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INCOME MERSIN answer

What kind of real estate is suitable for a residence permit in Turkey?

To apply for a short-term residence permit for real estate - KISA DÖNEM (B), the property must meet several conditions.

The property must be:

  • residential;
  • registered in the name of the applicant;
  • habitable;
  • used by a foreigner specifically for living, and not for rent and income generation;
  • the cost of ONE residential property is not less than 200,000 US dollars in Turkish lira equivalent on the date of purchase
  • be in an open area

Even if the applicant has several apartments, applications for a residence permit are submitted for one apartment at a time, with the value in the TAPU (cadastral value) being indicated as no less than $200,000 in lira at the exchange rate on the day the TAPU was issued.

This means that it is possible to buy an apartment in Turkey for less than $200,000, but such a purchase should not be considered as a basis for a residence permit based on real estate.