Purchaser Guide in Turkey
Are you considering purchasing a property in Turkey?
At that point you have to peruse the purchaser control delivered by Hurr Emlak Real Estate. This instructive, free guide will give you the down and out on what you have to do previously, amid and after the deal has been finished.
And in addition point by point data about the genuine purchasing process, there is exhortation on each part of living and working in Turkey.
Would I Be Able to Purchase in Turkey?
According to the laws and regulations in force in the Republic of Türkiye, foreigners are allowed to own real estate in Turkey, including residential apartments and commercial properties, without the requirement of reciprocity. This applies to citizens of Arab countries and most nationalities, subject to specific legal regulations related to permitted areas, property type, and size.
Turkey is considered one of the leading destinations for real estate investment, offering a secure legal environment and promising investment opportunities that combine stability, a wide range of options, and attractive returns for foreign investors.
Property ownership is subject to legal conditions and procedures determined by the official Turkish authorities and may vary depending on the buyer’s nationality and the location of the property.
Is Property in Turkey a Decent Venture?
One of the friendliest and most delightful places on earth, Turkey is adored for its staggering coastlines, grand climate and reasonable property costs. Turkey flaunts a solid economy and a youthful, cosmopolitan populace prompting developing interest by outside purchasers, particularly those from the Middle East. Growing framework and inventive ventures have prompted far reaching media enthusiasm with profoundly respected engineers and architects picking Turkey to exhibit their work.
Expenses to Purchase a Property
Title Deed Registration Tax (Tapu Tax)
4% of the property value registered in the title deed.
Example:
Property value: USD 100,000
Title deed tax: USD 4,000
This tax is usually shared equally between the buyer and the seller unless otherwise agreed.Property Valuation Report Fee (Ekspertiz Raporu)
A mandatory report when applying for Turkish citizenship or a real estate residence permit.
Approximate cost: USD 200 – 250.Title Deed Transfer Fees
Fixed administrative fees.
Approximate cost: around USD 1,000.Mandatory Earthquake Insurance (DASK)
Annual mandatory insurance.
Starting from: USD 50 – 60, depending on the size and location of the property.Foreign Currency Exchange Fee (Mandatory)
Conversion of the property value from USD (or any foreign currency) into Turkish Lira through an authorized Turkish bank.
Exchange fees vary by bank and are usually between 0.5% – 1% of the amount.Real Estate Agency Commission (If Applicable)
According to agreement, commonly:
3% of the property value
Example:
Property value: USD 100,000
Agency fee: USD 3,000.
Documentation Required
To complete a property purchase in Turkey in a legal and official manner, a foreign buyer must prepare the following documents:
Valid passport
With a notarized Turkish translation.Turkish tax number
Obtained from the Turkish Tax Office.Recent personal photos
Two (2) biometric photographs.Mandatory Earthquake Insurance (DASK)
Issued for the property being purchased.Bank account in Turkey
In the buyer’s name, used for payment and transfer transactions.Foreign currency exchange to Turkish Lira (Mandatory)
By law, the property value must be converted from USD or any foreign currency into Turkish Lira through an authorized Turkish bank. An official currency exchange document (Döviz Alım Belgesi) must be obtained and submitted within the title deed (tapu) file.Power of attorney (if applicable)
Required if the purchase is completed through a legal representative.
Do I Need a Lawyer When Buying or Selling Property in Turkey?
In property purchase or sale transactions in Turkey, hiring a lawyer is not a legal requirement. All procedures can be officially completed through the Title Deed Office (Tapu) with the assistance of a licensed and experienced real estate company.
At Hurr Emlak, we handle the entire property buying and selling process and follow up on all legal aspects related to the property, including:
Verifying the validity of the title deed
Ensuring the property is free from debts or legal issues
Preparing the title deed (tapu) file
Following up on property valuation and foreign currency exchange
Completing the ownership transfer in a secure and official manner
When is it recommended to hire a lawyer?
It is recommended to hire a lawyer when purchasing property for the purpose of obtaining Turkish citizenship, to handle:
The citizenship application file
Verification that the property meets citizenship requirements
Preparation and follow-up of legal and administrative citizenship procedures
Summary:
✔️ A lawyer is not required for standard property buying or selling
✔️ A lawyer is recommended for Turkish citizenship transactions
✔️ A trusted real estate company is sufficient to manage the buying and selling process legally
The Purchasing Procedure in Turkey
The process of purchasing property in Turkey goes through several well-organized stages, all carried out in accordance with the applicable laws and regulations:
Choosing the Right Property
After selecting a property that suits the buyer’s needs and budget, the real estate company reviews the legal status of the property and ensures that the title deed is valid and free from any debts or legal issues.Reservation Agreement and Deposit Payment
To ensure seriousness and protect the rights of all parties, it is recommended to sign a reservation agreement between the buyer and the seller, or their legal representatives. The agreement includes:Details of both parties
Property information
Agreed price
Timeframe for completing the title deed transfer
Deposit amount and its terms
An agreed deposit is paid upon signing the agreement and is deducted from the total property value upon completion of the purchase.
