One of the safest and most profitable methods of foreign real estate investment is buying a property in a residential complex in Turkey. Buying a Cite apartment in Turkey is a safe way to invest in real estate and a safe way to make a profit in the shortest possible time. Modern and luxurious residential complexes are being built in strategic cities in Turkey, such as Istanbul, Ankara and Antalya, and even the wealthy in Turkey are interested in spending their annual capital gains on buying a unit in these residential complexes.
Investing in Turkey by buying a residential complex in Istanbul and the large and modern cities of this country, in addition to preserving the value of your money, is an investment product that generates foreign exchange income and significant profits. By buying a Cite in Turkey worth at least $ 400,000 or more, you will be granted citizenship of this country as a guarantee and within a maximum of 6 months. Also, if the price of the property purchased is at least $ 75,000, you can receive a 2-year and renewable residence permit in this country.

Buying Property in a Residential Complex in Turkey

A complex is a normal complex of apartments, towers, villas, or a combination of all three types of real estate structures that is built in an environment with green space and amenities, has a controlled space (with guards), and traffic in it is not possible for people who do not live in the complex. Complexes are very similar to residential complexes in Iran.

Complexes have a higher level of amenities than normal apartments, but they do not reach the quality level of residences. Cite residential complexes have facilities such as indoor or outdoor swimming pools, saunas, jacuzzis, children’s play areas, fitness clubs, private green spaces and even shopping malls.

Buying property in a Cite residential complex in Turkey is suitable for 3 groups of investors:

• People who intend to obtain Turkish residency or citizenship and live with their family in Turkey

• Investors who intend to make a profit in the Turkish real estate and housing market

• People who are looking to buy the best properties in Turkey with the aim of renting out their property and generating income

We suggest that you visit the Buy a House in Turkey page for more information. In this section, by clicking on each of these houses, you can view photos and information about it.

Benefits of investing in Turkey by purchasing a residential complex

Buying property in a residential complex in Turkey, like other methods of real estate investment in Turkey, has several advantages:

✓ Obtaining a Turkish passport in less than 6 months

The first and most important advantage of buying property in a residential complex in Cite is obtaining Turkish citizenship and passport quickly and easily. According to the laws of the country’s immigration department, all foreign nationals who purchase property worth at least $400,000 and above can apply for a Turkish passport.

✓ Obtaining Turkish residency

The next advantage of investing in Türkiye by purchasing a residential complex is obtaining Turkish residency. If you buy a residential unit worth at least $75,000 in Cite, you can apply for Turkish residency with that property document.

✓ Profitable investment

Since 2020, due to the increase in global inflation, the renovation and reconstruction of large and modern cities in Turkey, and the growth of the country’s real estate and housing market, Turkish real estate prices have experienced significant growth. The construction of luxury residential complexes, the construction of commercial and office towers, the creation of new highways to quickly connect cities, and the presence of large European and American investors in this country, have caused the price of Turkish real estate, especially residential complexes, to grow continuously.

✓ Access to the best amenities

Different cities in Turkey, especially Istanbul, Ankara, Izmir and Antalya, have the best medical facilities, clinics and hospitals, educational centers, the best universities, the most attractive entertainment and tourism centers, diverse shopping centers, and also excellent job opportunities. In addition, Turkey is a country with a pleasant climate and you can enjoy its beauties in all 4 seasons of the year.

Purchase price of a residential complex (Site) in Turkey

The purchase price of an apartment or villa in a Site residential complex is influenced by various factors. From the city, region and neighborhood to the dimensions and number of rooms of the house, its facilities and accessibility, all have an impact on prices. In the table below, you can see the minimum purchase price of a residential complex (community) in Turkey and its major cities:
Community price in Istanbul:

Property TypeArea and number of bedroomsStarting Price
ApartmentOne bedroom (60 to 70 square meters)$200,000
Villa80 to 500 square meters$600,000 to $3 million and up
Luxury TowersOne bedroom (60 to 70 square meters)$600,000

Community price in Ankara:

