Türkiye Starts Secure Payment System for Home Sales from July 1, 2026

Created: 4 March 2026
Updated: 30 April 2026
Author: Overseas Property Partners

Türkiye is introducing an important change to the way residential property transactions are completed.

From 1 July 2026, the Secure Payment System will become mandatory for applicable real estate transactions, extending a payment-security model that has already been used in other areas of the Türkçe market.

The purpose of the new system is to make property transactions safer and more transparent by coordinating the transfer of the buyer’s funds with the registration of the property title.

For international buyers, this is particularly relevant because purchasing property in another country often involves concerns around payment security, title registration, banking procedures, and the timing of the transaction.

What Is the Secure Payment System?

The Secure Payment System is designed to coordinate the payment of the property purchase price with the transfer of the title deed.

Rather than the buyer transferring the full purchase price directly to the seller before the title transfer is completed, the funds can be processed through an authorised financial institution under the applicable system.

The purpose is to create a more controlled transaction process in which the payment is protected until the relevant title transfer has been completed.

When Does the New System Start?

The Secure Payment System is scheduled to become mandatory for applicable real estate transactions from:

1 July 2026

The change follows an amendment published in the Official Gazette on 29 April 2026.

The new framework is intended to improve transaction security and reduce risks associated with the transfer of significant sums of money during property purchases.

How Does the Secure Payment System Work?

The system is designed to connect the property transaction with participating banks and authorised financial institutions.

A simplified transaction can work as follows:

1. Buyer and Seller Agree on the Transaction

The buyer and seller agree on the property, purchase price, and transaction conditions.

The relevant information is then entered into the applicable secure payment process.

2. Buyer Transfers the Purchase Funds

Instead of handing over large amounts of physical cash or making an uncontrolled direct transfer, the buyer’s funds are transferred through the designated financial system.

The funds are held according to the rules of the secure payment arrangement.

3. Title Deed Transfer Takes Place

The title deed transaction is completed through the relevant land registry process.

The property ownership is officially registered in the buyer’s name once the legal requirements have been fulfilled.

4. Funds Are Released

Once the title transfer has been successfully recorded, the purchase funds can be released to the seller in accordance with the applicable system.

This creates a closer link between the two most important parts of the transaction:

Payment + Title Transfer

What Happens If the Purchase Is Financed?

Property purchases involving bank financing can have additional considerations.

Where a mortgage or other financing is used, payments that fall outside the financed amount may still need to be processed according to the requirements of the Secure Payment System.

Buyers should confirm the exact procedure with the relevant bank or authorised financial institution before completing the transaction.

The process can vary depending on:

• The financing structure
• The participating bank
• The property
• The buyer’s circumstances
• The payment method
• The applicable regulations

Why Is Türkiye Introducing This System?

Buying property involves the transfer of substantial sums of money.

Traditionally, this could create risks for both buyers and sellers.

For example, transactions involving physical cash can create concerns around:

• Theft
• Loss of funds
• Counterfeit banknotes
• Incorrect cash counting
• Payment disputes
• Unclear transaction records

Electronic transfers can reduce some of these risks, but there can still be uncertainty around the timing of payment and title registration.

The Secure Payment System is intended to address this by creating a more structured connection between the payment and the legal transfer of ownership.

What Are the Benefits for Buyers?

For property buyers, particularly international buyers, the new system can provide additional reassurance during one of the most important stages of the purchase.

Greater Payment Security

The buyer’s funds can be handled through the designated financial system rather than relying on informal arrangements between the parties.

Reduced Cash Risk

Large cash payments create unnecessary practical and security risks.

A regulated electronic process can substantially reduce the need to handle physical cash.

Better Transaction Transparency

Using a structured payment process creates a clearer record of the movement of funds.

This can be particularly useful when purchasing property from overseas.

Closer Coordination Between Payment and Ownership

One of the key advantages is the relationship between the payment and the title deed transfer.

The objective is to reduce the possibility of a situation where one party has completed their obligation while the other has not.

What Are the Benefits for Sellers?

The system is also designed to protect sellers.

