If you are reading this, you obviously are curious to know if you can or not buy a property in any town of Turkey.
Before 2012, Turkish laws regarding foreigners ownership were very strict, and mostly based on mutuality, meaning that if a Turkish citizen can buy a property in your country, you would also be able to buy a property in Turkey. However, in 2012 new laws made it easier for citizens of over 120 countries to buy a property in Turkey. Based on new laws, almost every citizen from major countries have rights to buy a property in Turkey.
(If you want to check, than have a look to the uppdated list below)
If you are a citizen from these countries, you can NOT buy a property in Turkey:
North Korea, Cuba, Nigeria, Armenia, Yemen, Syria.
Special conditions are available for Syrians, please contact us for further details
If you are a citizen from these countries, special conditions apply: China, Israel, Fiji, East Timor, India, Palestine.
If you are a citizen from these countries, you can buy a property without any special permission: USA,Germany,Jordan,Denmark,UAE, Saudi Arabia, Azerbaijan, Uzbekistan, Kuwait, Kazakhstan, Turkmenistan, Argentina, Belgium, Belize, Benin, Bosnia and Herzegovina, Brazil, Bulgaria, Burkina, Faso, Burundi, Chad, Dominican Republic, Estonia, Republic of Cote D'Ivoire, Finland, France, Gabon, Gambia, Guinea, South Africa, South Korea, Georgia, Croatia, Holland, Sweden, Switzerland, Italy, Canada, Kenya, Northern, Cyprus, Colombia, Kosova, Kirgizistan, Libya, Lebanon, Luxembourg, Mali, Moldova, Monaco, Namibia, Niger, Norway, Poland, Portugal, Peru, Romania, Serbia, Slovakia, United Kingdom, Ireland, Iran, Iraq, Spain.
Restrictions apply for some special type of properties (historically classified properties etc.)
Please use below form for send us an email if you are looking for a specific type of property and we will happily provide all information for you.
If you have the right to buy a property in Turkey, ownership rights are exactly the same for both Turkish citizens and non-Turkish citizens.
The first thing to know is that Turkish properties are Freehold, meaning that once you own it, you have %100 right on it (contrary to Leasehold, where, for example as in some countries like Dubai etc. you actually own the rights of the property for a certain time – 49 years, 99 years etc..)
When your purchase is fully paid, the Seller will deliver the rights of the property to you, and a new TAPU (title deed, click here Blogg TAPU ya link var) for a picture of a sample TAPU) will be issued on your name. Once the TAPU registered on your name, you now own all the rights on the property, i.e you can sell it back anytime you want, rent it as much as you want, and as long as you want, keep it for life, donate it, use it for a loan, in short, the property is yours and free to you to make whatever you want with it.
There are some few details which you should know before you start your purchase of property in Turkey.
We can divide the conditions into 2 categories:
- Condition about your nationality
- Condition about both Turkish and non-Turkish nationals
Condition about your nationality:
- If you want to buy only 1 property, or make a few investments, than we can say that there are no specific rules (Please check “Can I buy a property in Turkey” for more details). However if you are planing to make larger investments, purchase land etc, than some restrictions will apply.
These are the conditions for non-Turkish national, no matter if they can buy or not a property in Turkey:
- Non-Turkish can NOT buy over 10% of a town’s land
- Non-Turkish can NOT buy over 300.000 m2 of land in Turkey (no matter if bought as a whole or in different pieces and locations) without special permission from the Ministry of Interior
- Non-Turkish can NOT buy a property staying within a perimeter of 400 mt to a military zone
- The following are rules based on the Nationality of the Buyer
Citizens of Greece: Greek citizens are NOT allowed to purchase a property in any locations in Turkey with a border to the sea. They CAN buy in other locations.
Citizens of Russia & Ukraine: Can NOT buy in cities with border to the Black Sea.
Citizens of Morocco: No agricultural land purchase permitted.
Citizens of Egypt: No agricultural land purchase permitted.
Citizens of Latvia: No agricultural land purchase permitted.
Citizens of Afghanistan: No agricultural land purchase permitted and special permission needed for purchase of other type of properties.
Citizens of Albania: No agricultural land purchase permitted.
Once you have chosen your property you wish to buy in Turkey and made the full payment for the property, the TAPU procedure is engaged. What is commonly known as the TAPU procedure is the process during which the Seller is ready to deliver the rights of the property to you. Depending on the location where you have bought your property (i.e in a big city as Istanbul vs. in a small coastal resort as Alanya) the procedure usually takes anything between a few couple of days up to 10 days depending on how busy the TAPU Office is.
You need your valid passport, Turkish tax number which we help you to get it from Turkish tax office and 2 passport size photos.
Yes you need to pay purchase tax when you buy your property in Turkey. Prior to getting your TAPU and depending on the terms and conditions as agreed with the Seller, you will be asked to pay a “Property Purchase Taxe” of 4,4% based on value of the property.) This fee has to be paid on day of delivery of the TAPU
Our colleagues will take care of everything and all you will be asked to do is to come and sign the papers to get your TAPU at Turkey tapu offices.
Surely you can! But not every bank in Turkey give mortgage to non-Turkish citizens, few of the major banks have well implemented systems and attractive rates for all foreigner property buyers.
Please send us an email for more information about rates and documents needed for a mortgage.
Please click here to read our complete guide about how to get a mortgage in Turkey.
Property prices are usually in Turkish Lira and/or Euros and/or US Dollars. While the Turkish Lira is widely accepted as the basis for all prices, most Sellers are flexible to accept in the currency of origin of the Buyer.
Once the terms and conditions for the purchase agreed, most sellers will usually provide you with bank details and IBAN number matching the currency agreed on. All and all, money transfer is easy and safe, so you don’t have to worry about it.
Do you have to be worry before buying a property in Turkey? The answer is NO, of course if you have done your homework like you should do, and get help from professionals.
So what means "doing your homework" and "get help fom professionals".
Doing your homework means that you should first know what to ask when visiting a property, so let’s check few important details for you.
There are 2 types of property in Turkey to purchase:
- Off plan and/or under construction
- Completed properties
These are the questions you should ask:
For off plan and/or under construction projects
Does the project have a construction license?
No construction license, no right to construct, this is simple as that. Few developers sometimes choose to start to build before they get a building license, usually in order to win some time, however we, as Jasmine Homex, never take our Clients to such Companies for basic safety concerns.
You can ask the developer to show you a copy of the Construction License, which they usually are happy to share with you.
Buying off plan and/or under construction means that you are ready to wait for a certain time (sometimes year) before getting your property. You have to make sure that property will be delivered on time and as promised by the Construction Company, and get a compensation if and when things go wrong.
While this question may seem obvious, surprisingly many new homebuyers omit to ask it. A site without a proper management is literally a nightmare waiting right at the corner. While some properties look beautiful on the inside, a complex poorly managed (even sometimes not managed) will quickly become a problem, so it’s always good to know who manages the complex, what are the fees, and what are included in it.
A last note about the management fee: always make sure that you will only be responsible for paying management fees starting from day you take delivery of your apartment, and not be responsible for previous periods.
Our suggestion: If the complex hasn’t got a proper management established, please think about it twice.
While it may seem surprising as a question, even some new properties, which have never been used before, may come with utility debts, coming directly from debts owned by the developer used during the construction. Always make sure to ask to write on the sales contract that you will not be responsible for debts prior to taking delivery of the property.
Do NOT worry, We help you to avoide properties that aren't 100% legal so you can rest assured.