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Turkey’s real estate market recently emerged as a very important sector for investment for both Turkish and international investors. Due to investor interest, real estate development and construction have increased and many new projects are scheduled or underway, including numerous multi-faceted and often complicated transactions.
Legislation regulating real estate and construction in Turkey is frequently amended, whether to adopt international standards or to provide stimulus for investment. Recent changes include: expanding real estate purchases by foreigners due to changes in the Deed Code, pledged housing finance, and revised tax codes. Experts at GSG Attorneys at Law are well positioned to provide consultation on real estate matters and execute necessary formalities with authorities, including conducting requısite surveys and land registry title deed searches, establishing a real estate investment company, and real estate management and conveyancing.