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  1. medseA

    2016 World Expo Event To Be Hosted In Turkey

    In year 2016 a target of a total of 8 million people is expected to visit Expo Antalya during a period of 6 months. In this figure, 5 million foreigners will explore Antalya Expo and of those 2 million will very likely come to Antalya just to visit Antalya Expo. In addition to this, it is...
  2. medseA

    Getting A Tax Number (Vergi Numarasi) in Turkey

    Turkey 10 years ago was a free country where nothing was recorded on the individual, no official records of income whether capitol gains or rental income. Basically you would declare an income amount of what you though would be, for the best of your interest. The results would be that you get...
  3. medseA

    Opening a bank account in Turkey

    One of the most must to have tools in our daily life is a bank account. Foreigners who come to Turkey frequently might need to have one for various basics like exchanging currency, or even for buying a house, then for paying monthly utility bills, property tax etc. The OLD required documents...
  4. medseA

    Turkish Property Mortgage Limits For Foreigners and Turkish Citizens

    Hello, Along with the increasing population that has reached to nearly 78 million, the housing sector in Turkey in parallel shows a non-stop booming. The Turkish government has set a new policy that intends to inject an extra 30 billion dollars to circulate and strengthen the economy...
  5. medseA

    How to get your Turkish electronic visa online

    Should you decide to come to Turkey to view or buy a property, you need to get a visa first to enter and stay in the country. Starting in 2013, before arrival to Turkey visitors must obtain an online Turkish Electronic Visa (or e-Visa) that replaces the famous ‘sticker visa’ here...
  6. medseA

    Foreigner home buyers get tapu transfer the same day

    Buying a property in Turkey has never been so easy. With the new foreigner housing law reforms in effect the Turkish government has turned the buying process into a simple and short process. Before when submitting your paperwork to the Tapu office, they would send out the property kadastro...
  7. medseA

    Foreigner home buyers get a residency permit in Turkey

    Good news... Turkey has approved a new law in effect where foreigners who buy a property, can now stay and live in Turkey during 12 months around. Before people who owned a property could only stay with a 3 month tourist visa that had caused several issues with buyers, wanting to use their...
  8. medseA

    Istanbul property - Beylikduzu region

    I'm with you.., Beylikduzu prices are the best compared to other areas, due to more vacant land being available.
  9. medseA

    Turkish Holiday home purchase - unsure/concerned about the current political leanings

    You will be fine in Kalkan... In any event you can safely swim to the Greek islands lol..
  10. medseA

    Developer Bankruptcy

    My advice to buyers is, never buy off plan property thinking you will make more money as an early bird. Buy something that you actually see, there are many urgent sellers too where you can get deals.
  11. medseA

    What is the best way to sell property

    Hmm.. Something smells fishy here with the agent. A power of attorney means the agent can sell your property and get the money for the sale. Is this what you want. There are loads of estate agents lined up in Mahmutlar, left and right. Visit a few of them and get an estimate or terms for...
  12. medseA

    Selling property in Turkey - are legal fees excessive?

    To maintain through the transaction safely within your legal right limits, it is important to act together with a turkish lawyer.., if you want the great results.
  13. medseA

    Selling property in Turkey - are legal fees excessive?

    According to the new turkish law amendment for foreigners, a WILL is not required anymore. If the owner of the property passed away and the owner is a foreigner --the ministry of foreign affairs contacts your country ministry of internal affairs to find the next of kin, who has 3 months time to...
  14. medseA

    Selling property without Tapu

    Hi, Have you make a success with the tapu ?
  15. medseA

    Selling jointly owned property

    Hi, If the tapu owner is you 50% and your partner 50%, you need to have both signatures during a sale at the tapu office. Unless you have a power of attorney to sell the share. Hope this helps.
  16. medseA

    Condominium Legal Status

    Hi, I read your post. If the same management has been there 10 years and you are not happy with that, you should just look for other property. Good luck.
  17. medseA

    Law relating to foreigners buying property in Turkey

    For those who have not yet heard the good news is that, in 2012 Turkey has abolished the reciprocity principle for foreigner property buyers. The lifting of the reciprocity protocol allows citizens of 189 countries to buy a property in Turkey with a passport and 4 photos. The law lift...
  18. medseA

    How does a sale works?

    Remember that in turkish real estate there are many transaction methods, to secure any type of sale. So a basic way to effect this is, (1) The buyer pays 50% advanced to the seller. (2) The seller transfers the tapu to the buyer. (3) The seller puts a 50% lean on the tapu. (4) The seller...
  19. medseA

    Foreign house buyers to earn one-year residency in Turkey

    The government extends the residence permit from three months to one year for house buyers from oversees with a law change, aiming to eliminate obstacles in front of the foreign buyers. According to a news reported in Hurriyet Daily News, Residence permits for foreigners that buy real estate...
  20. medseA

    Selling property without Tapu

    Nobody can sell a property without the tapu (name title) ownership. The buyer and seller both sign in front of the tapu official when transfering the property ownership over. The tapu is the final word for buying or selling property in Turkey.
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