How To Buy Real Estate In Turkey With Crypto

Turkey’s real estate market is among the fastest-growing globally, offering solid returns for investors. In 2024, total home sales surged 20.6% to reach 1.48 million units. Despite high inflation, real price growth ranged from 3 to 20% depending on the area.

Average gross rental yield is 7.41% as of Q1 2025, with coastal and university cities often seeing 8–12% returns. With such demand, affordability, and ease of buying with crypto, Turkey is a top choice for real estate investors using Bitcoin, USDT, or ETH. In this guide, we’ll explain how to invest in Turkish real estate using crypto — step by step.

If you’re looking for a reliable partner to handle the transaction smoothly and legally, 1tab can help you buy property in Turkey. We work with crypto, provide full documentation, and lead you through the process. Leave a request to discuss it with our manager.

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The Advantages of Buying Real Estate in Turkey

With a growing population, booming tourism, and affordable prices compared to many European countries, Turkey’s real estate draws interest from both domestic and international buyers.

Turkey offers a unique mix of lifestyle benefits and strong investment potential:

• Growing urban population. Turkey’s population reached approximately 87.56 million in 2024, with 76.4% living in urban areas.

• Tourism boom. In 2024, the country welcomed about 62.2 million foreign and diaspora visitors, generating over $61.1 billion in revenue — a 9% increase in arrivals and an 8.3% rise in tourism income.

• Affordable property prices. The nationwide average price was $988/m² in 2024, with Istanbul averaging $1,520/m², significantly lower than in Western Europe.

• High rental returns. The average gross rental yield across Turkey is 7.41%, and Istanbul yields range from 4% to 11.7%, averaging around 7.3%.

• Steady capital growth. In 2024, property prices rose by 56% in Istanbul, 46% in Alanya, and 39% in Antalya, driven by strong demand, population growth, and tourism-related infrastructure.

• Diversified market. You can buy a vacation apartment, a family home, or a rental property.

• Residency options. Any property purchase in Turkey allows you to apply for a renewable residence permit based on the title deed (TAPU). After five years of continuous residence (not leaving the country for more than six months per year), you can apply for citizenship. Buying property worth $400,000 or more grants immediate citizenship without the waiting period.

Cryptocurrency Regulation in Turkey

Turkey now treats crypto-service providers like traditional financial institutions. As of February 25, 2025, all crypto transactions exceeding 15,000 TRY require complete identity verification for both the sender and the receiver. Additionally, Turkey imposes a small 0.03% transaction tax on crypto trades.

These rules align with global standards, such as the EU’s MiCA. In practice, this means you can legally hold and trade cryptocurrency, but platforms must verify your identity and monitor transactions to prevent money laundering.

Is It Possible to Buy Real Estate in Turkey with Bitcoin or Other Crypto?

Yes. Dozens of real estate agencies in Turkey now accept cryptocurrency, including Bitcoin (BTC), Ethereum (ETH), and USDT. Most often, they work with licensed OTC providers or crypto payment platforms that convert your assets into Turkish lira (TRY) during the transaction.

There are two ways to purchase real estate for cryptocurrency in Turkey:

• transfer from your e-wallet to the seller’s wallet,

• or by converting virtual coins into fiat money.

In the second case, you need to exchange Bitcoin or another coin for dollars, euros, or Turkish lira, and then transfer the funds to the seller’s bank account.

If the seller doesn’t accept crypto directly, 1tab helps you cash out your funds legally in Turkey — so you can pay the seller without using international transfers or paying SWIFT fees. This method is faster, fully compliant, and more cost-efficient. You are also not limited to a specific coin, as we support BTC, USDT, ETH, and others.

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Are There Any Restrictions on Real Estate You Can Buy in Turkey?

Foreigners can buy most properties in Turkey, including apartments, houses, commercial units, and land. But there are important limits and rules to follow:

• Land area limits. You can own up to 30 hectares (300,000 m²) in total across the country.

• District ownership cap. Foreign ownership in any district cannot exceed 10% of privately owned land.

• Military and security zones. Property in restricted military or strategic areas is off-limits.

• Agricultural land rules. Buying farmland (“tarla”) is allowed but comes with extra checks. You may need to submit a development project within two years and obtain approvals from the Ministry of Agriculture or the Governor’s Office.

If you’re purchasing a home or investment unit, these restrictions usually don’t apply. But if you’re interested in large plots of farmland, it’s essential to carry out proper legal checks. Always work with a licensed real estate agent and a legal advisor who can verify zoning, check for permissions, and help you avoid invalid or voidable purchases.

Some properties in officially designated tourist development areas benefit from relaxed regulations under the Tourism Encouragement Law (Turizm Teşvik Kanunu): simplified building permits, tax incentives, and faster approval procedures. These zones are strategically crucial for the tourism sector and are often located in coastal cities like Antalya, Alanya, and Bodrum. These areas are often more open to foreign ownership, making them attractive for international buyers interested in short-term rentals or hotel-style developments.

