A Guide to Real Estate Investment in Turkey
With its unique cultural heritage, rich history, and strategic location, Turkey is a global hub for both vacation home seekers and international investors. Regions such as Fethiye, Antalya, and Bodrum, in particular, stand out for their luxury residential options where modern architecture meets nature. Compared to other European countries, the transparency of the property acquisition process in Turkey and its high potential for investment returns make the region a safe haven.
Purchase Conditions for Foreign Nationals
In Turkey, foreign nationals may acquire property in their own names provided they comply with legal restrictions. The key criteria are as follows:
The property must be located outside military restricted zones and security zones.
The total real estate ownership must not exceed 10% of the relevant district’s land area.
A maximum of 30 hectares of real estate may be purchased per person nationwide
A Guide to Real Estate Investment in Turkey
With its unique cultural heritage, rich history, and strategic location, Turkey is a global hub for both vacation home seekers and international investors. Regions such as Fethiye, Antalya, and Bodrum, in particular, stand out for their luxury residential options where modern architecture meets nature. Compared to other European countries, the transparency of the property acquisition process in Turkey and its high potential for investment returns make the region a safe haven.
Purchase Conditions for Foreign Nationals
In Turkey, foreign nationals may acquire property in their own names provided they comply with legal restrictions. The key criteria are as follows:
The property must be located outside military restricted zones and security zones.
The total real estate ownership must not exceed 10% of the relevant district’s land area.
A maximum of 30 hectares of real estate may be purchased per person nationwide.
Step-by-Step Secure Purchase Process
- Identifying the Right Property
Based on your investment goals (lifestyle, rental income, or capital appreciation), we present the most suitable options from our portfolio. We provide consultation across a wide range of properties, from modern villas along the coast to residences in city centers. - Appraisal Report and Legal Procedures
In accordance with current laws, a SPK-Licensed Appraisal Report (Appraisal) is mandatory for foreign property purchases to determine the property’s value. This report officially confirms the property’s actual value and whether there are any mortgages or encumbrances on it. - Notarized Translation and Tax ID Number
For your security, the entire process is accompanied by sworn translators. Your passport is translated, your personal tax ID number is obtained from the tax office, and an account is opened for you at a local bank. - Title Deed Application and Foreign Currency Purchase Certificate (DAB)
Under regulations effective since 2022, foreign buyers are required to sell the foreign currency equivalent of the sales price to a Turkish bank and obtain a “Foreign Currency Purchase Certificate.” Without this certificate, the title deed transfer cannot be completed. We meticulously manage this entire bureaucratic process on your behalf.
Title Deed Application and Foreign Currency Purchase Certificate (DAB)
Under regulations that took effect in 2022, foreign buyers are required to sell the foreign currency equivalent of the purchase price to a Turkish bank and obtain a “Foreign Currency Purchase Certificate.” The title deed transfer cannot be completed without this certificate. We meticulously manage this entire bureaucratic process on your behalf. - Title Transfer and Property Handover
Ownership is officially transferred to you upon signing the documents in the presence of both parties at the Land Registry Office. At this stage, your Title Deed and the Occupancy Certificates, which grant permission to use the property, are provided to you.
Post-Sale Support (After-Sales)
We remain by your side even after you’ve taken possession of your property. Our professional team provides solutions for your annual property tax declarations (0.3% for land, 0.1% for residential properties; double the rate applies in metropolitan areas), property insurance, rental management, and renovation needs.
As Hisarkaya Real Estate, we ensure your investment journey in Fethiye and the surrounding area is completed on a legal foundation, safely, and transparently.
Important Notes to Consider:
Occupancy Certificate: You must ensure that the property you are purchasing has an “Occupancy Permit” (İskan).
Payment Method: All payments must be made via bank transfer, and the property title information must 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 400,000 USD.
