Immovable asset sales, which were interrupted on April 16, 2008, after the decision of the Turkish Constitutional Court, recommenced as the result of a circular published on July 16, 2008, by Faruk Nafiz Özak , the Minister of Public Works and Settlement.

According to the new regulations, companies scoped under the Foreign Direct Investment Law may buy immovable only with the permission of the governor. The requirements necessary to obtain such permission will be determined by a regulation. Until the regulation is published, immovable sales will not be permitted.

Foreign companies and foreign citizens may own no more than ten (10%) percent of land / immovable assets and limited real rights on the same, which is determined according to the Building Development Scheme calculated based upon districts, and no foreigner shall own or have a right to own more than 2.5 hectare.

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