Due to the travel ban, you can now own property from your home and get all the documents from your country, stay safe.

Properties in Turkey: Broad Prospects for Saudi Investments

Saudi Arabia has been one of the most foreign countries to invest in real estate in Turkey.

Properties in Turkey: Broad Prospects for Saudi Investments
5,239
2018-11-22 Last update 2020-02-13

Properties in Turkey: Broad Prospects for Saudi Investments

Turkish real estate sector is considered one of the most commercial sectors that are attracting investors and Saudis in particular. Studies show that Saudi companies and investments registered a significant increase after Turkey adopted more laws and regulations that help to invest in many sectors such as tax cuts and other facilities that attracted investors significantly.

Over the years, Saudi Arabia has been one of the most foreign countries to invest in real estate in Turkey.

According to data from the Turkish Statistical Institute, Saudis real estate ownership in Turkey for 2017, for example, exceeded 3,300 properties by up to 100 % of 2016, thus Saudis were the second most foreign nationalities that owned the property that year.


In accordance with the 2012 law on foreign nationals entitled to own real estate in Turkey, the principle of reciprocity was reviewed on the subject of foreign ownership of real estate in Turkey and the restrictions on the ownership of some foreigners including Saudi citizens were left. Thus, Saudis in Turkey can own real estate in Turkey without conditions.

Saudi nationality campaign has the right to own all types of properties in Turkey including apartments, villas, shops, commercial offices, stores, hotels, buildings, lands, farms and other types of residential and commercial properties.

Edited by: Imtilak Real Estate ©

More from Imtilak
Information about the Esenyurt area in Istanbul, living, and investing in it

Learn more about the Esenyurt area in Istanbul, the advantages of living and investing in it, its most beautiful tourist...

2020-05-04
488
Information about the Besiktas area in Istanbul, living, and investing in it

Learn about the Besiktas area in Istanbul, its most beautiful tourist places, and the advantage of housing and investmen...

2020-05-04
643
The Economy of Turkey 2020 - Strengths, Weaknesses, and Future Expectations

Learn about the most important elements of the Turkish economy in 2020, its strengths, weaknesses, and future expectatio...

2020-04-03
1,611
Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them