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Excluzival GroupBuying apartments and flats in Turkey for foreigners is a straightforward process facilitated by platforms such as Global Properties with over 19250 real estate listings. The first step thing is to choose a home that suits your needs and budget. Our website features flats for sale in Turkey from reliable real estate agencies and directly from developers. Open a suitable advertisement and review the apartment's characteristics, price, layout and description. Contact the seller directly by phone or private messages. The process typically involves making a deposit, signing a preliminary contract, obtaining a tax number, opening a Turkish bank account and finally signing the deed of sale in the presence of a notary.
- Average selling price of flats in Turkey: USD 213,844;
- Average price per m2: USD 998;
- Minimum cost of apartments in Turkey: USD 50,000;
- Most expensive flat: USD 54,880,000;
- Over the past year, the average apartment prices in Turkey has increased by 86.46%.
- Minimum size: 32 m²
- Average size: 65 m²
- The maximum floor area: 240 m²
One way to obtain a residence permit in the country is to buy a flat in Turkey. Overseas investors who have bought a housing in the country (including villas in Turkey) for USD 200,000 or more are eligible to apply for a short-term residence permit, which can be extended as long as they own the property. To apply, you need to provide the property deed, a health insurance certificate and a financial statement demonstrating sufficient funds to support yourself. This residence permit allows you to stay in the country for up to 2 years with the option of an extension.
Since 2017, the country has implemented a state programme for granting citizenship when buying housing and other investments. The primary requirement is that the object must cost at least USD 400,000. In this scenario, families can obtain a Turkish passport in just a few months. Purchasing an apartment for sale in Turkey valued at USD 200,000 or more provides another pathway for foreigners to become Turkish citizens. Ownership of a property is sufficient grounds for granting a foreigner a residence permit. After residing in the country for 5 years under this permit, individuals can apply for citizenship through naturalisation.
Apartments for sale in Turkey
The local housing market is rich in opportunities, offering a variety of flats. Ranging from modern high-rises in busy city centres to tiny houses near tranquil beaches, there is something to cater to every taste and budget. The layouts vary significantly, from compact studios to spacious 5-bedroom apartments. There are options for singles, couples and large families. The finishing materials and furnishings can range from modern and elegant designs to more traditional Turkish styles, with some properties offering luxurious decoration and complete furnishings and appliances.
Reasons for investing in apartment in Turkey
There are several advantages to investing in Turkish accommodation. The country's stable government, thriving society and robust economy make it an attractive investment. The local market shows high growth potential, with property prices appreciating over time. In addition, the cost of living and maintenance is relatively low compared to other European countries, making apartments in Turkey for investment a cost-effective investment opportunity.
Buying apartments in Turkey
The idea to buy an apartment in Turkey presents an excellent option for those who want to diversify their portfolio or buy a second home in a beautiful and culturally rich country. Thanks to the simple transaction process, the potential for obtaining citizenship and residency permits and a wide range of properties, the local residential market is poised for further growth.
Making an informed decision requires thorough research, consultation with local experts and consideration of all legal and financial intricacies. With the right approach, buying a local flat can be a worthwhile investment, offering both a financial return and the opportunity to enjoy the country's unique lifestyle and amenities.
Our platform provides a simplified search and database with over 5,000 adverts for any property in Turkey. We aggregate listings from leading property developers and trusted agencies. Our information is meticulously updated every day. Our platform also offers detailed search filters, a price calculator, multilingual support, direct access to sales professionals and real-time price updates.