REAL ESTATE INVESTMENT GUIDE IN TURKEY
Turkey, with its unique cultural heritage, deep-rooted history, and strategic location, is a global attraction for both holiday home buyers and international investors. Regions such as Fethiye, Antalya, and Bodrum particularly stand out with luxury residential options where modern architecture meets nature. Compared to many European countries, the transparency of the property acquisition process in Turkey and the strong potential for investment returns make the country a secure destination for real estate investment.
PURCHASE REQUIREMENTS FOR FOREIGN NATIONALS
Foreign nationals can acquire property in Turkey in their own name, provided that legal restrictions are complied with. The main criteria are as follows:
The property must not be located within military restricted zones or security zones.
The total immovable property ownership must not exceed 10% of the surface area of the relevant district.
A foreign individual may purchase up to 30 hectares of immovable property across Turkey.
STEP-BY-STEP SECURE PURCHASING PROCESS
- SELECTING THE RIGHT PROPERTY
Based on your investment objective, whether lifestyle, rental income, or capital appreciation, we present the most suitable options from our portfolio. From modern villas along the coastline to residences in city centres, we provide consultancy across a wide range of property types.
- RESERVATION AND SALES AGREEMENT
To secure the property you have chosen, a Sales Agreement is prepared. At this stage, details such as the property price, payment plan, and delivery date are formally recorded. A small deposit is paid to remove the property from the market.
- VALUATION REPORT AND LEGAL PROCEDURES
Under current regulations, a Capital Markets Board-licensed valuation report is mandatory for property purchases by foreign nationals. This report officially confirms the true value of the property and whether there are any mortgages, liens, or legal annotations registered against it.
- NOTARISED TRANSLATION AND TAX IDENTIFICATION NUMBER
For your security, sworn translators accompany you throughout the process. Your passport is translated, your personal tax identification number is obtained from the tax office, and a local bank account is opened on your behalf.
- TITLE DEED APPLICATION AND FOREIGN CURRENCY PURCHASE DOCUMENT
Under the regulation introduced in 2022, foreign buyers are required to sell the foreign currency amount of the purchase price to a Turkish bank and obtain a “Foreign Currency Purchase Document”. Without this document, the title deed transfer cannot be completed. We carefully manage this entire bureaucratic process on your behalf.
- TITLE DEED TRANSFER AND HANDOVER OF OWNERSHIP
With the signatures completed at the Land Registry Office in the presence of all parties, ownership is officially transferred to you. At this stage, your title deed and the occupancy permit documents for the property are provided to you.
AFTER-SALES SUPPORT
We remain by your side even after you take delivery of your property. From the declaration of your annual property taxes — 0.3% for land and 0.1% for residential properties, doubled in metropolitan municipalities — to property insurance, rental management, and renovation needs, our professional team provides reliable solutions.
As Hisarkaya Real Estate, we ensure that your investment journey in Fethiye and the surrounding region is completed on a secure, transparent, and legally sound basis.
IMPORTANT UP-TO-DATE NOTES TO CONSIDER:
OCCUPANCY PERMIT: You should always make sure that the property you purchase has a valid “Building Occupancy Permit”.
PAYMENT METHOD: All payments should be made through bank transfer, and the title deed details should be included in the payment description.
CITIZENSHIP: If you wish to apply for Turkish citizenship through investment, the minimum investment amount is currently set at USD 400,000.
