In our coastal nation surrounded by sea on three sides, the most sought-after type of real estate tends to be luxurious villas featuring pools. The high demand for these seaside properties can be attributed to their exceptional sea views, pristine air quality, and serene atmosphere, making them highly coveted for real estate investment opportunities. Luxurious villas featuring exclusive gardens and...
Smart homes are getting more and more popular, and it is estimated that around 50% of all homes will be smart in the next five years. The biggest reason for this is of course enhanced security, comfort, energy saving and convenience… What is a Smart Home? Smart home is the name given to the houses that use advanced technology. It typically has a variety of smart devices such as thermostats, lighting...
It is estimated that the high level of inflation recorded in 2022 will directly affect the adjustment of the tax rate and will lead to a noticeable increase in the real estate tax. Tax specialist Ozan Bingel, based on his own work, research and calculations, suggested that taxes and fees payable by citizens will increase by more than 100% from January 1, 2023. The growth of the consumer price index...
What is the foreign exchange document that foreigners must provide along with other essential paperwork when engaging in real estate transactions, and how can it be obtained? For purposes such as citizenship or investment, foreigners must adhere to specific procedures when acquiring real estate in Turkey. This involves selling funds to the Central Bank via a bank operating within Turkey, converting...
The Turkish real estate market has not always had such a good reputation among foreigners. It could even be said that some victims who lost all their savings due to fraud and other problems became notorious for their stories. Some even shared the unfortunate events they experienced on online platforms, explaining that the properties they purchased were not of the promised quality or that the same property...
Do you know who pays the title deed fee when planning to sell or buy a house? You are thinking of buying or selling a house… If you have any questions about the title deed transactions, read on to find out the details. In real estate purchase and sale transactions, title deed fee should be divided equally between the buyer and the seller, according to the law. However, if an agreement is reached,...
The gateway to the Turkish Riviera, Antalya welcomes millions of tourists every year and the first thing that comes to mind when its name is mentioned is of course the magnificent Mediterranean beaches. However, this fascinating city has a history of more than two thousand years. And with architectural monuments from different periods and cultures such as Greek, Roman and Byzantine, natural privileges,...
As a new owner, what can you do if there is a tenant already living in the house you bought? You may encounter unexpected problems when buying a house, like having a resident tenant. It can be really annoying if you want to live in the house you bought and if you are thinking of moving as soon as possible… When you buy a house, you are legally deemed to have accepted the agreement of the tenant...
Thanks to the foreign tourists who still keep coming, Antalya is experiencing its best times since the coronavirus pandemic. Antalya, which experienced the best tourism season ever in 2019, hosted a total of 16 million visitors before the restrictions that came into our lives with the Covid pandemic caused a decrease in international travel. This number dropped to 9 million in 2021. However, Antalya has...
The application, which allows buyers and sellers in different provinces or countries to make a Land Registry transaction without coming together, will be put into service in all Land Registry Directorates as of September 15. In a statement made by the General Directorate of Land Registry and Cadastre, it was reminded that the regulation, which allows contracts aimed at the transfer of real estate...