How to Buy Property in Istanbul as a foreigner in 2025

How to Buy Property in Istanbul as a foreigner in 2025

 Index 

  1. What Types of Properties Should Foreigners Consider in Istanbul?
  2. Is Real Estate Profitable in Turkey?
  3. What Types of Properties Should Foreigners Own in Istanbul?
  4. Resale Properties in Turkey
  5. Suitable Areas for Foreign Property Ownership in Turkey
  6. Why Should a Real Estate Company Represent You in Istanbul?

 

 

 

You’ve likely come across many articles explaining the general steps to buy property in Istanbul, such as:

  • Defining the purpose of purchasing the apartment...
  • Researching the current real estate market in Turkey...
  • Choosing a real estate agent...
  • Communicating with the agent and getting initial offers...
  • Visiting Turkey...
  • Conducting several property tours...
  • Exploring the best offers that align with your ownership goals...
  • Selecting the apartment that best suits your goals and needs.

 read more

Buying Property in Turkey 2023
How to Buy Property in Istanbul 2024

 

However, in this article, we will focus on the most critical topics to help you make the right decision when choosing a suitable property in Istanbul.

What Types of Properties Should Foreigners Consider in Istanbul?

Given the rapid changes in Turkey's real estate market, influenced by external factors such as:

Real estate in Turkey, especially in Istanbul, remains one of the most stable investment tools to counter global inflation and achieve returns and profits in dollars. It is ranked second only to high-risk financial instruments like securities.

شراء عقار في اسطنبول

view here more properties for sale in Istanbul

 

Is Real Estate Profitable in Turkey?

Yes, it is profitable, and its value is increasing in 2025.

The reason lies in the decline that occurred between 2023 and 2024.

  • Real estate prices surged dramatically, reaching an increase of 260% between 2021 and 2022.
  • Property values then experienced a slight drop of about 30% between 2023 and 2024.

However, by the end of 2024, the Turkish real estate market regained momentum due to the relative global rise in property prices in cities like Dubai, London, and Canada.

This made Turkish real estate a favorable destination for investors once again. For example:

  • The price of a one-bedroom apartment in Dubai starts at $270,000 USD,
  • While in Istanbul, the starting price for a one-bedroom apartment is around $110,000 USD.

Real estate prices in Turkey have begun to rise again after the decline witnessed in the past two years.

 

 

What Types of Properties Should Foreigners Own in Istanbul?

 

What Types of Properties Should Foreigners Own in Istanbul?

 

The reasons for purchasing property in Turkey can vary: from investment to tourism, permanent residence, resale, or obtaining citizenship.

The ideal choice is a property that possesses most of these qualities, along with easy liquidity when needed.

 

If Your Goal is Real Estate Investment in Istanbul:

  1. Look for New Properties

    • New properties often offer unique opportunities for investors, yielding financial returns of 15% to 30%.
    • They are highly in demand for short-term or long-term rentals due to the preference for modern apartments.
    • They typically require no renovations.
    • These properties are usually located in developing areas with new transportation lines, which increases their market value over time.
  2. Seek Flexible Properties

  3. Choose Properties from trusted Developers or Management Companies

    • Projects are often managed by private companies or the developer post-completion, with monthly maintenance fees (referred to as "aids") charged to owners or tenants.
    • If the developer or management company fails to maintain the facilities or the building’s cleanliness, it can negatively impact the property’s resale or rental prospects.

 

Summary:

The ideal property for a foreigner in Turkey should:


Resale Properties in Turkey

 

You may come across advertisements offering resale properties in areas like Beylikdüzü or Esenyurt at very low prices, starting at $30,000. You might wonder why these projects are not widely promoted by real estate companies in Turkey.

These properties are often:

  • Located in areas where ownership or rental is challenging due to building conditions.
  • Not earthquake-resistant.
  • In poor structural condition, making resale at a better price difficult.
  • Not eligible for tourist or investment-based residence permits or citizenship.

