How to buy a property in Turkey?
Buying a property in Turkey is easier than buying a property in Europe but if you are not very familiar with the rules of buying real estate in this country. There is a possibility of fraud and loss of wealth that you have considered to buy property in Turkey if you go to a reputable real estate consultant. Also, if you are not fluent in Turkish, buying a property in Turkey will be more difficult for you. To buy a property in Turkey, it is better to go through the following steps to reduce your concerns about buying turkish properties:
Property research
Before buying a property in Turkey, do your research. According to your desire to buy property in Turkey, choose which city is more suitable for your goals. Are you looking for a villa or an apartment? Are you interested in buying land or do you want to buy an office or shop in this country? Each of the Turkish cities has its own conditions and is more suitable for certain purposes. Therefore, before anything else, check the goals, the budget you set for the purchase, the properties of the property, choosing a reliable real estate agent, etc.
Choosing the right real estate agent
Choose your preferred real estate agent. Make sure that the real estate agent you have chosen is active and reliable in the Turkish real estate market. After this step, talk to your real estate agent about the conditions and demands you have for buying property in Turkey and get help from his guidance to make a better and safer choice.
Choosing the right real estate agent
Visiting properties in Turkey
If you have the opportunity to visit Turkey in person, go to Turkey in person and check the houses and properties you want with the help of your real estate agent. If you are buying a property in Turkey with the intention of obtaining residence and living in Turkey, your presence in Turkey and checking the living conditions in the area you want will help you. During your visit, check all the available options in terms of pricing, facilities, etc.
Visiting properties in Turkey
Property price negotiations
One of the most important parts for buying property in Turkey is the property sale price. If you are planning to live in Turkey and get resident permit, the price of property is important. The minimum purchase price of a property to obtain a temporary residence permit in Turkey is 75,000 US dollars. If your goal of buying a property in Turkey is to obtain permanent residence permit ( Turkey Citizenship ), the value of the property you buy should be at least 400,000 US dollars.
In any case, that the property is properly valued and its price is suitable for its conditions and features, whether you intend to buy the property with installments or not, the property is for pre-sale. It is one of the most important tasks that you should check with the help of your real estate consultant and then negotiate and agree on the final price of the property with the property owner.
Property reservation and price fixing
After you have definitely chosen the house or apartment you want, it's time to reserve it. You must pay a deposit to the property owner to reserve the property. The amount of deposit is equal to 10% of the property price. If you buy a property, this amount will be deducted from the purchase price, but if you regret the purchase for any reason, this amount will not be returned to you.
Getting the Tapu (Title Deed) with 100% ownership
The final stages of work and getting the Tapu ( Title Deed ) with 100% ownership
Before signing the contract, make sure that the property you are looking for is exactly owned by the seller, exactly the property is shown to you and the agreed terms are exactly mentioned in the contract. After signing the contract and paying the deposit, with your new home address, a bank account will be open for you by Antalya Estate experts.
To open an account, a copy of your passport, passport translation, Turkish tax number, and an official translation of a water, electricity or gas bill in your name in the country where you live are required. The evaluation report or property expertise is prepared by the company and sent to the Tapu kadastro office.
After signing the contract, it takes about one working week to complete the steps. After signing the property purchase contract, the document transfer request is sent to the Deeds Registration Department (Tapu Office).
The documents required by the buyer to transfer the document in Turkey are: passport and notarized translation of the passport, tax number, currency exchange paper form from the bank (Doviz Alim Belgesi), filling out the identity information form, two photos and translator's documents. Official and approved by the department.
The documents required by the seller to transfer the deed in Turkey are: property deed, identity documents, property tax payment and the current value of the property (representative) from the municipality and two photographs.
After the documents are delivered to the Tapu Office, the document transfer time and the document transfer tax amount will be announced to the applicants with SMS. The rendezvous time is different in each cities and depending on the busyness of each office.
After announcing the transfer time of the document, the buyer pays 4% of the agreed amount to be included in the document as the document transfer tax in one of the banks and goes to the registry office to sign the contract, signing the contract in the presence of the registry office officer, an official translator, Buyer and seller are done.
Where is the best city to buy a property in Turkey?
The answer to this question depends to a large extent on your circumstances, budget, desires and goals. For example, the best city in Turkey to buy a house for someone who is looking for a suitable place for a vacation is a little different from someone who is looking for an investment or someone who is planning to buy a property in Turkey to acquire residence and work in Turkey will be.
Properties for sale in Istanbul Turkey
Properties for sale in Istanbul Turkey
Istanbul is a different and beautiful city in Turkey, which is located in the northwest. This city is different and special in that it connects the two continents of Asia and Europe. Although Istanbul is historically and commercially part of Europe, one third of its population actually resides in Asia. This city owns the waterway known as the Bosphorus Strait.
Istanbul can be considered one of the best cities in Turkey to buy property. Istanbul, a city that connects the two continents of Europe and Asia, has both beautiful tourist attractions and is a suitable city for investment, company registration and starting a new business. This beautiful city is at the top of the list of the most expensive cities to buy house in Turkey.
However, compared to European cities such as Madrid, buying house in Istanbul with similar conditions will be much more economical. The presence of 45 million tourists visiting Istanbul every year has created a unique opportunity for property owners in this city to earn a lot of income by renting out their property.
Investing and buying property in Istanbul
Besiktas, Sariyer, Kadikoy and Bakirkoy, Bebek, Etiler, Ulus, Fenerbahce, Bostanci, Suadiye and Atasehir are the most expensive neighborhoods in Istanbul to buy real estate.
