality of the infrastructure and the level of development may vary from one region to another in Turkey, so do careful research about the specific area of the property and make sure that basic services such as water, electricity, transportation, and utilities are available.
- Avoid dealing with unreliable or unlicensed brokers; look for reliable and approved real estate companies, and make sure they have been in the Turkish real estate market for a long time and have a good reputation.
- Investors may face some challenges in assessing the price and determining the true value of real estate in Turkey and conducting market comparisons and independent evaluations to ensure that you do not pay more than the fair value of the property.
Read Also:
Turkish Real Estate Market in 2025
Real Estate in The Digital Age Proptech and smart homes
Türkiye's Property Market Trends: What to Expect in the Coming Years