Preparation of Documents
The buyer prepares the required documents, such as:Translated and notarized passport
Turkish tax number
Personal photographs
Opening a bank account if required
Foreign Currency Exchange
The property value is converted from foreign currency into Turkish Lira through an authorized Turkish bank, and the required official currency exchange document is obtained for title deed procedures.Transfer of Ownership (Title Deed – Tapu)
Ownership transfer is completed officially at the Title Deed Office in the presence of the buyer or their legal representative, after payment of the required fees and taxes.Property Handover
After the title deed is registered, the property is handed over, keys are delivered, and utility subscriptions can be transferred to the new owner’s name.
Note: Hiring a lawyer is not required for standard property purchase transactions. A licensed and trusted real estate company is responsible for following up on all legal procedures related to the property.
How Long Does the Property Purchase Process Take in Turkey?
The property purchase process in Turkey usually takes between 7 to 14 days, provided that all required documents are complete and there are no legal obstacles.
The duration depends on:
Readiness of the buyer’s documents
Foreign currency exchange procedures
Availability of an appointment at the Title Deed Office (Tapu)
Property valuation process
Property Valuation Process and Duration
The property valuation is carried out through the real estate company and obtained directly from the relevant municipality based on the official property records.
The valuation process at the municipality takes approximately 5 minutes only
The valuation is approved immediately and directly added to the title deed (tapu) file
There is no long waiting period for issuing the valuation
Note:
Property valuation is a mandatory procedure, and ownership transfer cannot be completed without it.
Quick Summary for the Website:
⏱️ Total purchase duration: 7 – 14 days
🏢 Valuation: Directly from the municipality via the real estate company
⚡ Valuation time: Approximately 5 minutes through the official authority
📄 Title deed issuance: Completed officially after valuation approval
The purchasing procedure for the most part takes up to eight to 12 weeks, anyway since legitimate changes presented in 2013, this period can be drastically lessened. Once the deeds including Iskan are prepared for issue, merchants acknowledge the adjust of the asking installment. Expenses will likewise be payable at the deed issue time. The legal counselor will then attract up an agreement to finish the exchange. Late changes in rules overseeing property possession presently implies remote purchasers can get the title deeds, known as TAPU, quicker.
How Might I Fund My Property?
Some Turkish banks offer mortgage financing options for foreigners under specific terms and conditions, which usually include:
Financing ratios that vary depending on the bank and the buyer’s nationality
Repayment periods determined after reviewing the applicant’s file
Competitive interest rates compared to the market
Our Role as a Real Estate Company
We accompany our clients throughout all stages of the process, including:
Selecting a property that meets mortgage eligibility requirements
Coordinating with authorized Turkish banks
Preparing and submitting the mortgage application file
Following up on property valuation and bank approval
Completing the purchase process and title deed transfer
Important Notes:
Mortgage financing is subject to the bank’s final approval.
Conditions vary depending on the buyer’s nationality, income, and property type.
Mortgage loans for foreigners are offered within regulated financing ratios and in accordance with Turkish regulations.
Our goal is to simplify the property ownership process for our clients by providing secure and reliable financing solutions that combine real estate expertise with official banking procedures.
Quick Summary for the Website:
🏦 Mortgage financing for foreigners through Turkish banks
📑 Full follow-up of the mortgage application file
🏡 Property purchase and financing in one integrated service
Can I Rent Out My Property in Turkey?
Successful real estate investment starts with making the right choice.
Under the new Turkish regulations, renting out any property is no longer automatically permitted, especially for short-term or touristic rentals, which now require official authorization from the relevant authorities.
This is where Hurr Grup comes in.
We are a Turkish real estate company specializing in investment properties. We provide our clients with fully licensed and officially approved investment apartments, ready for rental in compliance with current regulations.
What Do We Offer You?
100% legally compliant investment properties
Official licenses that ensure safe and lawful rental
Well-planned investment solutions with stable returns
Full legal due diligence before purchase
Professional support from purchase to investment operation
Important Real Estate Warning
Not every property in Turkey is suitable for investment rental.
Purchasing a property without verifying its legal status may expose the investor to penalties or prevent rental activity altogether.
Choosing an unlicensed property can result in your investment being completely inactive.
With Hurr Grup, invest with confidence and let the law work in your favor.
Do you have anything to ask?
Make sure we will gladly answer all your questions.
