Turkey

How Foreign Buyers Can Pay for Property in Turkey Foreign buyers need to arrange the payment and currency conversion before the title deed transfer. The main document is the Döviz Alım Belgesi (DAB) (Foreign Exchange Purchase Certificate). From 1 October 2026, Turkey’s Secure Payment System will also apply to property sale payments made in cash, by bank tran...

Quick answer Foreign purchases remain concentrated in a small number of markets. Istanbul leads for work, education, rentals and full-time city living. Antalya and Alanya are the main Mediterranean choices for year-round use. Mersin offers newer housing at lower prices, while Bodrum attracts buyers looking for villas and private coastal homes. Ankara is a no...

The Turkish Ministry of Trade has confirmed a new development for anyone buying or selling property in Turkey: the mandatory Secure Payment System for real estate transactions did not come into effect as initially planned; the Ministry of Trade postponed the launch to October 1, 2026. Additional Time for Technical Integration According to the Ministry, the e...

Previously restricted neighborhoods in Alanya, a municipality and district of Antalya Province, Turkey, are now available again for first-time property-based residence permit applications. As of June 2026, buyers can use addresses in Mahmutlar, Kestel, Avsallar, and Kargıcak when applying for a residence permit in Turkey (İkamet) through property ownership,...

Overview of İzmir’s Real Estate Market İzmir is a self-sustaining real estate market driven by local wealth rather than foreign holiday budgets. Because demand is supported by permanent residents, local professionals, students, and domestic buyers, İzmir is less exposed to the seasonal liquidity swings seen in resort-driven markets. However, İzmir is highly...