Buying property in Türkiye
Turkish Real Estate Market – Golden Opportunities
Türkiye, with its growing economy and strategic location, One of the most attractive real estate markets in the world Buying property in this country is not only a safe investment, but also a way to Obtaining residency It is.
1. 📊 Turkish real estate market
| Index | Status |
|---|---|
| Price trend | Gentle upward |
| Demand | Up in big cities |
| Currency fluctuations | Direct impact on prices |
| Share of foreign buyers | On the rise |
💡 Note: Iranian buyers are the third largest group of foreign property buyers in Türkiye, after Russians and Germans.
2. 🏙️ Best areas to buy property
| City | Recommended areas | Average price (TL/meter) |
|---|---|---|
| Istanbul | Şişli, Kadıköy, Beylikdüzü | 70,000 – 150,000 |
| Ankara | Cankaya, Kecioren | 40,000 – 80,000 |
| Izmir | Karşıyaka, Bornova | 50,000 – 90,000 |
| Antalya | Konyaalti, Lara | 45,000 – 85,000 |
3. 📝 Legal steps for buying property
- Property selection and price agreement
- Obtaining a foreign tax number
- Signing the document at the notary's office (Tapu)
- Registration in the Real Estate Registry System (Kat Mülkiyeti)
- Payment of relevant taxes
4. 💰 Additional costs of buying a property
| Case | Percentage of property price |
|---|---|
| Transfer tax | 4% (2% buyer + 2% seller) |
| Notary rights | 0.5% – 1% |
| Real estate agent fee | 2% – 4% |
| Annual tax | 0.1% – 0.4% |
5. ⚠️ Important notes for foreign buyers
- Area restrictions: Some military areas are off-limits to foreigners.
- Equal rights: Foreigners have the same rights as Turkish citizens.
- Number of properties: Maximum 30 hectares in the entire country
- Property valuation: Required to obtain residency
6. 🏦 Getting a mortgage in Türkiye
| Bank | Maximum loan | Interest rate |
|---|---|---|
| Ziraat Bank | 80% of the property value | 1.2% – 1.8% |
| Is Bank | 75% of the property value | 1.3% – 2% |
| BBVA Garanti | 70% of the property value | 1.4% – 2.2% |
7. ❓ Frequently Asked Questions
Can foreigners buy property in Türkiye?
Answer: Yes, under the same conditions as Turkish citizens.
What is the minimum price for accommodation?
Answer: $200,000
How long does the purchasing process take?
Answer: 30 to 60 days
Can the purchased property be rented out?
Answer: Yes, by registering a formal rental agreement.
✅ Conclusion: Safe investment in Türkiye
Buying property in Türkiye with Transparent rules, dynamic market and residency benefitsIt is a smart choice for investment and life.
