Turkey has thoroughly prepared to sell real estate to foreigners without any problems even with closed borders and other restrictions related to the coronavirus. In the coming days, the cadastral authorities of the Republic will begin to execute all transactions remotely: a special application, which was launched in mid-January, will now work in all provinces of the country. What else important happened in the Turkish real estate sector during the week? The top property news in English on Turk.Estate.
- The owners of expensive real estate in Turkey will face a new tax , which from 2021 will be imposed on objects worth 5 million liras (566,000 euros).
- In order to reduce the costs of construction companies and the cost of new housing, the Turkish authorities decided to completely switch to domestic construction and finishing materials as soon as possible. The transition process has already started.
- Which cities and provinces in Turkey sell the most property? A list of the most popular locations among home buyers has been published .
- The coronavirus pandemic has affected the requirements of apartment buyers in Turkey: people began to give preference to houses and apartments with large balconies and gardens as close to nature as possible. How has the concept of a safe and comfortable home changed in connection with the coronavirus pandemic? Experts reveal five key criteria for a safe home based on the latest consumer preferences.