A new edition of the Turkish Property Law was established on August 1, 2012. According to this new edition, the reciprocity principle that allowed foreigners to buy property in Turkey only if Turks could buy property in their countries was canceled. Citizens from 183 countries can buy properties in Turkey.
Now foreigners-individuals are allowed to buy undeveloped land plots even for farming. The limit of the land plots are also increased up to 30 hectares. However, not all restrictions were lifted. Foreigners still cannot buy more than 10 percent of the land within one province.
The procedure of getting a TAPU was reduced to one working week. It is to be reminded that a property owner is a person whose name is mentioned in TAPU. Besides a TAPU, when acquiring a property in Turkey, a transaction must be concluded. A buyer also needs to get a local tax number and a Turkish bank account as well as to pay the taxes and fees.