Frequently Asked Questions

Question about Buying Properties in Turkey

Both have advantages and disadvantages—off-plan properties offer lower prices, flexible payment plans, and higher potential for capital appreciation but come with risks like construction delays and no immediate rental income. Ready properties let you move in or rent out right away, offer stable rental yields, and less risk, but usually cost more upfront. The best choice depends on your investment goals, timeline, and risk tolerance

Yes, foreign nationals can own freehold property in Turkey. Turkey’s laws allow non-Turkish nationals to buy, sell, and fully own property—including the land it sits on—in designated freehold areas, with issuing the title deed to the foreign owner

  • Choose a broker from a reputable, licensed company—top names.

  • Ensure the broker is certified and has a strong track record.

  • Look for positive client reviews and industry awards.

  • Ask about their experience in your target area or property type

  • Not Always large sized brokers are best choice, since the brokers in such companies might be struggling to survive and mislead the investor for their own interest.  

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To get a mortgage in Dubai, you need to:

  • Meet eligibility requirements (minimum monthly income, age, stable employment, and, for non-residents, a valid passport and visa).

  • Prepare documents: passport, visa, bank statements, salary certificate, and credit report.

  • Pay upfront fees (around 6–7% of the property price) including transfer fees and brokerage fees, which can no longer be financed as part of the mortgage.

  • For residents, down payments are usually 20–25%; for non-residents, up to 35–50%. In certain cases residents can benefit from 100% loan against ready property. 

  • Choose between fixed, variable, or Islamic mortgages, and apply through a bank or mortgage broker.

The maximum loan term is 25 years, and the loan amount depends on your income and property value. We would suggest to consult with a mortgage broker before stepping into direct negotiation with the banks. 

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The loan (mortgage) process in Turkey typically takes between 2 to 6 weeks from application to final approval, depending on how quickly you provide all required documents and the lender’s efficiency. Pre-approval alone usually takes 3 to 5 business days. All factors are completely relying on the loan taker’s situation.

Yes, minors can own property in Turkey, but they cannot buy or manage it independently. A legal guardian must handle the purchase and management on the minor’s behalf, and in some cases, court approval is required. Full legal capacity to independently buy or sell property is granted at age 18.

 

A property transaction in Turkey typically takes 5–30 days, depending on the type of property and whether you’re financing the purchase with a mortgage.

 

Hiring a lawyer is optional but recommended, as they can review contracts, ensure compliance, and protect your interests during the transaction.

When buying property in Turkey, expect to pay a 4% title deed tax, possible VAT (mainly for new builds), stamp duty, and ongoing annual property taxes. These taxes apply to both foreigners and Turkish citizens, and are generally straightforward to manage

Istanbul Property Market offers a wide variety of properties, including apartments, villas, townhouses, commercial spaces, and off-plan properties from leading developers.

 

Yes,

Purchasing property in Turkey valued at $200,000 or more allows foreign nationals to obtain a renewable residence permit for themselves and their families. For those seeking citizenship, a higher investment threshold applies. Always consult with a legal expert or licensed real estate advisor to ensure compliance with the latest regulations.

 
 
 
 
 

Off-plan properties are units that are sold before construction is completed. They can offer attractive payment plans and high ROI potential, making them a popular choice for investors.

 

Some of the top investment areas in Istanbul : 

Nişantaşı, Bebek, Levent, Kağıthane, Ataşehir, Esenyurt, and Kadıköy are top choices.

 
 
 
 
 

You can rent out your property by working with a professional property management company like Realty Homist. We handle tenant sourcing, lease agreements, and ongoing management to ensure a seamless experience.

Yes, some developers and real estate brokers in Istanbul, including Realty Homist, accept cryptocurrency payments for property purchases.

 

Service charges are fees paid by property owners for the maintenance of common areas and amenities in buildings or communities. These charges vary by property type and location.

 

Yes, Istanbul’s real estate market offers high rental yields, a tax-free environment, and strong capital appreciation, making it an excellent choice for long-term investors.

Question about selling Property in Turkey

List your property with a real estate agent, agree on a sale price, and sign a sales contract. Expect to pay a 2–4% agent commission plus VAT, and settle any taxes or fees before transferring the title deed to the buyer

Yes, properties in Istanbul can depreciate in value under certain conditions. But it is very unlikely. Factors such as location, property condition, market trends, economic instability, reduced foreign demand, rising borrowing costs, or major events (like earthquakes) can lead to price declines. However, in recent years, high demand and limited supply have generally supported price growth in Istanbul

The main costs are:

  • Title deed transfer fee: 4% of the sale price (usually split, but often paid by the seller)

  • Real estate agent commission: 2–4% plus VAT

  • Legal and administrative fees: Minor costs for paperwork and possible legal support

Additional taxes or fees may apply depending on your specific situation

  • Choose licensed and certified agents: By law, all real estate agents in Turkey must have MYK Level-4 or Level-5 certification. Always ask to see their certification before proceeding.
  • Check reviews and reputation: Use platforms like GoodFirms or Turk.Estate to find top-rated agencies with verified client feedback. Reputable companies include Realty Homist, RE/MAX, Property Turkey, Coldwell Banker, Keller Williams and etc. 
  • Look for experience and specialization: Prefer agencies with a long track record, local expertise, and a focus on your property type or investment goal.
  • Meet in person: Visit their official office in Istanbul and discuss your needs directly for added trust and transparency.
  • Ask for references: Request recent client references or testimonials to verify their reliability and service quality