Property TypeArea and number of bedroomsStarting Price
ApartmentOne bedroom (60 to 70 square meters)$100,000
Villa80 to 500 square meters$150,000 to $800,000
Luxury TowersOne bedroom (60 to 70 square meters)$300,000

Community price in Antalya:

Property TypeArea and number of bedroomsStarting Price
ApartmentOne bedroom (60 to 70 square meters)$150,000
Villa80 to 500 square meters$300,000 to $2.5 million and up
Luxury TowersOne bedroom (60 to 70 square meters)$300,000

Usually, the prices of properties located in prestigious neighborhoods, the prices of luxury villas and communities that have various amenities and recreational facilities are higher than in other areas. Also, having special facilities such as security, swimming pool, large parking lot, club, etc. also affects the price of the property.

Purchase price of a residential complex (Cite) in Turkey in Iranian currency

Estimating the purchase price of a unit in a residential complex (Cite) in Turkey in Iranian currency is a bit difficult due to exchange rate fluctuations. However, considering the average daily price of the dollar (50 thousand tomans), to buy an apartment unit in Cite worth approximately 400 thousand dollars and with the aim of obtaining Turkish citizenship, you need a capital of about 20 billion tomans. Of course, in luxury residential complexes, you will need a budget of more than this amount.

However, if your intention is to obtain Turkish residency, with a smaller budget of about 3-4 billion tomans, you can buy a 60 to 70-meter one-bedroom apartment in residential complexes in good areas of Istanbul, Ankara and Antalya.

Laws on Buying and Selling Site in Turkey

The most important laws regarding buying and selling site in Turkey are:
If your intention in buying property in site is to obtain Turkish residency or passport, you must comply with the minimum investment value law. The minimum investment amount for purchasing a residential unit with the aim of obtaining Turkish residency is $75,000 and $400,000 for obtaining citizenship.
If your aim in investing in property and buying site in Turkey is to obtain residency in this country, you should make sure that the residential apartment you want should not be in “prohibited areas”. Prohibited areas are neighborhoods where at least 25% of the residents are foreigners. You can see the list of these neighborhoods on the Turkish Immigration Office website.
If the deed of the apartment you intend to buy has already been used by a foreigner to obtain a passport, you cannot apply for Turkish citizenship and a Turkish passport with that deed.
Only one family can apply for citizenship with a deed of a real estate unit in Cite.
The property payment must be made in one of the official Turkish banks in dollars, euros and pounds.

Documents required to buy a site in Turkey

The documents required to buy a property in a residential complex in Turkey and to register the property in the name of the property are:
• Documents required for the transfer of the document
1. Official translation and original copy of the buyer’s passport
2. Obtaining the buyer’s tax number
3. Completing the identity information form
4. Property value expert report
5. Current property document
6. Seller’s ID card
• Other required documents
1. Depositing the tax in the name of the property (equivalent to 4% of the declared purchase price of the property to the tax office)
2. Payment of the fee related to the compulsory earthquake insurance (DASK)

The best cities in Turkey to buy a site

Currently, residential projects and luxury complexes and There are many beautiful cities under construction in different cities of Turkey, but the best cities that we recommend for buying a residential complex (city) and investing in real estate are Istanbul, Ankara and Antalya.

Istanbul City

Istanbul is the capital of Turkey and one of the most popular cities in the country. Istanbul has many and special opportunities for buying a residential complex (city). This beautiful and ancient city with a rich culture has incredibly attractive natural landscapes. In addition, it has complete, advanced and up-to-date welfare, medical, recreational and educational facilities. According to the REIDIN report, Istanbul ranks first in terms of real estate investment profitability and second in terms of rental income. We recommend that you enter the page for buying property in Istanbul for more information. In this section, by clicking on each of these houses, you can see photos and information about it.

Ankara City

Ankara is the administrative and economic center and one of the best cities for investing and buying property in a residential complex in Turkey. Ankara is one of the most populous cities in the country and, as the administrative capital of Turkey, has a dynamic and growing property market due to its increasing industrial growth and the creation of many job opportunities. According to the REIDIN report, Ankara ranks second in terms of real estate investment profitability and third in terms of rental income.

