1) Who Can Own Property in Turkey?

First the "reciprocity principle" must apply between the countries of the person wishing to obtain acquisition of ownership. In other words, if a Turkish citizen can become the owner of real estate in the UK, then the same right applies to a UK citizen in Turkey. The United Kingdom and the Republic of Turkey have full reciprocity regarding real estate acquisition.

2) Selling Property in Turkey

Unlike Spain and the Canary islands where capital gains tax is applicable, individuals do not have to pay capital gains when they sell a property in Turkey, provided they have owned the property for one year. All proceeds from the sale can be sent back to the U.K. Capital gains made from the sale of a property will only be taxable in Turkey if the owner is a Company.

3) Property and Conveyancing in Turkey

Persons wishing to buy property in Turkey can be apprehensive about their choice of lawyer since they will not be familiar with the firms nor, in most cases, with the civil law system. We can put these misgivings to rest by recommending the lawyers we work with who are reliable and will provide an efficient and professional service.