Buy Property In Turkey

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Europeans Now Seek to Buy Property in Turkey

Traditionally many people have bought property mainly in European - Mediterranean countries as well as famous US destinations like Florida. However, due to the high property prices of those countries, UK and other European citizen are now seeking other alternative overseas destinations and are on the look-out to buy property in Turkey.

It is so uncomplicated and easy to buy property in Turkey; there are many thousands of foreigners already owning a villa or a second home in the country. Buying a golf or holiday property also holds strong among foreigners searching to buy property in Turkey, though real estate is mainly purchased for either investment or residential purposes.

Who can buy property in Turkey? According to the law on 'property purchase by foreigners in Turkey', foreigners are able to acquire real estate / property in Turkey on the conditions of being reciprocal and complying with legal restrictions.

In implementation of the reciprocity principle, it is essential that real estate acquisition rights given by a foreign country to its own citizens and to commercial companies established in foreign countries according to the laws of these countries are also given to the citizens and commercial companies of the Republic of Turkey.

Where can you buy property in Turkey? A recent change in Turkish legislation now permits foreigners and foreign commercial companies to buy a property outside the boundaries of a municipality, i.e. council district (Belediye) and within a village or rural area. However foreigners are not allowed to buy property in Turkey if they are in historical, mining, energy, strategic military and security zones.

How to buy property in Turkey? The majority of property purchases in Turkey are made through real estate agents. So if you are really interested to buy property in Turkey, get in touch with a real estate agent.