Turkey: Real Estate and Construction

With the Regulation Amending the Regulation on Real Estate Trade, which was published in the Official Gazette dated 29 April 2026 and numbered 33238, the use of the secure payment system in real estate sale transactions had been made mandatory as of 1 July 2026. However, with the Regulation Amending the Regulation on Real Estate Trade, published in the Official Gazette dated 1 October 2026 and numbered 33387, the date for the mandatory implementation of the secure payment system was postponed to 1 December 2026.

This article examines the statutory restrictions affecting foreign acquisition of immovable property in Türkiye. It distinguishes foreign natural persons, overseas companies and Turkish companies with foreign capital, and considers nationality conditions, quantitative limits, military and security areas, project obligations and liquidation risks.

The practical conclusion is straightforward: an international form is only the starting point. Effective risk allocation requires a Turkish law review of the contract documents, authority chain, notice machinery, security package, dispute clause and project records.