Real estate in Turkey

Article Summary:
A study to monitor the most important reasons and types of investment in Turkey, real estate, tourism, industry and invest funds through profitable investment opportunities.

In 2007, the Turkish government established an investment support and promotion agency in Turkey, which launched its website in 12 languages, including Arabic, to serve as a link between Turkey and foreign investors.

What are the most important areas for investment in Turkey?

Real estate, industry, automobile industry, agriculture and food, general trade, healthcare and pharmaceuticals, automotive industry, financial services, communications and information, and many other areas.

What are the most important investment incentives in Turkey?

A promising economy is expected to become one of the fastest growing economies within the Organization for Economic Co-operation and Development (OECD) during the period 2014-2016, attracting annually about $ 15 billion in foreign investment.
The qualitative boom in the Turkish economy, with gross national product jumping from $ 230 billion in 2002 to $ 820 billion in 2013.
The world's 16th economy, sixth in Europe, with a stable economic growth averaging 5% between 2012 and 2013.
What are the most important points of industrial investment in Turkey (automotive industry)?

Turkey has increased its vehicle production from 374,000 in 2002 to more than 1125,000 units in 2013. With this performance, Turkey is ranked 16th among the world's largest automakers.
According to the Global Competitiveness Index (GMCI) for Deloitte, over the next five years, Turkey will rise from 20th place in 2013 to No. 16.
Turkey will become Germany's second largest competitive manufacturing plant in its region covering Europe, the Middle East, and Africa.
Turkey's automotive product range covers a wide range of cars, from sedans to heavy trucks.
What about agricultural and food investment in Turkey?

Turkey has an estimated 11,000 species of vegetable and fruit varieties, while the total number of plant species in Europe is 11,500 species.
Turkey is a global leader in the production of dried figs, nuts, raisins, and dried apricots.
Has the highest rate of milk and dairy products in its region.
What are the real estate investment options in Turkey?

Buying a property in a project under construction in a vital area or strategic and then sell it after the end of the project at a higher price will witness a high turnout. The most attractive for investors now is to look for apartments for sale in Istanbul and apartments for sale in Istanbul by the sea.
Investment of land for sale in Turkey with strategic sites that may be included within the planning schemes of cities or the possibility of building residential complexes on them later and then selling them later multiplier.
Real estate development: buy an old property and then renew and improve, and then sell at a higher price.
Buying a ready-made apartment in a project then lease it and ensure a fixed monthly return.
Why experts classify investing in real estate as the best investment in Turkey and in Istanbul in particular?

Because real estate investment is affected by the state economy and political stability significantly, Turkey is the first and best candidate for real estate investment in the region.
Real Estate is the largest growth and profit-making sector in the world.
Investment in real estate results in guaranteed, and far from risks.
What are the advantages of real estate investment in Turkey according to global indicators?

Prices of apartments in Turkey are constantly increasing due to foreign demand on a continuous basis.
According to the Knight Frank International Index, Turkey is part of the world's largest market for property price growth.
According to Ernst & Young. Turkey ranked second in the most attractive markets.
Several other indicators have nominated Turkish real estate markets offering the best achievements in the coming years.
The scarcity of real estate in all kinds compared to the demand in the markets.
What are the most prominent investment projects in Turkey currently?

Turkey is about to witness a 20-year reconstruction project in the most beautiful cities of Turkey, such as Istanbul, to renovate Turkey's old real estate and turn it into luxury apartments for sale in Turkey, farms and luxurious villas for sale in Turkey, It is an investment project involving about 6.5 million real estate units.

The Turkish investor will not be the only investor in this investment. The investment law in Turkey has opened the doors for investment to 183 citizens of Turkey, thus giving foreigners a successful investment opportunity to contribute to this architectural activity. A number of Arab countries, especially the Gulf States, are among the countries that allow their citizens to buy real estate in Turkey.

What are the main points that encouraged Arab cvillasapital to invest in Turkey?

Turkey's political and social stability in the Middle East.
Facilitating and guaranteeing the rights of foreigners who wish to own property in Turkey, to the point of obtaining life-long staying permits (renewed annually) in Turkey once they own a property.
Turkey’s proximity from the Arab world and the Arab Islamic character spread in all of its cities, and the Turkish ethic, not to mention the nature of the picturesque, the mountains of Trabzon green and blue Bosphorus, Bursa falls and the mild climate wonderful summer.
Statistics from the Ministry of Environment and Urban Planning indicate that there are 14,600 foreign investors in Turkey, who bought 13.5 thousand Turkish property in the last year until May 2013. At the top of the foreign investors are the Russians and the British. Kuwait and Saudi Arabia which is at the top of investors Arabs in Turkey.

