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As 2010 draws to a close, attentions are turning to the best locations to invest in property in 2011. The last year has been one of mixed fortunes with traditional second home destinations such as Spain, Italy and Greece still feeling the harsh effects of the economic downturn whilst other mostly non-Eurozone countries such as [...]
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Turkish law concerning economic competition defines an undertaking as follows: “Natural and legal persons who produce, market and sell goods or services in the market, and units that can decide independently and constitute an economic whole.” The definition of “association of undertakings” is as follows, “Any kind of associations with or without a legal personality [...]
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Kusadasi Observer News – Starting from the first decades of the 20th century, the Turkish state has established state-owned enterprises as almost no private entrepreneurs were available at the time. This state-owned industry made its own economic rules. Turkey was transformed into a new universe following the elections of 1983. In line with the principles [...]
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“Hello Berk, I have just read your article on Turkish property law — subtenant and eviction issues. I am Irish and own a house in Turkey which I use on a yearly basis as a summer holiday. I have rented this out to a Turkish girl two weeks ago. She initially needed a house for [...]
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Turkey continues to buck global trends with GDP growth rates of 12% recorded for Q1 2010, domestic banks increasing the availability of credit by up to 30% and now levels of foreign direct investment in Istanbul are up by 27% according to the Istanbul Chamber of Commerce (ITO). Turkey’s second city and economic powerhouse, Istanbul, [...]
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British people has never stop buying in Turkey and latest figure shows how property market is expanding in Turkey. Kusadasi is one of the resort that in Turkey offers holidays to many nations from all over the World. According to the latest data released by the Turkish General Directorate of Land Registry, demand for Turkish [...]
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