Navigating New Tax Regulations for Turkish Rental Properties Welcome to the evolving world of real estate in Turkey! A recent announcement by the Revenue Administration has sparked excitement and intrigue among homeowners, reshaping the new tax regulations for Turkish rental properties in 2024. In this blog post, we'll delve into the details of this transformative change and explore its implications for...
US Investment giants Pimco and Vanguard invest in Turkey after its return to interest rate hikes In recent months, U.S. investment giants Pimco and Vanguard have entered the Turkish market, expressing confidence in the country's economic trajectory following a series of rate hikes. This article delves into "Pimco and Vanguard invest in Turkey"- decisions and the factors contributing to their...
New Price Display Regulations Bring Changes to Dining Across Turkey As of January 1, 2024, New Price Display Regulations have come into effect across Turkey, requiring restaurants, cafes, and bakeries to prominently display price lists at their entrances and tables. Initiated by the Trade Ministry in response to mounting complaints about undisclosed charges on bills, this regulation aims to safeguard...
Discovering Tranquility: Exploring Turkey's Therapeutic Hot Springs Immersed in history and blessed with a stunning coastline, Turkey stands as a testament to the harmonious coexistence of civilizations and a fusion of diverse cultures. Beyond its delectable cuisine and breathtaking landscapes, Turkey offers a unique retreat for those seeking tranquility – Turkey's Therapeutic Hot Springs. A journey...
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...
Istanbul Airport was Awarded 'World’s Best Airport' in 2023 In a spectacular triumph, Istanbul Airport clinched five prestigious awards in the 2023 Global Traveler Tested Reader’s Survey Awards by Global Traveler, earning the title of 'World’s Best Airport.' This impressive haul includes the coveted titles of "World’s Best Airport" and "Europe's Best Airport," solidifying its position as a global...
Exploring History: Antalya Alanya Atatürk House Museum Embark on a captivating journey through time as you step into the Antalya Alanya Atatürk House Museum. This residence stands as a testament to a significant historical moment—the stay of Mustafa Kemal Atatürk during his visit to Alanya on February 18, 1935. Originally fashioned as a residence by timber merchant M. Tevfik Azakoğlu in the...
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...
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...
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