If you are interested in buying luxury villas in Istanbul, check out Zakariya Koy, Uskudar, Silivri, Catalca and Arnavutkoy.
If your goal is to buy an investment property, we suggest you Avcilar, Bahcelievler, Basaksehir, Arnavutkoy and Kocukcekmece in the European part of Istanbul and Pendik, Kartal, Sultanbeyli, Cekmekoy Umraniye and Sancaktepe in the Asian part of Istanbul.
If you choose this city to buy property in Turkey, you will be faced with many different choices. The properties available in Istanbul range from luxurious and very expensive villas to large apartments and apartment complexes to smaller and cheaper apartment and flats.
Properties for sale in Antalya Turkey
Sandy beaches, clear waters, evergreen forests, Mediterranean climate, rich cultural heritage, low traffic and high security make Antalya one of the most beautiful places in the world to live. Millions of people visit Antalya every year.
Properties for sale in Antalya Turkey
Many of those who have chosen Antalya as their destination after seeing the natural scenery and living facilities in it, the high quality of construction projects and the low price of buying property in Antalya compared to similar cities in Europe and the high growth of real estate market in this city for They are buying property in Antalya Turkey.
The city of Antalya is the capital of Turkish tourism and one of the most important tourist cities of this country, which has been able to attract many foreign investors in the real estate sector in recent years. Any wish you have for buying a property in Turkey will be fulfilled in Antalya.
Independent houses and villas, twin villas, town houses, bungalows, mansions, etc. are the types of villas available for buying a villa in Antalya. Apartments in Antalya also have different conditions according to the neighborhood and type of construction.
Buying a villa in Antalya
The apartments in the coastal areas of Antalya, including Lara, Konyaalti and Kundu, have very good conditions for investment. If you want to buy a property in Antalya that is close to the beach, has a good price and is newly built, choose Altintas ditrict.
If your goal of buying property in Antalya is to create a business, you will have very good conditions Because the existence of a strong economy and proper infrastructure has made you buy many commercial properties including shops, stores, offices, business centers, cafes, restaurants and hotels in Antalya city at a reasonable price.
Social and welfare facilities, suitable infrastructure, high economic growth, multifold increase in the purchase price of property in the last few years and the presence of unique nature have made it possible to place Antalya in the list of the best cities in Turkey for investment.
Properties for sale in Izmir Turkey
After Istanbul and Ankara, Izmir is the third largest city in Turkey. This beautiful city is located on the edge of the Aegean Sea and has very good conditions for buying real estate. Despite its size, Izmir has a smaller population than cities like Istanbul, and for this reason, it is considered one of the cleanest cities in Turkey in terms of climate.
This port city is suitable both for those who are looking to buy a coastal property in Turkey and for those who like to have a beach house. The number of English speakers in Izmir is 67% more than other cities in Turkey, and by choosing Izmir, you can communicate with people in English.
Like many big cities in the world, Izmir has different regions. Depending on what your intention is to buy house in Izmir or buy an apartment in Izmir, you will have many choices. Some areas of Izmir have a traditional texture and most of the properties in them are old. But some of its areas have a completely different and new texture, and multi-story apartment complexes have been built in them.
Balcova, Konak, Bayrakli, Bornova and Boca neighborhoods are central neighborhoods of Izmir and the apartments in them are mostly newly built. These neighborhoods are located in the center of Izmir and some of them are located on the seashore. By buying a property in Izmir and one of these neighborhoods, you will be close to the sea and have access to the facilities of Izmir.
Alsancak, Konak, Guzelbahce, Karsiyaka, Mavisehir, Bostanli and Bornova are among the good and expensive areas to buy property in Izmir, they have good conditions for investment for buying property in Izmir. Cili is the most industrialized area of Izmir and its economy is completely dependent on trade and industry.
Gazi Emir is considered one of the special and important neighborhoods of Izmir. Because Izmir Airport, Izmir Exhibition Center, furniture production and sales workshops, etc. are located in this neighborhood.
Properties for sale in Alanya Turkey
Excellent weather, long sandy beaches, five-star hotels located along the coast, historical heritage and natural attractions have caused a huge flood of tourists who have chosen Turkey as their tourist destination, choosing the city of Alanya for sightseeing. do the presence of a large number of foreign tourists in this city has had a great impact on the properties sale price in Alanya.
Statistics show that 9% of all tourists in Turkey visit Alanya. The high number of visits has caused almost a third of foreign real estate purchases in this country to be made in Alanya. Because Alanya, is a holiday destination and compared to many European cities, has excellent conditions for buying a quality property in Turkey.
Properties for sale in Alanya Turkey
Oba and Tosmur, Kargicak are among the good and expensive areas to buy property in Alanya, Avsalar, Demirtas, Mahmutlar and Kestel are among the good areas for invest in Alanya.
If you are looking for a quiet and beautiful city to spend your vacation or to live in this city after retirement, we introduce you to Alanya.
Alanya is one of the best cities in Turkey both in terms of urban facilities and holiday accommodation, and has high quality villas and apartment complexes with beautiful natural views.
Properties for sale in Northern Cyprus
Northern Cyprus is a country in the south of Turkey, which is located close to it and it can almost be said that it is under the supervision of Turkey. This country has Turkish-speaking people and is culturally very similar to Turkey. Northern Cyprus is on the list of the most suitable areas for buying a property. Because compared to Turkey, it has more suitable conditions for buying a proprty in terms of long-term installments and houses by the sea.
