Buying property in Turkey
From turquoise coastlines to historic cities, buying property in Turkey is your chance to enjoy a relaxed Mediterranean lifestyle. Whether you’re looking for a second home or a new life abroad, our property buying guide covers everything you need to know, including:
- Important considerations when buying a property in New Zealand
- Information on navigating local taxes, visas and other regulations
- A handy checklist for ensuring you’re on track
- Lots of other little tips to support your dream move
Why buy property in Turkey?
Whether it’s a coastal escape or a smart investment, buying property in Turkey is a chance to enjoy a unique mix of rich culture, great value, and relaxed Mediterranean living. From the buzzing streets of Istanbul to the sun-soaked shores of Fethiye, there’s something here for every kind of buyer.
Property prices
Turkey offers excellent value for money compared to other Mediterranean destinations, especially in resort areas and emerging city suburbs.
Landscape
Turkey’s scenery is as diverse as its culture, with landscapes which are home to stunning scenery, from sea level to alpine altitude and the grand city of Istanbul.
Cost of living
Day-to-day life is refreshingly affordable, with low utility costs, dining, and services compared to the UK. According to Numbeo in early 2025, the average grocery prices in Turkey are 37% less than in the UK and restaurant prices 49% cheaper.
Can UK residents buy property in Turkey?
Yes, UK citizens can buy property in Turkey as non-residents. Most property types are available, though certain rural or military-zoned areas may be restricted.
It’s always a good idea to work with a local, independent lawyer to ensure your property sale is in line with local customs.
What kind of VISA will I need?
UK citizens can stay in Turkey for up to 90 days within a 180-day period on a tourist visa. If you’re planning to stay longer, you’ll need one of the following:
Short-term residence permit: Common for property owners, valid for up to two years and renewable.
Family residence permit: Available if joining a spouse or family member with legal residency.
Long-term residence permit: For those living in Turkey continuously for eight years or more.
Work permit: Required if you plan to be employed in Turkey.
Note that buying property in Turkey doesn’t automatically grant residency, so be sure to check the latest visa requirements through the Directorate General of Migration Management or your nearest Turkish consulate.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Lumon or its subsidiaries, and it is not intended as a substitute for obtaining advice from the relevant professional services. We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Where to buy property in Turkey
Istanbul
Historic yet fast-paced, Istanbul is ideal for city lovers, investors, and those seeking strong rental potential.
Didim
A budget-friendly beach town with a growing expat community and relaxed pace.
Bodrum
A stylish coastal favourite with a mix of modern resorts and traditional Turkish charm.
Fethiye
Loved by UK buyers for its natural beauty, laid-back lifestyle, and good infrastructure.
Alanya
Sunny, scenic, and well-developed, Alanya offers strong value and a family-friendly vibe.
Currency exchange considerations for UK Buyers
At Lumon, we’re here to simplify the currency side of your property purchase, helping you transfer funds overseas with ease.
Exchange rates could affect your budget
The Turkish Lira can be volatile, so timing your exchange can make a big difference. Working with a Lumon currency specialist can help you plan ahead, lock in favourable rates, and avoid hidden fees when transferring large sums for deposits or final payments.
Sending international payments
From your first deposit to your final transfer, we help you send money abroad with confidence. We have a range of transfer options to suit your needs and where you are in your property journey.
How to plan costs when buying property in Turkey
Our buying guide for Turkey goes into depth about how to buy property there and what to factor in, including:
Set your budget: Include the property price, legal fees, taxes, and currency exchange costs.
Understand local costs: You’ll also need to factor in DASK (earthquake insurance), title deed fees, and utility setup costs, all of which vary by location.
Have your deposit ready: Deposits typically range from 10–30%. Being ready with funds helps you act quickly when you find the right place.
Frequently asked questions
Is buying property in Turkey a good investment?
It can be, especially in growing markets like Istanbul or coastal towns with strong tourism appeal. Affordable prices, potential rental income, and long-term growth in value make it attractive, but local market research is key.
Can I buy property in Turkey as a non resident?
Yes, non-residents, including UK citizens, can buy property in most parts of Turkey. Some military or sensitive zones may have restrictions, so check before making an offer.
Do you pay UK stamp duty on property in Turkey?
No, UK stamp duty doesn’t apply to foreign property purchases. However, Turkey has its own taxes and transfer fees you’ll need to account for when buying.
Do I have to declare a Turkish property to HMRC?
Not the property itself, but you must declare any rental income or capital gains to HMRC if you’re a UK tax resident.
How can I reduce UK tax on my Turkish property?
Thanks to a UK-Turkey double taxation agreement, you may be able to offset some of your UK tax liability. A tax adviser can help you understand how to make the most of any reliefs or allowances.
Can I get a mortgage to buy property in Turkey?
Yes, foreign buyers may be eligible for Turkish mortgages, but options are limited. Many UK buyers choose to use savings or equity from a UK property. If borrowing in Turkish lira, be aware of currency risk and changing interest rates.
Legal considerations when buying a property in Turkey
Get independent legal advice: Appoint your own lawyer — ideally someone experienced in Turkish property law who can guide you through every step, in your language.
Check for restrictions: Some areas near military zones or border regions may be restricted to foreign buyers. Your lawyer can check the land registry to ensure the property is eligible.
Protect yourself from fraud: Work with trusted professionals and verify all documentation, including the title deed (TAPU), before sending funds or signing contracts.
The step-by-step process of buying property in Turkey
1. Set your budget
Include purchase price, taxes, and legal fees. Don’t forget currency exchange costs and property registration fees.
2. Pick your location
From city living in Istanbul to coastal calm in Fethiye, choose an area that suits your lifestyle and long-term goals.
3. Get your paperwork ready
Apply for a tax number and open a Turkish bank account. Your lawyer will help with due diligence and the title deed process.
4. Make an offer and appoint a lawyer
Once you’ve found your property, your agent will help agree the terms. A reservation deposit may be required to secure the deal.
5. Transfer your funds and complete the purchase
A Lumon currency specialist can help you secure a strong rate and avoid hidden fees. Once payment is made and contracts are signed, the keys are yours.
Working with Lumon – your trusted currency partner
Our team of currency specialists have the local market knowledge to help you navigate the process of buying a property in Turkey. With over 25 years of international property experience, we’re here to help make the process hassle-free.
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Your property buying guide
Our property buying guide is packed with information and resources to support you on your property journey, including:
- Important considerations when buying a property in Turkey
- Information on navigating local taxes, visas and other regulations
- A handy checklist for ensuring you’re on track
- Lots of other little tips to support your dream move
