For foreign nationals
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In the context of rising prices, and the "shuffling" of the most popular areas for the acquisition of housing by foreigners, and legislative innovations of this year, we decided to once again "run through" the key points not to be missed when buying a house in Turkey in the near future. Content: The purpose of the purchase. Citizenship,...
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Istanbul remains the most sought-after city in Turkey in terms of real estate purchasing and one of the most expensive locations in terms of rent. New records are consecutively set in this area. So, in the approx. central Istanbul districts, there are no apartments cheaper than 6,000 Turkish liras (TL) for rent. When the previous report in April (...
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Wherever a person happens to be, at home or abroad, nobody is fully insured against an emergency. Fortunately there are emergency services ready to come at any hour and give the help that is needed. For that you have to learn by heart, or at least write down and keep at hand, the numbers of the fire service, the police, the ambulance and other...
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Turkish law provides three ways of leaving property to heirs, open to citizens and foreigners alike. Without a will, the estate is distributed according to the rules set by law, which in most cases means more difficulty for the family. A document drawn up in advance spares the relatives lengthy and expensive court proceedings. Here is what owners...
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Turk Estate regularly posts information on price trends in various cities and regions of this country to help you navigate real estate purchasing. Our readers are particularly interested in new developments concerning application for a residence permit and the details of everyday life in Turkey, particularly now, when the current events have taken...
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By the end of November, it is not only analysts busy collecting statistics on the number and quality of residential real estate transactions. Sales departments in development and real estate companies are also finding out about the relevant factors and how they affect the volume of purchased real estate. This is not only the quantity, quality,...
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Some investors selecting seaside homes in Turkey opt for the Aegean Coast, which is famous for its milder climate. There are many locations in this area to choose from besides Antalya, Alanya, Kemer, Side, and Belek on the Antalya Coast with its too-hot summer and high humidity. Most people who have never lived in Turkey are only aware of the...
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2022 will be an unforgettable year for many investors in real estate in Turkey due to the changing rules regarding upgrades, additions, etc. This began in the spring, when in mid-April the authorities announced that the minimum financial limit for obtaining citizenship for investments would be raised from $250,000 to $400,000. A month later, they...
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The increase in the threshold for buying an apartment to obtain citizenship through investment (under an accelerated procedure), for obvious reasons, did not please everyone who planned to purchase housing in the Republic of Turkey. The minimum transaction amount for the purchase of residential real estate in Turkey has risen from $250,000 to...
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Content: Russians Rank First Other Leading Countries Citizenship by Housing Priority Cities and Investments for Citizenship Opinions of Industry Experts The Ban on the Sale of Housing to Foreigners has been Postponed Indefinitely Russians Rank First The beginning of 2022 will be memorable in terms of property purchases by foreign...
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