Minimum purchase price of property in Türkiye

حداقل خرید ملک در ترکیه
Minimum purchase price of property in Türkiye
The price of buying property in Türkiye in major cities of Türkiye
The minimum amount to buy a house in Türkiye

According to the approved laws, the minimum purchase amount for a property in Turkey has been determined to obtain a tourist residence.

At small towns Must At least 50 thousand dollars, but to obtain residence in Metropolises، The minimum purchase amount of the property should beAt least 75 thousandbe.

Who does this law cover the minimum purchase price of property in Türkiye?

These days, a question that is of great interest to our dear compatriots is whether it is possible to buy a property in Turkey with less amounts like one billion tomans.
In answer to this question, it should be said that yes, it is possible to buy a property with any amount.

In Turkey, there are different types of second-hand properties with various features and facilities in different areas.

However, buying this type of property is risky, you should check the documents and make sure that the property does not have a mortgage (not a bank mortgage).

Another thing you should keep in mind is that it is not possible to get residency by buying properties below the approved price.

And finally, you should buy a property that has the ability to grow and add value, and whenever needed, you can easily sell it and convert your capital.

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Who does this law cover the minimum purchase price of property in Türkiye?

Expert report on property purchase in Türkiye

The minimum purchase price law in Turkey includes people who:
1. They have bought a property before May 1, 2022 and have not yet received a residence with it.
2. They buy a property after May.

It should be noted that these people must meet the minimum amount of property purchase in Turkey specified by the Immigration Department in order to obtain Turkish residence through property purchase.

In addition, people who bought a property before May 2022 and stayed there and now want to extend it, regardless of the price they bought, their stay will be extended.

House purchase document in Türkiye
Expertise must be done when buying a property

None! Those who bought a property before the 1st of May but did not live there are included in this restriction, and those who bought a property after the 1st of May are also included in this restriction.

Therefore, the first date of May is the implementation date, not the inclusion date. This means that people who have an appointment after May 1st must follow this restriction.

If you buy a property at a price lower than the specified amount, be careful to avoid repeatedly extending your stay and do not fall within the limit of the minimum purchase price of the property.

Expert report on property purchase in Türkiye

In answer to this question, we have to tell you no، Minimum purchase price criteria for property in TürkiyeNine bank slips have been paid و Not the price of expertise).

⇓ ⇓ ⇓

Criterion It is the amount written on the document (the official price of the transaction). The amount of expertise is now for files inhabitancy It is not mandatory, but in the future it may be mandatory and for now only for Obtain citizenship this law Runs.

What is important is that if, as before, the sellers want to show the amount lower in the document to avoid taxes, you will not be able to get residence.

What is property expertise or expertise to buy property in Türkiye?

The price of buying a house in Istanbul - Expertise in buying property in Türkiye

Expertise report is equivalent to a comprehensive description of the condition, location, facilities, and size of the property, which is prepared by an expert approved by the Turkish government and recorded in the expertise sheet.

This report is prepared by an expert based on detailed criteria and checks the value of the property and provides the seller and buyer with the necessary information about the condition and value of the property.

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The certified report is delivered to the property owner and the other copy is provided to the government.

4kgroup's clubhouse rooms deal with this issue specifically

What is the function of property expertise in Turkey and currency conversion certificate in the new process?

Currently, none of these documents are required to apply for effective residency. But considering that the trends and regulations may change in the future, it is better to always get and read up-to-date information in this field.

Also, if the intention DocumentingIf you have, you must use both these documents and the certificate amount The currency must match the amount of the number on the tapo.

After the currency conversion, even if the amount of the bank transfer is lower, you still need to submit the currency conversion certificate and payment slip in the theft case.

However, for the residency file, these documents are not required to be submitted, but it is still better to always follow the updated information in this field.

What is the criteria for distinguishing big and small cities to buy property in Türkiye?

Housing price criteria in Türkiye for buying a house in Istanbul

What is the criteria for distinguishing big and small cities to buy property in Türkiye? Small and large cities in Türkiye, based on the presence of the phraseBüyükşehirIt is at the end of the names of the cities.

It means that the cities with this phrase in their names are considered as big cities and their centrality is very important for life, business and economic activities.

Instead, the suburbs of these cities are considered small towns.

