Who Can Buy Property in Turkey?
Turkey welcomes property investments from citizens of nearly every country, with only a few exceptions such as Syria, Armenia, North Korea, Nigeria, and Cuba. Citizens from other nations like Iraq, Iran, and Palestine may need special permissions, particularly for agricultural lands, but generally, the property market is open and accessible.
Streamlined Buying Process
The Turkish government has optimized the property purchasing process to be quick and efficient, making it easier for foreigners compared to many other countries. At Property Turkey, our dedicated team of legal experts and consultants ensures a seamless experience from beginning to end, alleviating any concerns you might have.
Who Buys Property in Turkey?
In 2019, foreign buyers acquired over 45,000 properties in Turkey. Iraqis topped the list, followed by Iranians, Russians, Saudis, and Afghans, many of whom also seek Turkish citizenship through their investment.
Popular Locations for Foreign Buyers
Istanbul leads as the top location for foreign property buyers, followed by Antalya, Ankara, and Bursa. British buyers and other Europeans often favor the Mediterranean coast, particularly the Mugla region and areas serviced by international airports.
Types of Properties Available to Foreigners
Foreigners can purchase up to 30 hectares of property, with restrictions on the total land area percentage in any given town. Properties near military zones are generally off-limits.
Residency and Citizenship by Investment
Buying property in Turkey does not require residency. However, new property owners can receive a one-year residence permit. Additionally, there is a highly attractive citizenship-by-investment program where a property purchase worth at least $250,000 can lead to Turkish citizenship, a policy that has already attracted thousands of foreign investors.
At Property Turkey, we’re more than just real estate agents; we’re your partner in navigating the vibrant Turkish property market. Whether you’re looking for a holiday home or a permanent residence, we guide you through every step to ensure a smooth and successful property acquisition. Discover how you can start your property journey in Turkey with us today. Visit Property Turkey.