Tag: Property

Property acquisition by foreigners in Turkey

Property acquisition by foreigners in Turkey

| 06/05/2012 | 0 Comments

One of the biggest debates in Turkey is if foreigners should be allowed to buy property in Turkey or not and whether there should be a limitation on those interested in purchasing property here. Indeed, many foreigners have purchased property in Turkey in recent years by using special purpose companies or trusted Turkish friends. The [...]

Continue Reading

Property purchase for foreigners

Property purchase for foreigners

| 21/03/2012 | 0 Comments

Topics related to the purchasing of property are always interesting as we people love to own things. Everybody wants to have property — not just one, but as many as possible. Immovable property is usually at the top of our wish list. The desire to own real estate comes with the feeling of making a good [...]

Continue Reading

Buying property in Kusadasi Turkey

Buying property in Kusadasi Turkey

| 22/10/2010 | 0 Comments

Important checks when buying property in Turkey; property tax debts, planning consents, habitation certificates, etc. Overdue property tax debts It is crucial to find out whether the present property owner owes the tax department any Real Estate Tax. Turkish property regulations state that the incoming owner is responsible for these debts. Make sure you put [...]

Continue Reading

Competition under Turkish Law 2

Competition under Turkish Law 2

| 22/10/2010 | 0 Comments

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 [...]

Continue Reading

Turkish competition law 1

Turkish competition law 1

| 22/10/2010 | 0 Comments

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 [...]

Continue Reading

Turkish property law

Turkish property law

| 28/07/2010 | 0 Comments

“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 [...]

Continue Reading

Levels of foreign investment

Levels of foreign investment

| 28/07/2010 | 1 Comment

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, [...]

Continue Reading

32,000 Britons now owning property

32,000 Britons now owning property

| 30/06/2010 | 0 Comments

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 [...]

Continue Reading