Scandinavian countries, Great Britain, Russia and Germany are the most important supporters of buying property in North Cyprus. Although most buyers of apartments and properties in North Cyprus will use the house they purchase as a holiday home, it should not be overlooked that real estate in North Cyprus is more than just a holiday home. Because buying a property in North Cyprus is a safe investment in the real estate sector that has definite profits.
If you are interested in buying a villa very close to the sea and island life, North Cyprus has provided you with this opportunity. While in Turkey most villas are a short distance from the beach, you can buy villas in Northern Cyprus that are right next to the sea.
Also, by buying a property in North Cyprus, you can use long-term installments to pay for the property. Some of these installments sometimes reach 5 years. In addition, after paying one third of the amount of the property, you can apply for the transfer of the document and residency in Cyprus.
One of the attractive features of buying a house in North Cyprus is the variety of prices and its cheap price compared to European countries.
This country has become one of the most popular tourist destinations for Europeans, and due to the low price of buying property in North Cyprus, many European tourists are interested in buying property in North Cyprus.
This is the reason why the house buying and selling market in North Cyprus is very prosperous.
The price of renting an apartment or villa in North Cyprus is high, and this is the reason why the return on investment is faster than average.
On average, the return on investment in North Cyprus is between 4 and 5 years. The process of buying a house in North Cyprus is not so difficult and you can easily make a purchase with the help of a reliable real estate agent.
Where is the best city for villas for sale in Turkey?
The coastal cities of Turkey are among the best cities to buy a villa in Turkey. Most of the coastal cities have urban facilities and good life, and the villas in them are also beautiful and newly built. However, a few coastal cities stand out from the rest and have more fans for buying villas. We examine these cities below:
Villas for sale in Antalya province
Villas for sale in Kemer Turkey
One of the best cities close to Antalya to buy villa in Turkey is Kemer. This town is a magnificent beach resort on the side of the Taurus Mountains, located 40 kilometers west side of Antalya, and the villas in it have views of the mountains and the seashore. Camyuva and Kiris are two coastal villages near Kemer where there are very luxurious villas and many foreigners live in these areas.
Villas for sale in Kemer Turkey
With the increasing price of villas for sale in Kemer, it is considered one of the most profitable and excellent areas for investment by villas for sale in Turkey. According to the data of the Turkish Statistical Organization, in January 2023 compared to January 2022, the price of villas for sale in Kemer has increased by 121%, and the average purchase price of a villa in Kemer is 6,500,000 liras.
Villas for sale in Kalkan Turkey
One of the most expensive and luxurious coastal villages and holiday areas of Turkey, where most of the rich Turks and foreigners live, is the tourist area of Kalkan.
In Kalkan, you will find the most luxurious and beautiful villas that may exist in Turkey. Most of the architects and builders who work in Kalkan are from reputable European and Turkish companies.
Kalkan is famous for its white stone villas with panoramic views and infinity pools overlooking the Mediterranean Sea. Komurluk, Ortaalan, Kiziltas, Kalamar Bay, Kisla are among the different regions of Kalkan.
The two regions of Komurluk and Kisla are more expensive than other regions of Kalkan. According to the data of the Turkish Statistical organization, in January 2023 compared to January 2022, the price of villas for sale in Kalkan has increased by 160%, and the average purchase price of a villa in Kalkan is 11,000,000 liras, and the average size of houses is 218 meters. Is.
The price of each square meter is valued at 41,500 liras on average and the investment return is considered to be 4 years. Among the different cities of Antalya province in the past year, Kalkan is one of the areas that has faced a higher price increase for buying villa in Antalya than other cities.
Villas for sale in Kas Turkey
Kas is a beautiful city 168 km from Antalya and one of the best villa and beach cities in Turkey. This city is the tenth largest city in Antalya province. The most famous buyers of villas in Kas are Germans and British. The city of Kas has very special geographical conditions. Part of it is located on the peninsula and has a relatively different condition than the existing villas in the city center.
Villas for sale in Kas Turkey
Kas is a beautiful city 168 km from Antalya and one of the best villa and beach cities in Turkey
Some of Kas villas, which are located in its high areas, are sold with panoramic views. According to the data of the Turkish Statistical Organization, in January 2023 compared to January 2022, the price of villas for sale in Kas has increased by 159%, and the average purchase price of a villa in Kas is calculated to be 12,400,000 liras. The average size of villas in Kas is 180 square meters. The return period for buying a villa in Kas is 4 to 5 years.
Villas for sale in Belek Turkey
Belek is the golf capital of Turkey and one of the most famous cities in the world for golfers. Belek's courses and weather conditions make it a wonderful and dreamy place for golfers. There are several luxury golf courses in the city, most of which are owned by hotels in Belek. Of course, Belek is not only suitable for golfers, but also for city friends. There are several football fields, tennis courts, volleyball courts, etc. in this city.
Belek, a luxurious, safe and beautiful city in Antalya, Turkey
Belek is located 45 kilometers from Antalya. If you are looking for a luxurious, safe, beautiful city and a place for sports, the best city to buy a villa in Turkey is Belek. Belek in Antalya is considered similar to Marbella in terms of location and living conditions. According to the data of the Turkish Statistics organization, in January 2023 compared to January 2022, the price of villas for sale in Belek has increased by 188%, and the average purchase price of a villa in Belek is 4,500,000 liras.