Antalya City

Our next suggestion for buying property in a residential complex in Turkey is Antalya. Antalya is one of the most popular tourist destinations in Turkey and an attractive city for real estate investment in the country. The city has a Mediterranean climate, beautiful beaches and numerous historical, recreational and tourist sites. According to the REIDIN report, Antalya ranks fourth in terms of real estate investment profitability after Izmir and first in terms of rental income.
In addition to the cities we introduced, you can also buy property in the cities of Izmir, Adana, Konya, Bursa, Kayseri, Van, Sanliurfa and Manisa. The choice of each of these cities depends on your investment goal and the amount of budget you have allocated for this.

Important points when buying a site in Turkey

Like other methods of real estate investment in this country, buying a site in Turkey has important points that we will explain below:

City and neighborhood of the desired property

PBefore you decide to buy an apartment in a residential complex, be sure to choose your favorite area and neighborhood with the help of real estate consultants who know the different areas of large cities like Istanbul well. Especially if you plan to immigrate and live in Turkey, you should pay attention to amenities and entertainment facilities, proximity to medical centers, distance to shopping centers, schools and public transportation.

Possibility of purchasing property in installments

To buy from residential complexes in Turkey, you can use the installment method in addition to the cash purchase method. Because some projects have also provided the possibility of purchasing in installments for foreign buyers.

How to transfer money to Turkey

The purchase amount of a property in Turkey is naturally a significant amount and cannot be transferred in cash. For safe money transfer, the best and most reliable method is reputable Iranian exchange offices located in Turkey. These exchanges charge lower fees compared to domestic exchanges and have a faster processing speed.

Consultation for buying a residential complex in Turkey with Home Turk

Buying a property in a residential complex in Turkey and large cities such as Istanbul requires knowledge of valuable real estate projects, familiarity with the areas and neighborhoods of major Turkish cities (Istanbul, Ankara, Antalya, etc.), and extensive experience in the Turkish real estate and housing market. Therefore, we recommend that you seek help from a professional Iranian real estate consulting team such as Home Turk Holding when buying a residential complex and choosing a property in a residential complex.

Home Turk Holding Real Estate Consulting, as a specialized, trusted and experienced team in the field of consulting for buying and selling a residential complex and various types of residential, office and commercial complexes in different cities in Turkey, offers you the best areas of Turkey and Istanbul at reasonable prices and the potential for return on investment and profitability, so that you can multiply your capital while taking advantage of the attractive benefits of Turkish residency and passport.

Frequently Asked Questions

Can I obtain permanent residency in Turkey by purchasing property in a residential complex?

Yes. You can easily obtain Turkish residency by purchasing an apartment worth at least $75,000. Also, if the price of the property is $400,000 or more, you can obtain a Turkish passport within a maximum of 6 months.

How much does it cost to rent a luxury residential complex in Türkiye?

The rent for residential units in Sita varies from 6,000 to 7,000 liras per month to 25,000 liras and more, depending on its location.

What is the minimum purchase price for a residential complex in Türkiye to obtain residency?

The value of the property you purchase in Cité must be at least $75,000.

{ “@context”: “https://schema.org”, “@type”: “FAQPage”, “mainEntity”: [{ “@type”: “Question”, “name”: “Can I obtain permanent residency in Turkey by purchasing property in a residential complex?”, “acceptedAnswer”: { “@type”: “Answer”, “text”: “Yes. You can easily obtain Turkish residency by purchasing an apartment worth at least $75,000. Also, if the price of the property is $400,000 or more, you can obtain a Turkish passport within a maximum of 6 months.” } },{ “@type”: “Question”, “name”: “How much does it cost to rent a luxury residential complex in Türkiye?”, “acceptedAnswer”: { “@type”: “Answer”, “text”: “The rent for residential units in Sita varies from 6,000 to 7,000 liras per month to 25,000 liras and more, depending on its location.” } },{ “@type”: “Question”, “name”: “What is the minimum purchase price for a residential complex in Türkiye to obtain residency?”, “acceptedAnswer”: { “@type”: “Answer”, “text”: “The value of the property you purchase in Cité must be at least $75,000.” } }] }