Euro rates
  • USD/RUB76.6623
  • GBP/RUB101.3329
  • TRY/RUB1.6442
  • EUR/RUB87.4027
2315apartments on site

Turkey takes tough measures against tax evading landlords

  • 30.08.2024
  • 4211
  • 1
  • 0
Turkey takes tough measures against tax evading landlords

Investing in Turkish property to generate rental income remains attractive not only for local owners but also for foreigners. Aware of this, the Ministry of Finance is tightening measures against tax evading landlords. Over 700,000 cases of non-filing of tax returns have already been detected this year. Those who fail to file tax returns after notifying the authorities will be punished more severely, in addition to fines.

Comments
Leave comment
Read also
  • TÜİK reports an increase in sales in Turkey’s new-build housing market
    Turkey’s new-build housing market is showing signs of recovery. According to the latest data from the Turkish Statistical Institute (TÜİK), sales of new homes in the country continue to rise, despite ongoing buyer caution and high borrowing costs. In April 2026, 40,306 properties were...
    11.06.2026
  • Turkstat announced the results of Turkish property sales in July
    In Turkey, 127,088 residential properties were purchased in July 2024, an increase of 16.0% compared to the results of July 2023. The highest number of property transactions were registered in Istanbul (19,047 houses), Ankara (11,364 houses) and Antalya (6,659 houses). During the current period,...
    23.08.2024
  • Turkish property prices are set to increase
    According to experts, the growth of Turkish property prices is inevitable, as it is directly related to the rise in the price of construction materials. According to Atakan Bakulan, a member of the executive committee of the Council of Young Businessmen (TOBB), the cost of plaster in the country has...
    16.08.2024
Free consultation

Schedule a consultation with our real estate experts

Ali Pazandeh
Sales representative, Graphic designer