How is the acquisition of real estate by foreign real persons?

The acquisition of immovable property by foreign real persons is regulated in Article 35 of the Land Registry Law No. 2644.

The acquisition of immovable property by foreign real persons is regulated in Article 35 of the Land Registry Law No. 2644. According to this law ​real persons of foreign nationality may acquire immovables that have been reserved and registered for these purposes within the implementation development plan or local development plan, to be used as a workplace or residence in Turkey, provided that they are mutual and comply with legal restrictions.

The same conditions are sought for the establishment of limited real rights.

The total area of ​​immovables and independent and permanent limited real rights that a foreign natural person can acquire throughout the country cannot exceed two and a half hectares. The Council of Ministers is authorized to increase the surface area up to thirty hectares, under the conditions specified. In the establishment of immovable pledge in Turkey, the above-mentioned records and restrictions are not sought. The determination of reciprocity is based on the legal and actual situation. In the application of this principle to the nationals of countries where the right of land ownership is not recognized, it is essential that the rights granted to its own citizens by the foreign state in the acquisition of immovable should also be granted to the citizens of the Republic of Turkey.