Why is Bodrum an Ideal Choice for Real Estate Investment? Bodrum is known for its enchanting Mediterranean scenery, stunning beaches, and tranquil bays that attract those seeking sea-view villas and luxury yachts. The city continues to see growing demand for high-end properties from foreign buyers looking for villas for sale that offer privacy and high rental returns, especially during the long tourist season. Who Can Buy Property in Bodrum? According to Turkish law, most foreign nationals are allowed to purchase real estate in Turkey, including Bodrum, provided the property is within permitted areas and does not lie within military or security zones. Eligible properties include luxury villas, residential apartments, and seafront homes.   Which Nationalities Are Not Allowed to Own Property in Bodrum? Under Turkish law, most nationalities can legally own property, but there are clear exceptions for certain countries whose citizens cannot purchase real estate in Bodrum or elsewhere in Turkey. These countries include: Syria: Syrian nationals are prohibited from owning property in Turkey due to historic legal restrictions and old bilateral agreements. Armenia: Turkish law also prohibits Armenian citizens from purchasing real estate within Turkish territory. North Korea: Restrictions also apply to North Korean citizens. Cuba: Cuban nationals are not allowed to own real estate directly in Turkey.   Important Note: Even nationals of restricted countries can sometimes invest indirectly by establishing a company in Turkey, provided the company is licensed to engage in real estate activities in accordance with Turkish law.   Steps to Buying Property in Bodrum for Foreigners Search for the Right Property: Define the purpose of the purchase (residential, investment, holiday home) and choose the most suitable location, such as Yalıkavak, Türkbükü, Konacık, or Gumbet—known for their seafront residential complexes and premium amenities.   Work with a Trusted Real Estate Agency: Choose an authorized and reputable real estate agent who can present you with a diverse range of villas for sale in Bodrum. A good agent will have extensive knowledge of the local market, help you find the property that fits your needs and budget, and provide you with accurate advice on the most in-demand areas and expected rental returns. Most importantly, they will ensure full legal support throughout the buying process, from verifying the title deed to signing contracts and transferring the title, guaranteeing a smooth and secure transaction with no legal surprises.   Verify the Title Deed: Carefully check that the property’s title deed is completely free of any legal issues, debts, or mortgages that could affect your ownership rights. This should be done by reviewing the official land registry and ensuring all property details match the reality. It is strongly recommended to hire a real estate lawyer to review all documents and ensure their validity before finalizing the contract to secure a safe purchase with no future disputes.   Sign the Purchase Agreement: After agreeing on the final price and terms, both buyer and seller sign a preliminary sales contract that legally secures the rights of both parties and prepares for the official title transfer. The buyer typically pays a down payment of 10% to 30% of the total property value as proof of commitment and to reserve the property. The remaining balance is paid according to the agreed payment plan or upon completion of the title deed transfer, ensuring a smooth process and legal protection for the buyer during handover.   5- Transfer the Title Deed: The property is then officially registered at the local Land Registry Office where it is located. All legal procedures are finalized, the applicable fees are paid, and the title deed is formally transferred from the seller’s name to the buyer’s name. The buyer then receives the new “Tapu” (title deed) that legally proves full ownership of the property in Turkey—this is the most crucial step to safeguard ownership rights and future use of the property without disputes.   What Are the Costs of Buying Property in Bodrum? Title Deed Transfer Fee: A fixed rate of 4% of the declared property value in the official sales contract. Example: If you buy a property in Bodrum for USD 300,000, the title deed transfer fee will be approximately USD 12,000.   Legal & Lawyer Fees: It is always recommended to hire a specialized real estate lawyer to verify legal documents and oversee the official procedures. Lawyer fees typically range from USD 1,000 – 2,500, depending on their expertise and services provided.   Mandatory Property Valuation Report: The Turkish government requires an official appraisal report for each sale to foreigners to verify the actual market value of the property. The cost usually ranges between USD 200 – 500 depending on the location and size of the property.   Translation, Notarization & Power of Attorney Costs: Buyers may need to translate official documents (e.g., passport) by a sworn translator and have them notarized. These costs usually range from USD 200 – 500. If the buyer wishes to authorize a lawyer or agent to complete the process on their behalf, a Power of Attorney (POA) must be arranged at an approximate cost of USD 100 – 200.   Pro Tip: Some new projects offer full or partial coverage of the title deed fee as an incentive for foreign investors, so it is always worth negotiating this with the real estate agent or developer before signing the contract.   Benefits of Buying Property in Bodrum for Foreigners Attractive rental returns, especially for sea-view villas during the summer season. Easy resale opportunities due to high demand from both local and international buyers. Eligibility for a Turkish residency permit if requirements are met, or the option to apply for Turkish citizenship with an investment starting from USD 400,000.   Key Tips Before Buying Property in Bodrum Always visit the property in person or appoint a trusted representative to handle the process. Hire a specialized real estate lawyer to ensure all legal steps are handled properly. Make sure all payments and fund transfers are officially documented.   Conclusion Buying property in Bodrum allows you to combine an exclusive lifestyle with a rewarding long-term investment. Whether you are looking for a luxury sea-view villa or an apartment in an upscale residential project, Bodrum offers unmatched options on Turkey’s turquoise coast.   A Guide to Buying Real Estate in Bodrum for Foreigners