The Turkish government has issued recently a law that allows submitting and getting the Turkish visa electronically as you simply apply for tourist or trade visa via the electronic visa system on (https://www.evisa.gov.tr/en/). The e-visa can be obtained via the electronic system, which started in 2013, easily within minutes through the Internet from anywhere in the world.
Currently, the developing of the necessary legislation is in progress to enhance the base of the electronic application of the visa and ensure that foreigners get visas through practical ways to be adopted in parallel meanwhile. In this context, on the 11th of April 2014, the following have been determined:
• Dutch, Norwegian, Polish, German, Arabic, and Chinese were added to the electronic visa system as well as the already existing languages namely English, French, and Spanish.
• You can pay via credit cards, bank cards, which are commonly used in addition to visa cards, and master cards.
• The necessary base, to make it possible to get visas from the offices of the airline companies, which are spread over the cities and airports to transfer passengers to Turkey, is to be developed.
• The tourist companies, which receive tourist groups, are allowed to apply for an electronic visa to the whole tourist group and may combine the individual fee for each application into one payment for the whole group.
• Foreigners, who arrived in Turkey without getting a visa, can apply for a visa through the electronic rooms to be based at the Turkish airports.
• The fees of the visas obtained electronically through the website will be cheaper than the fees of those visas obtained at the airports though. For more information about the fees of the visa, visit the following website of the Ministry of Foreign Affairs (Turkey):
Fees for E-Visa via E-Visa Application System.
In coordination with all representatives of the concerned in the public entities as well as the private sector, the necessary measures are being developed to overcome the obstacles that may appear in the transitional phase of this new application. They aim to terminate, definitively, the waiting time at the airports through putting this new application in service within the shortest time.
Residency in Turkey:
First: tourist residence permit: This requires a travel document, a document of exchange of $ 6000 US dollars into Turkish lira, health insurance, which costs 700 TL (about $ 350), and an annual rental agreement certified by the municipality.
Second: residence permit for buying a property: the foreigner who buys a property in Turkey is given a residence permit, annually renewable as long as the property is registered under his name. The family members of the property owner, (Wife and children aged under 18 years), are also given a residence permit as companions to the owner.
Through this residency, the owner of the property has the right of residence in Turkey and nothing more; he is not allowed to apply for Turkish citizenship.
Documents needed for a residence permit for those who own a property in turkey:
1. Title deed of the property (instrument).
2. Earthquakes insurance of the property.
3. Passport valid for, at least, six months.
4. Marriage contract translated to Turkish language and certified by the Turkish embassy in the home country.
5. Family register for the children translated to Turkish language and certified by the Turkish embassy in the home country.
6. Birth certificates for the children translated to Turkish language and certified by the Turkish embassy in the home country.
7. Health insurance from Turkey for each family member.
Cases that are granted Turkish citizenship:
1. 5 continuous years of legal residence in Turkey, yet this residence should not be for the purpose of the study.
2. Those who are of a Turkish origin and belong to the Ottoman origin.
3. Marring a Turkish citizen be that a male or a female for 3 years. In this case, the foreign spouse can obtain the Turkish citizenship, if s/he proves the family cohesion.
4. Businessmen, investors, artists, economists, thinkers and everyone who contributes to the development of agriculture, trade, industry, art, and sport.
Due conditions to obtain the Turkish citizenship:
1. To meet the required period of time, and continue the permanent residence in Turkey.
2. Health certificate from the Ministry of Health reports that s/he is free of contagious diseases (such as AIDS).
3. To be of a good behavior.
4. To have a job or a source of income for him/her and his/her dependents. S/He should speak the Turkish language fairly.
5. S/He must not be a threat to the national security of Turkey. S/He must not be imprisoned in Turkey for a criminal case.

A historical decision for investors in Turkey
Turkish Official Gazette published on Wednesday the decision to amend the executive regulations on the application of the Nationality Law, in several ways.
The amendment's decision included conditions for which any person who fulfills any of them will be entitled to apply for Turkish citizenship. The conditions are as follows:
• Buying a property worth 250 thousand US dollars at least instead of one million dollars in the previous decision and not sell it for three years.
• Fixed investment of not less than 500 thousand US dollars.
• Providing job opportunities for at least 50 Turkish citizens instead of 100 citizens.
• Reducing the deposit requirement in Turkish banks from 3 million US dollars to 500 thousand US dollars.
Information on the previous law to grant real estate citizenship
The Turkish government announced last year a law that allows foreign investors to apply for Turkish citizenship with different terms.
The law granting Turkish citizenship to foreign investors in return for buying a property in Turkey was issued last year and was published in the Official Gazette on 12 January 2017.
Turkey relies heavily on the real estate sector as one of the most important pillars of economic growth, which is linked to dozens of sectors directly or indirectly, and the government supports this sector to the maximum extent possible.
Turkey encourages investment in the real estate sector and offers many advantages and facilities to those who invest or buy real estate in Turkey after the property market has experienced considerable growth, especially following the change in the Foreign Ownership Act of 2012, which allowed foreigners to own property.
The law issued in this regard, which gives the right to obtain Turkish citizenship in return for buying a property is the most important advantages that show the great importance attached by Turkey to the real estate sector.
Tidings on the real estate citizenship law amendment in Turkey
There were reports last March that the Turkish government was preparing a study on the possibility of expanding the scope of beneficiaries of the citizenship application to investors to include a buyer of a property worth 300 thousand US dollars instead of one million dollars, While the decision was issued today to be a good news for investors and those wishing to own real estate in Turkey starting from 250 thousand US dollars only, In return, he gets the dream house in Turkey and the nationality of this country.

