Buying property in Turkiye? Here’s how to pay without risk

Turkiye continues to attract property buyers from around the world. From seaside apartments in Antalya to luxury villas in Bodrum and modern developments in Istanbul, the market offers opportunities for investment, relocation, or a second home. However, transferring funds for a property purchase abroad is not the same as sending a simple bank payment. In Turkiye, real estate payments from foreign buyers must comply with specific currency regulations, banking requirements, and legal documentation standards.

This comprehensive guide outlines five proven methods to make secure, compliant, and efficient property payments to Turkiye in 2025. We will also cover the steps to prepare for your transfer, common mistakes to avoid, and how VelesClub Int. and UNIBROKER can ensure your purchase is completed without delays or risks.

Legal and currency requirements for property payments in Turkiye

Turkish law requires that all property purchases by foreign buyers are settled through registered banks. The transaction must generate a currency purchase document, known as the “Döviz Alım Belgesi,” which proves that foreign currency was exchanged for Turkish lira. Without this document, the property cannot be officially registered in your name.

Additionally, the funds must be traceable, coming from an account in your name or an authorized representative. Compliance with anti-money laundering (AML) regulations is mandatory, meaning you must provide proof of the transaction’s purpose—usually the sales contract—and identification documents. Failure to meet these requirements can result in delays, rejection of payment, or even cancellation of the deal.

Five proven ways to make real estate payments to Turkiye

1. SWIFT transfers with verified routing

SWIFT remains the most widely used method for high-value international property payments. However, the efficiency of a SWIFT transfer depends on the routing. Using a bank with established correspondent relationships in Turkiye can significantly reduce the risk of delays or holds. For property deals, ensure that the transfer is accompanied by complete documentation, including your contract and identification, so that the Turkish bank can issue the required currency purchase document without complications.

2. Multi-currency settlement accounts

A multi-currency account allows you to send payments in USD, EUR, CNY, or TRY, depending on the terms negotiated with the seller. This option minimizes currency conversion costs and provides flexibility in timing your transfer to take advantage of favorable exchange rates. With the support of VelesClub Int. and UNIBROKER, you can access multi-currency solutions without changing your existing bank, ensuring a smooth process while maintaining your current financial arrangements.

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3. Escrow accounts for maximum security

Escrow accounts act as a neutral holding place for your funds until all contract terms are fulfilled. In property transactions, this means your payment is only released to the seller once the title is registered in your name. Escrow is particularly useful for off-plan developments or transactions involving multiple parties, adding a significant layer of trust and protection.

4. Alternative payment rails for special cases

In some scenarios—such as when SWIFT transfers are restricted or excessively slow—licensed alternative payment systems can be used to ensure timely delivery of funds. These systems, operated through authorized settlement partners, are fully compliant with Turkish banking rules. They are especially useful for urgent deals, complex cross-border transactions, or clients facing limitations with their current bank’s international payment capabilities.

5. Crypto-to-fiat conversion under regulation

For investors holding cryptocurrency, regulated crypto-to-fiat conversion can be an efficient way to fund property purchases. The process involves converting your digital assets into an accepted fiat currency through licensed partners, ensuring the transaction meets AML requirements and is recognized by Turkish authorities. This method offers liquidity and flexibility for buyers who prefer to diversify payment options.

Step-by-step process for sending real estate payments to Turkiye

1. Confirm the sales agreement: Make sure all payment terms are clearly stated, including currency, deadlines, and payment stages.
2. Choose the payment method: Select the approach that best fits your timeline, cost considerations, and compliance needs.
3. Prepare documentation: Gather ID, sales contract, and proof of funds for submission to the bank or payment agent.
4. Coordinate with your payment provider: Work with a licensed intermediary to ensure proper routing and exchange processes.
5. Track and confirm receipt: Monitor the transaction until funds are cleared and the currency purchase document is issued.
6. Complete property registration: Finalize the title transfer at the Land Registry Office.

Common mistakes when paying for property in Turkiye

• Using unverified channels: Avoid sending funds through non-regulated services that cannot issue the necessary documentation.
• Last-minute currency exchange: Waiting until the day of payment to convert funds can result in unfavorable rates and delays.
• Incomplete paperwork: Missing or incorrect documents can cause transfers to be held or rejected.
• Ignoring insurance options: Large transactions benefit from payment insurance for added protection.

Why work with VelesClub Int. and UNIBROKER for property payments

Processing an international real estate payment requires more than just sending funds—it demands strategic planning, compliance with both Turkish and international laws, and a secure network of partners. VelesClub Int. together with UNIBROKER offer an integrated service that includes:

• Full compliance with currency control and AML regulations
• Multi-currency payment capabilities including USD, EUR, CNY, TRY, and major cryptocurrencies
• Optimized routing to minimize delays and reduce costs
• Escrow services for maximum transaction security
• Alternative payment solutions when SWIFT is not available
• Optional payment insurance for high-value deals

Our team handles the entire process—from reviewing contracts and preparing documents to coordinating with Turkish banks and ensuring you receive the required currency purchase document. With access to a global network of settlement partners, we ensure your property purchase in Turkiye is completed without unexpected obstacles.

Final thoughts

In 2025, buying property in Turkiye remains a rewarding investment, but only if the payment process is handled correctly. By choosing the right method, preparing your documents, and working with trusted partners like VelesClub Int. and UNIBROKER, you can complete your purchase with confidence—knowing that every step is secure, compliant, and fully documented.

Start your secure payment today

Contact us to discuss your real estate payment to Turkiye. We will design a customized transaction plan that ensures your funds arrive quickly, your documentation is in order, and your deal closes on time—with full protection every step of the way.