Alanya is one of Turkey's safest cities in terms of earthquakes. It is still checking buildings to make sure they meet safety standards. Alanya is one of Turkey's safest cities in terms of earthquakes. Buildings are still being inspected to ensure they meet safety standards. These buildings will be...
According to a tax reform that is expected to be submitted to parliament soon, taxes will be increased for owners who use real estate as an investment vehicle. The details of the reform have not yet been revealed, but Hakan Akçam, president of the Ankara Professional Chamber of Estate Agents...
Finance Minister Mehmet Şimşek says that on 1 July Turkey will lift its restrictions on rent increases. Landlords could only increase rents by 25% a year. The landlords didn't like the restrictions because they didn't take inflation into account. The Minister of Finance said that there is no need to...
According to analyses by the Turkish Statistical Institute (TurkStat), 1,272 residential properties were purchased by foreigners in Turkey in April this year, a decrease of 50.3 percent compared to April 2008, when 2,557 properties were sold. The share of sales to foreign buyers in the total volume...
The new type of visa, called the technical visa, is designed for innovative start-ups and skilled professionals from all countries. The visa is valid for three years and there is an option to include family members in the application. A website for the ‘Tech Visa’ in Turkey has already...
The Alanya authorities are paying more attention to the comfort of buyers of all ages buying property in the region. A new park for families with children has opened in Oba, one of the resort town's most densely populated areas. It has lots of activities, like a ropes course, playgrounds and picnic...
In March, fewer foreign buyers purchased property in Turkey. Russians were the most active buyers for the second year in a row. In January, 1,778 properties were purchased by foreigners, the lowest number since May 2021. This accounts for 1.7% of total transactions. Istanbul, Antalya and Mersin are...
The resort city of Alanya is becoming increasingly attractive for permanent residence, thanks to the construction of new children's parks, libraries, including a unique House of Fairy Tales, and a large sports complex, impressive even on a national scale. Soon several neighbourhoods in Alanya will...
The Alanya property market is experiencing a decline in the rate of price growth due to a decrease in the number of transactions on the part of the local population. This is largely attributed to a shift in interest from real estate to bank deposits, for which the country's authorities offer high...
Minister of Tourism Mehmet Ersoy noted that the number of people wishing to stay in the country for more than 60 days is decreasing, which negatively affects the entire tourism sector. The simplification of obtaining a residence permit in the state will be facilitated by depositing funds in banks in...
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