Land Title Announcement for 2B Areas

Minister of Environment, Urbanization, and Climate Change Murat Kurum announced the good news that will excite millions of citizens. Works to determine property rights on 2B lands will be completed by the end of the year. “5 Million Citizens Will Receive Title Deeds” Speaking at the 178th anniversary of the General Directorate of Land Registry and Cadastre in Istanbul, Minister Kurum announced,...

8 Critical Questions You Must Ask When Buying Property

Buying real estate, whether for living or investment purposes, is an important decision. And of course, it is not enough to make a decision based merely on the appearance or location of the property. Considering many details, from the legal situation to the technical infrastructure, will enable you to prevent potential problems in the future. Here are 8 critical questions you should ask when buying...

A New Era for Real Estate Agents: Rental Agreements Now Available on e-Government!

Digitalization in the real estate market continues to accelerate. Thanks to a system developed by the Ministry of Treasury and Finance, the application for preparing lease agreements through e-Government is now available to real estate agents. This innovation simplifies many processes in the market while also increasing security. How Does the System Work? The e-Government Lease Agreement service,...

Countries with the Highest Number of Turkish Home Purchases Abroad Are Announced

Turkish citizens' interest in overseas real estate investments continues to grow. According to balance of payments data shared by the Central Bank of the Republic of Turkey (TCMB),  In 2024, real estate purchases made by Turkish residents abroad increased by 20.5% compared to the previous year, reaching $2.513 billion. In January alone, this figure was recorded at $144 million. With these data, the...

The “E” Sign Era Begins for Real Estate Offices!

Following Ramadan, a new sign system will be implemented for authorized real estate agencies. According to Akçam, President of the All Real Estate Consultants Association (TEDB), the "E" sign will become mandatory to prevent fraud and ensure institutionalization in the real estate market. Pilot Program Begins in Ankara The new system will be implemented first in Ankara. There are 142,000 real estate...

Good News for Retirees! You Can Get Your Property Taxes Back

Retirees in Turkey are exempt from property taxes and can get back the taxes they paid in the past five years! This is a great opportunity, especially for retirees who own a single home and meet certain requirements. Who is Exempt from Property Tax? Retirees who own a single residence in Turkey that does not exceed 200 square meters. Homes used only during certain periods of the year are not...

We Attended International Real Estate Fairs in Moscow and Berlin

Recently, as the Grand Emlak team, we took part in the Nobel Immo fair in Berlin and the Invest Show in Moscow. These events are among the leading international real estate fairs in the industry. Participants can gain a wealth of information on investment-focused real estate projects, and firms like ours have the opportunity to showcase our portfolios and build long-term partnerships. It All Began with...

How to Obtain a Residence Permit Through Real Estate Investment in Hungary?

Located in Central Europe, Hungary has been a member of the European Union since 2004 and offers a residence permit through real estate investment. As of 2024, Hungary has introduced updates to this program, now implementing a permanent residency program called the "guest investor residency." How to Obtain the Guest Investor Residence Permit? The "guest investor residency" program, which came into...

Highest Monthly Housing Sales of the Year Occurred in August

In August, housing sales increased by 9.9% compared to the same period last year and by 5.6% compared to July, reaching the highest monthly figure of the year with 134,155 housing sales. While total sales in the first 8 months of the year increased by 1.1% compared to the same period last year, credit sales decreased by 49.8%. According to TÜİK data, 134,155 housing units were sold throughout Turkey...

Last 3 Days! Everything You Need to Know About the Electronic Ad Verification System

A new regulation for real estate ads is coming. The Ministry of Commerce announced that starting from September 15, the second phase of the Electronic Ad Verification System (EIDS) will be implemented, making verification mandatory for real estate agents on ad platforms. This regulation, known as the "verified ad" system, aims to prevent consumer issues and stop price manipulation caused by fake ads. So,...