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PURCHASE OF REAL ESTATE BY FOREIGNERS IN TURKEY

September 2010 - Real Estate & Property. Legal Developments by ADMD Law Office .

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In the past decade purchasing property in Turkey became very popular through holiday home owners and investors worldwide. The first time that it was permitted to foreign buyers to purchase real estate in Turkey was in the year of 1934 with the Property Act. At the present day the real estate market in Turkey is developing and becoming one of the prominent markets among the Mediterranean countries. The main purpose of this brief article is to explore the legal structure and the procedure of purchasing real estate in Turkey for foreigner. 

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