Judgment should be visible.

Turkish consumer prices rose faster still, so the real reading is negative; the lira slid more slowly than house prices climbed, so the dollar reading is positive. Both stand at once. Which one matters depends on the currency you keep.

The purchase money is converted through a Turkish bank, and the lira figure on that certificate is what gets declared as the sale price. Since 19 December 2025 the base is floored at the property-tax value; a price found to be non-genuine is reassessed with a penalty equal to the tax. If the shaved figure falls under $400,000, it breaks the citizenship application.

What governs a renewal now is the standing rule the cap had suspended: the increase may not exceed the twelve-month average change in consumer prices. It binds the rent agreed for a renewed lease and nothing else. The ceiling is the twelve-month average, not the headline annual rate that gets quoted in its place.

A foreign buyer not settled in Türkiye who brings the price in as foreign currency can take first delivery of a new dwelling or workplace free of VAT. The three years run from delivery of the unit, and the trigger is disposal. The tax has to clear before the title can transfer. Separately, and on a different trigger: where the exemption was applied without its conditions being met, the buyer who took the exempt delivery is jointly liable with the seller for the tax, the penalty and default interest.

AFAD counts seven revisions since 1947. The date that decides which code a building was built to is on its permit, not on its completion year.

The consent has to be unanimous among the owners of every residential unit, so the ground-floor shop does not vote. And it is a signature to be collected, not an objection to be defeated: an owner who is abroad or unreachable blocks the permit exactly as effectively as one who refuses.