Do your research The Turkish property market is growing day by day. There are literally 1000's of properties for sale in Turkey and 100's of real estate agents. All will tell you different things and give different advice. We believe that our strong point is our longevity in the market, our knowledge of Turkey and experience in dealing with countless property transactions. Compare agents when...
In Turkey there are three types of taxes: Income Tax Income taxes in Turkey works in a way that is very similar to the UK, USA, and various nations in Europe. This includes income tax on property. In simple terms – income tax in Turkey is progressive, meaning that the higher your income, the higher the tax rate will generally be. Income tax rates in Turkey vary from 15% up to 35% in...
In May 2012 a new law was implemented by the Turkish government which opened the Turkish property market to nationals of more than 129 different countries. Some rules still remain in place, such as that which states real estate owned by a foreign national in a Turkish town can’t exceed 10% of the town’s land area and a foreign national can’t purchase more than 300,000 sqm of land in Turkey without...
Turkey has undergone a profound economic transformation over the last decade and its economic fundamentals are quite solid. It is the 17th largest economy in the world and the 6th largest economy in Europe with a current GDP of approximately USD 820 billion in 2013. It’s geographical location, population growth and demographic advantage, the increase in income per capita, extensive urban renewal and...
Yalova is a city located in north western Turkey, near the eastern coast of the Sea of Marmara. Yalova has a city population of 100,863, while the population of the Yalova Province is 118,998. The first settlement in the region dates back to the Prehistoric Period, in around 3000 BC. The Hittites ruled the region in the 21st century BC, followed by the Phrygians in the 13th century BC. The region was...
Trabzon is a city on the Black Sea coast of north eastern Turkey and the capital of Trabzon Province. Trabzon, located on the historical Silk Road, became a melting pot of religions, languages and culture for centuries and a trade gateway to Iran in the southeast and the Caucasus to the northeast. The Venetian and Genoese merchants paid visits to Trebizond during the medieval period and sold silk, linen...
Fethiye is truly a fascinating city and has become an extremely popular holiday destination. The town of Fethiye is full of wonderful surprises and knowing about Fethiye‘s charms will certainly leave an impression. Both the popular locations and less visited locations should be explored. Here you will see beautiful villages, ancient sights, shopping, nightlife, and other neighbouring hotspots such as...
Bursa is a large city in Turkey, located in north western Anatolia, within the Marmara Region. It is the fourth most populous city in Turkey and one of the most industrialized metropolitan centres in the country. The city is also the administrative centre of Bursa Province. It was the first major and second overall capital of the Ottoman State between 1335 and 1363. The city was referred to as...
Turkey has enjoyed some ups and downs with the holiday business in recent years, but Bodrum has proved that, in tourism, form is temporary, as football pundits like to say, but class is permanent. Bodrum definitely has class. This stretch of the Turquoise Coast famously lured Mark Antony and Cleopatra. There are few major holiday resorts that can point to a history that dates back to about 1500 BC. Most...
Istanbul is truly a world city, a city which everyone should visit at least once in their lifetime. It is an enchanting blend of Eastern and Western culture, a vibrant, modern city, with a unique identity. Its rich past coexists alongside its youthful exuberance. Although no longer the capital of Turkey, Istanbul still remains the country's cultural and business center. It is a city of contrasts, bustling...