Unlock Success: Mastering About Real Estate Investment in Turkey

Real estate investment in Turkey has become supported by certain laws over the years. Property law in Turkey concerns both citizens of the Republic of Turkey and foreign investors. As Atlas Legal Partners, we wanted to tell you about the legal processes of foreign real estate investment in Turkey.

In this article, you can find important details about the legal stages of real estate investment processes.

Property Ownership Rights for Foreigners: Understanding Restrictions and Opportunities

Real estate investment in Turkey has some regulations for foreign investors. Foreign nationals' acquisition of real estate in Turkey is included in the Land Registry Law No. 2644. According to this law, foreign nationals must comply with restrictions such as:

Land Registry Law Restrictions

Person Restrictions: Criminal records of people who want to acquire real estate are important in this process.

Regional Restrictions: The surface area of the district where the real estate is located is an important criterion at this point.

Area Restrictions: Foreign nationals can purchase a maximum of 30 hectares of land.

Locational Restrictions: It is forbidden to purchase military and other private areas.

RMB coins stacked in front of the housing model (house prices, house buying, real estate, mortgage concept)

Zoning Regulations and Permits: Building Within Legal Boundaries

Real estate investment in Turkey for foreigners may also be subject to some zoning rules. This is valid not only for foreign investors but also for Turkish citizens. For example, zoning regulations and restrictions such as the following play an active role in this situation:

  • Pasture areas or some areas with garden and field status.

  • Areas containing historical ruins.

  • Areas of natural beauty.

  • Other regions with protected area status.

The regions listed above are included in the zoning regulations and have protected area status. Therefore, buying and selling real estate in such areas is prohibited.

Lease Agreements and Tenant Rights: Protecting Your Investment from Disputes

The lease agreement is a legal document that protects the rights of both the tenant and the property owner. Therefore, we state that people like you who have the idea of real estate investment in Turkey should definitely sign a contract. For example, if you want to rent the real estate you purchased, you can make a joint agreement with your tenant and prepare a legal contract. In this way, while tenant rights are protected, your legal rights as a property owner will also be secured.

Dispute Resolution Mechanisms in the Real Estate Market: Settling Issues Amicably

Real estate investment in Turkey may impose some obligations on foreign investors. For example, disputes may arise on various issues when purchasing property in some big cities. Therefore, in such cases, you need to get legal support in order to avoid loss of rights.

As Atlas Legal Partners, we offer support to foreign investors regarding real estate investment in Turkey.

Legal Frameworks for Property Development: Understanding Zoning Approvals and Construction Permits

Real estate investment in Turkey does not only cover existing properties such as houses or workplaces. In addition, some foreign investors want to buy land. Therefore, after purchasing the land, it is important to take steps by obtaining zoning approval and construction permits. In order to avoid difficulties in all these legal processes, it is essential to get expert support.

As Atlas Legal Partners, we have an expert team on issues such as real estate investment in Turkey. You can contact us if you are looking for consultancy support in situations such as any legal regulation or construction permit.

Frequently Asked Questions About Real Estate Investment in Turkey

In this article, we talked about some legal processes for real estate investment in Turkey. In addition, we would like to answer frequently asked questions such as Turkey's property investment citizenship.

What Is the Best Real Estate Investment in Turkey?

Steps such as real estate investment trust Turkey will be beneficial for you when taken in a reliable framework. If you are going to choose Turkey for real estate investment, then you can choose to buy real estate in cities such as Istanbul or Antalya.

Is Turkey Real Estate a Good Investment?

The real estate sector can often offer you opportunities such as cheap houses for sale in Turkey. In addition to such opportunities, there are also real estate investment funds in Turkey opportunities provided by some banks or foundations.

Can a Foreigner Buy a Property in Turkey?

You can buy real estate if it is not in restricted areas and the area you will purchase does not exceed 30 hectares.

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