In recent years, to invest in Turkey had become a popular by Foreign investors. Natural person or legal entity with foreign nationality can purchase any kind of immovable property (dwelling, business place, land, farm) subject to some legal restrictions. There are two legal restriction regarding purchasing real-estate in Turkey. The foreigners can purchase maximum 30 hectares of immovable property in Turkey in total. Also, it is forbidden for foreigners to acquire immovable property within the limits of military forbidden zones and security zones.
According to the Turkish legislation in force, sale of an immovable property is only possible with an official deed and registry which is signed by both parties before the Land Registry Directorates.
Foreign buyers should not be under the scope of the above stated legal restrictions and be a citizen of those countries determined by the President. In order to determine this, related Land Registry Directorate communicates the relevant military offices to inquiry as to whether there is an obstacle regarding the sale of immovable property within the scope of regulations for foreigners to purchase immovable property in Turkey.
As Turkey is become centre of investment attraction, unfortunately the foreigners may face to many frauds. For not to face to fraud while invest in Turkey, you can contact with our Attorneys regarding matter.