The property market in Turkey

18.04.2009

Homesoverseas.ru editorial office

251

The Turkish property market was opened to foreigners in 2002 and has been steadily gaining momentum since then. Thus, in 2006, foreigners invested more than $ 2.5 billion in real estate in the country. The Turkish government has chosen the Spanish way of developing the resort real estate market and encourages its purchase by foreigners, although there are a number of legislative restrictions for them. The purchase of agricultural land by foreigners, real estate in closed military areas, as well as the acquisition of plots of more than 2.5 hectares are prohibited. Foreign individuals and legal entities have the right to purchase real estate in Turkey subject to the principle of reciprocity, that is, provided that Turkish citizens enjoy the same right in the country that the buyer represents. In accordance with this principle, Russians have the right to acquire any real estate with the exception of undeveloped land plots.

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Ludmila Sinelnikova (Premium Property Kardelen)

The peak tourist season by a few already coming to an end, and the hot season is just starting for home sellers in the Turkish resorts. In the summer of real estate transactions are less common: the heat is not conducive to trips to the construction site, and even initially good mood visitors real estate firms in the end most of his business visit carried out on the beach. The rest of the tourists visiting the idea to buy something in Turkey, but it is at the level of abstract plans. Autumn becomes for all time, concrete steps. Really concerned selected objects from the real estate base, delegate member of the family to explore these sites and make a prepayment.

Signs of the presence of the owners have held from the former Union of Antalya can be found everywhere. Moscow flag St. George at the entrance of a three star hotel. The birches, planted by the Turkish developer in the cottage, as a nod to the guests from the middle latitudes. Finally, the application form for a residence permit, which first printed in Russian.

The object of a detailed study of the area has become the Antalya Konyaalt

4 of Oct 2010 17:11:27

Xenia Bash (Ксения Баш)

Another banned land owned forest land and nat. parks and historic sites.
And ogranicheli in% of share of foreigners and Turks, foreigners can buy in any region is neskupili 10%, then the limit, foreigners can only buy from foreigners

15th of May 2009 21:05:21