A property valuation report officially shows the current market value of a property. In Türkiye it is mandatory for residential sales to foreigners and can only be prepared by valuation companies licensed by the SPK (Capital Markets Board). At Elka Homes we plan your report together with the title deed process.
When is a valuation report required?
- For title deed sales to foreigners (mandatory)
- For citizenship by investment applications (it must show a value of at least USD 400,000)
- When taking out a mortgage
- To know the real value of a property and avoid overpaying
What does the report include?
- Location, title deed and zoning information
- Building features, age and occupancy permit status
- Comparison with similar sales in the area
- The current market value of the property
How does the process work?
- The property details and title deed record are sent to the valuation company.
- An expert inspects the property on site.
- The report is usually ready within a few working days.
- The report is used in the title deed transaction and, if needed, in the citizenship file.
Validity and current rules
- For citizenship applications, the valuation report is valid for 12 months from 29 September 2026 (previously 6 months).
- Since 22 May 2026, valuation reports prepared for banks and public institutions are reported electronically to the General Directorate of Land Registry and Cadastre.
- The report fee depends on the type and size of the property; we tell you before you buy.
Frequently asked questions
Who prepares the valuation report?
Only SPK-licensed valuation companies. An estate agent’s price opinion does not replace a valuation report.
How long does it take?
It is usually ready within a few working days.
What if the report is lower than the sale price?
We discuss this before you buy. We can renegotiate the price or look at another property. For citizenship, the report must not be below USD 400,000.
Do I pay for the report?
Usually the buyer pays. We tell you the amount in writing before you buy.
Let’s plan your valuation report together
Send us the listing number of the property you like, and we will tell you the report time and fee.
Last updated: November 2026. This page is for general information only and is not legal advice. Legislation can change; current requirements are confirmed with the relevant authorities for each application.