Special offices to receive applications for Turkish citizenship

According to the new amendments, which came into effect and published in the official gazette, every foreigner who meets the required conditions can apply for Turkish citizenship.
A committee of representatives from the Ministries of Interior, Treasury, Finance, Environment, Urban Development, Labor, Social and Family Services, Industry and Technology will be formed later to monitor and follow up on applicants for Turkish citizenship.
In addition, special offices will be opened to receive applications for Turkish citizenship and conduct their affairs. These offices will be subject to the supervision of the committee of these ministries.
After seeing a decline in 2016, housing sales to foreigners in Turkey recorded a 22.2 percent increase, reaching 22,234 and generating $4.6 billion in 2017, the value of house sales to foreigners in 2017 was recorded at $4.6 billion, registering a 19.4 percent increase compared to the previous year, according to a report, titled "Current Sectorial Development." Prepared by Turkey's İş Bank, the report revealed that house purchases by foreigners in 2017 saw increases each month as the interest of foreign citizens in the Turkish real estate sector grows. According to the report, the number of houses sold to foreigners in 2017 saw a 22.2 increase compared to 2016 and reached 22,234. On a city-by-city basis, Istanbul led the way with 8,183 houses in 2017 and Turkey's largest metropolis was followed by the resort city of Antalya.
The third city, which saw the highest number of housing sales to foreigners, was the southern Marmara city of Bursa with 1,474 units and another Marmara city Yalova came fourth with 1,079 housing units. Located on the Black Sea coast, Trabzon ranked fifth with 978 sales to foreigners. The Aegean city Aydın, the capital Ankara and industrial city Sakarya followed suit with 826,817 and 770 housing sales to foreigners in 2017, respectively. In another holiday resort Muğla, which harbors the world-renown Bodrum, a total of 634 houses were sold to foreigners last year and Mersin saw foreigners’ purchases 600 housing units in 2017.
Looking at the annual distribution of housing sales, figures show the increase continued from 2013 to 2015 but saw a decline in 2016.
In 2013, a total of 12,181 houses sold to foreigners and the number increased to 18,959 in 2014. The year 2015 saw the highest number of housing sales to foreigners with 22,830. In 2016, however, the housing sales to foreigners dropped to 18,189.
On a national basis, Iraqis who bought 3,805 houses in Turkey last year led the way in housing sales to foreigners in the country. The data revealed that Saudis ranked second with 3,345 housing purchases and they are followed by Kuwaitis who purchased 1,691 houses last year. Russians came fourth on the list with 1,331 houses and Afghans who purchased 1,078 houses came fifth.
Azeri citizens and British citizens bought 942 and 794 houses in Turkey last year, respectively. German citizens followed them with 772 housing units and Iranians were recorded to have purchased 792 houses in the country last year.
Faruk Akbal, chairman of Nevita International, which was established by Fuzul Group for real estate sales to foreigners, said the increase in house sales to foreigners will continue in 2018 as well.
According to a report by İş Bank, the figure foreigners paid for houses in Turkey last year soared by 19.4 percent to $4.6 billion.
"The citizenship incentive by the government as well as the value-added-tax
[VAT] exemption had an impact on the revenue increase of 20 percent we experienced last year. However, the important thing is that Turkey is increasingly becoming a shining center between Europe and Asia. Those who projected this are maintaining their investments despite all the adverse economic conditions," said Akbal.
Akbal also emphasized that while they had a turnover of TL 6.5 million ($1.7 million) in 2014, they increased this figure to TL 34 million last year. In 2017, Akbal added, they aimed to carry out sales of TL 120 million, but they actually made sales of TL 150 million. He also said they sell a house for TL 650,000 on average.
In 2017, foreigners acquired 4,000 houses more than they did the previous year.
"This is the potential I am talking about. Despite all the negativity around us, the interest of foreigners in Turkey is gradually increasing," he said.
Recalling that 12,000 houses were sold in 2013 when the reciprocity law was enacted, Akbal said the number has almost doubled following this law.

Work Permit in Turkey - Turkey Investment - Invest Turkey
The Abstract of the Essay: Our topic is about the work permit in Turkey, its importance, the mechanism of obtaining it, its renewal and the exceptions for foreign investments. This article has been accurately translated with a reference to the Turkish Labor law and articles referenced from the Turkish Ministry of Labor and Social Security.
What Does the Work Permit in Turkey Means? Why Is It Important and What Is the Mechanism of Obtaining It?
A term that means application form for obtaining a work permit by the Ministry of Labor and Social Security. The term "work permit" in Turkey indicates the establishment of a work and a license to practice a profession in Turkey.
Its importance came as a result that the resident in Turkey can obtain the Turkish citizenship after five years of continuous work and residence in Turkey and the absence of the eight-month residency condition in Turkey during the year applicable to short-term stays (tourist, property, etc.). In this article, we will talk about the mechanism of obtaining the work permit and the things it grants to those who hold it.
General Details:
All papers must be submitted through the Ministry of Labor via the electronic portal if the person is in Turkey, but if the application was from outside Turkey, necessary papers should be given to the Turkish embassy or consulate in the country of the applicant or the country where he resides in official residence or to appoint a legal consultant to follow them from Turkey and to apply what is necessary to the Ministry of Labor.
Under the Act No. 4817, every person who does not hold Turkish citizenship must obtain a work permit in Turkey in order to be able to work formally.
The Ministry of Labor will consider the application for obtaining a work permit in Turkey they consider for the foreigners’ residence, skills and educational attainment of the foreigner and, more importantly, the status of the employer and the company in which he wishes to work. Under the law, the employer and the foreigner who wishes to obtain the work permit must cover all required specifications to obtain permission.
First: The Application for a Work Permit Will Be as the Following:
• Special evaluation from the specialized authority for the job position and how is it going to benefit the general economy.
• The absence of a Turkish citizen with the same qualification as the employed foreign worker.
• Geographical and economic factors and targeted employment sector.
• The foreigner’s specialization and the qualifications he holds.
• Developments and productivity in the business life of the company.
• Applicant’s country for permission.
• The position of the company in the business sector.
• The educational level of the foreigner.
• The security situation of the foreigner.

