What is an independent parcel of property or a detached parcel of property? "Independent parcels of property play a significant role in real estate and land ownership. Important details about what an independent parcel is and whether a house can be built on this land are topics that need to be known and covered in our news." Real estate terms are concepts encountered frequently in property...
2024's Prime 4 Best Real Estate Investment Locations In the dynamic landscape of the 2024 Turkish real estate market, investors have spotlighted four cities for their burgeoning property investments Istanbul, Izmir, Muğla, and Alanya are witnessing increased attention from both local and international investors. The rise in housing prices, particularly in touristic areas like Alanya, one of the best real...
Turkish Cities Leading Global Rankings: Surprising Property Value Surges In the dynamic landscape of global real estate, certain cities have been witnessing unprecedented increases in property values. Despite the challenges posed by rising interest rates in 2023, the allure of real estate investment remains strong in popular cities worldwide. Notably, Turkey has emerged as a standout performer, with two...
Lucrative Investment for Foreign Businesses, A Haven for Foreign Investments Antalya, renowned as one of Turkey's prime holiday destinations, has evolved beyond its allure for vacationers. It has emerged as a hub for lucrative investment for foreign businesses, with a notable surge in foreign-owned businesses, especially following the Russia-Ukraine conflict. Let's delve into the details of this economic...
Featured Apartment for Sale in Kestel-2 Bedroom with Sea Views in Alanya Discover modern and spacious living in Kestel, Alanya, with this exceptional 2-bedroom apartment boasting captivating sea views. Nestled within a premium residential complex renowned for its commitment to quality and luxury, this featured apartment for sale in Kestel presents a unique opportunity for those seeking comfort in a prime...
Removal of the 25% limit on rentals in Turkey! Economist Nedim Türkmen mentioned in today's column that, in a closed-door meeting with the press, Minister of Treasury and Finance Mehmet Şimşek announced the removal of the 25% limit on rentals. Especially in major cities, housing rental prices have been rapidly rising. However, on July 1, 2022, the government implemented a 25% limit on housing rents....
Featured Apartment for Sale in Oba: A 2-Bedroom Resale Gem If you've been yearning for a residence that seamlessly combines natural beauty with urban convenience, look no further than the enchanting 2-bedroom featured apartment for sale in Oba. This residential oasis, nestled amidst the serene landscapes of Oba and Alanya, promises a harmonious lifestyle for those seeking the perfect blend of tranquility...
New Short-Term Rental Law Effective January 1st! Turkey, approved by the Turkish Parliament, will implement a groundbreaking short-term rental law on January 1, 2024, reshaping how it manages short-term accommodations and introducing regulations to streamline the process. Approaching the new year, the short-term rental law is set to take effect, marking a significant milestone in Turkish tourism...
Understanding Rental Agreements in Turkey: Do You Need to Renew Your Lease Every Year? Disagreements between landlords and tenants have been on the rise, often revolving around the terms of lease agreements. One common question that arises is whether a new lease agreement needs to be signed every year. Let's delve into the details of understanding rental agreements in Turkey and explore the implications...
Housing prices increased by 86.5%! The Turkish housing market has witnessed an unprecedented surge, with average housing prices increased by 86.5%! skyrocketing in October 2023, according to data released by the Central Bank of the Republic of Turkey (TCMB). This surge marks a significant shift in the dynamics of the real estate landscape, prompting a closer look at the factors driving this surge and its...