Villas for sale in Alanya Turkey
Alanya is a city with 70 kilometers of coastline, located 135 kilometers from Antalya. This beautiful city has pristine and beautiful mountain scenery and beaches with clear and clean water. Since the opening of Gazipasa Airport near the city of Alanya, with the arrival of tourists to this city and their interest in villas for sale in Alanya, the price of buying a villa in Alanya has increased day by day.
So that currently it has 30% of foreign capital attraction through the purchase and sale of real estate in Turkey and 9% of foreign tourist attraction in Turkey. Alanya has experienced a huge price increase in the past year, so that the price of buying a villa in Alanya has increased by 235% until October 2022.
According to the data of the Turkish Statistical Office, in January 2023 compared to January 2022, the price of villas for sale in Alanya has increased by 169%, and the average purchase price of a villa in Alanya is 6,400,000 liras.
Villas for sale in Mugla province
Villas for sale in Fethiye Turkey
One of the most famous coastal and touristic cities in Turkey is Fethiye, which is located 50 kilometers from Dalaman airport. Fethiye is located on the ancient city of Telmessos, which is one of the most famous ancient cities in Turkey. Areas like Oludeniz are among the most famous villa and coastal areas of Fethiye. Oludeniz beach is one of the best and most beautiful beaches in the world.
The city of Fethiye with a population of about 200,000 people has very good conditions in terms of social, medical, urban facilities, etc., and this city can be used as a holiday settlement. Oludeniz, Calis, Uzumlu, Ovacik, Hisaronu, Akarca, etc. are among the holiday settlements near Fethiye that have very beautiful beaches.
According to the data of the Turkish Statistical Office, in January 2023 compared to January 2022, the price of villas for sale in Fethiye has increased by 167%, and the average sale price of villas in Fethiye is 7,200,000 liras.
Villas for sale in Dalaman Turkey
The city of Dalaman, known for its important Dalaman International Airport, has now become one of the most important tourist and leisure cities in Turkey. Due to the very short distance from Dalaman airport, this city has become very popular among tourists, and this has greatly affected the sale price of villas in this city. Dalaman is a city on the Aegean coast with a population of 24,000.
Villas for sale in Dalaman are cheaper than the coastal cities of Mugla province such as Fethiye and Bodrum. According to the data of the Turkish Statistics organization, in January 2023, compared to January 2022, the price of villas for sale in Dalaman has increased by 174%, and the average price of villas for sale in Dalaman is 4,200,000 liras.
Villas for sale in Marmaris Turkey
Marmaris is one of the most beautiful and famous cities in Mugla province. This beautiful city is located on the coast of the Mediterranean Sea and has a very beautiful coastal nature and mountainous nature.
The fixed population of Marmaris city is around 100,000 people, but because many foreigners buy villas in this city and use their villas during the holiday season, the population of Marmaris multiplies and reaches 500,000 people in the summer.
Beldibi, Armutalan, Bozburun, Turunc, Hisaronu, etc. are some of the holiday settlements near Marmaris. According to the data of the Turkish Statistical organization, in January 2023 compared to January 2022, the price of villas for sale in Marmaris has increased by 159%, and the average price of villas for sale in Marmaris is 5,800,000 liras.
Villas for sale in Gocek Turkey
Gocek is a beautiful coastal city in Mugla province, which is loved by many Turkish and foreign celebrities. So that during the holiday season, if you walk down the back alleys of Gocek, you'll probably end up you will meet few celebrities. This beautiful city is one of the safest areas in the world and many luxury villas have been built in it.
Most of the residents of Gocek are rich and wealthy. The population of this city is 4500 people, but it doubles in summer. This small coastal city has a port and a bay and has a sea connection with other cities in Turkey. Compared to many luxury beach towns, Gocek is less known to foreigners and tourists do not usually visit this town.
This has made it a very good place to relax and have fun, especially during the holiday season for those who like to spend their holidays in a safe, quiet and peaceful environment.
According to the data of the Turkish Statistics organization, in January 2023 compared to January 2022, the price of villas for sale in Gocek has increased by 168%, and the average purchase price of a villa in Gocek is 14,200,000 liras.
Villas for sale in Dalyan Turkey
The city of Dalyan, which is known for its beautiful and lively river, mud baths and hot springs, is one of the beautiful areas of Turkey, which, unlike other villa cities, is not located on the seashore. This beautiful city has a very beautiful lake and river, on the edge of which many villas have been built.
Dalyan River is used as a commuting route to other cities and the sea coast. Because the water of this river flows into the sea. It is said that the flower baths of Dalyan were Queen Cleopatra's favorite. According to the data of the Turkish Statistical Office in January 2023, compared to January 2022, the price of villas for sale in Dalyan has increased by 141%, and the average sale price of a villa in Dalyan is 6,700. 000 lira has been calculated.
Villas for sale in Bodrum Turkey
Bodrum is a beautiful and luxurious city for special people, whose urban architecture is very similar to Egyptian architecture. Bodrum is one of the tourist cities where entertainment and life continue 24 hours a day and there are no holidays or shutdowns. Due to its peninsula location, almost any route you take in this city will eventually lead you to the beach.
For this reason, there are many beach villas on the edge of the Aegean Sea. Germans, English and French are fans of buying villas in Bodrum.
