What Is A Taahhütname (Letter Of Undertaking)?

A "taahhütname," best translated as a letter of undertaking, is a legal document used to demonstrate your intent to perform a specific action to Turkish officials. Derived from the Arabic word "taahhüt" (meaning declaration, undertaking, or commitment) and "name" (meaning letter), this document outlines your commitment to fulfill certain obligations or remedy any wrongdoings. The contents vary depending...

Spain Decides to End Golden Visa Program

Spain's Prime Minister Pedro Sanchez announced that the "Golden Visa" program, which has been in place in the country since 2013 and grants temporary or permanent residency to foreigners who purchase real estate or make investments, will be terminated. Sanchez, speaking at an event held in Seville, stated that the decision to end the Golden Visa program would be made at the regular Cabinet meeting on...

The Final Decision Announced for Co-Owners of Shared Land

Significant changes have occurred in the shares obtained through inheritance for those with shared deeds. With the latest regulation for heirs, new rules have been established for inheritance distribution in 81 provinces, initiating a fair process. With these changes, solving the often encountered problems in inheritance distributions becomes easier, reducing disagreements among siblings and bringing...

Frequently Asked Questions About Short Term Rental

The short-term home rental trend continues to rise because short-term can provide greater income than long-term. So much so that the number of people looking for real estate just for this investment has increased. According to Forbes, short-term rentals yield 30% more profit than long-term rentals, as the daily pricing system is more flexible than the monthly rental fee. Additionally, in short-term...

Gardening in Flats: Tips for Greening Up Your Apartment Space

Are you longing to cultivate a little greenery but think you can't because you live in an apartment? Think again! Gardening in flats, even with limited space, is entirely possible and incredibly rewarding. Whether you have a sunny balcony, a small patio, or just some windowsills, there are plenty of ways to bring nature indoors and create your own mini oasis. Let's explore some tips and tricks for...

7 Tips for a Pet-Friendly Home

There's no greater joy than returning home to the warm welcome of a wagging tail or a comforting purr after a long day. For pet owners, our furry companions are more than just animals—they're cherished family members, steadfast friends, and constant sources of joy. As we navigate through life with our beloved pets, it's essential to make thoughtful decisions that prioritize their well-being and...

Are You Ready to Pay Taxes for Your Guests?

After the ‘Mother-in-Law Tax’ that hit the agenda like a bombshell a short while ago, now the ‘Guest Tax’ is on the agenda… Mother-in-Law Tax is the name that Economics Writer Abdullah Tolu gave to the income tax that a couple would pay based on the comparable rent if they were living with their mother-in-law in a house they own without receiving any rent. Again, according to the subject...

Advantages and Disadvantages of Living in Garden Floor Flats

While penthouses and top-floor apartments are often perceived as premium choices, and mezzanine floors may have their allure, residing on the ground floor offers several compelling advantages. Before finalizing your decision, it's crucial to weigh the pros and cons of ground floor living: Pros of Ground Floor Living Access to Open Spaces: Opting for a ground floor apartment provides convenient access...

Kentsel Dönüşüm Kanun Teklifi Kabul Edildi

TBMM Genel Kurulu’nda değerlendirilen ve kentsel dönüşüm düzenlemelerini içeren kanun teklifi kabul edildi. Tam açılımıyla “Afet Riski Altındaki Alanların Dönüştürülmesi Hakkında Kanun ile Bazı Kanunlarda ve 375 sayılı Kanun Hükmünde Kararnamede Değişiklik Yapılmasına Dair Kanun Teklifi”, TBMM Genel Kurulu’nda kabul edildi. Teklif uyarınca, hasar tespit...

You Are Now Required To Verify Your Identity Using The E-Government System For Real Estate Sales!

Starting from November 1, the Electronic Advertisement Verification System (EIDS) will be enforced for digital advertisements. This system, integrated into the e-Government platform, will significantly impact housing sales. To combat fake listings and maintain price stability, a new measure is being introduced in the real estate market. Beginning November 1, property owners intending to sell real estate...