The temperature of Turkey's property market was turned up this week as the Turkish government passed a draft bill that allows more foreigners to invest in the country's real estate. The law, which also increases the amount of real estate a foreigner can own, is expected to prompt a gold rush of buyers from the Middle East and EU, with some agents predicting that investment will double to $5 billion each year.
Do you know Tapu? If you're planning to invest in Turkish property, Colordarcy says that you should. Speaking to Property Shorooms, the investment company advises investors to become familiar with Turkey's title deed system, which is not automatically transferred to a new owner when a property is sold.
Turkey’s move to make it easier for foreign nationals to purchase land and real estate will “open up the market” according to a leading agency.
Turkey offers some excellent property investment opportunities and is one of the most popular overseas locations for Brits to buy houses. However, the buying process in Turkey is different from other countries and so it’s important that you understand how to buy property.
Unfamiliarity with the property laws and processes in Turkey has resulted in nightmare situations for foreign owners...
The United Nations expressed hope that a deal on the divided island of Cyprus is to be negotiated by the end of the year...
On the overseas property investment radar, Turkey is still an emerging signal and the temporary suspension of Title Deed Act last year gave many investors the wrong signs. However, 2009 looks set to be the year when Turkey firmly establishes itself as a strong green light on the radar...
Investment laws in the country have been amended, which could provide a real boost to the Turkish property market.
Property Rights Alliance (PRA), in conjunction with 37 global partners, yesterday released the inaugural International Property Rights Index (IPRI) at an event at the National Press Club...
With only three days to go until the launch of this year’s Homebuyer Show (2-4 March) at ExCel London, the property industry is gearing up for a weekend of superb property deals, exciting investment opportunities and invaluable knowledge gathering...
Please enter your Email address and we will send you more information: