Property investment in Turkey

A regional alternative spanning Istanbul and coastal markets. Prices are quoted in Turkish lira; exchange-rate movements, building condition and the exact property's foreign-ownership and letting permissions need separate attention.

How to interpret this market

SafeBuy editorial interpretation

Reasons to investigate

  • A dated national modelled price benchmark is available in Turkish lira.
  • Original rental research covers eight cities rather than one resort.
  • Official guidance describes foreign title registration and residence applications.

Risks and questions to resolve

  • Currency movements can materially change the return measured in pounds, euros or dollars.
  • Check structural safety, earthquake cover and title or occupancy documents for the building.
  • Foreign-buyer eligibility and tourism-rental permits depend on the purchaser and property.

Who might want to research further?

Buyers considering a regional alternative to Georgia who can assess lira exposure, local legal conditions and the individual building before relying on a headline yield.

Market snapshot

Historical price growth

Not verified

Net yield, vacancy and all-in purchase costs are omitted unless verified. Published yields are gross, before investor-specific expenses.

How these observations were measured

Price benchmark: Emlakjet's September housing value report, prepared with Endeksa, reports a national average of TRY 43,300 per square metre. Modelled values and broad housing coverage differ from Georgian apartment asking listings and England-and-Wales matched sales.

Gross rental yield: Global Property Guide's published aggregate of advertised apartment rents relative to asking prices across selected cities. Annual rent divided by asking price, before investor-specific expenses. The city mix differs between countries; this is not a transaction-weighted national return.

Foreign ownership and land rules

Nationality and location restrictions apply

Eligibility depends on nationality and location. Military zones, district quotas and land-area limits apply. Check title restrictions with the land registry; a preliminary contract alone does not transfer ownership.

Sourced rule · reviewed 2026-10-23

Invest in Türkiye — acquiring property

Purchase taxes and buying costs

Buyer and seller title charges are separate

The land registry guide states a 2% title charge for each party, based on declared value no lower than municipal tax value. Budget separately for registry service charges and professional costs; check whether the contract shifts the seller's share to you.

Sourced rule · reviewed 2026-10-23

Land Registry and Cadastre — transaction guide

Ongoing and transaction taxes

Financing and nonresident lending

A documented route for eligible overseas borrowers

Ziraat Katılım Private Banking advertises USD or EUR housing finance for eligible foreign nationals living abroad with foreign-currency income, up to 50% financing. It requires income documentation and property eligibility checks; this is one provider's criteria.

Sourced rule · reviewed 2026-10-23

Ziraat Katılım Private Banking — foreign-currency housing finance

Letting and short-term rental rules

Tourism rentals of 100 days or less require a permit

The Ministry's guidance requires a tourism-rental permit for homes let for tourism for 100 days or less. Verify that the building and intended use qualify before relying on holiday-let income.

Sourced rule · reviewed 2026-10-23

Ministry of Culture and Tourism — tourism rental permit guidance

Residence and immigration

Ownership can support an application, subject to conditions

Migration guidance lists residential property owners among short-term residence applicants. The home must be used for that purpose and application conditions still apply. Check current valuation and address eligibility before purchasing for residence.

Sourced rule · reviewed 2026-10-23

Presidency of Migration Management — residence permit types

Your next step in Georgia

Could Georgian property or land fit your plans?

Request a free call with David Lee, SafeBuy’s co-founder and a British investor in Georgian property and land. Discuss your budget, the practical buying process and the checks a specific property needs.

SafeBuy provides purchase support in Georgia. Our international research is free to use. The call is optional and carries no obligation.

About David and the call

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Research the trade-offs

Rental Yields in Europe: Compare the Evidence

Compare sourced gross rental yield estimates in European property markets, with sample dates, coverage and the costs headline yields leave out.

Where Is Property More Affordable in Europe?

Compare published property price benchmarks, their geographic coverage and what a budget might buy before taxes and purchase costs.

Property Purchase Taxes in Europe: Rules That Change Your Budget

Compare country-specific purchase taxes, regional variations and nonresident rules, with links to the underlying authorities.

Buying Property Abroad: Foreign-Buyer Rules Compared

Research foreign residential ownership, land restrictions, financing and residence conditions before choosing a country.

Sources and review history