Snapshot of Istanbul’s Real Estate Market Performance (2024–2025) In recent years, Istanbul has witnessed significant growth in property prices, driven by major infrastructure projects such as the new Istanbul Airport, new metro lines, and bridges. In 2024, key districts like Sarıyer, Başakşehir, and Kağıthane saw price increases exceeding 20%, while other areas remained stable thanks to new supply. Forecasts for 2025 indicate continued moderate growth, supported by rising local and foreign demand—especially for projects that qualify investors for Turkish citizenship through real estate investment.   Why Real Estate in Istanbul Remains a Profitable Option Istanbul is one of the few cities that combines high investment returns with ongoing growth potential. Rental yields in Istanbul typically range from 4% to 7% annually, which is relatively high compared to many major European cities—depending on the property’s location, type, and surrounding amenities. This makes investment appealing, especially as demand for rentals continues to grow among both locals and foreigners. Moreover, Istanbul’s steady population growth and ongoing urban expansion ensure that resale opportunities remain strong—particularly for properties near business hubs or in districts undergoing major urban development. Additionally, Turkey’s citizenship-by-investment program remains one of the most attractive incentives for new investors. By purchasing real estate worth at least $400,000 USD, investors can obtain Turkish citizenship in a relatively short timeframe, gaining various benefits for themselves and their families. Buying off-plan properties (under construction) also remains a smart option for many investors. This approach allows you to benefit from lower pre-launch prices and flexible payment plans, with the potential to generate additional profit when the project is completed and sold at a higher price.   Top Promising Areas for Real Estate Investment in Istanbul (2025) Basaksehir: Basaksehir is among the fastest-growing districts in Istanbul, thanks to continuous government investment in transportation and modern infrastructure such as new metro lines, mega hospitals, and entertainment parks. This district is a top choice for both local and international families due to its modern feel, peaceful residential neighborhoods, and advanced educational and healthcare facilities—making it ideal for long-term residential investment or rental properties targeting families.   Sariyer: If you’re looking for a prestigious address on the European side, Sariyer is one of the most upscale and sought-after districts in Istanbul. This area features luxury villas and residential apartments with stunning views of the Bosphorus or the lush Belgrad Forest. Sariyer attracts investors who value privacy and tranquility yet want proximity to major business districts like Maslak. Its advanced infrastructure and closeness to international schools and universities further boost its long-term investment value.   Kagithane: Kagithane has rapidly transformed into a promising central district over recent years. Its proximity to Istanbul’s core and extensive urban renewal projects have completely reshaped the area, turning it into a favorite for investors seeking competitively priced apartments with strong rental returns. Excellent access to business centers and public transportation make Kagithane ideal for mid-term investment or resale within a short period.   Beylikduzu: Beylikduzu is an excellent option for those seeking more affordable properties compared to central districts. Located on Istanbul’s European side, Beylikduzu is a well-planned residential area known for its wide streets and availability of essential amenities such as schools, shopping centers, and public parks. The district delivers stable rental income due to strong demand from families looking for modern housing at reasonable prices with flexible payment options.   Areas Near the New Istanbul Airport: With the new Istanbul Airport now fully operational—one of the largest in the world—nearby districts have caught the attention of many investors. These areas are expected to see steady price growth as more infrastructure projects, highways, and new business centers, hotels, and residential complexes are completed. This makes them a strategic choice for investors aiming to tap into future growth and earn substantial profits when reselling.   Key Factors to Consider Before Investing in Istanbul Real Estate Verify Title Deeds: Always ensure that the property’s title deed (Tapu) is clean and free from legal issues, debts, or mortgages. Before finalizing any purchase, check the property record officially and hire a specialized real estate lawyer to review all documents and ensure there are no hidden financial liabilities attached.   Analyze Rental Yields and Occupancy Rates: Before purchasing, study the local rental market in your target area. Analyze average annual yields and occupancy rates to assess the profitability of your investment and ensure steady rental income—whether you plan for short-term or long-term rentals.   Work with Trusted Companies: Always choose reputable developers with a proven track record of successful projects. It’s also advisable to work with licensed real estate agents registered with official authorities in Turkey to ensure transparency and find properties that match your needs and budget without unexpected surprises.   Understand Ownership Laws and Citizenship Programs: If your goal is to gain Turkish citizenship through real estate, stay up to date with the latest rules and requirements—such as the minimum investment threshold and legal procedures. Also, make sure you understand foreign ownership laws and any regulatory changes that could affect your property rights in the future.   Calculate All Fees and Taxes Accurately: Costs don’t stop at the purchase price. Additional expenses to budget for include: Title deed transfer fee (about 4% of the property’s value) Mandatory property valuation fee Translation and notarization costs Lawyer or agent fees Administrative costs and property management fees if you rent out the property   All these details are essential for preparing a realistic budget and avoiding unforeseen financial obligations later.   Conclusion Yes, real estate in Istanbul remains a profitable option for new investors in 2025—especially when you choose the right area and conduct a thorough feasibility study. Core factors like location, project quality, reputable developers, and proper legal support are crucial for ensuring a secure investment with steady returns.   If you’re considering investing in Istanbul real estate, your best move is to work with a trusted real estate agent who can present you with the right opportunities and handle the legal process with full transparency. Contact us today to open the door to smart, profitable investment!