Second: The Ministry's Criteria for Accepting the Work Permit Applications:
Under the Law No. 4817, Article 13, the following two items should be available:
1. Five Turkish citizens will be employed at the company for every foreign employee, noting that this requirement is postponed in the first six months if the applicant is a partner in the company, and five Turkish citizens for each foreigner will be required later.
2. The paid-up capital must not be less than 100 thousand Turkish liras, regardless of the total value (noting that a quarter of the capital can be paid only at the time of establishment, therefore the capital must be 400 thousand Turkish liras in this case or the entire capital of 100 liras Turkish should be payed), net sales should not be less than 800,000 TL / year, or the value of exports in the last year should not be less than 250 thousand dollars/year.
3. The foreign partner’s share shall not be less than %20 of the capital’s value, i.e. not less than 40,000 TL.
4. The monthly salary which must be paid to the foreign worker according to his position and according to the minimum wage at the time is as follows:
• High-rank manager, pilot, the first request for civil engineer and architect 6.5 times the minimum.
• Sector’ Director, architect, and civil engineer 4 times the minimum.
• The specialist and experienced worker, teachers, psychotherapists, physiotherapist, massage worker, musician, actor, circus or similar 3 times the minimum.
• Home maids minimum wage, while those not mentioned above as corporate employees 1.5 times the minimum wage.
• The minimum wage is set annually by the Ministry of Labor and the minimum wage for 2016 is 1,300 Turkish liras.
Third: Exceptions Related to Work Permit:
1. Article (1) and (2) shall not be considered if the foreigner applying for the work permit will be employed in foreign airlines or in the field of education or domestic services under article 2 of the Law related in associations and endowments work.
2. In the case of the foreign worker’s arrival under agreements between Turkish and foreign institutions in the form of tenders or the like, it will not require the implementation of items 1 and 2.
3. In the case of the foreign expert arrival or specialist in advanced technology and in the absence of a Turkish alternative to him, it will not require the implementation of items 1 and 2.
4. For the entertainment or tourism workplaces, if 10 Turkish citizens are included and a specialist foreigner is required to work in the same place of employment, the employer will not be required to hire five Turks for each foreign worker.
Fourth: Documents Required to Obtain the Work Permit in Turkey:
1. The application statement for the work permit addressing the Ministry of Labor and Social Security.
2. Four copies of the 3-page foreign worker registration form, plus a recent personal photograph, noting that the copies must be signed by a watermark signed by the employer.
3. Official Commercial Register paper that shows the latest data for the partners and the capital share.
4. Arbitrage of the company's official business for the last year issued by the tax authority or certified by a sworn financial consultant.
5. The salary scale showing the salaries of the Turkish employees and their rank in the company.
6. A tourist residence permit of not less than six months if the application is within Turkey, excluding student residence permit where students are allowed to work 24 hours per week according to the new 2015 law.
7. Equivalising the civil engineering, architectural or planning certificate if the certificate from is from outside Turkey.
8. Marriage document if the applicant is married to a Turkish citizen.
9. Certified translation of certificates of the work’s applicant.
10. Certified translation of the passport.
11. C.V
Documents Required from the Employer When Applying for Renewal:
Statement or letter of Request for the renewal of the Work Permit (The letter must be printed by a scanner and submitted as part of the online application, and a hard copy signed by the employer).
Application form for foreign employees (The form must be printed online and a printed copy must be submitted to the Ministry by the employer and the foreigner, the contract of work to be signed between both parties should be submitted in the absence signed a form. The application will not be considered if there is no form or contract of employment.)
The official gazette of the Commercial Registry in Turkey, detailing the securities portfolio and the capital structure of the concerned side in the case of modification since the initial submission (scan document must be scanned and submitted during online application).
A document proving that the employer does not have payable tax liabilities (the Ministry of Labor and Social Security can access the information from the records of the Ministry of Finance).
The Social Security Institution confirms the registration number of the foreigner mentioned in the application form and the related information of the employer and if the employer fulfills his obligations towards the social security of the foreigner (the Ministry of Labor and Social Security can access the information in the social security institution).
The documented procuration of the person authorized to submit the application online as a user on behalf of the concerned side or institution for the employment, or the document that proves the employment of the user in the requesting side or organization (the document must be scanned and submitted on the Internet).

The owners for Property in Turkey are required to pay certain fees and taxes on time, and property tax is one of these taxes. The real property tax is paid by the real owner of the property or the beneficiary of the property. In the absence of these individuals, the property tax is paid by the owner of the right to dispose of the property.
The real estate tax is imposed on properties located within the Turkish border and is taken by calculating the tax rate from the prevailing price of the property and is paid to the concerned parties at certain times of the year. Each year, the tax calendar determines the dates of payment of taxes for that year. According to the tax assessment issued in 2016, the dates of payment of property tax in this year is as follows:
• First Installment: Starts from the beginning of March and lasts till the end of the official working day on May 31st, which is on Tuesday.
• Second installment: starting from the beginning of September and continuing to the end of the official working day of the 30th of October, which is on Sunday.
The real estate tax is paid by paying the municipality that the property is located within its administrative borders. If the property to be paid is located outside the city and the municipality concerned does not operate the electronic system, the tax can be paid by a money transfer through the Ptt. Provided that the number of the real estate taxpayer is stated.
Many foreign investors wonder whether they are subject to the real estate tax law or not. It can be said that foreign investors who own property rights in Turkey are subject to the laws that landlords are subject to in Turkey, so they are subject to the real property tax that is subject to realtors in Turkey.
However, according to the Turkish Real Estate Tax Law, buildings and real estate belonging to foreign countries or representatives of international organizations in Turkey are exempted from real estate taxes, which are used as an embassy, consulate, international institution or the like (subject to reciprocity).
Exemption of buyers for new properties from the property tax for 5 years:
According to the Property Tax Law No. 1319, the real estate tax is paid for every property located within the Turkish borders. There are also exemptions that include taxpayers. While some individuals are exempt from paying taxes in full, some are exempted from individuals for the payment of a specified portion of the tax and for a specified period of time. Individuals who are exempt from paying a specific part of the tax for a specified period are buyers of the newly built real estate. Anyone purchasing a residential unit within a newly constructed building is exempt from paying a specific part of the real estate tax about the housing unit concerned 5 years from the date of acquisition. This exemption is called "temporary exemption", where the tax is deducted from 25% of the taxable value of the property concerned. The property tax is calculated as 75% of the remaining value subject to real property tax.
For example, to say that Mr. Ahmed bought a housing unit on 2015.01.01, from a building, which was completed on 124.01.01, and the taxable value of the housing unit is 200.000 lira. In this case, Mr. Ahmed benefits from the "temporary exemption" A specific portion of the tax during the period 2016-2020, where 50.000 lira of taxable value of the property is deducted, and the property tax is calculated for the remaining 150.000 lira only.