According to the data of the Turkish Statistical organization, in January 2023, compared to January 2022, the price of villas for sale in Bodrum has increased by 157%, and the average price of villas for sale in Bodrum is 5,600,000 liras.
Villas for sale in Aydin province
Villas for sale in Kusadasi Turkey
Kusadasi is a city that means bird island in Aydin province. This city, which is 70 km away from the center of Aydin province, is one of the tourist cities and one of the best cities in Turkey to buy a villa. Kusadasi is close not only to the Greek island of Samos, but also to tourist centers such as Izmir, Efes, Meryem Anea, Milli, Didim, Pamukkale and Marmaris.
Due to the long beaches of Kusadasi, some villas in Kusadasi are quite close to the seashore and offer you a great view of the beach. According to the data of the Turkish Statistical Office, in January 2023, compared to January 2022, the price of villas for sale in Kusadasi has increased by 105%, and the average purchase price of a villa in Kusadasi is 4,700,000 liras.
Villas for sale on the edge of the Black Sea or Karadeniz
Villas for sale in Trabzon Turkey
The city of Trabzon is located in the north of Turkey and next to the Black Sea or Karadeniz. Karadeniz Technical University is located in this area, which is one of the most important universities in Turkey. This region has a humid and mountainous climate, and unlike the coastal cities of the Mediterranean and the Aegean Sea, the amount of rain and snow is high. A lot of rain has caused this area to be very green and there are several beautiful lakes and rivers in it.
Considering that the Karadeniz region is both mountainous and coastal, you will have good conditions for choosing a villa.
The villas by the lakes in this area have a view of the lake and the mountains and have wonderful views. Karadeniz region and Trabzon city are among the best villa areas on the Black Sea coast. According to the data of the Turkish Statistical organization, in January 2023 compared to January 2022, the price of villas for sale in Trabzon has increased by 127%, and the average sale price of a villa in Trabzon is 5,200,000 liras.
Villas for sale in North Cyprus
Villas for sale in Gazi Magusa - Famagusta
The city of Gazi Magusa, which is called Famagusta in Greek, is one of the best coastal cities in Northern Cyprus, and despite its very good conditions, the price of buying a villa is cheaper than other cities in Northern Cyprus and coastal cities in Turkey. Long Beach area in Gazi Magusa is one of the safest areas in the world to buy villa and invest. In addition to being a safe investment, this area has very good recreational and living facilities that are unique.
Northern Cyprus offers very good conditions to foreign buyers, diversity in choice, construction of various villa settlements, pre-sale villa projects, installment payments with long-term repayment and without interest, obtaining ownership rights after paying one third and... Gazi Magusa is a good place to buy villa for foreigners.
Villas for sale in Kyrenia
The city of Kyrenia in Northern Cyprus is larger and more populated than Gazi Magusa. Also, the price of buying a villa in Kyrenia is higher than in Gazi Magusa. Kyrenia is also known as Kyrenia. Kyrenia is the most vibrant city in Northern Cyprus.
This city is known as the tourism capital of Northern Cyprus and is full of recreational and touristic places for tourists and those who live in this city.
The port of Kyrenia has provided conditions for traveling to and from Turkey by ship. Therefore, you can easily go to Turkey whenever you want by using ships. Most days of the year are sunny in Kyrenia however, this city has an average temperature of 25 degrees and its summers are not very hot. In winter, the temperature does not drop much and it is 15 degrees Celsius on average.
Which Turkish city is suitable for real estate investment?
Antalya and Istanbul are among the best cities in Turkey for real estate investment. Currently, the rate of economic growth and the increase in real estate prices in Turkey in these two cities is higher than in other Turkish cities, and every year the real estate sale prices in them increase exponentially. Both Antalya and Istanbul are among the biggest tourist cities in Turkey, and a large number of European tourists visit these cities.
Compared to Antalya, the demand for buying property in Istanbul is higher and the price of buying property is also higher there. If you have bought a house and want to rent it, it can be rented in both cities in a short time and in excellent conditions.
However, because of the crowd, noise, air pollution and problems of living in Istanbul, there are also many fans of Antalya. Antalya has the best beaches in Turkey, good weather, less crowd and better living conditions.
Istanbul can be considered the commercial and economic center of Europe, and for this reason, the number of factories and its population is several times that of Antalya, which has had a great impact on the concentration of population and the climate of Istanbul.
The price of buying property in Antalya, especially in the areas of Lara, Konyaalti, Altintas, Belek, Kas and Kalkan, is increasing almost monthly and has provided very good conditions for foreign investors. Nevertheless, Istanbul is at the top of the demand for buying property in Turkey.
Of course, this issue has caused the capacity to buy property in Istanbul for foreigners to be filled, and currently, some neighborhoods in Istanbul are among the red zones and prohibited for foreigners.
Is it possible to buy a property with 50 thousand euros (50.000 €) in Turkey?
Until a few years ago, when the price of buying property in Turkey had not increased to such an extent, it was possible to buy a property for 50 thousand euros.
But in the last few years, with the multiple growth of the construction materials and increasing property demand in Turkey from Europeans and Russians, currently, a property that does not have legal problems cannot be found at this price.
What is the lowest price to buy a property in Turkey?
Currently, the price of buying a property in Turkey has grown unprecedentedly compared to the past few years. Although, despite this price growth, it is still cheaper than some regions of Europe. It can be roughly said that currently the lowest price for buying a property in Turkey in areas where foreigners are allowed and it is possible to obtain a residence permit, starts from 100,000 dollars.
