Blog

Opening a local bank account in Turkey is now quite easy for foreigners who frequently visit or reside here for various reasons. What used to be a complex and difficult process has become extremely practical with the advancement of technology. At banks operating within the borders of the Republic of Turkey, anyone who completes the necessary documentation can open an account quickly. Through these...

There's no one-size-fits-all approach to buying a home, as everyone's motivations vary. However, the key to finding the perfect fit lies in understanding your unique needs and lifestyle. While some may find their dream home quickly, others might struggle even after viewing many options. It's crucial to select a home that aligns with your routines, hobbies, and expectations. Whether it's a cozy...

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...