In recent years, owing to its incentives for foreign investors in the real-estate sector, Türkiye has increasingly attracted the attention of foreign nationals. This has led to an increase in property sales to foreign buyers. However, foreign investors face various challenges when buying, selling or leasing real estate. These include the simultaneous sale of the same property to several persons, instances of fraudulent land-registry entries, and difficulties in leasing the acquired property to tenants.
The range of these challenges is wide and not exhaustive. Our firm offers a variety of services to provide support in this regard, including:
- Examination of the property to be acquired on the basis of the title deed, confirmation of the owner, and ascertaining whether any encumbrance (mortgage, etc.) is recorded on the property
- Advice on legal transactions in connection with property purchases (validity of the real-estate sale contract, review of agreements to be concluded with the estate agent)
- Handling of the legal procedures for letting the property (in particular, drafting of the lease agreement)
- Resolution of disputes with tenants (non-payment of rent, rent increases, eviction of tenants, etc.)
- Handling of the legal procedures for the sale of the property