With our extensive online database boasting 29714 listings of property in Turkey, you’re sure to find something suitable. Primary and secondary real estate from reputable agencies and developers are at your service. To streamline your search, utilize the quick links provided at the bottom of the page, featuring the most popular selection parameters. Results can be sorted by price or date added. Once you've made your choice, contact the seller via private message or phone.
- The average cost of property in Turkey is USD 95,000–USD 100,000.
- The lowest-priced apartments and villas in Turkey in this area are USD 66950.
- The most expensive unit is USD 130 million.
- Over the past year, the average price has increased by 84%.
- Minimum area: 45 m²
- Largest area: 7,000 m²
To obtain a residence permit, you must contract with a developer or agency to purchase villas or apartments in Turkey worth at least USD 200,000. The permit will be renewed annually as long as you own the property.
Foreigners can obtain citizenship by investing in apartments, villas or other real estate. The mandatory condition is that the price must exceed USD 400,000. The government has announced plans to raise the minimum to USD 600,000, but these changes have not yet been implemented and you can still obtain a passport at the old threshold. It will take several months to complete the formalities after gathering and submitting the necessary documents for processing.
Dual citizenship is possible in Turkey, as the legislation does not require residents to hold only one passport.
The top 5 are Istanbul, Antalya, Izmir, Mersin and Alanya. These cities offer more opportunities for successful renting or reselling of properties. Moreover, they boast developed infrastructure and a variety of entertainment options, making them attractive destinations for those considering relocation.
Foreigners are primarily interested in:
- Apartments within under-construction projects featuring swimming pools, 24-hour security, fitness centres and other additional facilities;
- Penthouses located in gated communities;
- Villas;
- Commercial properties;
- Plots of land.
In seaside resorts, investors prefer to purchase homes close to the coast. Proximity to hospitals, restaurants, shops, kindergartens and schools is also important.
The country is popular with foreigners for holidays and permanent living, which activates the local market. In the future, there’s an opportunity to resell housing units at a profit, as prices can increase by 100% or more within a year. Other reasons for investment include:
- The prospect of obtaining citizenship through the purchase of one or more housing units worth over USD 400,000, with the added benefit that all members of the investor's family can obtain passports;
- A large expat community: A significant amount of real estate was purchased by foreigners in 2023;
- A variety of real estate types are offered for sale: Buyers can choose from studios, apartments with 1–5 bedrooms, townhouses, penthouses, duplexes and villas as per their budget;
- Short payback period on investments, averaging 15 years;
- Recognition of dual citizenship: By investing in Turkish real estate, you can obtain a Turkish passport without giving up your old one;
- Low tax burden: You pay 4% of the cadastral value at the time of purchase and then 0.1 to 0.6% of the tax annually (the exact amount depends on the region and type of a unit);
- Developed social and transport infrastructure;
- Availability of properties under construction in coastal areas.
In 2023, the country welcomed 56.7 million tourists, ensuring a stable demand for rental housing. Owners can earn an average of 6.36% from renting out and for properties in popular tourist locations, this figure can exceed 9%. Additionally, owners benefit from avoiding overpaying for hotels when visiting Antalya, Istanbul and other cities on holiday.
Property for sale in Turkey
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The majority of properties of interest to buyers are located on the Mediterranean or Aegean coasts.
Investing in Alanya, Antalya, Istanbul, Mersin and other cities is relevant for organising family relocation, generating passive income and profiting after resale. There are opportunities in both the primary and secondary markets, although it's better to invest in new or under-construction housing units in terms of profitability.
Modern complexes are built using environmentally friendly materials and energy-saving technologies. Typically, these properties feature amenities such as a gym, sauna, swimming pool, children's playgrounds, 24-hour security or surveillance and sometimes even shops and restaurants. The prices of real estate for sale in Turkey depend largely on the availability of these amenities.
Reasons for investing in property in Turkey
To assess the prospects of buying housing in Turkish cities, it is sufficient to review statistical information that reflects the dynamics of the local market:
- The average price of sold units has risen to USD 100,000;
- Rental yields in popular areas can reach 7–9.4% annually;
- The return on investment is 16–17 years, which is less than in European countries;
- The cost of housing has increased by 110% over the year.
An important argument for investing now is the decrease in the number of building permits issued.
To achieve financial returns, investors should carefully consider the type of housing, its quality and location. The most profitable regions are Istanbul, Antalya and Mersin. Additionally, options in Alanya and Mahmutlar are also worth considering.
Buying real estate in Turkey
Obtaining a residence permit or citizenship through properties in Turkey for investment is made easy with access to our regularly updated database of current offers from developers and agents. You can browse only suitable options using filters and sorting by novelty and price. In the descriptions, you’ll find all the necessary information. To purchase a housing unit that meets your requirements, all you have to do is write or call the seller.