As of 2026, the Turkish real estate market is experiencing the direct impacts of a high-interest-rate environment and an ongoing economic stabilization period. During this phase, the answer to the question "Is it more advantageous to invest in land or residential property?" depends entirely on the investor's capital size, horizon expectations, and cash flow needs.

For foreign investors looking to own property in Turkey, the taxation process includes certain special exemptions and procedures that differ from local buyers.

As of 2026, here are the most important tax items and expenses encountered by foreigners when purchasing real estate, highlighting the VAT (KDV) exemption advantage unique to foreigners:

Bursa is a city located in northwestern Turkey, and it has a rich history dating back thousands of years. Here is a timeline of the major events in the history of Bursa:

• 2000 BC: The first known human settlement in the region that is now Bursa is established.

• 7th century BC: Bursa is known as Prusa in ancient times and is part of the Kingdom of Bithynia.

• 74 BC: Bithynia becomes a province of the Roman Empire, and Prusa is incorporated into the empire.