Foreigners owning real estate in Turkey

Antalya and Alanya are among the regions most preferred by foreign investors. It is possible for foreign real persons to acquire real estate in Turkey, within the framework of Article 35 of the Land Registry Law No. 2644; However, it is subject to some limitations.

Who can buy?

Citizens of countries determined by the President can acquire residences and workplaces in Turkey, provided that they comply with legal restrictions. Since the country list and restrictions can change over time, the current status must be checked before the transaction.

Major limitations

• The total area of immovables that a foreign real person can acquire across the country 30 hectares cannot pass.
• Acquired immovables, the area of the relevant district ten percent can't get over.
• Immovables in military forbidden zones and security zones cannot be acquired.
• For immovables in the nature of land, project approval must be obtained within a certain period of time from the acquisition.

Land Registration Process

The sale process is carried out at the land registry office. A passport, tax number, if necessary, a sworn translator and an appraisal report prepared by the CMB licensed institution are requested for the foreign buyer. If an application for citizenship is to be made through the immovable, additional conditions such as the minimum investment amount and the ban on the sale ban should be evaluated separately according to the current legislation.

It is of great importance for the security of the investment to examine the restrictions such as zoning status, mortgage and foreclosure before the sale through the title deed record.