Finalizing a property purchase involves several official steps, with title deed transactions being the last stage. Verifying the absence of a mortgage on the property is essential before transferring the title deed. A mortgage secures a property as collateral for an existing or future debt. If a mortgage exists on the property you're purchasing, you'll become responsible for the debt after the title deed...
Turkey now forbids foreigners from 781 neighbourhoods. On May 16, 2022, the Turkish government announced that a substantial number of new neighbourhoods around the nation would be added to the list of regions that would not allow foreigners to move there. This covers both individuals who have made Turkey their permanent home and also those who are just passing through. This restriction, which...
Because of the recent surge in rental prices in Turkey, some landlords may request tenants to vacate their houses so that they can put someone else with a higher rent rate. So, what are the tenant's rights and the landlord's obligations to the tenants? In what circumstances can the landlord order the tenant to vacate the premises? We will be looking for answers to these questions for you in this...
When you are buying a property you will come across the term Title Deed and in Turkey, they call it "TAPU" and you will hear that a lot in the process. There are different types of title deeds depending on the purpose of the property you are dealing with, and we would like to talk about them here in this article. So, what are the deed types and colors? And how many types of title deeds are...
by Sherzod Karimov
Conveniently located at a strategic point northwest of Lake Kucukcekmce in the European side of Istanbul, Bahcesehir is a small area that sits nicely within the borders of Basaksehir and therefore a part of the Basaksehir Municipality. Although we have previously covered the Basaksehir area of Istanbul, Bahcesehir is growing in popularity and has many amazing residential real estate projects...
Why retire in Turkey? Today we will give you some top reasons why you should look into retiring in Turkey. But first, we will discuss the importance of location in your retirement plans and then see the links and benefits Turkey has in respect to these points. Where you live makes a difference in how you live – and that’s especially evident during your retirement years. While in the...
Today we hope to share this ex-pat guide to choosing the right area to live in Turkey. We have listed the top 10 tips to consider before choosing the right area to buy your new home in Turkey. There are many very different areas in Turkey and they can all look and feel very different. So, how do you know which area in Turkey you should look into when considering buying a new home for yourself and your...
Taksim is located in the heart of the European side of Istanbul, to the north of the Golden Horn Bay, and to the west of the Bosphorus. During the reign of Sultan Mahmud I in the years between 1732-1733 AD, the Taksim area was created for the purpose of segregating and distributing the water, which came from the north of Istanbul, and through Taksim branched out into other parts of the city. As the...
In this video, I would like to show you how to obtain a Tax ID Number in Turkey online as a foreign national. When would you need a Tax ID Number? You will need the Tax Number in order to open a bank account in Turkey and eventually to get your Bank Card so you can start using it for your online and offline transactions and of course, if you are buying your first property in Turkey you will...
Today we thought to share some interesting facts about Turkey, hopefully, it will be informative and you can find ways to benefit from them. We thought to sneak them into some board games ;) With 783.562 square kilometres, Turkey has the largest land area in Western Europe.Turkey has a total population of 83 million people.There are 23 cities in Turkey with a population of over 1 million.Turkey is the...
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