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What limitations are there on foreign investors who want to own property in Turkey?

I've heard that Turkey follows a principle of reciprocity when it comes to foreigners owning property, meaning that only those foreigners can buy property in Turkey if their country of origin also allows Turks to buy property there. Is that true? I'm from the Middle East and I'm not sure if I qualify.


Answers
  • Aslan Attorney
    July 25, 2021

    There used to be a rule that if the buyer's country put some restrictions or limitations on sale of property to Turkish citizens, then the foreign buyers too would face the same limitations in Turkey, but it has been changed already and buying a property for foreigners has become very easy in Turkey. There are no restrictions on foreign buyers except those from countries such as Taiwan, Armenia, Syria, North Korea. Before one needed permission from the military office but that too has also changed and now there are only certain places that are considered as very close to military troops, military lands and also from borders that are exempt.

  • ADMD Mavioglu & Alkan Law Office
    July 26, 2021

    Turkey allows citizens of 183 states to purchase real estate property in Turkey without being subject to any reciprocity principles. There are some additional limitations for military zones and properties near the borders.