Assistance with the сhoice
Learn which property is of the best quality of construction and is in an attractive area for living or renting.Property types in Turkey
Studios, apartments, villas, and townhouses are listed for purchase. Investors can also buy shares in hotel complexes, premises for offices and shops, land plots, and marinas. Available properties and real estate projects depend on the selected country and the terms of the investment citizenship or residency program.
Frequently asked questions
Can I buy an apartment in Turkey without citizenship?
Yes, you can. All foreigners are allowed to buy real estate in Turkey, except for citizens of seven countries: Syria, Armenia, Cyprus, Cuba, Taiwan, North Korea and Eritrea. For citizens of other countries, small restrictions may apply: for example, Russian citizens will not be able to buy real estate on the Black Sea coast.
When buying real estate for a specific amount, foreigners can apply for a Turkey residence permit or Turkey citizenship.
What does buying an apartment in Turkey give you?
Foreigners can get a residence permit or citizenship in Turkey if they purchase an apartment. To get a residence permit, you need to buy an apartment worth:
$50,000 or more — in small cities of the country, such as Alanya or Fethiye;
$75,000 or more — in metropolitan areas, such as Istanbul or Izmir.
Turkish citizenship is issued for the purchase of one or more apartments for a total amount of $400,000 or more. The main condition: choosing an apartment that has never been purchased by other investors who participated in the citizenship program.
How much does an Istanbul apartment cost?
The apartment price range in Istanbul is wide — from $170,000 to $8,000,000 approximately. The price of an apartment depends on the city area, the prestigiousness
of the residential complex, the sea proximity, and other factors. For example, a one-room apartment of 63 m² in the city centre costs about $550,000, and a similar apartment on the city outskirts costs about $200,000.
How much does a studio apartment in Alanya cost?
The cost of real estate in Alanya is almost the same as the national average: about $912 per 1 m². A studio apartment in the centre of Alanya costs approximately $120,000, and a studio on the seaside costs about $200,000.
Where is the best place in Turkey to buy an apartment?
On average, apartment prices in Turkey grow by 6,7% every quarter. Residential real estate prices grow especially fast in Istanbul, Antalya, Izmir, and Ankara. In 5—10 years real estate in these cities can be resold for a price that is 2—3 higher.
In Istanbul and Ankara, apartments can be rented out all year round — for example, to students or foreign businessmen.