5 Things To Consider Buying A Property In Turkey

It is possible for foreigners to buy a property in Turkey. With the amendment in Article 35 of the Land Registry Law No. 2644, which entered into force on May 18, 2012, foreigners have been entitled to acquire immovable property from Turkey without seeking the condition of reciprocity. With this amendment, citizens of 183 countries can acquire immovable property “without the requirement of reciprocity” and by complying with legal limitations.

 Legal restrictions on the acquisition of immovable property by foreigners

1- It should be among the countries whose citizenship is allowed.

2- The total area of the purchased property should not exceed 10% of the district area.

3- A real person of foreign nationality can buy a maximum of 30 hectares of immovable property throughout the country. But in some cases this limit can be extended to 60 hectares.