Legal Structuring of Multi-Shareholder Real Estate Investments in Turkey by a Turkish Law Firm

Multi-Shareholder Real Estate Investment in Turkey - Legal Guide

Multi-shareholder real estate investments are becoming increasingly popular in Turkey—particularly among foreign investors looking to co-invest in high-value properties or portfolios. These structures allow several individuals or entities to collectively acquire and own a property, either through shared title deeds (hisseli tapu) or corporate vehicles. However, without proper legal structuring, these arrangements can lead to disputes, tax liabilities, and enforcement issues. Working with an experienced Turkish Law Firm is critical to ensuring legal clarity and long-term investment protection.

At ER&GUN&ER Law Firm, our English Speaking Turkish Lawyers provide comprehensive legal support for group property acquisitions, co-ownership agreements, and syndication structures. As a best lawyer firm in Turkey for real estate and investment law, we structure every transaction for clarity, tax efficiency, and enforceability.

What Is a Multi-Shareholder Real Estate Investment?

This refers to any real estate purchase in which more than one party acquires legal rights to the same property. Legal structures may include:

  • Joint title deed ownership (hisseli tapu)
  • Real estate investment through a Turkish company
  • Real estate syndication or investor pools
  • SPV (Special Purpose Vehicle) ownership and shareholding

Risks of Informal Co-Ownership Without Legal Structuring

  • Difficulty selling property without unanimous consent
  • Disputes over usage, rental income, or costs
  • Inheritance claims or third-party seizure risk
  • Personal tax liabilities for each owner
  • No enforceable exit strategy or dispute resolution process

Our firm drafts private co-ownership agreements (gayrimenkul ortaklık sözleşmesi) to address these issues in advance.

Our Legal Services for Shared Ownership Structures

  • Due diligence on target property or project
  • Drafting co-investment and contribution agreements
  • Preparing and executing share transfer protocols
  • Corporate incorporation (LTD or A.Ş.) for holding title
  • Tax strategy and income distribution planning
  • Legal exit and pre-emption (ön alım) clauses

We also advise on citizenship eligibility for property held by multiple foreign investors. See our citizenship guide for more.

Joint Ownership via Hisseli Tapu: What You Need to Know

  • Each shareholder is recorded on the official deed with % ownership
  • Individual rights are limited by Civil Code provisions
  • One owner cannot sell or modify the property without others’ consent
  • Partition lawsuits (izale-i şuyu) may be filed if there is disagreement

We prevent disputes by drafting detailed internal usage and decision-making protocols.

Shared Real Estate via Company Shareholding

  • Each investor holds shares in a company that owns the property
  • Facilitates structured decision-making and transferability
  • Allows corporate banking, financing, and operational rights
  • May offer tax advantages depending on holding period and structure

We prepare shareholder agreements with veto rights, profit sharing, and governance terms.

Internal Resources You Should Review

Frequently Asked Questions (FAQs)

  • Can foreigners own joint property in Turkey? Yes. But certain zoning restrictions apply in rural or military zones.
  • Is co-ownership recommended? Only if supported by a detailed legal agreement or company structure.
  • Can I exit without others’ consent? Not under hisseli tapu unless partition is requested. Company shares are more flexible.
  • Can you prepare bilingual documents? Yes. We provide all contracts in Turkish and English.
  • Can this be done remotely? Absolutely. Our team manages the entire transaction under POA.

Contact Our Turkish Law Firm for Real Estate Investment Structuring

Planning a shared real estate investment in Turkey? Secure your rights and investment through legal clarity. At ER&GUN&ER Law Firm, our English Speaking Turkish Lawyers prepare compliant, enforceable, and investor-focused legal structures for group property acquisitions. As a Turkish Law Firm recognized as a best lawyer firm in Turkey for real estate law, we are ready to support your next venture.