Wednesday, January 23, 2008

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Buy: Information.

The real estate system in Turkey is based on title which is recorded on National Register property

Who can buy a property in Turkey?
First, the principle of reciprocity applies in this case. In other words, since a Turkish resident can buy a property in France, a French resident can purchase property in Turkey.

Selling a property in Turkey
taxes on the gain is only applicable Corporations in Turkey. Individuals do not pay this tax, unless they have kept the property under a year. Unlike other countries like Spain or the Canary Islands, when you sell a property in Turkey the full amount paid can be brought back to France.

property and the law in Turkey
Persons wishing to purchase a well in Turkey must be cautious against the lawyer they will choose, now or they are not aware of the Civil Code or the Companies Code.
It is better to go through a realtor who speak French and have some knowledge or contacts with legal counsel, for example.

Friday, January 18, 2008

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Investing in property in Turkey: The context


Turkey is now the 12th destination in the world, and 7th in Europe. Its excellent climate, its fascinating history and its intriguing lifestyle are its main attractions only surpassed by its abundance of beautiful beaches and coastline which is part of three quarters of the country. So if you dream of owning an apartment or a villa near the sea, emerging market real estate Turkish is exactly what you need.