The Turkish government cuts investment levels for Turkish citizenship. On 19 September 2018, amendmants to the law №106 of the Turkish Republic were published in the official Journal Consistent with these reforms, foreigners, who want to obtain Turkish citizenship on the basis of purchased property in Turkey, it will be enough to invest at least […]
Turkish real estate sector launched a campaign to boost sales. Environment and Urbanization Minister Murat Kurum provided last Wednesday detailed information about a new discount campaign in the real estate sector which was highly praised by sector represantatives. According to experts the campaign will create the momentum for development of the industry and will lead […]
Excellent opportunity to invest in commercial real estate abroad – we offer you a brand new shopping centre in Okurcalar, Alanya, area where the main five-star hotels of the region are concentrated. Located on total area of 6 000 square meters, this shopping centre consists of two floors and an additional ground floor, each of […]
If you are planning to buy a property in Alanya, but have made no choice so far, Sonmez Reale Estate & Construction offers you a free property viewing tour. The tour will help you to get better acquainted with the Alanya region and the opportunities it provides. You will learn a lot about the history […]
It is quite straightforward to buy real estate in Turkey in terms of the process itself. The point buyers should be careful with is fraud schemes. You can hear now and then foreigners telling you stories of some individuals or firms acting as realtors or even someone out of the industry trying to scam innocent […]
Costs in buying real estate in Turkey When buying a property 4% conveyance tax of the declared real estate value and the state fee in the amount of 188 TL for issuing TAPU (ownership certificate) is paid. If the buyer is a foreign national, costs for obtaining permission from the military department and the costs […]
Make your investment in Turkey. According to World Investment Report 2017 (UN Conference on Trade and Development, UNCTAD), Turkey ranked second in western Asia in terms of foreign direct investment (FDI) in the economy. Some experts believe, Turkey will become in 2017-2020 one of the most dynamically developing economies in OECD. The ongoing process of […]
The number of residential properties bought by foreigners increased by 15.8% in March compared to the same month last year, the national statistical office reported. According to the Turkish Statistical Institute (TurkStat), in March, 1,877 houses were sold to foreigners, of which 556 were in Istanbul, followed by Antalya, Bursa, Yalova and Trabzon. Most of […]
Foreigners prefer coastal cities when buying properties in Turkey. According to Turkish Statistical Institute, the number of houses bought by foreigners in Turkey in the last five years reached 94 393: 29 513 units in Istanbul, 27 221 in Antalya, 5 622 in Bursa, 5 710 in Aydin and 4 357 in Yalova. The greatest […]
Mahmutlar is a higly developed area of Alanya with excellent infrastructure and location: only 8 km to the center of Alanya, 30 km to the international Airport of Gazipasa and 125 km to Antalya International Airport. The area began to expand about 15 years ago and is a modern, comfortable and pleasant part of Alanya […]