By buying a property at this price, you can apply for a temporary residence permit in Turkey.
How is property buying process in Turkey for Afghan nationals?
Turkey has considered very good facilities for foreigners, which includes most countries in the world except Armenia, Syria, Cuba, Nigeria and North Korea. If they buy a property worth 75,000 US dollars, they can apply for temporary residence permit for themselves and their families.
Like many countries in the world, the demand for buying property in Turkey among the people of Afghanistan has also increased in recent years.
So that in the last few years, Afghanistan has been in the list of the top 5 countries for buying property in Turkey. Normally, many people of Afghanistan want to buy property in Turkey to acquire residence permit in this country.
Many afghan origin buyers, from Europe, investing on properties in turkey and buying property as holiday home.
In order to obtain permanent residence or citizenship in Turkey, Afghan nationals must also purchase a property worth more than 400,000 US dollars and have entered Turkey legally with a valid passport.
What are the new rules for buying property in Turkey?
In 2018, Turkey enacted citizenship transfer laws for foreigners who intend to buy real estate in the country, and set the property purchase limit for permanent residency at US$250,000. On June 13, 2022, Turkey increased this amount to 400,000 US dollars for acquiring Turkish citizenship due to the increase in the purchase price of property.
Currently, the minimum amount for buying property in Turkey to obtain temporary residence permit is set at 75,000 US dollars.
As a result, if your goal of buying a property is to have a property for vacation or for investment, you do not need to have a residence in Turkey. But if you intend to live in Turkey, the value of the property you have purchased must be at least 75,000 US dollars in the document, and if your goal is to get Turkish citizenship and passport, the minimum purchase price of the house in the property document must be 400,000 US dollars.
if you are buying property for citizenship, the important thing is that the total price must be at least 400,000 USD and in one contract.
Some areas in different cities of Turkey have been declared as prohibited areas for foreign nationals to buy property. Properties near barracks and military headquarters and Turkish villages where there is no municipality cannot be sold to foreigners.
Also, if there are more than 25% of the total population of foreign nationals in a region of Turkey, you will not be able to get residence by buying property in those regions.
Currently, some neighborhoods in Istanbul have filled up the percentage of foreigners and you cannot get residence by buying a property in them.
You must obtain a currency conversion slip from the bank before going to the Deed Registry Office in Turkey to get the property deed you have purchased. In addition, it is important to mention that a foreigner cannot own more than thirty hectares in different regions of Turkey. Also, a foreigner cannot buy more than ten percent of the area administratively.
What are the problems of buying property in Turkey?
Considering that many of foreigners are not familiar with the rules of buying property in Turkey, it is normal for poeple to have some problems in this field. Therefore, it is very important to have a more comfortable property purchase by choosing active and reliable real estate consultants. In the following, we will examine some problems of buying property in Turkey:
Fraudsters abuse the conditions of buying property in Turkey
Some of those who are interested in buying a property in Turkey, in order to save their money, refuse to go to reliable and reliable real estate consultants, not knowing that if they do not go to a real estate consultant, they may lose their entire capital in There is Turkey.
The largest amount of fraud in buying property in Turkey happens in cases where the buyer directly enters into the transaction to buy the property without having an experienced consultant who is well versed in real estate laws.
Especially for foreign investors who are not very familiar with the Turkish property laws or are not very fluent in turkish, more fraud conditions are provided. Therefore, to guarantee a safe and worry-free purchase, be sure to consulate a reputable real estate in Turkey.
Not enough information about the rules of property for sale in Turkey
One of the biggest problems related to buying property in Turkey is that foreigners do not have enough information about the rules and regulations of buying property in Turkey, especially for those who intend to get temporary or permanent residence in this country by buying property in Turkey.
For example, in some areas of Istanbul, the population of foreign nationals has reached more than 25%, and by buying a property in these areas, even worth $75,000, it will not be possible to obtain residency in Turkey.
Tourist companies and travel agencies
Some people get offers from tourist companies or travel agencies to buy a property in Turkey during their holiday. These people do not specialize in property sale rules in Turkey, but are only active in Turkish tourism.
By visiting these companies suggestions, it is more likely that you will buy a property whose amount is higher than the real value of the property or has a legal prohibition, than if you go to a reliable real estate company which can guarantee your investment.
Restrictions on selling the property after buying it
To buy a property in Turkey and obtain citizenship, Turkey will keep your property deed as a pledge for three years, and you will not be allowed to sell it during this time.
What are the advantages of buying property in Turkey?
Obtaining temporary and permanent residence and receiving the right of citizenship
Perhaps one of the most important advantages of buying property in Turkey is the acquisition of temporary and permanent residence in Turkey by buying a property.
By purchasing a property worth at least 75,000 US dollars, you can apply for your temporary residence. If you pay $400,000 for the property you purchased, you will qualify for permanent residency. There are 111 countries that you can travel to with a Turkish passport. 72 of these countries are visa-free, 36 are visa-on-arrival countries, and 3 are e-visa destinations. Apart from yourself, you can also get residence for your spouse and children under 18 years of age.
Safe investment
Due to the increase in the demand for buying property in Turkey from the Russian and European countries, the amount of investment in the real estate sector in Turkey has multiplied and the buying and selling of real estate in Turkey has been booming.
In some parts of this country, which are mostly favored by Europeans, the property purchase price has increased by more than 150% from 2022 to 2023. Currently, considering Turkey's good conditions, it is one of the ideal countries for those who plan to invest in Turkey by buying property.
