Buy Property in Turkey 2026: Prices, Process and Costs

Indicative property budgets in 2026

Price varies sharply by city, district, building age, title-deed status, earthquake resilience, view, project services and payment plan. Compare the complete acquisition cost rather than the headline price.

Which city fits your goal?

• Istanbul: the widest international buyer market, broad property choice and generally stronger resale liquidity, with substantial differences between districts.
• Antalya: lifestyle and tourism-oriented demand; location, seasonality and rental-management costs require careful comparison.
• Izmir: a more local, lifestyle-led market where neighbourhood selection is especially important.
• Ankara: practical for local demand and long-term use, but less internationally driven than Istanbul.

Purchase process

1. Define the total budget, currency, intended use and legal objective.
2. Shortlist the city and district before comparing individual listings.
3. Verify the seller, title deed, debts, liens, zoning, building records and occupancy status.
4. Obtain the required valuation and legal suitability checks before paying a non-refundable deposit.
5. Agree the price, payment schedule, fixtures and handover terms in writing.
6. Complete title-deed transfer, insurance, utilities and post-purchase registrations.

Main purchase and ownership costs

• Title-deed transfer tax and related land-registry charges.
• Valuation report, sworn translator, notary and power-of-attorney costs where applicable.
• DASK compulsory earthquake insurance, home insurance and utility subscriptions.
• Legal or professional due diligence and agency/service fees where applicable.
• Annual property tax, project dues (aidat), maintenance and potential rental-income taxation.

Ask for a written cost sheet for the specific property. Taxes and fees depend on the transaction and should not be estimated from a generic percentage alone.

Property residence permit

Buying property does not automatically grant residence. Current official application documents state that the property must be residential, used by the foreign owner as a home and worth at least USD 200,000 equivalent in Turkish lira on the acquisition date. Address eligibility, supporting documents and the applicant's circumstances are also reviewed, so approval is not guaranteed.

Turkish citizenship by property investment

The official real-estate investment threshold is at least USD 400,000 or its foreign-currency equivalent. The property must meet valuation and eligibility requirements, and a restriction preventing its sale for at least three years must be recorded on the title deed. Confirm suitability before transferring money because not every property at the required price qualifies.