Practical advice

New rules for obtaining a residence permit in Turkey

According to the new rules, the required amount of acquired real estate at the cadastral value is set at 200,000 US dollars (at the exchange rate of November 2, 2023, this amount in Turkish lira is about 5,670,000 lira). What does this mean? When purchasing real estate, the title document...

The rise of unlicensed real estate agents in Turkey in 2022-2023.

In 2022-2023, there was a significant increase in demand for real estate in Turkey, leading to the emergence of many real estate agents without licenses. This trend carries a number of risks for potential buyers and sellers of real estate, which should be taken into account before collaborating w...