Who Can Buy Property In Turkey?

• Only citizens of the countries determined by the Presidential Decree may acquire real estates and limited rights in rem in our country.
• The legal grounds for acquisition of real estates and rights in rem by foreign natural and legal persons in our country are articles 35 and 36 of the Land Registry Law No 2644. The citizens of the countries, which are determined by the President under the authorization granted in the Land Registry Law, may acquire real estates and limited rights in rem in our country subject to the legal limitations.
• Companies, which are established according to the laws of our country and whose shareholders include foreign natural persons, foreign enterprises or trading companies, qualify as “company with foreign capital” and may acquire real estates and limited rights in rem suitable for their operations. Among them, acquisition of real estates and limited rights in rem by those, in which foreign natural persons, enterprises or companies own 50% and more of the shares or with respect to which the foregoing foreign persons are authorized to appoint the managers even if they own less than 50% of the shares, shall be subject to authorization by governorships.
• Incorporated trading companies, which are established according to the laws of their own countries, may acquire real estates and limited rights in rem only in case there are special provisions in the applicable laws. Any legal persons other than such trading companies may not acquire real estates and may not have limited rights in rem created to their favor.

Where Can You not buy Property In Turkey? (Legal Limitations)

• If the real estate intended for acquisition is included in a “Special Security Zone”, authorization is required from the governorship of the place, where the real estate is located.
• Real estates located in military forbidden and security zones are designated in the registry records, and land registry directorates provide due information.
• Real estates located in military forbidden and security zones are entered into the land registry in 81 cities.
• Total area of real estates that may be acquired by a natural person of foreign origin throughout the country is maximum thirty hectares.
• Total area of the real estates that may be acquired by natural persons of foreign origin may not exceed ten percent of the area, where private property is allowed, in a district.
• Natural persons of foreign origin and the incorporated companies established in foreign countries under the laws of their own countries are develop a project in relation with the unbuilt land they bought within two years and such project to be developed is to be submitted to the relevant Ministry for approval.
• Real estates that are acquired in violation of the provisions of the applicable laws, that are found to be in use to the contrary of the purpose of acquisition by the relevant ministry and administrations, and real estates, for which the relevant ministry is not applied within due time or for which the projects are not implemented within due time, are subject to provisions regarding disposal. (For detailed information, circular no 2013/15, www.tkgm.gov.tr) 

Why Should You Buy Property In Turkey? (Reasons)

• Whether you are looking for a permanent residence or a holiday home, Turkey is a great place to invest for foreigners.
• Turkish economy is one of the strongest in the World. The property market and its benefits is growing faster nowadays more and more.
• Property prices in Turkey are still very cheap and offers a wide choice of properties for every kind of budget.
• The prices of real estates in Turkey are much affordable, better quality than similar properties in rival countries.
• Easy buying process, Low property taxes, higher return profit,
• Location of Turkey, climate, wonderful nature, long beach, historical sites, tasty cuisine
• With its spectacular history, culture, nature and climate, Turkey has always been a desirable destination for our guest to while away the years.
• These characteristics for leading a healthy and happy life are now more important than ever in this era of safely navigating through a global pandemic.
• Hospitality is one of the most significant traits of Turkish culture because guests are considered to be as the gifts of God.

What kind of Property Can You Buy In Turkey?

• From village houses and villas to apartments, foreigners can buy any property they want in Turkey within legal restrictions.
• Residential Real Estate for Sale in Alanya Turkey: Any property used for residential purposes. Examples include single-family houses, condos, cooperatives, duplexes, townhouses, and multifamily residences with fewer than five individual units.
• Land for Sale in Alanya Turkey: Foreign natural persons may buy any real estate, in areas where private property to buy land and fields is allowed. As a well established company, we have a very strong network to search for and find various options for our investors.You may prefer to buy land and build your dream Villa, or to construct your investment portfolio.  The options are limitless, and we are here with our expertise to provide you with the guidance needed to make sure you get what is best suited to your needs.

• Commercial for Sale in Alanya Turkey: Any property used exclusively for business purposes, such as apartment complexes, gas stations, grocery stores, hotels, offices, restaurants, shopping centers and stores. We are very experienced as Real Estate consultancy to guide you to make the right.