Applications in Turkey

Bodrum has long been a crown jewel for international real estate, offering a Mediterranean lifestyle that rivals the coasts of Spain, Italy, and Greece. However, a successful investment requires more than just a view of the Aegean; it requires a clear understanding of the local tax landscape. This guide breaks down everything you need to know about purchase taxes, ongoing costs, and the specific...

Short-term rentals in Turkey have become one of the most profitable real estate investment methods, offering significantly higher returns compared to long-term leasing. With the right strategy, property owners can achieve 8–12% annual rental income, especially in tourism-driven regions. However, to benefit from the full potential of this market, legal compliance and operational excellence are...

Permit Document Procedures With the law, in order to register residences rented for tourism purposes through certification, it has been made mandatory to obtain a permit document from the Ministry of Culture and Tourism (“the Ministry”) before signing a rental agreement, allowing such properties to be rented for tourism purposes for a maximum of 100 days. The Regulation specifies the details...

Are you one of Turkey lovers? And maybe you are considering of buying a property in Turkey. So we, BODRUM WHITE Real Estate give you a free buyer guide that will grant you all the details you need during buying process. Who can invest in Turkey?Foreign investment in Turkish properties has been popular for decades but it has been on the rise in recent years. There are three types of foreign property...

The last 5 months have been entered in order to obtain the Energy Identity Certificate (EKB/EPC) which is made compulsory in all buildings used as dwelling. As of January 1, 2020, non-EKB/EPC buildings will not be purchased, sold or rented according to this law. Energy Identity CertificateAccording to the Energy Performance Directive of Building No 5627, all buildings must have an Energy Identity...

Article 20 of regulation regarding implementation of “the Law for Turkish Citizenship” enacted in 2010 specifying requirements for foreigners to acquire Turkish citizenship, was amended by the presidential decree signed by President Erdogan on 19 September 2018. The decree with number 106 was published in the Official gazette and went into effect as of said date. Based on amended text, the fixed...