Turkey is considered one of the most attractive destinations for real estate investment in the world, but there are conditions and laws that must be taken into account when purchasing land in this beautiful country.
In this guide, we will review the main conditions that you must be aware of when purchasing land in Turkey as a foreign investor.
1. Location of the land and military laws:
Foreign investors must take into consideration the location of the land they intend to purchase. It is prohibited to buy land near military barracks in Türkiye. Therefore, always check the site and adhere to local laws.
2. Agricultural lands and agriculture projects:
If agricultural land is purchased in Turkey, an agricultural project must be established on it within a specific period of time, usually two years. This requirement aims to promote investment in agriculture and achieve agricultural sustainability.
3. Maximum land area:
Laws specify that foreigners may not own land exceeding 10% of the area in total. This limit must be taken into account when choosing an investment location.
4. Agricultural land area:
If you buy agricultural land, its area must be less than 300 thousand square meters. This condition aims to encourage investment in agriculture on small areas.
Is it possible to obtain Turkish citizenship by purchasing land?
Yes, foreigners can obtain Turkish citizenship by purchasing a property with a value of no less than 250,000 US dollars and registering this value on the sale deed. This condition must be observed and the correct value must be recorded to realize this opportunity.
The best areas to buy land in Türkiye:
The new Istanbul Water Canal area is considered one of the best areas for real estate investment due to its huge projects and great investment opportunities.
These projects include the Istanbul Canal and the new Istanbul International Airport, and they attract investors from all over the world.
It is also worth noting the mega projects in the infrastructure sector such as roads and bridges that attract investors and raise the level of investment in Turkey.