June 2024 Turkey Rent Increase Rates & 25% Cap Removal Impact
Explore June 2024 rent increases in Turkey and the effects of the 25% cap removal. Essential insights for tenants and landlords.
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Expert guides and tips for moving to Turkey. Learn about the relocation process, housing, legal requirements, and settling in smoothly.
17 articles
Explore June 2024 rent increases in Turkey and the effects of the 25% cap removal. Essential insights for tenants and landlords.
Read MoreThe property's physical condition, acquisition and maintenance costs, and legality are vital to a successful real estate investment: Checklist and Realtor assistance
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Want to immerse yourself in Turkey's beauty and culture fully? Invest in real estate is one way to do it. Here are areas to consider:
Read MoreReady to purchase real estate in Turkey? From taxes to legalities, here is the comprehensive guide on buying property abroad for foreigners.
Read MoreA rent increase can be devastating, especially if you are unprepared for it or if it forces you to consider moving out. However, this does not preclude you from taking action. When you receive notice of a rent increase, you can take the following steps to verify its legitimacy. 💡As of January 1, 2019, the maximum growth rate for residential buildings is the 12-month average CPI change. Residential rent hikes between June 11, 2022 and July 1, 2023 cannot exceed 25%. Determine whether it compli
Read MoreGuide for Turkish tenants: Understand Rent Regulations and tackle unwelcome increases. Expert advice to protect your rights. 🏠
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It should come as no surprise that international buyers are eager to invest in the real estate market in Istanbul given that it is one of the most visited cities in the world and has a house price growth rate that is greater than 100 percent. In addition to being one of the major cities in Europe, Istanbul is also located in one of the most desirable locations on the planet. Its current population of 16 million accounts for around 20% of the entire population of the country, and the United Nati
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The Turkish government recently announced on its website and sent out texts to inform the public that it would be introducing a new online service that would allow foreign nationals to skip queues at government offices and instead apply online for some address registrations. In essence, the rollout allows foreigners to make address registration/change applications via e-devlet in specific circumstances. Keep reading to learn more about what this may mean to you or your family. What Has Change
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Turkey has closed 1,169 neighborhoods to foreigners seeking Turkish residence permits. The move is aimed at reducing the number of foreign nationals living in certain areas of the country.
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The minimum property value required for non-Turkish citizens to qualify for Turkish citizenship increased from $250,000 to $400,000.
Read MoreAs you may already know, if you are a foreign national and want to stay in Turkey for longer than your visa allows, then you must apply for a residence permit. There is a list of documents the Turkish government asks you to provide for your residence permit appointment with migration authorities. When applying for a residence permit for the first time, the General Directorate of Immigration used to accept a notarized rental contract or your title deed as the homeowner as proof of address. Howev
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This article provides information regarding the coverage specifics and premiums for DASK, which is Turkey's mandatory earthquake insurance.
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First Time Tenant Guide To Renting Knowing your rights and responsibilities as a tenant or landlord is crucial to avoid headaches later on. Current laws and regulations lean more in favor of the tenant, and recent amendments have made it harder for landlords to evict tenants. Most rental agreements in Turkey are carried out via real estate agents, which means you won't have to worry about drawing one up. Although the Turkish Law of Obligations doesn't mandate written contracts, you should ref
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Rent out your home property in Turkey with our comprehensive guide. Discover legal requirements and tips, and start earning passive income today!
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Renting in Turkey as a foreigner can be challenging. Know where to start, pricing, and key tips to simplify the process.
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How to Buy a Home in Turkey Buying a home overseas can be a nerve-wracking experience – especially when considering factors such as a foreign language, new laws, and a foreign property market. However, buying a home in Turkey needs not be stressful or complicated. As long as you do your research, get your documents right, and know what you are looking for. The beauty of buying a property in Turkey is that you do not even need a residence permit to purchase and are rewarded with a year's resid
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The Turkish property market is growing very rapidly. Foreign investors are one of the significant reasons of this growth. Foreign individuals are allowed to buy properties in Turkey and procedures are quite easy. A foreign individual can buy a property within one day if the property’s title deed is ready to sell. Foreigners must have following documents in addition to documents required by local citizens: * Potential tax number which is taken from tax office, * Translated copy of valid passp
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