Most Popular Cities in Turkey to Buy Real Estate

The market remains active year-round, driven by strong tourism, a growing expatriate community, and high rental demand. Below are some of the most popular locations for buying property in Turkey, depending on your goals.

Istanbul

Istanbul is Turkey’s largest city and a major global hub for business and culture. As of 2024, its population is approximately 15.7 million people. Istanbul attracts a large number of both domestic and international tourists, with over 14 million visitors recorded in 2024.

Property prices in prime districts such as Beşiktaş, Kadıköy, and Şişli average around $1,295 per square meter in 2025. Real estate in Istanbul has seen strong growth, with prices rising approximately 23.5% year-over-year (2023–2024) and an overall increase of 82% since 2018.

Notably, districts with high rental yields include Beyoğlu and Şişli, where annual yields range from 6.8% to 6.9%.

Istanbul’s combination of high demand for rental properties and steady capital appreciation makes it an ideal destination for investors seeking both short-term rental income and long-term asset growth.

Antalya

Antalya is one of Turkey’s most popular cities for real estate investment, especially among foreign buyers. As of 2024, the city’s population is approximately 1.37 million, with the greater metropolitan area reaching around 2.72 million people. Antalya welcomed over 17.3 million international tourists in 2024, showing an 8% increase from the previous year.

Property prices in Antalya vary by district. In sought-after areas like Lara and Konyaaltı, prices range from $2,800 to $4,000 per square meter, and more affordable neighborhoods such as Kepez and Döşemealtı start from around $1,200 per square meter.

Experts forecast a 5–10% increase in real estate prices in Antalya for 2025, making these locations appealing to investors looking for stable rental returns and long-term capital appreciation.

Alanya

Alanya is a popular Mediterranean resort city with a population of about 361,000 as of 2024. It attracts tourists year-round due to its favorable climate, beautiful beaches, and vibrant local culture, drawing over 3 million visitors annually.

The average property price in Alanya is $1,240 per square meter in 2025. Compared to larger cities like Istanbul and Antalya, Alanya offers more affordable real estate options with attractive rental yields. Depending on the area, gross rental yields range from 6% to 11%, with studios and one-bedroom apartments (1+1) in neighborhoods such as Mahmutlar, Oba, Cleopatra, and Tosmur delivering the highest returns.

Izmir

Izmir, Turkey’s third-largest city, has a population of about 4.46 million as of 2024. Known for its modern infrastructure, vibrant economy, and coastal location, Izmir attracts both residents and expatriates seeking a high quality of life.

The average property price in Izmir is approximately $ 1,118–1,139 per square meter in 2025. The city offers stable capital appreciation and strong rental demand, particularly in popular districts such as Konak, Karşıyaka, and Bornova. Rental yields range from 5% to 7%, making Izmir attractive for investors looking for consistent returns in a growing market.

Izmir actively develops its transport network, including a high-speed rail link to Ankara, and remains an important tourist and business hub. In December 2024, the city hosted TTI İzmir, the country’s largest tourism exhibition, highlighting its growing role in international tourism. This growing infrastructure and tourism contribute to steady population growth and increasing interest in the real estate market, supporting both short-term rental opportunities and long-term investments.

Bursa

Bursa, with a population of about 3.2 million in 2024, is one of Turkey’s fastest-growing cities, blending urban living with natural beauty. Known for its rich history, industrial base, and proximity to Istanbul, Bursa offers attractive mid-range property prices.

As of 2025, the average price for real estate in Bursa is around $800 per square meter. The city presents good opportunities for investors, with rental yields typically ranging from 6,7% to 8,3%. Key districts, such as Osmangazi, Nilüfer, and Yıldırım, are popular among buyers due to their well-developed infrastructure and accessibility.

Bursa’s steady population growth and expanding transport links, including improved highways and rail connections to Istanbul, support increasing demand for housing. The city’s balance of affordability, quality of life, and economic development makes it a compelling choice for both residential and investment real estate.

Bodrum

Bodrum, a premier coastal city with a population of approximately 180,000 as of 2024, is well known for its luxury property market and high-end lifestyle offerings. Renowned for its picturesque beaches, rich history, and lively marina, Bodrum draws wealthy buyers in search of luxury villas and exclusive holiday properties.

Property prices in Bodrum vary widely depending on the location and type. Affordable apartments are available starting from €1,500–2,000 per square meter, while luxury villas and seafront mansions can exceed €6,000 per square meter, with total property values reaching €1.5–2 million or more. Rental yields range from 4% to 6%, driven by strong seasonal demand from international tourists and wealthy domestic buyers. In premium areas like Yalikavak, Turkbuku, and Gümüşlük, luxury rentals can yield returns of 8–12% during peak season.

