Buying Property in Turkey
Purchasing property in Turkey is a smooth and secure process, especially when handled by knowledgeable professionals. At Lagoon Estates Ltd., we are committed to making every step of your property acquisition experience clear, simple, and trustworthy.
What’s New in 2025?
Foreign Exchange Certificate (Döviz Alım Belgesi):
Foreign buyers must convert their funds to Turkish Lira through a Turkish bank and obtain a certified proof of exchange before proceeding with the title deed transaction.Licensed Appraisals Are Now Mandatory:
An independent, government-approved appraisal must be completed before any property transfer. This protects buyers from inflated prices and ensures legal compliance.Updated Citizenship Criteria:
The minimum property investment required for Turkish citizenship has increased to $500,000. The property must be held for at least three years after purchase.Residency with Property Ownership:
Foreign nationals purchasing a property worth at least $250,000 are eligible to apply for a renewable residence permit.Location Restrictions Still Apply:
Properties must not be located in military zones or other restricted areas. A location clearance from military authorities is still required in some cases.
Buying Property and Getting a Turkish Passport
Turkey offers a unique opportunity for foreign investors to obtain citizenship through real estate investment. By purchasing property worth at least $500,000 USD, foreign nationals are eligible to apply for Turkish citizenship under the Citizenship by Investment Program.
This program is especially attractive due to Turkey’s growing economy, strategic location, and access to both Eastern and Western markets. Once the property is purchased and held for a minimum of three years, applicants can include their spouse and children under 18 in their citizenship application.
Why Choose Lagoon Estates Ltd.?
In a landscape where informal agents are widespread, Lagoon Estates Ltd. stands apart by offering:
Transparency and Integrity:
We uphold high professional ethics, ensuring you receive honest and accurate advice at every stage.Experienced Legal Support:
Our team is fully familiar with Turkish real estate law, providing expert guidance throughout the purchase process.Fluent Communication:
Our multilingual team, fluent in English, offers personal assistance and clear answers to your questions.Long-Term Commitment:
With us, buying a home is not the end – it’s just the beginning of a lasting relationship. We continue to support our clients long after the sale is complete.
Who Can Buy Property in Turkey?
Foreign nationals may purchase real estate in Turkey if the following conditions are met:
There is a reciprocity agreement between Turkey and the buyer’s country of citizenship.
The property is located within a municipal boundary and outside of restricted military/security zones.
A foreign individual may purchase up to 30 hectares of land, and no more than 10% of land in any district may be owned by foreign nationals collectively.
Step-by-Step Property Purchase Process
Get a Tax Number:
Apply at any tax office in Turkey using your passport.Open a Turkish Bank Account:
Required for transferring and documenting funds.Choose Your Property:
With Lagoon Estates Ltd., all listings are verified and legally eligible for foreign ownership.Appraisal & Legal Check:
We coordinate a government-approved appraisal and conduct full due diligence.Sales Contract:
We draw up a bilingual agreement outlining the full terms of the purchase.Döviz Alım Belgesi:
Funds are exchanged at a Turkish bank and certified.Title Deed Application (Tapu):
We handle the application at the local Land Registry. Military clearance may still be needed, depending on the property’s location.Final Payment & Ownership Transfer:
Upon approval, the final payment is made and the official title deed is transferred to your name.
At Lagoon Estates Ltd., we believe buying a property is not just a transaction – it’s a beginning. Let us help you make it the right one.