How and when was the announcement of real estate ownership law for foreigners in Turkey?
The Turkish government has made significant amendments to the Turkish Real Estate Law regarding the conditions that must be met by foreign individuals wishing to own real estate in Turkey by approving the law number 6302 on 05.05.2012, where they lifted some restrictions on the ownership of foreigners. And provided some facilities in the conditions to be met by foreign individuals wishing to own real estate in Turkey, with restrictions imposed on citizens of some neighboring countries of Turkey.
The law of property ownership in Turkey does apply the principle of reciprocity
With this law, Turkey has given the right of property ownership to citizens of 183 countries without being subject to reciprocity. The most important reason for issuing this law, which opened the way for foreign investors to own real estate in Turkey, is to increase the desire of investors to invest in the real estate sector. The most important part of this law is canceling the reciprocity conditions for foreign investors. Thus, individuals from foreign countries are able to buy a property in Turkey, although Turks are not allowed to own the property in those countries to which those individuals belong. The principle of reciprocity is the rights and privileges granted by one State to the nationals of the other State, and the same privileges and rights are accorded to the nationals of those States.
Restrictions included in amendments to the law of real estate ownership in Turkey
This law imposes some restrictions on areas that can be owned by foreign individuals. According to the law, the total of what foreign individuals own must not exceed 10% of the area space, and the total space of land that can be owned by one person throughout Turkey should not exceed 30 ha Acres, The right to raise this area to 60 hectares is given to the cabinet, moreover, before this law, spaces that can be owned by the individual did not exceed 2.5 hectares across the county.
In addition, the amendments to the Ownership Law in Turkey have linked areas that can be classified as military zones with the approval of the army chief of staff and the leaders they represent, as well as with land that can be classified as special security zones, Where it is linked to the approval of the state (province) where the property is located.
What about foreign companies established outside Turkey?
According to Article 35 of the Turkish Real Estate Law, foreign commercial companies, which have the status of legal entities and are incorporated according to the laws of their country, can own real estate in Turkey under special legal provisions (Tourism Marketing Law No. 2634, Industrial Areas Law No. 4737, Oil Law No. 6326), And other business companies established outside the country cannot own real estate in Turkey.
Turkish companies with foreign capital
According to article 36 of the law, if the company established in Turkey is foreign capital, and individuals are foreigners, foreign legal entity or international corporation owns 50% or more of the capital of this company or has the right to appoint and dismiss the majority of the company's board of directors, thus, The Company's right to own real estate is limited enough to cover the Company's activities contained in the Company's contract.
Empty lands
According to Article 35 of the Real Estate ownership Law, foreign individuals or foreign companies established in accordance with the laws of their country are obliged to submit the projects that will be developed on the vacant, non-built lands and that were purchased by the concerned ministries within two years from the date of purchase. According to Circular No. 1734 of the Ministry of Environment and Urban Civilization, in the case of approvals for projects that will be developed on empty lands that are not built to the Department of Real Estate Department, it is necessary to inform the registration data in the following form (the project was approved by the Ministry, date, day etc.)
If the approved projects are not reported or not completed within two years, the local administrative units of the Ministry of Finance will contact the Real Estate Department regarding the liquidation of the property, where this shall be two years after the date of acquisition.
Foreigners wishing to invest or purchase property in Turkey are required to take into account the following matters:
• Finding out if they can get the right to own real estate or limited rights in kind.
• Transfer of ownership of property in accordance with the laws and legislation in force in Turkey.
• The total area of property purchased in all Turkey should not exceed 30 hectares.
• Getting to know if the properties they want to buy fall within a security or military zone or areas that are not allowed to sell, because properties located in the security zones may not be sold to foreigners.
• Visiting the real estate department and getting sufficient information regarding the property in question, such as whether the landlord has the right to dispose of the property or that the property in question is mortgaged or subject to any other action to prevent its sale.
• Not to sign contracts that have the legal characteristics and not to pay any amount as the price of the property, before getting sufficient information of the property concerned from the directorates of real estate records.
• The sale and purchase transaction shall not begin before the search and investigation of the persons or companies selling the property, and in the case of lack of trust or seriousness with the seller, it is not advisable to deal with.
• If there is any difference in the buying and selling process, the matter must be referred to the court where the proceedings are held in the Turkish courts. The Turkish Ministry of Foreign Affairs or any foreign representative cannot interfere in the conduct of the case.
General procedures adopted by the directorates of the real estate department in accordance with Circular No. 1734 of the Ministry of Environment and urbanization in regard to the ownership of foreign property and property limited rights
• Examining the terms of ownership in terms of the nationality of the (applicant).
• Investigating the property in question whether the property is located within a prohibited military zone or military security zone or in strategic locations.
• Take the undertakings mentioned in the previous circular regarding the determination of 30 hectares of ownership.
According to the circular issued by the Ministry of Environment and Urbanization, properties obtained in violation of Article 35 of the Real Estate Law or properties that are used in a manner contrary to the purposes of the acquisition will be subject to liquidation.
List of special conditions and restrictions on foreign ownership of real estate in Turkey by country
There is no explicit list of countries whose citizens can own real estate in Turkey because the laws and decrees section of the Presidency of the Council of Ministers have kept this list in their archives and not shown to the public opinion, but the information contained in the classifications listed below has been collected from the press and do not have any legal status.
According to the results of research and press studies carried out in this regard, it can be said that the number of countries that can freely own property in Turkey rose to 129 countries, while the number of countries that imposed on their members some conditions and restrictions and approvals are 52 countries.
Countries whose citizens are entitled to own property in Turkey without any conditions
Saudi Arabia, Kuwait, UAE, Qatar, Yemen, Oman, Sudan, Germany, America, Argentina, Azerbaijan, Bangladesh, Barbados, Belarus, Belgium, Benin, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi, Djibouti, Chad, Jake, Finland, France, South Africa, South Sudan, Georgia, Netherlands, Honduras, Britain, Iceland, Jamaica, Japan, Kazakhstan, Kyrgyzstan, Republic of Korea, South Africa, Sweden, Switzerland, Kosovo, Costa Rica, Luxembourg, Madagascar, Macedonia, Malawi, Malaysia, Mali, Norway, Panama, Suriname, Turkmenistan, Uganda, Venezuela and New Zealand.
Countries whose citizens are entitled to own only one home in Turkey
China, Denmark, Fiji, the so-called State of Israel (Occupied Palestine), Malta
Countries whose citizens are entitled to own real estate in Turkey after the approval of the Ministry of the Interior
Australia, Austria, Bahamas, Bahrain, Algeria, India, Pakistan
Countries whose citizens have the right to own a land, a dwelling, a place of work only
Morocco, Hungary, Marshall Islands, Egypt, Micronesia, Vietnam
Countries whose citizens are entitled to own real estate in Turkey but under special conditions
Country State requirement
Iran Shall not be among persons prohibited by the United Nations, approval by the Ministry of the Interior,
a land of construction, a dwelling, a workplace only
Russia Not be within the Black Sea coast, approval from the Ministry of the Interior
Ukraine Shall not be within the Black Sea coast, approval from the Ministry of the Interior,
an urban land, a dwelling, a workplace only
Greece Land, workplace, provided that it is not within the border and coastal cities
Albania A dwelling and a workplace only
Jordan Two homes and one workplace
Iraq Approval from the Ministry of Foreign Affairs and Interior, land of construction, dwelling, workplace only
Tunisia The approval of the Ministry of the Interior, the land of the building, the dwelling, the workplace only
Northern Cyprus Granted the same rights as the Turks

