Türkiye’s Real Estate for Expats: What You Should Know

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Türkiye has quickly become one of the top destinations for expats looking to invest in real estate, and it’s not hard to see why. From stunning coastlines and rich history to an affordable cost of living and a vibrant culture, Türkiye offers an appealing lifestyle—whether you’re looking for a holiday home, a retirement haven, or a new chapter abroad.

If you’re considering buying property in Türkiye as an expat, here’s everything you need to know before taking the plunge.

1. Why Türkiye? The Rising Appeal

Over the past decade, Türkiye has seen a significant uptick in foreign property buyers. Cities like Istanbul, Antalya, Alanya, and Bodrum have become real estate hotspots for expats from Europe, the Middle East, and beyond.

Key reasons for the boom:

  • Affordable prices compared to Europe or the U.S.

  • Turkish Citizenship by Investment programs

  • Mild climate and scenic locations

  • A strong rental market in touristic areas

2. Who Can Buy Property in Türkiye?

Most nationalities can purchase real estate in Türkiye, but there are a few exceptions due to reciprocity agreements. EU citizens, Americans, Russians, Middle Easterners, and many others face no legal obstacles when purchasing.

Pro tip: It’s always best to check with a Turkish lawyer or real estate professional to confirm your eligibility and ensure the process runs smoothly.

3. The Buying Process: Step by Step

Buying property in Türkiye is relatively straightforward, especially with a local agent or consultant guiding you. Here’s how it usually works:

  1. Find a reputable real estate agent

  2. Choose your property (new build, resale, or off-plan)

  3. Secure your tax number from the local tax office

  4. Open a Turkish bank account

  5. Sign a sales agreement and pay a deposit

  6. Hire a sworn translator for legal documents

  7. Get a property valuation report (required by law)

  8. Apply for the Title Deed (Tapu) at the Land Registry Office

The entire process typically takes 2 to 6 weeks.

4. Costs to Expect

Besides the property price, factor in:

  • Title deed transfer tax: ~4% of property value

  • Agency fees: usually 2-3%

  • Legal fees: around $1,000 – $2,000

  • DASK insurance (mandatory earthquake insurance)

  • Annual property tax: varies by location and value

5. Residency and Citizenship Options

Buying property in Türkiye can open the door to longer stays—and even citizenship. Here’s how:

  • Residence Permit: Buy any property and you’re eligible for a renewable residency permit.

  • Citizenship by Investment: Invest $400,000 USD or more in real estate and hold it for 3 years—you can apply for Turkish citizenship.

This makes Türkiye an attractive option for those seeking a second passport.

6. Hotspots for Expats

Some of the most popular areas for expat property buyers include:

  • Istanbul: A global city with culture, business, and booming development

  • Antalya & Alanya: Mediterranean lifestyle with sun-soaked beaches

  • Bodrum: Aegean beauty, perfect for luxury living or vacation homes

  • Fethiye: A favorite among Brits for its relaxed lifestyle and natural charm

7. Things to Watch Out For

While Türkiye is welcoming to expats, it’s important to:

  • Work with licensed agents and lawyers only

  • Avoid buying land without checking zoning laws

  • Make sure the property is debt-free and has a clear title

  • Double-check off-plan projects and developer reputation

Final Thoughts

Türkiye’s real estate market holds tremendous opportunity for expats—whether you’re seeking investment, retirement, or a new place to call home. With proper due diligence, the right guidance, and a little local know-how, you can make a smooth transition into property ownership in one of the world’s most captivating countries.

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