Property ownership in Turkey, is it possible for
foreign investors to invest in the real estate sector in Turkey, and what are
Many questions posed by investors and those wishing
to move to Turkey about the possibility of ownership.
We will discuss and answer all related information on
Real Estate Ownership Law in Turkey
Turkish Parliament passed a law granting the right of real estate ownership to
all citizens around the world on the Turkish territories, nullifying the
reciprocity principle except the passport holders of: Armenia, Cuba, North
No. 35 of Land Registrations Law No. 2644, amended by Law No. 6302, which was
implemented on 18/5/2012, is the legal basis which allows foreigners to own and
invest in real estate in Turkey.
Legal restrictions on foreign ownership of property in Turkey
- Foreigners are allowed to own a maximum of 30
hectares equals 300 thousand square meters all over Turkey.
- Foreigners are not allowed to own or lease
property within 400 meters of all military barracks of the and strategic sites
such as airports, seaports, oil and power plants and other cultural and
religious centers of the Turkish state.
can buy property in a region or town with a maximum of 10% of its total land
Types of real estate foreigners can own in Turkey
Foreigners are entitled to own all types of real estate in Turkey "residential - commercial - land - farms - factories - schools, etc.
Procedures to buy a property in Turkey
the right property.
of the following information:
- The title deed "Tabu".
statement: An official copy of the real estate site from the municipality plan.
number according to the municipality plan.
are no restrictions that hinder the sale of real estate such as mortgages or
of the passport to Turkish by a certified translator and certified by the
- A primary "commitment to sell" contract in the presence of the notary signed between the buyer and seller in English and Turkish.
- Checking the Land Registry within
15 days from the purchasing approval with the seller. It is preferable to have
a certified interpreter to verify the accuracy of the data, the number of the
property and its area.
Documents required for purchasing
Documents required from the buyer
number (Vergi No).
Passport translated to the Turkish and a certified by the Notary.
new personal photos of 4 x 6 not more than 6 months.
Documents required from the seller
- "Property Value Statement Document" is obtained from the competent municipality.
valid 4 x 6 personal photos not more than 6 months old.
of the building license and the registration document in the municipality.
- Copy of all company documents such as: Establishment license - Copy of the commercial registry no. "if buying from a developing company".
Inheritance of foreign-owned property
The foreign- owned property is automatically
inherited to the husband, wife or children.