Once the transaction has been completed according to the applicable requirements, the seller can receive the agreed funds through the designated payment process.

This can reduce concerns about:

• Unconfirmed payments
• Counterfeit cash
• Delayed transfers
• Payment disputes
• Handling large amounts of physical money

The system therefore aims to create greater confidence for both sides of the transaction.

Why Is This Particularly Important for Foreign Buyers?

International buyers may already face additional complexity when purchasing property abroad.

The transaction may involve:

• Foreign currency
• International bank transfers
• Türkçe banking procedures
• Currency conversion
• Power of attorney
• Title deed registration
• Property due diligence
• Translation
• Notarisation
• Tax and government fees

Adding a secure and structured payment mechanism can make the transaction easier to understand and manage.

However, foreign buyers should still carry out appropriate due diligence before transferring funds.

What Should Foreign Property Buyers Do?

If you are planning to purchase property in Türkiye after 1 July 2026, it is important to understand the payment process before reaching the final stage of the transaction.

1. Confirm the Payment Procedure

Ask the relevant bank, authorised financial institution, or transaction professional how the Secure Payment System applies to your purchase.

2. Understand All Transaction Costs

Make sure you understand the purchase price as well as applicable:

• Title deed fees
• Taxes
• Banking costs
• Currency conversion costs
• Professional fees
• Registration costs
• Other transaction expenses

3. Verify the Property

Payment security does not replace property due diligence.

Before committing funds, buyers should verify:

• Ownership
• Title deed information
• Existing liens or restrictions
• Property permits
• Building status
• Outstanding debts
• Applicable zoning information

4. Use Regulated Payment Channels

Avoid informal payment arrangements or transferring significant funds without understanding the legal and banking process.

The safest approach is to follow the official transaction procedure and maintain documentation for every payment.

Does the New System Make Buying Property in Türkiye Safer?

The Secure Payment System is an important step towards improving transparency and transaction security.

It does not eliminate every risk associated with buying property.

A secure payment process cannot replace:

• Legal due diligence
• Property valuation
• Title deed checks
• Verification of ownership
• Contract review
• Tax planning
• Understanding the purchase agreement

Instead, it should be viewed as one additional layer of protection within the wider property purchasing process.

How Overseas Property Partners Can Help

At Overseas Property Partners, we understand that purchasing property internationally can feel complex, particularly when buyers are unfamiliar with the local transaction process.

Our role is to help international buyers understand the property purchase journey and navigate the practical stages involved in buying property in Türkiye.

We can assist with areas such as:

• Finding suitable properties
• Understanding different Türkçe property markets
• Comparing locations
• Understanding the purchase process
• Coordinating the transaction process
• Understanding title deed procedures
• Connecting buyers with appropriate independent professional advisers
• Providing support throughout the property purchase

For legal, tax, or specialist financial matters, buyers should obtain advice from appropriately qualified professionals.

Final Thoughts

The introduction of the Secure Payment System from 1 July 2026 represents an important change for property transactions in Türkiye.

By connecting the movement of purchase funds with the transfer of the title deed, the system aims to reduce payment-related risks and improve transparency for buyers and sellers.

For international property buyers, this can provide additional reassurance when transferring significant funds during a purchase.

However, secure payment is only one part of a successful property transaction.

A safe property purchase also requires proper due diligence, clear contracts, verified ownership, appropriate financial planning, and professional guidance where necessary.

If you are considering purchasing property in Türkiye, understanding the new payment requirements before entering into a transaction can help you prepare for the process.

Ready to Buy Property in Türkiye?

If you are considering buying a home or investment property in Türkiye, Overseas Property Partners can help you explore the market and understand the purchasing process.

Explore Properties in Türkiye

Source

Official Gazette – Regulation Amendment dated 29 April 2026

https://www.resmigazete.gov.tr/eskiler/2026/04/20260429-4.htm

Important: This article provides general information only and does not constitute legal, financial, or investment advice. Property regulations and transaction procedures can change. Buyers should confirm the applicable requirements with the relevant Türkçe authorities, banks, and appropriately qualified professionals before completing a property transaction.