Turkish Citizenship The Turkish Citizenship Turkey is a constitutional republic strategically located on three seas - the Mediterranean, the Aegean and the Black Sea. The Turkish Citizenship by Investment Programme was launched in January 2017. Rixos Home experts provide assistance in participating in this programme. The minimum investment threshold for the programme is USD...
How to celebrate New Year in Alanya? New Year in Alanya. You have bought or will buy a property on the Mediterranean coast; you want to fully experience the New Year atmosphere in your new apartment. So how will you celebrate the New Year in Alanya? What is the weather in Alanya in December? What to eat in Alanya for the New Year? Where to buy the most delicious food? In which store are Christmas...
Iskan in Turkey . Why is it so important to have Iskan document? Iskan in Turkey . Why is it so important to have Iskan document? The procedure for buying property in the Republic of Turkey is as simple and transparent as possible, which eliminates any risk to the investor. However, it is important at the stage of viewing apartments ask about the presence of all documents of title from...
Education sector in Turkey A few decades ago, the Turkish government consciously invested heavily in the education sector and gave the Ministry of National Education the task of bringing the Turkish education system up to European level. This has gradually yielded very good results: The level of education in Turkish universities is now as high as in Europe. The Turkish diploma is recognised among...
Property taxes in Turkey What are property taxes? Purchase tax Annual property tax. Tax on the resale of immovable property 1. Purchase tax When the seller and the buyer finalise the deal, a tax contribution of 4% of the cadastral value stated in the TAPU must be paid. The fee must be paid by the buyer. On average, the tax for a 1+1 apartment starts from 1000 Euro. 2. Annual Property Tax...
Growth in housing sales to foreigners in Turkey approached 27 per cent The sale of real estate in Turkey to foreign citizens for 10 months was summarised. According to the country's Statistics Office, in January-October, foreigners bought just over 55,000 objects in Turkey. Sales growth compared to the same period last year amounted to 26.9%. According to the results of the above...
Property sales to foreigners in Turkey are strong, reaching record levels Continuing its rapid growth, the Turkish real estate market experienced the best May in the history of real estate sales to foreigners across the country. Moreover, the market achieved record sales to foreign buyers in every month since the beginning of the year. Sales to foreign buyers jumped 62.5 percent to 3,925...
Going down? Real estate sales statistics in Turkey. Turkish Statistics Institute published data on real estate sales in Turkey for July 2022. Overall, over the period January - July home sales in Turkey rose by 24.2%, but in July compared to June sales declined by 12.9%. Most transactions for the purchase of real estate took place traditionally in Istanbul, Ankara and Izmir. Home sales to foreigners...
Is Turkey A Good Place To Invest In Property? Every real estate purchase is an investment regardless of your purpose when buying it in the first place. Hence, as a buyer, you would probably expect an investment return within a reasonable time. Or, you want to keep the value of the money you have spent on the property. If you are looking for a good place to invest in property, keep reading to find out the...
A New Level For The Property Market In Turkey , What Is The Metaverse? The Metaverse is the term used to describe virtual alternative worlds. Unlike our planet, what exists today is not one, but more than one metaver. However, the essence of each of them is basically the same: to provide online spaces that allow people to interact with each other in a more immersive and comprehensive way. This “new”...
