Real Estate & Lease Transactions

In recent years, Turkey has become a very attractive destination for foreign investors who are willing to buy real estate (an apartment, house, or land) considering the advantageous foreign exchange rates and possibility of acquiring Turkish citizenship.
Real Estate Transactions
To that extent, Dündar Sır Law Firm provides comprehensive legal services to both domestic and foreign clients from A to Z and meets their expectations far beyond with its experienced team with sectoral knowledge. Our real estate clients comprise hotels, marinas, shopping malls, foreign investors and foreigners who are willing to acquire Turkish citizenship.

Our well-qualified and dynamic team will be glad to assist you with the following matters:
  • Acquisitions and dispositions of real estates,
  • Acquisition of Turkish citizenship through purchasing real estate in Turkey,
  • Drafting and negotiating lease agreements,
  • Drafting and negotiating construction agreements,
  • Resolving conflicts arising from inherited lands and properties,
  • Resolving disputes between owners and/or building managers resulting from Condominium Law,
  • Resolving disputes arising out of purchase and construction of real estates,
  • Resolving disputes regarding fair market value, urban redevelopment issues and relocation,

Our recent involvements in real estate transactions are as follows:
  • Preparing Design and Contractor Agreements within the scope of Yalıkavak Marina Reconstruction Project,
  • Handling acquisition of Turkish citizenship through purchasing a real estate,
  • Handling due diligence process (cadastral and administrative due diligence) for a foreign purchaser before the transaction,
  • Preparing a Construction Agreement in Return for Land Share for land owners,
  • Handling many real-estate related disputes including elimination of joint ownership, inherited properties, property infringement.

Lease Transactions
Dündar Sır Law Firm has a diverse and complex commercial rental practice representing landlords and tenants nationwide, handling processes such as drafting and negotiating rental agreements.

We provide comprehensive support many sectors, including office, industrial, shopping center, marina, hotel and restaurant, ground leases with our experience in rental law.

Our team serves clients in all different aspects of the leasing process, including the negotiation of LoIs, MoUs, investment agreements, lease agreements, extension or amendment protocols, subleases, lease guarantees, termination agreements, and related documents.

Recently, Dündar Sır Law Firm renders full-fledged legal service on lease to Yalıkavak Marina, a super yacht marina, comprising a luxury hotel and a shopping mall in Bodrum where ultra-lux high-end brands like Louis Vuitton, Gucci, Dior, Prada operate. We handle not only lease agreements but also investment, decoration, supply and employment contracts for the new tenants.