Cash payments for real estate purchases in Turkey are being phased out

Cash payments for real estate purchases in Turkey are being phased out

Starting from July 1, 2026, a new regulation comes into force in Turkey: cash payments will no longer be allowed in real estate transactions.

All payments must be made exclusively through the Secure Payment System (Güvenli Ödeme Sistemi).

How it works: the buyer’s funds are held in a protected account and are transferred to the seller only after the official registration of property ownership.

This means that payment and title transfer now happen simultaneously, making transactions more transparent and significantly reducing the risk of fraud.

The new regulation is another step toward a safer and more structured real estate market in Turkey.