Turkey has become a global hotspot for foreign investors thanks to its economic advantages and high living standards. Granting property acquisition rights to citizens of over 180 countries makes Turkey a highly attractive market. With expert guidance from Antalya Development, investing in real estate in Turkey and obtaining a residence permit is easy and secure.
How Does the Property Acquisition Process for Foreigners Work in Turkey?
The property acquisition process for foreigners in Turkey is highly accessible and straightforward. Thanks to supportive regulations, foreigners can purchase apartments, villas, commercial properties, or land. For the latest investment opportunities, make sure to explore the Real Estate Listings in Antalya. After acquiring a property, you can apply for a short-term residence permit and enjoy living in Turkey.
Requirements for Obtaining a Residence Permit Through Real Estate Investment
To apply for a residence permit, the property must be officially registered and classified as an independent unit. As of October 16, 2023, a minimum investment value of USD 200,000 is required for residence permit applications. Those seeking Turkish citizenship must invest at least USD 400,000 and commit to retaining the property for at least three years.
Important Points to Consider When Buying Property in Turkey
When selecting a property, it is crucial to ensure that it is not located within military or security zones where foreign ownership is restricted. For properties still under construction, a “construction servitude title deed” (kat irtifakı) is sufficient, but an official valuation report must be obtained.
Title Deed Procedures: Essential Documents for a Secure Purchase
During the property acquisition process, an application must be submitted to the Land Registry Office. Required documents include the title deed, passport, municipal property value certificate, earthquake insurance (DASK), a property valuation report, and biometric photographs. Non-Turkish speakers must also be accompanied by a sworn translator. If you are abroad, you can complete the process via Remote Title Deed Transfer services offered by Antalya Development.
Title Deed Fees and Other Costs You Should Know
During title deed transactions, both the buyer and seller are required to pay a 2% fee based on the declared property price. Additionally, for 2024, the revolving fund fee is approximately 822 TL, but it can reach up to 6,000 TL for transactions involving foreigners. These fees can be paid online via the Revenue Administration’s website or through local banks.
Residence Permit Application After Acquiring Property
Once the title deed is obtained, the residence permit application must be initiated through the e-Residence system. After filling out the application form, an appointment must be scheduled with the Provincial Directorate of Migration Management. Required documents include a copy of your passport, application form, health insurance policy, copy of the title deed, and four biometric photos. The process typically takes 1 to 1.5 months.
Renewing Your Residence Permit: Key Tips for a Smooth Process
Renewal applications must be submitted no later than 60 days before the expiration of your current permit. As long as you maintain ownership of the property, your permit can be extended. Additionally, your spouse and children under 18 are also eligible to apply for residence permits based on family ties.
Property Tax Obligations and Payment Deadlines in Turkey
All property owners in Turkey, including foreigners, must pay property taxes. As of 2025, the standard tax rates are 0.1% for residential properties and 0.2% for commercial properties. In metropolitan municipalities like Antalya, these rates are doubled. To stay informed about tax updates, visit the 2025 Real Estate Tax Guide for Turkey.
Turkish Citizenship by Investment: A Golden Opportunity
For those looking to settle more permanently, investing at least USD 400,000 in real estate provides eligibility to apply for Turkish citizenship. You must also commit to retaining ownership for at least three years. With careful planning and expert assistance, the citizenship process can be streamlined and efficient.
Unlock the Gateway to a Peaceful Life in Turkey
Investing in real estate and securing a residence permit in Turkey opens the door to a higher quality of life and substantial investment gains. Selecting the right property, completing the legal procedures accurately, and staying compliant with tax obligations are key to success. With expert guidance from Antalya Development, you can confidently embark on your investment journey and start your new life in Turkey.
