According to Article 35 of the Land Registration Law No. 2644, which was enacted on May 18, 2012, according to Law No. 6302, the requirement for reciprocity in the right to own property of foreigners on Turkish lands has been abolished
Foreigners can own and invest in Turkey in any type of real estate (residential, commercial, land, farm), but there are legal limits to foreign ownership in Turkey:
- Across the country, a foreign citizen may possess a maximum of 30 hectares of immovable property
The area of real estate owned by foreign citizens should not exceed more than 10% of the area of the administrative region
- A foreigner is not entitled to own or rent real estate in military areas or near them, unless they apply for a military approval which normally takes 45 days.