Euro rates
  • USD/RUB74.6726
  • GBP/RUB101.7124
  • TRY/RUB1.6509
  • EUR/RUB87.8897
Alanya
+19°C
19.9°C
2285apartments on site

Turkish authorities raise the minimum price of real estate for citizenship

  • 04.05.2022
  • 91853
  • 276
  • 127
Turkish authorities raise the minimum price of real estate for citizenship

The Turkish government has decided to increase the minimum cost of buying real estate for foreign nationals to obtain citizenship. If some time ago they could buy a house or apartment for $250,000, now only investors who purchase real estate for $400,000 will become citizens of the country. The authorities also remind that this property cannot be sold or managed within 3 years from the date of purchase.

Comments
Leave comment
Read also
  • Renovation work is underway on Mustafa Uyar Park in Mahmutlar, Alanya
    Renovation work has begun on the Mustafa Uyar Cultural and Recreational Park in the Mahmutlar district of the resort town of Alanya. The 1,215-square-metre green space on Menderes Boulevard has long been in need of refurbishment, and the municipality has now commenced work. The Alanya Parks and...
    17.04.2026
  • Rental housing in Turkey becomes 4 times more expensive
    The cost of renting real estate in Antalya has increased 3-4 times. If earlier it was possible to rent apartments at the resort for $173 per month, now this price is $720 (as of 5 May 2022). Moreover, the demand for buying real estate has increased in the country: many buyers consider the purchase...
    28.04.2022
  • There is no housing left in Antalya
    Antalya's resorts are running out of vacant housing that could be rented. It was sold out by foreign nationals. Turkish residents report a real estate boom in Antalya. Meanwhile, as demand grew, prices also increased: the resort is more expensive than Istanbul, which has always been considered the...
    21.04.2022
Free consultation

Schedule a consultation with our real estate experts

Ali Pazandeh
Sales representative, Graphic designer