Turkish parliament allows property sales to foreigners

Discussion in 'Turkey property' started by cece, Jul 3, 2008.

  1. cece

    cece New Member

    The New Sales Law passed from T.B.M.M. for foreigners

    The new sales law passed from T.B.M.M. for foreigners. As a new law foreigners can again buy a property in Turkey. The new law is waiting the signature of President Abdullah Gul.
    NEWS NEWS NEWS :) :) :)
     
  2. cece

    cece New Member

    I agree TH4S The new buying laws are coming in a few weeks so the potential buyers who will buy a residential property can wait for new laws.
    But for big investors I still advice to establish a company for taxations and to make buying and selling process faster.
     
  3. TH4S

    TH4S New Member

    The Turkish parliament general assembly approved late Thursday a government bill to allow the sale of property to foreigners following the annulment of a similar law by the Constitutional Court earlier this year.

    According to approved bill, foreigners and foreign companies will be able to purchase real estate up to 10 percent of areas in the zoning plan.

    Full story in the Turkey Herald online tourism new's,

    Turkish parliament allows property sales to foreigners
     
    Last edited by a moderator: Jul 4, 2008
  4. TH4S

    TH4S New Member

    The new buying laws are coming in a few weeks,..?

    Did i not say ..There will be a very important announcement made very soon,

    The Turkish parliament general assembly approved late Thursday a government bill to allow the sale of property to foreigners,

    Sometimes it is diffucult for foreign people to understand Turkish Laws, the Turkey Herald make's it easy ..:D
     
    Last edited by a moderator: Jul 4, 2008
  5. cece

    cece New Member

  6. TH4S

    TH4S New Member

  7. paul-steve

    paul-steve New Member

    President Abdullah Gul. isn't he the one they are trying to kick out, hope he signs first
     
  8. cece

    cece New Member

  9. TH4S

    TH4S New Member


    paul-steve you are corect.

    Turkey's ruling AK Party, accused of plotting to establish an Islamic state, faces a battle for survival this week in a court case that could lead to an early parliamentary election.


    Turkey's AK party faces court battle for survival
     
  10. cece

    cece New Member

    It is not something easy to do.
     
  11. paul-steve

    paul-steve New Member

    Do tell us Why?
     
  12. TH4S

    TH4S New Member

  13. cece

    cece New Member

    It is totally my view, Being a president of Turkey is equal to being powerful than many government executives. Anyway it is possible but little bit difficult. On the other hand we have a very powerful army and army has a power to take the management of the country.
     
  14. cece

    cece New Member

  15. theflipster

    theflipster New Member

    Can someone cofirm this for me - namely that the reason for Turkey's on/off banning of sales to foreigners and foreign companies (in particular) is it's worries over Greeks and/or Kurds buying up lots of land and 'sneaking in the back door', to use a phrase. I remember being told by an agent near Bodrum that there are mainland areas within gunnery range of the nearest Greek island where homes cannot be bought or built. It's just a shame that this sort of paranoia then goes on to upset real foreign buyers who just want to make money from buying and selling Turkish property!
     
  16. ams

    ams New Member

    foreigners buying in Turkey

    I have been searching for a property with a bit of land and have made some enquiries on the various sites on the internet. I am looking for somethin approx 500 to 1000 sq m.
    how easy will it be to buy this and obtain military clearance?
    providing the deeds (tapu) is correct, are there any other factors i need to consider
    all help will be greatly appreciated
     
  17. olwenjlangford

    olwenjlangford New Member

    I think the new property laws only relate to the purchase of property and land over a certain - acres even. This law was bought in to prevent foreign investors in particular Israeli's buying uppockets of land close to the Syrian border me thinks.
     
  18. andrewsmith

    andrewsmith New Member

    It is good news that it allows the property investors like us to enter into the market of property in Turkey to buy some properties.
     
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