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How to Buy Property in Istanbul

A Step-by-Step Guide

How to Buy Property in Istanbul: A Step-by-Step Guide

If you’re interested in buying property in Istanbul, you’re in luck. The city has a thriving real estate market, with a variety of options to suit every budget and preference. From sea-view villas to apartment buildings, there is something for everyone in Istanbul. In this article, we’ll provide a step-by-step guide on how to buy property in Istanbul, including tips on finding the right property, obtaining a residence permit, and securing financing.

buying a property in Istanbul

If you’re considering buying property in Turkey, here are a few tips to keep in mind:

  • Do your research: It’s important to research the local real estate market and get a sense of what properties are available in your price range. Look at a variety of properties and consider factors such as location, size, and condition.
  • Get a lawyer: It’s a good idea to hire a lawyer to help you navigate the legal aspects of buying property in Turkey. A lawyer can help you review contracts, handle any legal disputes that may arise, and ensure that the property is properly registered in your name.
  • Consider the location: Location is a key factor when it comes to buying property in Turkey. Consider factors such as proximity to comforts, access to public transportation, and the overall safety of the neighborhood.
  • Be prepared for paperwork: Buying property in Turkey involves a lot of paperwork, so be prepared to provide a variety of documents, including your passport, proof of income, and proof of ownership of the property.
  • Think about the future: If you’re planning to rent out your property in Turkey, it’s a good idea to consider factors such as the local rental market, the potential for price appreciation, and the overall demand for rental properties.

By following these tips, you can increase your chances of finding the perfect property in Turkey and making a smart investment.

The first step in buying property in Istanbul is to decide what type of property you want. Do you want a sea-view villa or a more modest apartment? Do you want to be in the heart of the city or in a quieter suburb? Once you have a clear idea of what you want, you can start searching for properties that meet your criteria. There are a few different ways to search for properties in Istanbul:

  • Real estate agents: One option is to work with a real estate agent who can help you find properties that meet your needs. They can also provide valuable insights into the local real estate market and help you negotiate the best price for your chosen property.
  • Online platforms: Another option is to use online platforms to search for properties in Istanbul. These platforms allow you to filter your search by location, price, and other criteria to help you find the perfect property.
  • Government websites: In addition to private real estate agents and online platforms, you can also search for properties on government websites such as the Turkish Land Registry. These sites provide information on properties that are available for sale, including their location, size, and price.

If you plan to live in Turkey on a long-term basis, you will need to obtain a residence permit. This can be done through a variety of methods, including employment, study, or investment. If you are planning to buy property in Istanbul as a way to obtain a residence permit, you will need to follow a few steps:

  • Choose a property: First, you will need to choose a property that meets the requirements for a residence permit by investment. The property must be valued at a minimum of $400,000 and must be owned in your name.
  • Obtain a tax number: Next, you will need to obtain a tax number from the Turkish Tax Authority. This is a simple process that can be done online or in person at a local tax office.
  • Apply for a residence permit: Once you have a tax number, you can apply for a residence permit at the local police station or through an online portal. You will need to provide documents such as your passport, proof of ownership of the property, and a completed application form.

If you need financing to purchase a property in Istanbul, there are a few options available to you. One option is to take out a mortgage from a Turkish bank. To qualify for a mortgage, you will need to meet certain income and credit score requirements. Another option is to use a property investment company, which can provide financing in exchange for a share of the property’s future profits. Alternatively, you could consider using a government guarantee property in Istanbul, which can provide additional security for your investment.


When you’re buying property in Turkey, you will need to provide a variety of documents to complete the purchase. These documents may include:

  • Passport: You will need to provide a copy of your passport to confirm your identity.
  • Tax number: You will need to obtain a tax number from the Turkish Tax Authority before you can buy property in Turkey.
  • Proof of income: Depending on the type of property you’re buying, you may need to provide proof of your income. This can include pay stubs, tax returns, or other financial documents.
  • Proof of ownership: You will need to provide proof that you own the property, such as a deed or title.
  • Property tax receipt: You will need to provide a copy of the property tax receipt, which shows that you have paid all applicable taxes on the property.
  • Sales contract: The sales contract is a legally binding document that outlines the terms of the sale, including the purchase price, closing date, and any contingencies.

Buying property in Istanbul can be a complex process, but with the right information and guidance, it is possible to find the perfect home or investment opportunity. By following these steps, you can find the right property, obtain a residence permit, and secure financing, making it easier to make your dream of owning property in Istanbul a reality.

Whether you’re looking for a sea-view villa or a more modest apartment, Istanbul has something for everyone. With its rich culture, vibrant nightlife, and beautiful natural surroundings, the city is an attractive destination for people from all over the world. So if you’re ready to take the plunge and invest in property in Turkey, Istanbul is a great place to start.

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