The real estate sector in Turkey has witnessed a major transformation in the field of attracting investment opportunities for investors. While the US and European real estate markets are negatively impacted by the economic crisis and the global financial crisis, Turkish real estate markets are witnessing a strong recovery. It is also noted that while real estate markets throughout Europe are experiencing a significant drop in demand and a decline in real estate prices, Turkish real estate markets are witnessing a big rise in demand, where we notice an increase in the sale of housing units according to statistics published by the Turkish Statistical Institute, in some periods about %20 have risen compared to similar periods of the past years. This shows that the Turkey real estate sector has high and exceptional growth potential.
The Turkish real estate sector offers great investment opportunities for those wishing to invest in it, thanks to the housing factors which are witnessing a positive growth with the country's growing economy. As the increase in industrial and commercial activities in many parts of the country contributed to the increase in demand for workplaces and housing units significantly.

What are the strength and weakness points of the Turkish real estate sector?
Strength Points:
Sound banking system.
The mortgage system has been newly applied.
The presence of excellent construction companies that are worldly famous.
Weakness Points:
The lack of suitable land and their high prices, especially in Istanbul city.
Rise in the number of old properties that are not suitable for the mortgage system.

What are the expected opportunities in the Turkish real estate sector?

• The demolition of illegal buildings and the constructing new buildings of high quality in the context of efforts to rebuild the structure of the city through the real estate development.
• Growth susceptibility associated with the increasing demand and low supply of housing units.
• Increasing the quality of the property according to the laws of seismic management.
• The increasing need for housing and workplaces.

Brief information about the real estate taxes in Turkey:

Corporations Tax: imposed on the profits obtained from real estate transactions and rental income with a ratio of %20. This includes capital gains.
Income Tax: Individuals who earn income from rental property are charged with paying income tax gradually rising from %15 to %35.
VAT Tax: between %1, %8 and %18 depending on the type of products or services provided, imposed on the residential properties of less than 150 square meters with %1 and on the rest of the property with %18.
Real Estate Registration Fees: These fees are paid at the time of the sale and purchase of the property, and are imposed on the two parties (seller and buyer) by %1.5.
Real Estate Tax: According to the percentages determined in 2016, real estate tax is charged with %0.1 on the residential buildings, %0.2 on other buildings (factories, offices, etc.), %0.1 on land and %0.3 on the real estate. These percentages will be redoubled if the property is located within the boundaries of the city center.

