Turkey
FAQ about buying property in Turkey
Can Foreign Citizens Get Turkish Citizenship?
Yes, they can.
The Turkish citizenship by investment program is open to foreign citizens!
How to obtain Turkish citizenship through the purchase of real estate in 2023?
It is necessary to buy real estate in the amount of 400 thousand dollars - of it’s cadastral value!
You can buy residential, commercial real estate or land. After three years, the investor has the right to sell the property.
Can I buy several properties for the required investment amount?
If you are buying a property under construction and it does not yet have a certificate of ownership (TAPU), you can apply for citizenship with such an object under a notarized contract of sale. So, in the application for citizenship there can be only one such agreement. That is, it is possible to recruit several objects for a passport for 400 thousand, but from one developer and one contract.
If you attach ready-made certificates of ownership to your citizenship application, there are no restrictions. You can attach several tapu received at different times. The main thing is that the cadastral value in total exceeds 400 thousand dollars.
Is it possible to get a residence permit in Turkey when buying a property?
Yes, you can! The minimum purchase amount is from 50 thousand dollars in small cities, and from 75 thousand dollars in megacities (Istanbul, Antalya, Izmir).
A residence permit is issued for a period of 1 year with the possibility of extension. The main condition is that the property continues to be owned.
In which city is it better to buy property?
- Antalya
- Alanya
- Istanbul
- Bodrum
- Fethiye
- Mahmutlar
- Mersin
How much does property cost in Turkey?
The median price per square meter is $963, according to Numbeo.com.
Real estate prices are highly dependent on the region. In megacities and on the coast, objects are 2-3 times more expensive.
Average price per square meter when buying an apartment in Turkish cities:
- Bodrum - 2570 $
- Istanbul - 1881 $
- Bursa - 1076 $
- Izmir - $992
- Antalya 925 $
- Alanya - 912 $
- Gebze - $484
. Best real estate deals in Turkey
- Flats, apartment 741
- Houses, Villas, Cottages 154
- Twin Houses 12
- Hotel Apartment 2
- Penthouses 17
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