The Turkish Parliament issued a law granting the right to own real estate on all the territory of the Republic of Turkey to all citizens of the world, nullifying the principle of reciprocity with the exception of passport holders of countries: Armenia – Cuba – North Korea – Nigeria – Syria.

Law No. 35 of Land Registration Law No. 2644, as amended by Law No. 6302, which took effect on May 18, 2012, is the legal basis for real estate investment in Turkey, which allows foreigners to own property in Turkey.

Legal restrictions on foreign ownership of the real estate in Turkey

Foreigners are allowed to own a maximum of 30 hectares and a hectare is equivalent to 300,000 square meters in Turkey.
Foreigners are not entitled to own or rent property within 400 meters of all military barracks of the Turkish army and strategic and security sites such as airports, seaports, oil and power stations and other cultural and religious centers of the Turkish state.
Foreigners can buy real estate in a region or town with a maximum of 10% of the total land in this region or town.

Types of real estate that foreigners have the right to own in Turkey

Foreigners have the right to own all types of real estate in Turkey “residential – commercial – lands – farms – factories – schools … etc.”.

Procedures for owning a property in Turkey

• Choose the right property.

Ensure the following information:

• Title deed or title deed.
• Location statement: A copy of the property’s location in the municipality’s plan.
• Property number according to the municipality’s plan.
• The absence of any restrictions that hinder the sale of the property, such as mortgages or inheritance issues.
• Extracting a tax number.
• Translation of the passport into the Turkish language by a sworn translator registered with the Syndicate of Translators and certified by the Notary Notary.
• The contract of “Concession to Sell Agreement” is a preliminary sale contract in the presence of the notary “Notre” between the seller and the buyer in both English and Turkish.
• Reviewing the Land Registry “Tabu Department” within 15 days from the issuance of the approval with the seller and it is preferable to have a sworn translator to ensure the correctness of the data, the number of the property and its area.

Documents to be provided when purchasing

Documents to be provided with the seller

• Property title deed.
• The “property value statement document” is obtained from the competent municipality.
• A recent 4 x 6 cm personal photo, no more than 6 months old.
• A copy of the project building permit and its registration document in the municipality.
• Copies of all company documents, such as: company establishment license – a copy of the commercial register.
• Earthquake insurance certificate.

Documents to be provided with the buyer

• Obtain a tax number. (Vergi No)
• Passport with translation into Turkish by a sworn translator certified by the Notary Public.
• Two recent personal photos, size 4 x 6 cm, not more than 6 months old.
• Inheritance of real estate owned by foreigners:
• Ownership of the property is automatically inherited from the foreigner to the husband, wife or children.

Inheritance of real estate owned by foreigners

Ownership of the property is automatically inherited from the foreigner to the husband, wife or children.