Do you know the power of the Turkish passport?
Which countries are allowed to be entered without a visa?
What are the benefits of obtaining Turkish citizenship?
In this article, we review the Turkish passport rank worldwide, the countries that allow the holder of the Turkish passport to travel to it, the benefits of obtaining Turkish citizenship, and the steps to apply for Turkish citizenship in return for real estate investment.
The Power of the Turkish passport
In 2018, the Turkish passport is ranked 39th globally, recording 114 points on the travel without Visaindex, allowing the holder to enter more than 72 countries without getting a visa in advance, Turkish nationals can also enter more than 42 countries with an entry visa issued immediately upon arrival, and more than 7 countries give the Turkish passport holder an online visa.
Countries to which the Turkish passport holder is allowed entry
The Turkish passport allows its holder to enter more than 72 countries without requiring a visa in advance, including:
Qatar, Tunisia, Jordan, Iraq, Morocco, Japan, South Korea, Malaysia, Singapore, Hong Kong, Indonesia, Brazil, Argentina, Belarus, Bosnia and Herzegovina, Brunei Darussalam, Chile, Colombia, Ecuador, El Salvador, Georgia, Paraguay, Serbia, South Africa, Thailand, Northern Cyprus, Ukraine and Uruguay.
The Turkish passport holder can also enter more than 42 countries on an immediate visa issued on arrival, the most important of which are: Kuwait, Bahrain, Lebanon, and most African countries.
He can also enter more than 7 countries under an online visa, including Australia and Oman.
Many of the countries that require a visa grant it on easy conditions to the Turkish nationality holder
It is expected that if Turkey joins the European Union, within the framework of the negotiations and international agreements between Turkey and the European Union, to grant the Turkish citizen major facilities to obtain a Schengen visa entitles him to enter the many European countries, These negotiations could result in the granting of the right to enter Europe without a visa for the Turkish passport holder in the future.
The following is a complete list of countries in the world and the status of the visa application from the Turkish passport holder in 2018:
Bolivia visa-free / 90 days
Bosnia and Herzegovina visa-free
Botswana visa-free
Brazil visa-free
Brunei visa-free
Bulgaria visa required
Burkina Faso visa required
Burundi visa required
Cambodia visa on arrival / eVisa / 30 days
Cameroon visa required
Canada visa required
Cape Verde visa on arrival
Central African Republic visa required
Chad visa required
Chile visa-free
China visa required
Colombia visa-free
Comoros visa on arrival
Congo visa required
Congo (Dem. Rep.) visa required
Costa Rica visa-free / 90 days
Cote d'Ivoire (Ivory Coast) pre-enrollment
Croatia visa required
Cuba tourist card
Cyprus visa required
Czechia visa required
Denmark visa required
Djibouti eVisa
Dominica visa-free
The Dominican Republic visa-free
Ecuador visa-free / 90 days
Egypt visa required
El Salvador visa-free
Equatorial Guinea visa required
Eritrea visa required
Estonia visa required
Ethiopia eVisa
Fiji visa-free
Finland visa required
France visa required
Gabon visa on arrival / eVisa / 90 days
Gambia visa-free
Georgia visa-free
Germany visa required
Ghana visa required
Greece visa required
Grenada visa required
Guatemala visa-free
Guinea visa required
Guinea-Bissau visa on arrival / eVisa
Guyana visa required
Haiti visa-free / 90 days
Honduras visa-free
Hong Kong visa-free
Hungary visa required
Iceland visa required
India visa required
Indonesia visa-free
Iran visa-free / 90 days
Iraq visa-free
Ireland visa required
Israel visa required
Italy visa required
Jamaica visa-free
Japan visa-free
Jordan visa-free
Kazakhstan visa-free
Kenya eVisa / 90 days
Kiribati visa required
Kosovo visa-free
Kuwait visa on arrival / eVisa / 90 days
Kyrgyzstan visa-free
Laos visa required
Latvia visa required
Lebanon visa on arrival
Lesotho eVisa
Liberia visa required
Libya visa on arrival
Liechtenstein visa required
Lithuania visa required
Luxembourg visa required
Macao visa-free
Macedonia visa-free / 90 days
Madagascar visa on arrival
Malawi visa required
Malaysia visa-free / 90 days
Maldives visa on arrival
Mali visa required
Malta visa required
Marshall Islands visa on arrival / 90 days
Mauritania visa on arrival
Mauritius visa-free
Mexico eTA
Micronesia visa-free
Moldova visa-free
Monaco visa required
Mongolia visa-free / 30 days
Montenegro visa-free
Morocco visa-free
Mozambique visa on arrival
Myanmar [Burma] eVisa / 28 days
Namibia visa required
Nauru visa required
Nepal visa on arrival
Netherlands visa required
New Zealand visa required
Nicaragua visa-free
Niger visa required
Nigeria visa required
North Korea visa required
Norway visa required
Oman eVisa / 30 days
Pakistan visa required
Palau visa on arrival
Palestinian Territories visa-free
Panama visa-free
Papua New Guinea visa required
Paraguay visa-free
Peru visa-free
Philippines visa-free
Poland visa required
Portugal visa required
Qatar visa-free / 90 days
Romania visa required
Russian Federation visa required
Rwanda visa on arrival / eVisa / 30 days
Saint Kitts and Nevis visa-free / 90 days
Saint Lucia visa-free
Samoa visa on arrival
San Marino visa required
Sao Tome and Principe visa-free
Saudi Arabia visa required
Senegal visa-free
Serbia visa-free / 90 days
Seychelles tourist registration
Sierra Leone visa required
Singapore visa-free
Slovakia visa required
Slovenia visa required
Solomon Islands visa required
Somalia visa on arrival / 30 days
South Africa visa-free
South Korea visa-free
South Sudan visa required
Spain visa required
Sri Lanka eTA
St. Vincent and the Grenadines visa-free
Sudan visa on arrival
Suriname tourist card / 90 days
Swaziland visa-free
Sweden visa required
Switzerland visa required
Syria visa required
Taiwan visa on arrival
Tajikistan visa on arrival / eVisa
Tanzania visa on arrival
Thailand visa-free
Timor-Leste visa on arrival
Togo visa on arrival
Tonga visa on arrival
Trinidad and Tobago visa-free
Tunisia visa-free
Northern Cyprus (Turkish Republic of Northern Cyprus) visa-free
Turkmenistan visa required
Tuvalu visa on arrival
Uganda visa on arrival / eVisa
Ukraine visa-free / 90 days
United Arab Emirates visa required
United Kingdom visa required
United States of America visa required
Uruguay visa-free
Uzbekistan visa-free / 30 days
Vanuatu visa-free
Vatican City visa required
Venezuela visa-free
Viet Nam visa required
Yemen visa required
Zambia visa on arrival / eVisa / 90 days
Zimbabwe visa on arrival

The benefit of obtaining Turkish citizenship

But a question may be asked: What is the benefit of obtaining the Turkish citizenship? What distinguishes it from other nationalities? Here we can answer the following:

Turkey is a modern country, witnessing unprecedented growth in infrastructure projects, attracting foreign investment, including the support of the real estate sector, attracting foreign capital to it, as well as the development of the industrial, commercial and agricultural sectors, and the https://turkey.imtilak.net/en/news/turkish-exports-continue-grow, as well as its prominent international position at the regional and international levels.

Turkey's future aspirations are based on promoting technological transformation in various aspects of government and life, government and private sector institutions adopt more open and flexible policies and facilitate the provision of services through multiple channels, the most important of which are secure Internet sites and mobile applications, which have become the easiest way to connect and request government and commercial services to all segments of society.

