Foreign nationals can purchase real estate in Turkey subject to reciprocity and area restrictions. This guide covers TAPU (title deed) process, due diligence, taxes, and post-purchase obligations.
Eligibility and Restrictions
Citizens of 183 reciprocal countries can acquire property.
Maximum 30 hectares per individual nationwide.
Restricted military and security zones excluded.
Maximum 10% of district area for foreign ownership.
TAPU Process
Step 1: Property valuation report from licensed appraiser.
Step 2: Tax number application at local tax office.
Step 3: Bank account opening and fund transfer.
Step 4: TAPU office application with seller and buyer.
Taxes and Fees
TAPU transfer tax: 4% of declared value (typically split 2%/2%).
VAT on new construction: 1%, 8% or 18% based on size.
Annual property tax: 0.1%-0.3% of municipal value.
Capital gains tax: applies if sold within 5 years.
Due Diligence Items
Title deed verification at TAPU office.
Encumbrances and mortgages check.
Building permit and occupancy certificate review.
Outstanding utility bills and management dues.
Frequently Asked Questions
Can I buy property in Turkey without visiting?
Yes, via power of attorney issued at Turkish consulate or notarized abroad with apostille.
Are there any closing costs beyond TAPU fee?
Notary fees, valuation report, translation, and lawyer fees apply.