Turkey Investor Guide

Citizenship-by-investment from $400,000 USD, high gross yields, and a strategic Europe-Asia gateway -- balanced against lira volatility and earthquake risk

更新日 2026年5月18日上級28分で読めます

賃貸利回り
7.1%
表面利回り(参考値)
価格上昇率
25.0%
前年比 · 2026年9月
不動産移転税
4.0%
通貨
TRY

市場概要

Turkey is mid-transition from a multi-year heterodox monetary experiment back to orthodox policy under Finance Minister Mehmet Şimşek and TCMB Governor Fatih Karahan. Inflation eased from above 70% to 31.07% by November 2025, the policy rate fell to 38%, and the lira's controlled depreciation continued at roughly 18% against the dollar over 2025. The property market posted record domestic volumes (1.76m units sold, +13.58% YoY per TURKSTAT) but foreign-buyer share collapsed from 4.4% at the 2022 peak to 1.3% in 2025. The medium-term thesis hinges on whether the orthodox pivot holds, in which case both yields and FX-converted returns should improve.

Turkey
通貨
TRY (Turkish Lira) -- foreign-buyer transactions typically settled in USD or EUR
人口
85.7 million (TUIK 2024, second-largest in OECD Europe after Germany)
GDP成長率
2.5-3.5% (2024-2025 estimates, IMF and OECD)
インフレ率
31.07% (November 2025, TUIK); TCMB targeting ~16% for end-2026

主要産業

  • Tourism & Hospitality
  • Construction & Real Estate
  • Manufacturing & Automotive
  • Textiles & Apparel
  • Logistics & Trade (Europe-Asia gateway)

購入規制

Foreign Ownership Restrictions (Reciprocity, Caps, and Security Zones)

制限あり

Turkey opened property ownership broadly to foreigners in 2012 when the reciprocity requirement was abolished. Today, citizens of approximately 183-184 countries can purchase property in Turkey, subject to quantitative caps and geographic restrictions. Citizens of a small number of countries -- notably Syria, Armenia, and North Korea -- remain restricted. Foreign individuals can own up to 30 hectares nationwide, and foreign ownership cannot exceed 10% of total private land area in any single district. Properties in military forbidden zones are automatically blocked at the Land Registry, with clearance checks taking 4-6 weeks.

  • Reciprocity requirement abolished in 2012; citizens of ~183-184 nationalities permitted
  • Restricted nationalities include Syria, Armenia, and North Korea
  • Maximum 30 hectares per foreign individual nationwide
  • Foreign ownership capped at 10% of total private land area in any single district
  • Military forbidden zones automatically blocked at TAPU; clearance takes 4-6 weeks
  • Agricultural land purchases require additional ministry approval and intended-use declaration
  • Property ownership alone does NOT grant residency or work rights -- citizenship-by-investment is a separate process triggered by the USD 400,000 threshold with a 3-year hold

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  • 税金と費用
  • 必要条件
  • 購入の流れ
  • 物件タイプ
  • 投資の要因
  • 市場動向
  • ビザと居住権
  • 資金調達

Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.