Can a person under the legal age own a property in Turkey?

The real estate world is one of the most important and prominent areas of investment and planning for the future, and in this context Turkey is one of the attractive destinations for many investors around the world, as an important question arises in the minds of many, which is: Can a person under the legal age own a property in Turkey? This issue that carries with it laws and legal procedures deserves attention and analysis, so we will explore the possibility and conditions of owning real estate in Turkey for people who have not reached the age of majority, and the challenges and opportunities related to this topic.

Learn about the legal age to own a property in Turkey

It is known in many countries that the age of majority is 18 years, and this also applies to the rights to purchase real estate in Turkey and according to Turkish law, a person must reach the age of majority (18 years) to have the right to freely buy and sell real estate and conclude related contracts under his name.

Furthermore, the person must be able to perform all contracts and legal acts in a full capacity, however, there are exceptional cases, such as cases of mental retardation, where even if a person exceeds the age of majority, his parents retain the right of guardianship over him, due to his inability to make informed decisions or sign documents properly, which is what the state aims to do to protect his interests and rights from harm. 

What are the conditions for owning a property in Turkey?

1. Ensure that your nationality as a foreign investor is not among the five nationalities that are prohibited from owning a property in Turkey.
2. Choose the appropriate property and prepare the papers required to register the property in your name as a foreigner.
3. Receive the property title deed and complete the ownership process successfully.
4. The investor should not be under the legal age to own a property in Turkey
5. The area of ​​the property should not exceed 30 hectares, and its area should not exceed 10% of the area of ​​the administrative region.
6. The property is not located in Turkish security or military areas.

The necessary papers when owning a property in Turkey

1. A valid passport or residence permit proving your personal identity.
2. A notarized power of attorney in case you authorize an agent to carry out the purchase on your behalf.
3. Your tax number, which is necessary to conduct tax procedures related to the property.
4. A copy of the previous title deed of the property you wish to purchase.
5. Property valuation report from a recognized institution, which is important for determining the value of the property.
6. A bank statement showing the availability of sufficient funds to cover the costs of the purchase and other related transactions.
7. Final Purchase Agreement, which is a document signed by all parties involved that proves your commitment to the purchase process.

What is the right time to own a property in Turkey?

Usually, the spring and summer seasons are considered the best time to own real estate in Turkey, during this period the real estate market is lively and active, and the demand for real estate increases significantly, which makes prices more competitive and the possibility of finding good deals greater and in addition, the weather is pleasant and temperate during this period, which makes it an ideal opportunity to visit and explore potential properties.

Advantages of owning a property in Turkey

1. The laws of real estate ownership in Turkey are simple and accessible, which makes the buying process easy and convenient.
2. Turkey offers a variety of real estate options, from residential apartments to luxury villas and commercial real estate, allowing you to choose what suits your needs.
3. Turkey is one of the countries with active and thriving economies, which makes it an ideal place to invest in real estate.
4. The real estate market in Turkey is witnessing continuous growth, which makes real estate there a good option to get a good return on investment.
5. Foreign investors can obtain Turkish citizenship through a certain investment in real estate, which provides an opportunity to live, work and travel freely in Turkey.
6. Turkey is one of the countries with reasonable costs, and this is reflected in the costs of real estate and living in general.
7. Turkey encourages investments and provides a business incubator environment, which makes it a suitable place for companies and businessmen.
8. Turkey's location on the Mediterranean front and its proximity to Europe and the Middle East make it a suitable destination for investment.
9. Turkey has a rich culture and cultural diversity, which makes living there a unique cultural experience.
10. Turkey is investing in infrastructure development, which leads to an improvement in the quality of life and real estate value.
11. Laws for granting Turkish citizenship by purchasing a property in Turkey at a value of 400 thousand US dollars, in addition to obtaining a Turkish passport and enjoying all the rights of a Turkish citizen
12. Granting real estate residency to investors who buy a property in Turkey with a value of $75,000

Things to know before owning a property in Turkey 

1. Before deciding to buy a property in Turkey, there are several important steps and procedures to consider, as first, investors should check the possibility of obtaining the right to own real estate or limited rights in rem and transferring ownership of the property requires compliance with the laws and regulations in force in Turkey.
2. To facilitate the process of verification and reassurance, it is preferable to review the real estate department and extract sufficient information regarding the real estate in question and this includes verifying whether the owner of the real estate has the right to dispose of it, and whether it is mortgaged or subject to any other procedure that prevents its sale.
3. It is necessary not to sign contracts or pay any amount as a price for the property before obtaining sufficient information from the real estate records directorates, and he should not start the sale and purchase transaction before the necessary research and investigation has been conducted on the persons or companies selling the property.
4. In the event of any difference during the buying and selling process, the matter must be transferred to the court where the cases are organized in the Turkish courts and this aims to protect the rights of everyone and ensure that the process proceeds in a legal and transparent manner.

Although there are some challenges and restrictions, Turkey offers wonderful opportunities to invest in real estate, the most important of which is the opportunity to obtain Turkish citizenship by buying a property in Turkey in addition to obtaining a Turkish passport and real estate residence that gives you the enjoyment of the rights of a Turkish citizen, as real estate investment in Turkey is an irreplaceable golden opportunity

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