Turkey to allow foreigners to buy 12 times more land

Environment and Urban Planning Minister Erdoğan Bayraktar has said foreigners will be able to purchase 12 times more land than they are currently allowed to once a bill that will allow them to own real estate in Turkey without being subjected to the reciprocity principle takes effect next year. Read More...

Draft ready for Turkey Real Estate sales to foreigners.

A legal provision introduced in 2003, enabling real people and corporate entities of foreign origin to obtain real estate in Turkey, was overturned by the Constitutional Court in 2005. The sale of properties to foreigners skyrocketed during those two years. Read More...

Thirty hectares more for foreign investors to purchase real estate in Turkey.

The 2.5 hectares restriction in place for foreign investors will soon be increased to 30 hectares. Minister of Environment and Urban Development Erdoğan Bayraktar has announced that the process should be completed by the beginning of 2012. Read More...

Where are foreigners buying house in Turkey?

The number of foreigners who have purchased property in Turkey has reached 119,599 people. While the majority of property-owning foreigners are British, German and Greek nationals, citizens from a total of 89 different countries, spanning from New Zealand to Kenya and El Salvador to Ruanda own a total of 111,194 properties in 76 different provinces out of Turkey's total 81. Read More...

Turks are collecting estates in London

 Turkish businessmen, football players and stars all look to London for property purchases. Attorney to the famous, Mehmet Ali Erdoğan, explains that over the past three years, the number of homes purchase by Turks in London have increased by 500 percent. Read More...

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