Why Istanbul? A Smart Investment in a Strategic Location Before diving into the financial details, it’s important to highlight that Istanbul is far from an ordinary city. It is one of the most vibrant and diverse cities in the world. Spanning both Europe and Asia, Istanbul holds a unique geographic, cultural, and commercial position—making it a rare investment hub that significantly boosts the value of any property within it. In addition to its strategic location, Istanbul is experiencing massive infrastructure development, including new metro lines, bridges, highways, and the Istanbul International Airport—one of the largest in the world. These developments continue to fuel the demand for both residential and commercial properties across the city, especially in newly emerging areas. Istanbul also offers a wide variety of lifestyles. Investors can choose between charming historical districts, modern business hubs, or upscale residential complexes with sea or forest views. This diversity creates real opportunities for high rental returns throughout the year thanks to strong demand from locals, expats, and tourists alike. Moreover, Istanbul’s real estate market has shown remarkable resilience and strength compared to many European cities, offering the potential for competitive resale value in the future—especially when properties are purchased in carefully selected locations within areas experiencing rapid urban expansion. In short, Istanbul is not just a beautiful destination; it’s a strategic investment choice for anyone seeking strong returns combined with a world-class lifestyle.   Main Fees and Taxes When Buying Property in Istanbul Title Deed Transfer Fee (Tapu): A 4% fee is applied to the officially registered property value. While the buyer and seller can negotiate who pays this fee, it is most commonly borne by the buyer.   Value Added Tax (VAT): For new developments—especially commercial properties or luxury residences—VAT may be applicable at rates ranging from 1% to 18%, depending on the property type and size. Tip: Learn how foreign buyers can benefit from VAT exemptions when purchasing property in Turkey.   Legal Consultation Fees: It is strongly recommended to hire a certified real estate lawyer to verify title deeds and ensure the property is free of debt or encumbrances. Legal fees typically range from $1,000 to $2,500.   Property Valuation Report: A valuation report is mandatory for foreign buyers. The cost generally ranges from $300 to $600 depending on the location and size of the property.   Hidden Costs to Watch Out for When Buying Property in Istanbul Maintenance and Shared Facility Fees: If you’re buying within a modern residential complex, be sure to ask about monthly maintenance fees, which usually range from $1 to $3 per square meter.   Annual Property Tax: Property owners in major cities like Istanbul are subject to an annual tax of 0.2% on residential properties.   Real Estate Agent Commission: Some agents charge up to 3% of the sale price as commission. Always agree on the commission terms in writing before signing any contracts.   Translation and Power of Attorney Costs: If you appoint a local representative to complete the transaction on your behalf, you’ll need to cover the costs of translating documents and notarizing powers of attorney. This can add an extra $300 to $800 to your total expenses.   Investor Tips to Avoid Unpleasant Surprises Set your budget with an added buffer of 5%–10% to cover additional fees. Work only with reputable developers and licensed agents. Ensure your sales contract clearly outlines all agreed-upon costs. Consult a tax expert to fully understand your annual obligations.   Practical example: For example, a property at $ 300.000, how much will it be added? Item Value in dollars Annual maintenance fees 2400$ Annual real estate tax 600$ Real estate mediator commission 9000$ Translation and power of attorney 500$ The total estimated 12.500$                       Thinking of Buying Property in Istanbul? Contact us today to explore the best real estate opportunities, complete with full legal support and expert consultation services—ensuring you a smooth, secure, and rewarding buying experience.