Suitable Areas for Foreign Property Ownership in Turkey

Here are some locations where you can find properties meeting the criteria mentioned above:

عقارات للجنسية التركية

view here more properties for sale in Istanbul

 

 

Why Should a Real Estate Company Represent You in Istanbul?

 

 

عقارات إعادة البيع في تركيا

 

Due to the diverse range of real estate options in Turkey, particularly in Istanbul, it is crucial to choose a reputable real estate company, such as Damas Group Real Estate, to represent you in dealings with developers or sellers. This ensures your safety and security throughout every step of the process.

Key Reasons to Choose a Real Estate Company for Representation

  1. Securing the Right Property for Your Needs

    • As previously mentioned, the reasons for purchasing property vary for foreigners. However, the priority is to find a property that ensures a successful investment and qualifies for a residence permit or even Turkish citizenship.
    • Important Note:
      • A property may be located in an area eligible for a residence permit or priced to qualify for citizenship. However, the project might not be suitable for other reasons, such as:
        • Negative property valuation.
        • Restrictions on ownership in certain areas.
      • A real estate company helps protect you from such unsuitable projects, ensuring your interests are safeguarded.
  2. Facilitating Money Transfers

    • When purchasing property in Turkey, payment must be made in Turkish Lira. A real estate company can:
      • Securely transfer funds to the developer.
      • Assist in converting dollars to Turkish Lira in compliance with Central Bank of Turkey regulations.
  3. Assisting with Necessary Documentation

    • Real estate companies accompany you at every step, helping with:
      • Translating documents.
      • Communicating with government officials.
      • Negotiating with developers or sellers.
      • Obtaining required paperwork.
      • Ensuring timely receipt of title deeds.
      • Recovering funds from the developer in case of purchase cancellation.
  4. Comprehensive Support

    • A professional real estate company provides a wide range of services, including:
      • Assisting with obtaining a residence permit.
      • Supporting the application for Turkish citizenship.
      • Helping with renting out the property.
      • Facilitating the resale of the property.
      • Registering for project utilities and property services.

By choosing a trusted real estate company, you can access all these benefits and ensure a seamless and secure property purchase experience in Istanbul.

 

Related Articles:

- Real Estate Residency in Turkey, click here...

- Studio Apartments: Features and drawbacks, click here...

- Real Estate Residency for Arab Communities, click here...


 

Keys to finding related properties:

- Apartments for sale in Istanbul

- Government-guaranteed properties

- Properties with special installment plans

- Villas for sale in Istanbul

- Properties for sale in Başakşehir


 

داماس جروب العقارية

In the competitive real estate market, Damas Group Real Estate aims for excellence by offering the latest information and news about the Turkish real estate market. Our specialized marketing team is always ready to respond to your inquiries and answer all your questions. Our sales representatives are qualified and receive ongoing training to maintain top-notch work quality.

At Damas Group Real Estate, we have a diverse real estate portfolio that meets all your investment aspirations. We offer you our various options and aim to connect you with developers with whom we have strong relationships. We help you with all procedures, and even after you buy a property, we offer crafted investment plans to maximize returns through resale.. Contact us to learn more.

Since our establishment, we have been striving to reach the top in serving our clients. Your opinions and comments matter to us as we strive to climb the ladder of success towards the summit.

 


FAQ

Areas such as Maslak, Ispartakule, and Bahçeşehir are among the top choices for foreigners looking to buy property in Istanbul. These areas are ideal due to their: Ease of obtaining residence permits and Turkish citizenship. Presence of new real estate projects. Abundance of services and facilities.

Real estate companies, like Damas Group, provide numerous advantages to foreign investors, including: Assisting in selecting the most suitable property. Simplifying purchase procedures. Securing financial transactions and transfers. Helping with required documentation. Offering support in obtaining residence permits and Turkish citizenship.

Yes, real estate investment in Turkey remains profitable for foreigners. Recent relative declines in property prices have made Turkey an attractive alternative compared to other countries. Furthermore: Turkey’s ongoing economic growth drives increased demand for properties. This creates excellent opportunities for high returns on investment.

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