Bodrum’s well-developed infrastructure, exclusive resorts, and cultural events make it an ideal place to invest in premium real estate and seasonal living. After rapid growth in 2022–2024, the market stabilized in 2025, but continues to grow by 10-16% per year, especially in the premium segment. The attractiveness of Bodrum lies in the combination of natural beauty, luxurious amenities, and a sophisticated social environment, which attracts investors and homeowners looking for opportunities for both lifestyle and capital gain.

Mersin

Mersin, a growing coastal city on the southeastern Mediterranean coast of Turkey, has a population of around 1.9 million as of 2024. It remains relatively underrated among international buyers, making it a great option for investors seeking affordable entry points and long-term appreciation.

As of 2025, average property prices in Mersin range from approximately $700 to $1,150 per square meter, varying by neighborhood and proximity to the sea. Coastal districts like Mezitli and Erdemli tend to be at the higher end, while inland areas such as Toroslar offer more affordable options. Thanks to ongoing infrastructure development and increasing migration from other Turkish cities, Mersin’s real estate market has demonstrated steady growth. In 2024, property prices increased by over 40%, with expectations of continued appreciation as the region attracts more interest from both investors and residents.

Rental yields in Mersin can reach 6–7% annually, particularly in well-located districts like Mezitli and Yenişehir. The city’s port, growing economy, and improving transportation links — including a future metro line — further enhance its appeal as an emerging investment hub with strong long-term potential.

Ankara

Ankara, the capital city of Turkey, is home to about 5.8 million people as of 2024. As the country’s administrative and political center, it offers a stable property market driven by consistent demand from government employees, students, and local professionals.

The average property price in Ankara is around $750–$1,050 per square meter, depending on the district, with popular areas like Çankaya and Yenimahalle commanding higher rates. In 2024, Ankara’s property prices increased by approximately 36.6% year-over-year in nominal terms, although real growth was slightly negative due to high inflation.

Rental yields typically range from 5% to 9% annually, particularly in districts such as Çankaya, Yenimahalle, Keçiören, and Mamak, as well as near universities and government institutions. With a solid local rental market, relatively low entry prices, and strong demand for long-term leases, Ankara remains a practical choice for investors seeking stability and dependable returns.

Buying Property in Turkey with Crypto in Steps

Buying real estate in Turkey with cryptocurrency is simple if you use a reliable partner. At 1tab, we help you complete the whole process safely, quickly, and in line with local laws. Here’s how it works:

1. Submit a request via our website or Telegram bot. Choose your crypto, amount, and location.

2. Confirm transaction details. We’ll contact you to clarify payout method, rate, and delivery terms.

3. Complete fast KYC. Upload a valid passport or ID, take a selfie, and fill out a short form.

4. Provide source of funds documents for amounts over $50,000 — we accept annual bank statements, property sale contracts, or car sale agreements.

5. Send crypto to 1tab. We convert and transfer the fiat directly to your real estate agent or escrow. All transfers are accompanied by complete legal documentation.

6. Finalize the purchase. Your agent registers the property, and you receive the ownership documents.

Ready to proceed or have questions? Contact us to discuss the details of your crypto real estate deal.

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Which Documents Do You Need to Buy Property in Turkey?

To complete a real estate purchase in Turkey, you’ll need to provide a few standard documents. Here’s what you’ll need:

• passport — original document and a copy with notarized Turkish translation (biometric photographs may be required for remote transactions or follow-up legal processes);

• taxpayer identification number (Vergi Kimlik Numarası) — can be obtained in person or online within one day;

• real estate sale and purchase agreement;

• documents confirming the cryptocurrency transaction — provided by 1tab;

• real estate valuation report — mandatory for all property sales; it can be obtained through licensed real estate agencies, banks, or the cadastral office (Tapu ve Kadastro Genel Müdürlüğü);

• permission from government authorities — if required for specific types of property.

Can You Obtain a Turkish Passport Through Local Real Estate Investments?

Yes. Turkey offers a citizenship-by-investment program. You can apply for a Turkish passport if you buy property worth at least $400,000 and hold it for three years. Many investors use this route to gain visa-free access to 110+ countries and establish a second home.

Can Non-Residents Buy Real Estate in Turkey Remotely?

Yes, you can complete the entire property purchase remotely with the help of an attorney. Turkish consulates and land registry offices even maintain representation offices abroad — for example, in Berlin — so you can handle title deed registration and related processes without traveling to Turkey.

Real estate firms also offer video tours, online contract signing, and legal support. Once the paperwork is done, you can send crypto payments, trust the local team to finalize the transaction, and receive your TAPU (title deed) by mail or pick it up later in person.

Turkey is one of the most crypto-friendly destinations for real estate investment. You’ll find a range of properties, a stable legal framework, and high potential for both personal use and income. If you’re ready to invest using crypto, 1tab can help you handle the entire transaction securely and legally. Use our Telegram bot or message a manager to get started today.