Housing Sales Statistics, May 2025 130,025 homes were sold across Turkey in May. Housing sales across Turkey increased by 17.6% in May compared to the same month of the previous year, reaching 130,025. The cities with the highest number of home sales were Istanbul with 22,103, Ankara with 11,975, and Izmir with 7,817, while the cities with the fewest were Ardahan with 48, Bayburt with 67, and Gümüşhane with 91. Housing sales increased by 25.4% in the January-May period compared to the same period of the previous year, reaching 584,170.   Mortgaged house sales amounted to 19,412 Mortgaged house sales across Turkey increased by 95.9% in May compared to the same month of the previous year, reaching 19,412. The share of mortgaged sales in total house sales was 14.9%. Mortgaged house sales in the January-May period increased by 98.7% compared to the same period of the previous year, reaching 88,606.   In May, 4,674 and 21,062 mortgaged house sales were first hand.   As a result of other sales types, 110,613 houses changed hands Other house sales across Turkey increased by 9.9% in May compared to the same month of the previous year, reaching 110,613. The share of other sales in total house sales was 85.1%. Other home sales between January and May increased by 17.7% compared to the same period of the previous year, reaching 495,564. The number of first-hand house sales reached 39,546 The number of first-hand house sales across Turkey increased by 11.2% in May compared to the same month of the previous year, reaching 39,546. The share of first-hand house sales in total house sales was 30.4%. In the January-May period, first-hand house sales increased by 17.7% compared to the same period of the previous year, reaching 174,055.   90,479 houses changed hands in second-hand house sales The number of second-hand house sales across Turkey increased by 20.6% in May compared to the same month of the previous year, reaching 90,479. The share of second-hand house sales in total house sales was 69.6%. Second-hand house sales increased by 29.0% in the January-May period compared to the same period of the previous year, reaching 410,115. 1,771 housing sales to foreigners were made in May Housing sales to foreigners decreased by 14.2% in May compared to the same month of the previous year, reaching 1,771. Housing sales to foreigners accounted for 1.4% of total housing sales in May. The cities with the highest number of housing sales to foreigners were Istanbul with 648, Antalya with 594, and Mersin with 145. Home sales to foreigners decreased by 13.7% year-over-year to 7,789 in the January-May period.   The highest number of home sales by nationality were to citizens of the Russian Federation The highest number of home sales by nationality in May were to citizens of the Russian Federation (274), Iran (133), and Germany (127). Housing Sales Statistics, June 2025 107,723 houses were sold across Turkey in June. Housing sales across Turkey increased by 35.8% in June compared to the same month of the previous year, reaching 107,723. The cities with the highest number of house sales were Istanbul with 17,656, Ankara with 9,428, and Izmir with 5,987, while the cities with the fewest were Ardahan with 38, Bayburt with 62, and Hakkari with 81. Housing sales increased by 26.9% in the January-June period compared to the same period of the previous year, reaching 691,893.   Mortgaged house sales amounted to 14,484 Mortgaged house sales across Turkey increased by 112.6% in June compared to the same month of the previous year, reaching 14,484. The share of mortgaged sales in total house sales was 13.4%. Mortgaged house sales in the January-June period increased by 100.5% compared to the same period of the previous year, reaching 103,090.   In June, 3,384 and 24,446 mortgaged house sales were first hand in the January-June period. 93,239.   houses changed hands as a result of other sales types Other house sales across Turkey increased by 28.6% in June compared to the same month of the previous year, reaching 93,239. The share of other sales in total house sales was 86.6%. Other home sales between January and June increased by 19.3% compared to the same period of the previous year, reaching 588,803. The number of first-hand house sales reached 33,569 The number of first-hand house sales across Turkey increased by 32.0% in June compared to the same month of the previous year, reaching 33,569. The share of first-hand house sales in total house sales was 31.2%. In the January-June period, first-hand house sales increased by 19.8% compared to the same period of the previous year, reaching 207,624.   74,154 houses changed hands in second-hand house sales The number of second-hand house sales across Turkey increased by 37.6% in June compared to the same month of the previous year, reaching 74,154. The share of second-hand house sales in total house sales was 68.8%. Second-hand house sales increased by 30.3% in the January-June period compared to the same period of the previous year, reaching 484,269. 1,565 housing sales to foreigners were made in June Housing sales to foreigners increased by 8.7% in June compared to the same month of the previous year, reaching 1,565. Housing sales to foreigners accounted for 1.5% of total housing sales in June. The cities with the highest number of housing sales to foreigners were Antalya with 603, Istanbul with 521, and Mersin with 128. Home sales to foreigners decreased by 10.6% year-over-year to 9,354 in the January-June period.   The highest number of home sales by nationality were to citizens of the Russian Federation The highest number of home sales by nationality in June were to citizens of the Russian Federation (326), Ukraine (111), and Iran (109).   Turkey Housing Sales Statistics for May-June 2025