Category: Property
The US Department of Commerce has identified Turkey as one of the ten most promising emerging economies, and a recent World Bank study also declared Turkey one of the ten countries most likely to enter the top tier of the world economy. The Turkish economy has shown remarkable performance with its steady growth over the [...]
“Hi, we live on a small communal area which consists of six villas, no pool but has a garden, etc. My husband manages the upkeep of the garden and any maintenance [of walls, pump, etc., and gardener fees]. Five villas pay their TL 25 per month for this but one has not paid for five [...]
What a special time for Turkey. We have just learned that the Turkish economy was the fastest growing in the world in the first six months of this year. The AK Party recently won a roaring victory for its third term, indicating political stability, and with the exception of the current account and trade deficits [...]
A key city in one of the world’s fastest growing economies, Istanbul, Turkey’s economic powerhouse, has been enjoying soaring tourism along with vast internal migration and a youth orientated demography which has propelled the city forward and boosted its property market. The Global Property Guide, an authoritative source of information on buying overseas property has [...]
Turkey’s tourism sector has exhibited a remarkable performance this year with an 11% increase in the number of tourists visiting the Eurasian nation in the first seven months of 2011 with 17,624,969 tourists visiting between January and July this year according to data from the Turkish Culture and Tourism Ministry and up to 30 million [...]
According to official data by the Land Registry Directorate’s Foreigner Affairs Unit, foreigners from a staggering 89 countries across the world have purchased approximately 111,200 estates across Turkey with some 35,249 Brits owning 24,848 properties, putting the UK on a pedestal as one of the most popular buyers of Turkish property followed by Germany and [...]
Today I would like to go to my inbox and respond to a question about property purchase and company establishment. Here is the question: “Dear Sir, I am a British citizen and would appreciate some advice on what areas in Turkey foreigners can legally purchase property or land. Previously the understanding was that foreigners can [...]
There has been a marked increase in the number of overseas buyers active in the Turkish property market which has been noted in a recent report by the Association of Real Estate Investment Companies. Between 2006 and 2008 property sales to foreign nationals stood at $ 3 billion (£1.8 billion approx). In 2009 this fell [...]
The British are becoming more adventurous as they seek the right location for their overseas property purchase”, says Suleyman Akbay, MD of Oceanwide Properties specialists in property sales along Turkey’s Mediterranean coast. “Buyers are becoming far more discerning and often moving away now from obvious holiday resorts and realising that Turkey is a very large [...]
Turks are happier now than they were five years ago according to the results of the 6th Taylor Nelson Sofres (TNS) research centre survey published recently. The Turkey Profile study, which is carried out every five years, includes participants from rural and urban Turkey across 24 provinces and the latest study reveals that Turkish society [...]
We have returned to the best time of the year, as this coming couple of weeks is erguvan season in Istanbul. I strongly recommend you take some time off after work or travel to enjoy the fantastic view of erguvan blossoms along the Bosporus. You can go sightseeing around ?stanbul to see the violet trees [...]
I own a flat in ?stanbul in an area that is central but still mainly residential. The tapu [land deed] is of the type where we own shares in the whole building rather than separate titles to our flats. Last year the owner of the shop on the ground floor of our building converted it [...]
Living in Beyoglu is nice but noisy. It has its own flavor, and not everyone feels happy about the offerings of Beyoglu. I received an email from a reader who is disturbed by the violence from a bar in Beyoglu. The letter reads as follows: “Your columns dealing with legal issues are always helpful. It [...]
When buying or selling property in Turkey, parties were able to declare a price to the land registry regardless of the actual real sales price. Most people would declare a lower price in order to pay less in transfer tax. This practice is now a thing of the past because a new regulation has been [...]
The market for buying homes in Turkey is changing” says Suleyman Akbay, Director of Oceanwide Properties a company specialising in homes along the Mediterranean resort regions. “When the British first started holidaying they went to the major resorts such as Bodrum and Dalaman which is where they subsequently bought. Now they have discovered totally different [...]
Hi, I am writing to ask for your advice on what may be a consumer rights issue. I am writing on my family’s behalf because I am here in Turkey trying to resolve it for them as my husband holds the power of attorney for my sister and brother-in-law. I have attempted to be as [...]
Avsallar is an up and coming town for tourists about 22kms away from Alanya centre, Avsallar is a rapidly growing small town with about 9.000 local inhabitants. There are many small hotels dating back a few years and some big new hotel complexes reflecting the typical tourist features of Avsallar. Certainly Avsallar will be discovered [...]
As we say in Turkish, “Mal?n var m? derdin var” (If you have property, then you’ve got a problem). Like any other investment, property investment is also subject to regulations, and an investor should consider several factors when investing. A property investment is not always a “buy and sell at a good profit” or “buy [...]
Voted Europe’s number 1 city for property by Price Waterhouse Coopers, Istanbul was one of the most active and prosperous global property markets in 2010. And with the latest official data revealing a 28.5% increase in tourist arrivals this January, all eyes remain fixed on the city where east meets west in 2011. According to [...]
“Living in Turkey, is considerably cheaper than in the UK particularly now that the austerity measures are beginning to bite”, says Suleyman Akbay, Director at Oceanwide Properties. Suleyman should know; he has offices in central London, Hampshire and Turkey so is fully aux fait with the cost of living in both countries. Continued Suleyman,” The [...]
Olive oil is one of the healthiest oils
There’s no doubt that olive oil is one of the healthiest oils in the world. It’s so helpful that it is listed in many ancient texts as a miracle worker which has helped humans get rid of medical conditions. The benefits of olive oil are endless, right from cooking to the healing of many health [...]
A doubling of new HIV infections in the UK in the past decade is leading experts to tell GPs to offer testing to all adult male patients in some areas,” reported BBC News. The news report is based on the latest data, which showed that new diagnoses of HIV acquired in the UK have nearly doubled [...]
Turkish chicken tava dish for you and all the recipes are below for you to enjoy Turkish style chicken tava dish, for every other Turkish dishes send your comments below and we will find all the recipes for you here on Alanya Observer News. Chicken Tava Print Recipe type: Courses Author: Alanya News Prep time: [...]
Turkish dishes Garden Kebab for you and we have selected one of the best dish for you and all the recipes below for you to cook and all will be ready in hour. Garden Kebab Print Recipe type: Courses Author: Alanya News Prep time: 30 mins Cook time: 1 hour Total time: 1 hour 30 [...]