Foreign Investment in Turkey - Official Figures According to official Turkish statistics, between 2003 and 2017, foreign investment in Turkey grew exponentially. Foreigners bought properties worth 42 billion USD in Turkey. The real estate sector saw a significant increase in interest from foreigners before 2013, when a new law eliminated the need for reciprocal buying rights between nations, making it...
Title Deed Procedure Changes for Foreigners Previously, foreigners who wanted to purchase property in Turkey had to obtain approval from military units in order to get their Title Deed (Tapu). However, a law passed on October 8, 2013, eliminated the need for approval for other apartments in the same building or parcel once one had been approved. Properties located on unapproved parcels, however, still...
Turkey offers Real Estate Investment Prospects with New Projects The Managing Director of Ideal Estates Abdurrahman Kaya stated that the Turkish real estate market has experienced rapid expansion over the past several years and has become a permanent fixture on the global real estate landscape, possibly at the expense of other, more traditional locations like Spain. In this article, we will discuss the...
