Set Up a Real Estate Company in Turkey

The real estate industry has advanced quite a lot in the last few years in Turkey. With a great number of investors buying properties for commercial or residential reasons, starting a company which offers services in this sector can be a good investment for the future.

There are several services which can be offered in the real estate industry, therefore those who want to open companies can rely on our company formation services in Turkey.

The Real Estate Law in Turkey

Even if the Real Estate Law provides mostly for foreign citizens buying properties in Turkey, those who want to start real estate businesses should also get acquainted with it in order to service their clients in the best manner possible.

The Real Estate Law covers aspects related to buying residential or commercial buildings by foreign citizens and entrepreneurs.

Registering a real estate company in Turkey

Those who want to set up real estate businesses in Turkey as foreign investors should consider the following aspects:

• -          they must comply with the Company Law which enables them to register their Turkish companies;
• -          they must apply for work or residence permits if they want to manage their business in the country;
• -          they must select a suitable business form for such activities, such as a limited liability company;
• -          they must apply for specific licenses, depending on the services they will offer.

Our company registration advisors in Turkey can help with the incorporation of the real estate business.

Services offered by real estate companies in Turkey

Foreign investors who open real estate companies in Turkey can offer various services, among which:

• -          real estate rental and sale services, if the company is registered as a real estate agency in Turkey;
• -          construction services, if the company is registered as a construction company and if it obtains the necessary building permits;
• -          appraisal services, these are real estate companies specialized in evaluating various types of buildings;
• -          real estate due diligence services, these services can be offered by real estate agencies in Turkey.

For assistance in choosing the right business form and registering a real estate company, please contact our Turkish company formation agents.