Property & citizenship

Buying property in Istanbul as a foreigner: step-by-step checklist

Last updated September 2026 2 min read By Level International
Short answer Most foreigners can buy property in Istanbul with a Turkish tax number, a passport and a licensed valuation report; no residence permit is needed. The transfer is completed at the land registry (tapu) office and can be done within days once checks are complete. Budget for a 4% title deed fee (usually split between buyer and seller), annual property tax and, if you resell within five years, tax on the gain.

Before you start

Due diligence on the property

Signing and paying

Title deed transfer

  1. Apply for an appointment at the land registry office (usually through your agent or lawyer).

  2. Pay the title deed fee and the revolving fund fee.

  3. Attend the appointment with a sworn translator if you do not speak Turkish, or act through a power of attorney.

  4. Receive the title deed in your name.

After the purchase

Item What to do
Earthquake insurance (DASK) Mandatory; required for the transfer
Utilities Transfer electricity, water and gas subscriptions
Property tax Declare and pay in two instalments (May and November)
High-value residence tax Applies to residences above TRY 17,711,000 (2026)
Rental income Declare rent above the exempt amount (TRY 58,000 for 2026)
Resale A gain within five years of purchase is subject to income tax

Frequently asked questions

Do I need to be in Türkiye to buy?

No. A notarised and apostilled power of attorney lets a lawyer complete the purchase for you.

Does buying property give me residence?

It can support a short-term residence permit if the property meets the value and location rules. It does not by itself give a work right.

Can I buy through a company?

A Turkish company, including one owned by foreigners, can buy property for its business, subject to certain approvals.

Buying in Istanbul?

Our Legal Advisory team runs the title checks, reviews your contract and represents you at the land registry.

Book a free consultation

This page provides general information and is not legal or tax advice. Every situation is different; talk to us before you act.

Keep reading
All publications
Property & citizenship

Turkish citizenship by investment in 2026: options and timeline

Foreigners can obtain Turkish citizenship for themselves, their spouse and children under 18 by making one qualifying investment — most often real estate worth at least USD 400,000 or a USD 500,000 bank deposit, bond, fund or capital investment — and keeping it for at least three years. Türkiye allows dual citizenship, so most applicants keep their original passport.

September 2026 · 2 min read
Company set-up

How much does it cost to set up a company in Türkiye in 2026?

The main cost of a Turkish company is its minimum capital: TRY 50,000 for a limited company (LLC) and TRY 250,000 for a joint stock company (JSC). On top of that come one-off registration costs — notary, trade registry, translations and adviser fees — and monthly running costs such as accounting and a registered address. Capital is not a fee: it stays in the company and can be used for its business.

September 2026 · 3 min read
Company set-up

LLC or JSC: which Turkish company should a foreign investor choose?

Most foreign investors choose a limited liability company (Ltd. Şti.): it needs less capital (TRY 50,000) and is simpler to run. A joint stock company (A.Ş.) needs TRY 250,000 but makes share transfers easier and is the only form that can list on Borsa Istanbul, so it suits larger investments, many shareholders or a planned exit.

September 2026 · 2 min read