Purchasing property in Turkey is always an exciting step – whether for residency, investment, or obtaining Turkish citizenship. Before completing a purchase, however, it is crucial to understand how property valuation in Turkey works and what an appraisal report (Eksper Raporu) includes. This legal document not only ensures a fair price but also provides full transparency about ownership, technical details, and the legal status of the property.
An appraisal report in Turkey is an official document prepared by licensed real estate professionals that determines the current market value of a property. It is widely used in property sales, mortgage applications, and investment transactions.
Until recently, appraisal reports were required for all foreign real estate purchases. Since June 2024, the rule has changed: reports remain mandatory when the purchase is connected to Turkish citizenship by investment, but they are optional for other sales.
Only appraisers licensed by the Turkish Capital Markets Board (SPK) are authorized to issue official valuation reports. These experts:
This process ensures the report is valid for the Land Registry (Tapu) and other government authorities.
A Turkish property appraisal report is highly detailed and usually covers:
The report concludes with the official market value of the property.
The property valuation report in Turkey goes far beyond paperwork. For buyers, it provides reassurance that the property is worth the agreed price. For sellers, it builds trust and transparency. It is also essential for:
A valuation report in Turkey is generally valid for three months. The preparation usually takes two to six days, depending on the city. Costs vary by property type: residential apartments are less expensive to evaluate than commercial units or large development plots.
The appraisal report in Turkey is a key element of safe and transparent real estate transactions. It verifies the true market value of the property, satisfies legal requirements, and protects both local and foreign buyers from hidden risks.
Whether you are purchasing a seaside apartment in Antalya, a commercial unit in Istanbul, or applying for Turkish citizenship by investment, a professional valuation will help you make the right decision with confidence.
Buy property in Turkey with full confidence – DDA Real Estate ensures every transaction includes a certified appraisal report, so you know you’re paying fair market value and meeting all legal and citizenship requirements.
