A Comprehensive Guide for Foreigners Buying Property in Turkey (2024–2025)
Turkey continues to be a prime destination for foreign real estate investors, offering a blend of cultural richness, strategic location, and favorable investment conditions.
Legal Framework and Eligibility:
Foreign nationals can purchase property in Turkey, with certain restrictions based on nationality and property location. The Turkish government has streamlined the process, making it more accessible for international buyers. However, properties in military zones and certain rural areas may be off-limits.
Citizenship by Investment:
Investing a minimum of $400,000 in Turkish real estate can qualify foreign investors for Turkish citizenship, provided the property is held for at least three years. This program has attracted significant interest due to the benefits of Turkish citizenship, including visa-free travel to numerous countries.
Taxation and Costs:
Buyers should be aware of associated costs, including title deed fees, VAT (if applicable), and annual property taxes. Engaging with a knowledgeable real estate agent can help navigate these expenses efficiently.
Why Choose Turk Villa Homes:
With over 28 years of experience, Turk Villa Homes offers comprehensive services, from property selection to legal assistance, ensuring a seamless buying experience for foreign investors.