There is VAT Exemption on sales of property in Turkey. The exemption from value added tax is applied on the property that has been sold to non-resident individuals and corporations. There are certain conditions for the exemptions.
Property should be in the form of housing or office,
Property should be subjected to sale for the first time,
Price of the property should be paid in foreign exchange and should be transferred to Turkey,
If the buyer is individual, he/she should not be resident of Turkey,
If the buyer is a corporation, it should have neither place of corporation nor place of management in Turkey,
If buyer is a corporation, it should not have any permanent office in Turkey.
Although standard VAT rate is 18% in Turkey, this exemption is with zero rate which means construction companies that have sold the property will be able to deduct the input VAT related with the construction of the property.