Acquisition Limits

• Citizens of the Republic of Turkey:
  • May purchase up to 6 apartments or 3 two-storey detached villas, provided the villas are on the same residential site.
• Other Foreign Nationals:
  • May purchase up to 3 apartments or 2 two-storey detached villas, provided the villas are on the same residential site.

Land Registry Fees (Transfer Taxes)

• Non-Turkish citizens: 9% of the property value.

When registering contracts, a percentage of 6% is paid. The remaining 3% is paid upon transfer of the title deeds. When buying the 2nd and 3rd properties, 3% is paid upon registering the contract, and the remaining 6% is paid upon registering the deeds.

• Turkish citizens:
  • 6% on the first purchase
  • 8% on the second purchase
  • 9% on the third and subsequent purchases

Contracts of Sale Entered Before 15 May 2025

• For properties where construction is completed and delivered:
  • Title transfer must be completed within 36 months from 15 May 2025.
  • If a purchaser cannot meet this deadline due to a valid reason, they must apply to the Land Registry within 34 months, which will provide a written decision within 15 days.
  • Taxes must still be paid within the 36-month period for title transfer to be valid.
• For shared-title properties purchased before 15 May 2025:
  • If individual title deeds cannot be issued due to co-owner or technical issues, owners can apply to the Land Registry within 2 years from 15 May 2025 to transfer their shares to third parties (subject to approval).

Extensions and Deadlines Under the 21 May 2024 Legislation

• Purchasers whose permission to purchase was granted after 21 May 2024 now have 12 months (instead of 6 months) to take title.
  • If payment installments are ongoing, the 12-month period starts from full payment.
  • All taxes must be paid within 75 working days of permission being granted; otherwise, permission will be void, and utilities (electricity and water) will not be connected.
• Registration of Contracts of Sale entered prior to 21 May 2024 has been extended by 6 months from 15 May 2025.
• Notification of properties exceeding acquisition rights under the 21 May 2024 legislation has also been extended by 6 months from 15 May 2025.
  • The 24-month period for disposing of such properties now starts after the new notification period.
  • Alternatively, purchasers may apply to the Land Registry for a 10-year right to use the property while ownership remains with the vendor (not applicable to vacant land). All purchase taxes must be paid to secure this right.
• Transfer of title for properties with permission granted before 21 May 2024 has been extended to 6 months from 15 May 2025.
• Registration of Trust Deeds entered before 21 May 2025 has also been extended to 6 months from 15 May 2025.

Extensions and Deadlines Under the 21 May 2024 Legislation

• Purchasers whose permission to purchase was granted after 21 May 2024 now have 12 months (instead of 6 months) to take title.
  • If payment installments are ongoing, the 12-month period starts from full payment.
  • All taxes must be paid within 75 working days of permission being granted; otherwise, permission will be void, and utilities (electricity and water) will not be connected.
• Registration of Contracts of Sale entered prior to 21 May 2024 has been extended by 6 months from 15 May 2025.
• Notification of properties exceeding acquisition rights under the 21 May 2024 legislation has also been extended by 6 months from 15 May 2025.
  • The 24-month period for disposing of such properties now starts after the new notification period.
  • Alternatively, purchasers may apply to the Land Registry for a 10-year right to use the property while ownership remains with the vendor (not applicable to vacant land). All purchase taxes must be paid to secure this right.
• Transfer of title for properties with permission granted before 21 May 2024 has been extended to 6 months from 15 May 2025.
• Registration of Trust Deeds entered before 21 May 2025 has also been extended to 6 months from 15 May 2025.