News

The regulations to be made by the Ministry of Treasury and Finance will make changes to the land registry system. From now on, land registry fees and property taxes will be calculated based on the real values ​​of real estate. A comprehensive regulation has been completed in the field of taxation in Turkey. The draft prepared by the Ministry of Treasury and Finance was presented to President...

Bad news for homeowners: After those who rented, now those who will sell their homes and those who own more than one home will face new taxes. It has been reported that additional property taxes and title deed fees will be imposed on those who own more than one home in order to create resources for budget expenditures. In addition, it is expected that taxes will also be collected from those who sell...

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...

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...

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...

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...

Living by the sea is something most people dream of, and science is proving that coastal living can be beneficial for both our mental and physical health. In the 19th and 20th centuries, doctors often advised their patients to recuperate by the sea. Sea bathing was a common treatment method. Fresh and salty sea air was believed to have healing properties, so it was considered an attractive way to treat...

When renting a new home, one of the most common questions is how much deposit needs to be paid. It is within a landlord’s legal rights to request a deposit when renting out their property, but there are certain limits. The law outlines how much deposit landlords can charge. What is a Deposit? A deposit is a specific amount of money requested from the tenant at the start of a new lease agreement. It's...

Considering that the number of foreign nationals living in Turkey is increasing day by day, it is not surprising that banks start to give loans to foreigners if they meet the specified conditions. Opportunities offered to foreign investors in Turkey in line with economic moves enable them to turn to real estate in particular. Especially in Turkey, which offers very rich alternatives in luxury real...

Owning a home is one of the primary goals of almost everyone. An owned house offers belonging and comfort. Moreover, it is one of the investments we can make to secure our family and ourselves. When you decide to buy a house for living, many criteria come into play, but perhaps the most important thing is whether the house you idealize is suitable for your budget. Financial planning is required before...