The Turkish property market

Real estate in Turkey In recent years, foreign investment has flooded the Turkish property market. This has led to increasingly developed infrastructure and greater numbers of golf courses and resorts. Property prices in Turkey remain low compared to other European countries, however, even with the high levels of foreign investment. This makes the Turkish property […]

Gas, electricity, and water for your property

Setting up and paying for your property´s utilities is fairly convenient in Turkey. Just make sure to have all the required documents readily available. Before setting up your utilities you should obtain a Building Use Authorization Document. This is a form that certifies you own the property and have the right to alter it. The […]

Property purchasing process

Paperwork and contracts Buying property is straightforward and well-regulated in Turkey. In the end, the new real estate owner receives a deed document (tapu) from the District Land Registry Office that confirms he or she is the new owner of that property. You should prepare the sales contracts with the help of a lawyer. That´s […]

Turkish Citizenship Requirements

With the decision published on 19.09.2018 on the Turkish Official Gazette, some regulations regarding the transition of foreigners to Turkish citizenship changed. Turkish citizenship will be given directly to foreigners who buy at least 250.000 USD real estate in Turkey. Question: How does Turkish citizenship acquisition work?Answer: When you buy properties valued above 250.000 USD, you […]

Iranian investor pays $90.6 million USD for 47 apartments in Istanbul

Iranian businessman Mehrdad Safari has bought a total of 47 apartments in a luxurious Istanbul skyscraper for $90.6 million. The price does not include VAT, although the rate on many of the apartments will only stand at 1 percent, while a portion will be subject to 8 percent tax following a recent tax cut.  Kiler Real […]

Qatar’s five major conglomerates turn to Turkey for investments

Days after Doha, one of Ankara’s closest allies in the Gulf region, pledged $15 billion in direct investment in Turkey, Qatar’s private sector has also turned to the country as five major conglomerates are looking to invest $300 million. Qatar’s Emir Sheikh Tamim bin Hamad Al Thani (above) visited Ankara last month in an apparent […]

Selling Your House? Avoid These Mistakes

Selling your house — especially if you’ve never done it before — can be surprisingly time-consuming and emotionally challenging. Strangers will come into your home and poke around in your closets and cabinets. They will criticize a place that has probably become more than just four walls and a roof to you, and then, to […]

Why do you have to invest in Turkey?

Here is 10 facts about Turkish economy, that will make you believe in Turkish economy. 1. SUCCESFUL ECONOMY A fast developing economy, with a GDP growth of 231 Billion USD in 2002, To a GDP of 851 Billion USD in 2017 which is more than triple the amount within 15 years. (TÜİK)Stable economic growth; A yearly […]

Turkey’s Finance Minister Sees Economy Staging V-Shaped Recovery

Turkey expects a V-shaped recovery in the economy as domestic demand improves. “Leading indicators from June give positive signals for an improvement in the economy,” Albayrak said at a Turkish Banks’ Association meeting in Istanbul. The minister cited an increase in consumer confidence, as well as a jump in the country’s manufacturing Purchasing Managers’ Index. The […]

How to find your dream property in Turkey

Before you do anything, know whether you are buying a home or making an investment. Next, think long and hard about whether you want a newer or older property. If you are buying as an investment or to let, remember that profitable properties might not be properties that you particularly like. Consider who will be […]

1 2

Compare