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Turkey

Eastern Mediterranean & Caucasus0 independent articles
Aegean-Med coast and Istanbul — high yields, low prices and citizenship for $400k.

Turkey blends a vast coastline (the Turquoise Coast, Bodrum, Antalya), a magnetic megacity in Istanbul, and one of the world's most popular citizenship-by-investment programmes (property purchase of $400k+). Yields are high and entry prices low in dollar terms, though lira volatility and inflation are the key risks to manage.

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Can foreigners buy?
Open; foreigners buy freehold (limits: max 30 ha per person and ≤10% of a district's area; some military zones barred). CBI from $400k property (3-year hold).
Taxes & buying costs
Title-deed (tapu) fee 4% (often shared); low annual property tax; rental income taxed; VAT exemption for first foreign purchase in FX.
What makes it unique
Big yields, low dollar prices, and citizenship from $400k of property — offset by currency risk.
1

Most prestigious places to own

Bodrum peninsula (Yalıkavak, Türkbükü)
Turkey's St-Tropez; marina villas and boutique estates.
$1m–$10m+
Sea-view villa
Bosphorus, Istanbul
Historic waterfront yalı mansions and prime towers.
$1.5m–$20m+
Yalı / luxury apartment
2

Best income potential from vacation renting

Antalya & Alanya
The mass-tourism Mediterranean coast; strong STR yields.
$120k–$500k
6–9% gross
Resort apartment
Fethiye & Kalkan (Turquoise Coast)
Villa-with-pool holiday-let market popular with Brits.
$250k–$900k
6–9% gross
Villa with pool
Istanbul (Beyoğlu, Şişli)
City short-lets + long-let depth.
$150k–$600k
5–8% gross
City apartment
3

Picturesque farms & rural tourism properties

Aegean hinterland (Urla, Şirince)
Vineyards, olive groves and boutique-hotel villages.
$250k–$1.5m
Wine/olive / agritourism
Vineyard / olive farm
Cappadocia
Cave-house boutique hotels in a unique landscape.
$200k–$1.2m
Cave-hotel tourism
Cave hotel / house
Thinking of living there?
Turkey residency and citizenship guide
Visas, work permits and the routes to a passport — separate from buying.
Read the guide →

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Foreign-ownership rules, purchase taxes and letting licences in Turkey move more often than buyers expect, and the change usually lands after you have committed. We will email you when they do — plus the weekly edition. One email a week.

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Indicative 2025–26 planning bands for screening only, not quotes and not advice. Holiday-let licensing, tax and foreign-buyer rules change frequently — confirm locally with a lawyer and tax adviser before buying.