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Ask Us Anything

Help and Advice

Will I need Home Insurance?

Every owner of a Turkish property needs to get the national earthquake insurance, called DASK.  

The DASK will be done before the Tapu transfer to be able to complete the paperwork. It covers a year and is being paid in one payment, and is approximately 2.15 TL per m2. As an example, a newly built apartment of 120 m2 would pay 257 TL annually. When it comes to renewals, there are discounts available. 

Getting a Residency Permit

Did you know that foreigners who buy a house Turkey can apply for a residence permit? Yes, the Turkish government shows a great effort to motivate and offer support to foreign real estate buyers in Turkey. For example, in 2013, the government declared that an investor would be able to apply for a residence permit, which can be renewable as long as the property still under the buyers’ name. However, if you don’t plan to live in Turkey and only visit on holidays, you wouldn’t need a residence permit.

Is it Safe to buy Property in Turkey?

Over the course of the past 10 years Turkey has become a place where more and more foreigners are choosing to purchase property. Provided you do things the right way then it is very safe to buy property in Turkey.

Why are Turkish Properties so cheap?

Property in Turkey is very affordable, and the properties offer a luxury lifestyle. The infrastructure has to be put into place but the materials to build are fairly cheap and that's why you will still see plenty of property being built for affordable prices.

Is there a property tax for houses in Turkey?

Currently, Turkish homeowners pay an annual property tax, which is 0.1% of a property's value.

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