Buying Property in Turkey
Guidance for Foreigners
This guide is prepared to help foreigners who wish to buy property in Turkey. However, this guide is not a substitute for professional consultancy services.
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 is abolished.
Information on countries whose citizens can buy property and estate in Turkey can be provided from the Turkish Embassies/Consulates abroad and the General Directorate for Land Registry and Cadastre.
Persons with foreign nationality can buy any kind of property (house, business place, land, field) within the legal restrictions.
Persons with foreign nationality who buy property without construction (land, field) have to submit the project which they will construct on the property to the relevant Ministry within 2 years.
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 which is signed at the Land Registry Directorates.
It is possible to sign a “sales commitment agreement” before a notary. However, legal ownership to the property do not pass with a “sales commitment agreement” or other kind of sales agreements to be signed before the notary.
3. Legal Restrictions for Foreigners in Buying Property:
- Persons with foreign nationality can buy maximum 30 hectares of property in Turkey in total and can acquire limited in rem right
- Foreigners cannot acquire or rent property within military forbidden zones and security zones
- Persons with foreign nationality can acquire property or limited in rem right in a district/town up to 10 % of the total area of the said district/town
- Legal restrictions do not apply in setting mortgage for real persons and commercial companies having legal personality which are established in foreign countries.
- The properties are subject to winding up provisions in following cases: (i) if the properties are acquired in violation of laws;
- if the relevant Ministries and administrations identify that the properties are used in violation of purpose of purchase; iii) if the foreigner does not apply to the relevant Ministry within time in case the property is acquired with a project commitment; iv) if the projects are not materialized within time
4. Application and Procedure:
Buyer should be from the country whose citizens can acquire property or limited in rem right in Turkey and meet the necessary conditions.
The owner of the property or his/her authorized representative should make a preliminary application to the Land Registry Directorate. (Preliminary applications are made before noon by taking sequence number)
If the preliminary application is incomplete, the file will be kept waiting.
- Tittle deed of the property or information on village/district, block, building plot, detachment
- Identification document or passport (Together with its translation)
- Property Value Statement Document” to be provided from the relevant municipality
- Compulsory earthquake insurance policy for the buildings (house, office, etc.)
- 1 photo of the seller, 2 photos of the buyer (photos to be taken within last 6 months, 6x4 size)
- (If one of the sides cannot speak Turkish) certified translator and 2 witness.
- (If the power of attorney is prepared abroad) The original or certified copy of the power of attorney and its approved translation