In addition to selling property as a safe way to invest, you can rent out the villa or apartment you have purchased in Turkey to tourists and those who wish to rent a villa or apartment for a year or less. Due to the high number of tourists in Turkey, the cost of renting a villa is high and the demand for renting villa is also high specially in coastal prime locations like Belek .
lower price than America and Europe
Although the price of buying real estate in Turkey has increased significantly in recent years, the price of buying real estate in Turkey is still cheaper than in many European countries.
For example, Belek region in Turkey, which is considered one of the most luxurious and beautiful coastal regions of Turkey, can be compared with south Spain coastal cities, which has similar conditions. The sale price of property in Marbella is more than twice the sale price of property in Belek, Turkey.
Suitable climate and having a similar culture
Turkey has very good weather conditions in coastal cities. Usually, the coasts of the Mediterranean and Aegean seas have a Mediterranean and moderate climate, and 300 days a year are sunny. But the weather conditions of the Black Sea coasts are slightly different and in these areas the winter is colder and the amount of precipitation is higher. In any case, most of the regions of Turkey are very beautiful and green, and except for Istanbul, which has a relatively polluted climate, the rest of the cities have a clean climate.
Low cost of living compared to European countries
The cost of living in Turkey is lower than the cost of living in European countries. You can have a good and comfortable life in Turkey by having a job and an income commensurate with it. With a job with average income, you will have a good life in Turkey. In addition, you can get an insurance book or enroll your children in school.
100% ownership of the property
By purchasing a property in Turkey and obtaining title of deed (Tapu), entire ownership is for the buyer in Turkey, and after his death, the house is assigned to his heirs. Of course, in this case, the heirs will not be taxed again.
Installment purchase and loan conditions
One of the good features of buying real estate in Turkey is that you can buy the property in installments. Especially pre-sale projects in some cities that are usually sold with payment plan.
Istanbul property prices | Istanbul housing price rates
The property sale prices in Istanbul depends on various factors. Proximity to the Bosphorus Strait or far from it, proximity to the beach, type of area and neighborhood, whether the neighborhood is Asian or European side, neighborhoods outside the city or on the outskirts of Istanbul, old or newly built houses, apartments or villas, etc. Part of Factors affecting the Istanbul housing price rates.
The price of buying a house in Istanbul has increased by 202% from Jan 2022 to Jan 2023. In December 2022, the average sale price of a property in Istanbul is 3,200,000 liras.
The price of buying a two-bedroom apartment in Istanbul has increased by 368% in the last two years. The average purchase price of an apartment with a size of 100 square meters is 3,700,000 liras. The average price per square meter of an apartment is 37,000 liras.
The price of buying an apartment in Istanbul has increased more than other areas in Beyoglu, Sisli, Atasehir, Kagithane, Bacilar.
Antalya property prices | Antalya housing price rates
Antalya is one of the best cities in Turkey to buy house. This beautiful tourist city has very good conditions for buying an apartment or villa. Antalya property prices has increased by 217% from Jan 2022 to Jan 2023. In January 2023, the average sale price of a property in Antalya is 2,500,000 liras.
The apartments sale price in Antalya Lara, Muratpasa and Aksu (Altintas) areas has increased more than other areas.
The properties sale price in Kepez Antalya have increased by 246.70%. The average in the same specification for the sale of housing is 1,428,240 liras and the average area of the residential property for sale is 110 square meters and the average of each square meter is 12,984 liras.
The apartments sale price in Konyaalti Antalya has increased by 208%. The average in the same specifications for housing sales is 4,047,954 liras. The average area of the residential property for sale is 138 square meters and the price per square meter is 29,333 liras. Gursu, Uncali, Altinkum and Oluc have had the highest price increase among the different districts of Konyaalti
.
The properties sale price in Lara Muratpasa Antalya has increased by 255.40%. The average in the same specifications for the sale of housing is 3,366,000 liras. The average area of the residential property for sale is 129 square meters and the average price per square meter is 33,000 liras.
Alanya property prices | Alanya housing price rates
Alanya property prices has increased by 210% in the last year. The average in this specification for the sale of housing is 3,000,000 liras. The average area of the residential property for sale is 100 square meters and the price per square meter is 30,000 liras.
The villa sale price in Alanya has also increased dramatically. So that in the last year, the price of buying a villa in Alanya has increased by 196.04%. The average in the same specification for the sale of a villa is 6,457,088 liras. The average area of a villa for sale is 256 square meters.
Izmir property prices | Izmir housing price rates
by increasing building material prices and decreasing land with permission to build for buying property in Turkey, the city of Izmir have also seen a large price increase over the past year. So that from January 2022 to January 2023, the price of buying an apartment in Izmir has increased by 186.66%.
The average sale price of an apartment in Izmir with the same specifications is 2,200,000 liras. The average area of the apartment for sale is 120 square meters.
The average price per square meter for buying an apartment in Izmir in October 2022 is 17,200 lira.
The price of buying a house in Izmir in Balcova, Cili, Konak, Dikli, Selcuk regions has increased more than other regions.
Northern Cyprus property prices | Northern Cyprus housing price rates
In general, with property prices in Northern Cyprus increasing over the last few years, it is difficult to find a house under £100,000, especially in the larger cities such as Kyrenia. However, there are smaller flats selling for £80,000. Most properties in Northern Cyprus sell for an average price of £160,000.