It is obvious that this criterion in determining big and small cities in Turkey is not based on the population or the area of the cities, and for this reason, many Turkish people and even some unofficial sources believed that big cities are only based on these two Criteria are determined.

Is it acceptable just because it states 157 or should it be published in the official newspaper to be implemented?

This is not a law that is approved by the cabinet or parliament and later published in the official gazette, but a change in the implementation process of the law.
157 is an official authority, like the website of the Immigration Department, which means it can be trusted.

The law leaves the details to the relevant bodies and declares that residence is granted by purchasing a property and the Immigration Department can implement the procedures based on the current conditions. Law Therefore, the doubt that it cannot be implemented because it has not been published in the official newspaper is not included.
Legal changes are published in the official gazette, not executive procedures and instructions on how to implement the law.
So: Announcement 157 is also an official announcement like posting on the website of the Immigration Department.

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As per the citizenship law, can I get a residence if I combine two or more properties to reach the minimum amount?

The price of buying a house in Istanbul and the citizenship rules for buying property in Istanbul, Turkey

No, in residential cases, you cannot reach the minimum determined by combining several properties, and the official price (number on the tapu) of a single document related to your place of residence and residence must be higher or equal to the minimum determined in that city.

Who can receive short-term residence on immovable property?

Residence permit applications by foreigners, owners of immovable property:
The property must be a residence and used for this purpose.
In cases where the family members have joint ownership or were living together, the family members can also apply for residence permit within the scope of this paragraph.

For family members who do not share ownership, immovable property can only be the basis for determining financial resources.

For more information to”Article 28 paragraph Three” For more information to.

List of 30 Turkish cities

Major cities of Turkey and the rules of buying property in Türkiye

→ Cities where the minimum purchase price of a property must be 75,000 dollars to obtain a Turkish residence →

Şehir İsmi Kürek çekmek
Adana – Adana Büyükşehir Belediyesi 1
Ankara – Ankara Büyükşehir Belediyesi 2
Antalya – Antalya Büyükşehir Belediyesi 3
Aydın – Aydın Büyükşehir Belediyesi 4
Balıkesir – Balıkesir Büyükşehir Belediyesi 5
Bursa – Bursa Büyükşehir Belediyesi 6
Denizli – Denizli Büyükşehir Belediyesi 7
Diyarbakır – Diyarbakır Büyükşehir Belediyesi 8
Erzurum – Erzurum Büyükşehir Belediyesi 9
Eskişehir – Eskişehir Büyükşehir Belediyesi 10
Gaziantep – Gaziantep Büyükşehir Belediyesi 11
Hatay – Hatay Büyükşehir Belediyesi 12
İstanbul – İstanbul Büyükşehir Belediyesi 13
İzmir – İzmir Büyükşehir Belediyesi 14
Kahramanmaraş – Kahramanmaraş Büyükşehir Belediyesi 15
Kayseri – Kayseri Büyükşehir Belediyesi 16
Kocaeli – Kocaeli Büyükşehir Belediyesi 17
Konya – Konya Büyükşehir Belediyesi 18
Malatya – Malatya Büyükşehir Belediyesi 19
Manisa – Manisa Büyükşehir Belediyesi 20
Mardin – Mardin Büyükşehir Belediyesi 21
Mersin – Mersin Büyükşehir Belediyesi 22
Muğla – Muğla Büyükşehir Belediyesi 23
Ordu – Ordu Büyükşehir Belediyesi 24
Sakarya – Sakarya Büyükşehir Belediyesi 25
Samsun – Samsun Büyükşehir Belediyesi 26
Şanlıurfa – Şanlıurfa Büyükşehir Belediyesi 27
Tekirdağ – Tekirdağ Büyükşehir Belediyesi 28
Trabzon – Trabzon Büyükşehir Belediyesi 29
Van – Van Büyükşehir Belediyesi 30
General information about Turkish residence and citizenship laws

General information about Türkiye

Experts and immigration lawyers of Holding (4K Group)are proud to provide the best consulting services to our dear compatriots, relying on their legal and immigration knowledge as well as their valuable experiences of many years.

Ask us your questions

If you do not find the answer to your question in this article or frequently asked questions, do not hesitate to contact us, our experts will contact you as soon as possible or send you the answers to your questions.

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