Practical information for foreigners buying a property in Turkey

Whether you're looking to buy property for personal use, rental income, or long-term capital appreciation, Istanbul offers a variety of options that suit different financial goals. However, navigating the city’s property market requires balancing your long-term investment goals with short-term needs. Here's how to approach it effectively.

Buying property in Istanbul is an attractive opportunity for both investors and individuals seeking a new home in one of the world's most dynamic cities. However, navigating the property market in Istanbul can be challenging, especially for those unfamiliar with Turkish laws, regulations, and the unique features of the city’s real estate landscape. In this article, we will explore some of the common challenges buyers face and how Turkey Expert, with its extensive experience, can assist in overcoming these obstacles to help you find the perfect property.

Istanbul has always been a city that captivates investors, tourists, and expats alike. Spanning two continents, blending rich history with a dynamic modern culture, it’s a global hub that offers immense opportunities. In 2024, the appeal of purchasing property in Istanbul has only intensified, driven by a combination of economic, social, and strategic factors. 

The number of investors sliding towards investing in overseas real estate is increasing every year. Investing in overseas real estate is now the new normal, and Turkey is one of the top countries for overseas real estate investments. But where should you choose to invest your hard-earned money? We will give you an overview of the Top six locations to invest in property in Turkey.  

Real estate purchase and sale transactions can also be made at notary offices in addition to land registry offices in Turkey. The new regulation's implementation date is planned to take place on 1 July 2023. 

Are you thinking of buying a property abroad? In the last few years, massive developments have taken place in certain cities of the country, so the value of Turkish Real Estate has reached a place where it is being noticed worldwide

According to the new law, as of June 2022, some over-populated districts will be restricted for residency permit applicants.

According to the new regulation, foreign property buyers in Turkey need to submit the document to the land registry (Tapu) office,  showing the purchase of Turkish Lira for the exact amount of sales price.

Can a foreigner get a mortgage in Turkey to purchase a house? All the questions about foreigners getting mortgages in Turkey are answered in this article.

As soon as you become the owner of Turkish property, you are liable for paying taxes. Which taxes these are, and when they need to be paid, is explained in this article. 

 Moving to Turkey is possible in different ways, and it is possible to get a Turkish passport and use Turkish social service just like a Turkish citizen.

Read more about how the pricing works on our website. We're proud to offer the best property prices on our website     

When you buy a home in Turkey, there will be costs to register the property in your name. These costs are divided into variable and fixed costs and are the same for Turkish and foreign citizens. Read here, which fees are associated with the Tapu transfer. 

Buying a property in Turkey to generate rental income is a popular business. Many building companies in Istanbul or other cities offer rental guaranteed apartments with home management packages. But can a foreign person rent out a property in Turkey? And how does a foreign citizen pay rental income tax? In this article, we explain how rental income taxation in Turkey works. 

You are interested in buying a property in Turkey and don't know where to start? This article might help you to get an overview of the steps to follow when purchasing a second home in Turkey.