Analyzing villas sale prices in Turkey
The sale price of a villa in Turkey has increased by 259% from January 2022 to January 2023. In January 2023, the average sale price of a villa in Turkey is 5,500,000 lira. The average area of a villa for sale is 250 square meters.
Taking into account the annual average, the prices of villas in January 2023 in Antalya Belek, Manavgat, Dosemealti, Konyaalti and Kemer increased more than in other areas of Antalya.
Villa sales in Izmir has also faced a significant increase in price. So that in the last one year, the sale price of buying villa in Izmir has increased by 127% until January 2023. The average price in the same specifications for the sale of a villa is 4,830,480 liras. The average area of a villa for sale is 180 square meters. The average price per square meter for buying a villa in Izmir is 26,836 liras.
Among the different regions of Izmir, Torbali, Narlidere, Dikli and Menemen have increased in price more than other regions of Izmir. Konak, Karsiyaka, Bayrakli and Cili have had the lowest price increase compared to different regions for the price of buying a villa in Izmir.
The sale price of buying villa in Istanbul has followed an exponential rate in the past year and has increased by 142.62%. The average price for buying a villa in Istanbul is 10,949,155 liras. The average area of a villa for sale is 307 square meters. The average sale price of a villa in Istanbul is 35,665 lira per square meter until January 2023.
Among the different areas of Istanbul, Atasehir, Umraniye, Sultan Ahmet, Sancak Tepe and Avcilar have seen the highest increase in the villa sale price in Istanbul in the past year.
A comparison of the villas sale price in three cities of Turkey shows that the average purchase price of a villa in Antalya is lower than in the two cities of Izmir and Istanbul. Of course, the price of buying villa in Antalya is slightly different from the price of buying villa in Izmir. On average, the price of buying a villa in Istanbul is 1.4 times higher than Antalya and Izmir.
How do I apply for Turkish residence permit?
Residence permit in Turkey is possible in different ways. Whether your purpose of obtaining a residence in Turkey is temporary or permanent will have different conditions for you.
Obtaining Turkish residence permit by buying property in Turkey
The easiest way to get residence permit is buying property in Turkey worth minimum 75,000 US dollars. By buying property, you can get the necessary conditions to get a temporary residence permit in Turkey. Of course, buying a property in Turkey has rules that you must follow in order to obtain a residence permit, for example, the property you buy must not be in a restricted areas.
By purchasing a property worth 400,000 US dollars, you can apply for permanent residence in Turkey. Note that by renting a property in Turkey, you will not have the necessary conditions to get residence permit in Turkey. (Except Ukraine nationality)
Obtaining Turkish residence permit by investment
Another way to get permanent residence in Turkey is to invest in this country. If you open a bank deposit worth 500,000 US dollars in one of the banks of this country and do not use this deposit for three years, you will obtain the necessary conditions to obtain a permanent residence in Turkey. Apart from the bank, a fixed investment with the same amount also creates the conditions for obtaining permanent residence for you.
Buying $500,000 in government bonds, buying $500,000 worth of shares in a REIT or VCT, and employing 50 Turkish people through entrepreneurship are also ways to get permanent residency in Turkey.
Obtaining Turkish residence permit through marriage or birth
If the father or mother are Turkish citizens, but their child was not born in Turkey, they can apply for Turkish citizenship. Also, by marrying a Turkish citizen for three years, you will have the necessary conditions to obtain permanent residence in Turkey.
How do I apply for a Turkish passport by buying property in Turkey?
After buying property in Turkey worth 400,000 dollars, you will obtain the necessary conditions for obtaining permanent residence and Turkish citizenship. If you wish, you can also use dual citizenship. Below we will examine the necessary documents and procedures for obtaining a Turkish passport by purchasing a property in Turkey:
Necessary steps to obtain citizenship by buying property in Turkey
Find property
The property you choose must have a value equivalent to 400,000 US dollars. No matter how many, you can buy a villa and an apartment for a total of $400,000. The property you buy must be deeded.
Buying property
The property sale contract is written between the buyer and the seller, and 10% of the contract amount is paid to the seller as a deposit.
Receive a tax number
The first step to apply for citizenship in Turkey is to get a tax number, which is done at the tax office. Note that the original passport is required to receive the tax number.
open an account
The next step to obtain turkey passport is to open a bank account in Turkey. To open a bank account, you must bring the original passport, contract of the property you purchased, and the tax number.
Money transfer
At this stage, the total purchase amount of the property is transferred from the buyer's account to the seller's account, it is mandatory to write the description and specifications of the property for Turkish citizenship.
Transferring Tapu
The property deed is given to the buyer in the name of the buyer with a description of citizenship and non-sale of the property for up to 3 years.
Turkish residency application
After receiving the document, necessary steps are taken to obtain Turkish residence
Application for Turkish citizenship
With Turkish residency, your application for Turkish citizenship through investment will be sent.
Necessary documents to obtain citizenship by buying property in Turkey
• Filling the application form to obtain a Turkish passport
• Providing a valid passport and a copy of it, your passport must be valid for the requested period of stay in Turkey.
• 4 biometric photos of each member of your family
• Birth certificate
• Residence permit
• If necessary, documents that prove your relationship with your spouse and children (marriage certificate, birth certificate for children)
• Tax payment receipt
• Property purchase price evaluation report (expertise)
• Bank receipt confirming payment of at least $400,000
• Ownership document or notarized commitment to purchase property