☪ 19 MAYIS KUTLU OLSUN ☪

GUİDE TO PROPERTY OWNERSHİP İN TURKEY FOR FOREİGNERS


👤 1. Who can buy property in Turkey?

In general:

  • Citizens of countries with reciprocity agreements with Turkey
  • Nationals of countries approved by the President of Turkey
  • Certain foreign-capital companies (under specific conditions)

👉 Some nationalities may face restrictions for security reasons.


📍 2. Where can foreigners buy property?

Foreigners can purchase:

  • Residential properties (apartments, villas)
  • Commercial properties (offices, shops)
  • Land (with conditions)

However, some areas are strictly prohibited:

  • Military zones
  • Security zones
  • Strategically sensitive regions

📐 3. Size limitations

  • A foreign individual can acquire up to 30 hectares (300,000 m²) of property in total
  • In a single district, foreign ownership cannot exceed 10% of the district’s total area

🏗️ 4. Construction requirement for land purchases

  • If land is purchased, a development project must usually be started within 2 years
  • Otherwise, ownership rights may be subject to cancellation procedures

💳 5. Payment and title deed process

  • All transactions must be completed through the General Directorate of Land Registry and Cadastre
  • Payment is typically made in foreign currency through bank transfer
  • An official property valuation report is required

⚖️ 6. Legal restrictions

  • Absolute prohibition in military and security zones
  • Some transactions require approval from the Ministry of Interior or Defense authorities
  • Fraudulent power of attorney transactions carry serious legal consequences

🧾 7. Taxes

Foreign buyers are subject to the same taxes as Turkish citizens:

  • Title deed transfer tax
  • Annual property tax
  • Capital gains tax (upon resale)

🔑 Summary

Foreigners can buy property in Turkey, but the process is:

  • Dependent on nationality
  • Restricted by location
  • Limited in size
  • Subject to security approvals in some cases

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