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ARTICLE · 21 MAY 2014

Buying Property In Turkey Guide For Foreign Individuals

Kesikli Law Firm
Kesikli Law Firm
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Kesikli Law Firm

Kesikli Law Firm

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Persons with foreign nationality can buy any kind of property (house, business place, land, field) subject to the legal restrictions.

TurkeyReal Estate and Construction

1. Legal Basis:

In accordance with the Article 35 of the Land Registry Law No. 2644, amended by Law No. 6302, which entered into force on 18 May 2012, the condition of reciprocity for foreigners who wish to buy property in Turkey was abolished.

Persons with foreign nationality can buy any kind of property (house, business place, land, field) subject to the legal restrictions.

2. Format of the Contract:

According to the Turkish laws and regulations in force, transfer of ownership of a property is only possible with an official deed and registry signed at the Land Registry Directorates.

Although the legal ownership to the property does not pass with an agreement of any kind unless an official deed is issued on the name of the buyer at the Land Registry; signing an agreement for the sale of the property such as "sales commitment agreement" with the seller seller to transfer the ownership at the Land Registry.

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