Understanding the Legal Aspects of Buying Property in Turkiye: A Comprehensive Guide
Can Foreigners Buy Property in Turkiye?
Foreigners are eligible to purchase real estate in Turkiye without needing citizenship or residency. However, there are limitations, such as a maximum land purchase area and restrictions in military zones and prohibited areas.
Turkish Property Legislation
Article 35 of the Turkish Constitution and Article 633 of the Turkish Civil Code provide the framework for property ownership in Turkiye, especially for foreign nationals.
Types of Title Deeds in Turkey
- Blue Title Deed: Indicates land or shared ownership.
- Red Title Deed: Demonstrates ownership of an apartment or part of a construction.
Steps to Buying Property as a Foreigner
Outlined are the key steps for foreigners to buy property in Turkiye, including property search, negotiation, legal assistance, and completion of the purchase.
Taxes When Buying Property in Turkey
Understanding the Property Purchase Tax and VAT exemptions is crucial for buyers in Turkiye, especially foreigners.
The Importance of Legal Assistance
Emphasizing the importance of hiring a registered Turkish lawyer to safeguard your investment and streamline the buying process.
Buying Property with Prestij Consulting
Prestij Consulting offers comprehensive services for property purchases in Turkiye, ensuring a smooth and secure transaction.