The Turkish government Strategic plans are based on strengthening the economy and providing it with new sources of income that guarantee stability and sustainable development in the long term. This was reflected in the new Turkish government's program, which was announced at the beginning of the Second reign of the Turkish Republic.
Continuing work on major projects, some of which are nearing completion, such as Istanbul's Third Airport, the Istanbul Canal, and the new metro networks, clearly indicate that the country's renaissance is a constant wheel that refuses to stop or even slow down.
Turkey's location in the heart of the world between Asia and Europe has given it a unique strategic importance, making it a bridge to meet diverse civilizations and cultures, and a very important trade route between East and West, land, sea and air...
Istanbul, the capital of the Islamic world, the sister of the Levant, Cairo, and Kairouan, the cradle of glory and authentic Ottoman civilization, with its customs, traditions, mosques and eastern streets, stand side by side with the modern European character of today's major commercial and industrial city.
As for nature and climate, they are indescribable. The other cities and towns of Turkey are characterized by a natural beauty, between greenery, streams of water, beaches and meadows, in mild weather and most of the months of the year.
Turkish people are nice are friendly, they love guests and visitors. They have historical ties with different people of the region and the world, Arabs, Persians, Kurds, and Europeans, and have opened wide arms to embrace all the oppressed over the last few years in particular, and its history of advocacy, fraternity and integration is long...

Turkey is a nation has its weight at the international level, its voice is audible, its role is present, and its effectiveness and love for work and production are witnessed by all people, so they are welcomed throughout the world, from Germany to Morocco. Wherever the Turkish product or its owner goes it will be welcomed.
In the near future, Turkey will be the hub of the link between Asia with its Far East and Near East and its ancient civilizations, with Europe and the modern Western world. The Turkish citizen will remain a cherished citizen in all countries of the world, opening doors for his products and exports. All of these characteristics will enable the Turks to live comfortably in Turkey and to visit most parts of the world with ease and comfort.
Turkish citizenship has become a dream for many, and the Turkish passport has become a source of pride and belonging to a nation that is present in reality, history, and the future. The recent amendments to the Law to grant Turkish nationality have opened a legitimate door to achieve this security and facilitated the conditions of investment In Turkey for citizenship.
How can Turkish citizenship be obtained?
According to the decision to grant Turkish citizenship to investors for the year 2018, it became possible to obtain Turkish citizenship in a return for a real estate investment of only $ 250 thousand, where the decision determined to buy a property worth at least $ 250 thousand, and not sell it for three years, instead of a million dollars in the previous decision. Under the ownership of the property, the owner has the right to apply for Turkish citizenship. In the following exclusive video, we offer you the steps to get Turkish citizenship through buying a property worth $ 250 thousand, presented by Mr. Abdullah Al-Hammad CEO if Imtilak Real Estate:
We at Imtilak Real Estate can offer real estate advice and recommendations to buy the right property for your requirements, according to the budget and the best real estate projects with government guarantee, so you can contact us directly, to see our options, and assist you in all procedures of ownership and then apply for Turkish citizenship, and most of our services are free!

Buyukcekmece is considered one of the most important and modern areas of Greater Istanbul, comprising 39 districts managed by its own municipalities. it is located in the European part of Istanbul and is located parallel to the coast of the Sea of Marmara, allowing it to play a significant role in the development of Istanbul in general, because of its relatively large area compared to other areas, and adjacent to the areas of Beylikduzu and Silvary.
Facilities and infrastructure in Buyukcekmece
The area has a television broadcasting station, the world's third-largest broadcasting station. It also hosts the largest exhibition city in Turkey like the city of Toyab for exhibitions, as well as several large shopping malls, gymnasiums and water cities throughout the area.
Events of Buyukcekmece
Buyukcekmece organizes one of the largest cultural and artistic events in the region in July of every year, like the festival of culture and arts that take place on July 1-7 of each year. This festival is the third largest festival in the world in terms of size and number of visitors, where at least 35 thousand people participate in this huge event annually.
Places of Interest in Buyukcekmece
Buyukcekmece has many attractions such as the Sultan Sulaiman al-Qanuni Bridge, Khan Kurchonlu, Sokollo Mohammed Pasha Mosque and The path of Sultan Suleiman the Magnificent.
Educational institutions in Buyukcekmece
The area has a total of 265 schools, comprising 2282 classrooms, serving more than 52,000 students and employing about 2225 teachers. It has three institutes, adjacent to 3 institutes, one university, in addition to many branches for two universities.
Medical facilities in Buyukcekmece
There are more than 240 health facilities, which are distributed among public hospitals, university hospitals, inclusive clinics, medical clinics, In addition to private hospitals, where the area is one of the healthy areas, and reached the advanced levels in Turkey and Europe alike, in terms of medical facilities.
Transportation in Buyukcekmece
In terms of transportation, the area can be reached by sea, land, and air, which can be reached by sea vessels coming from many of the ports in Istanbul, as well as mass transit vehicles operated by the public transport company in the Greater Istanbul Municipality, The area is within easy reach of Istanbul's Ataturk International Airport, and there is also a private airport near the area 10 km away for those wishing to travel by private small aircraft.
Nature in Buyukcekmece
Buyukcekmece includes a large park called Tabacik camlik, which is frequented by visitors from the area as well as visitors from all 39 districts of Istanbul and even other Turkish cities.
In terms of the coast sides, there are three coasts in Buyukcekmece, both the coast of Mimar Sinan, the coast of Buyukcekmece and the Patros coast.
Edited by: Imtilak Real Estate©
Source: Buyukcekmece Municipality, Turkish Ministry of Health, Turkish Ministry of Education and other sources.
** If you are looking for apartments for sale in Buyukcekmece, please visit the best and most prestigious residential projects from Imtilak Real Estate in the area.

Property seekers and real estate investors often ask for inheritance law in Turkey, which many find troubling:
What are the procedures of inheritance and related laws in Turkey?
How will the property of the deceased be handled and who will get them? And what is its future?
Can the government acquire the foreign investor's property after his death?
Are there inheritance taxes? Does the Turkish citizen differ from a foreigner in the tax’s value?
And other questions of interest to every investor about the legacy of real estate in Turkey, we review the information, facts, and laws related to this article, to serve as a comprehensive guide includes answers to the most pressing questions about inheritance law and inheritance tax in Turkey.
Inheritance of property in Turkey
The inheritance law in Turkey includes foreigners, and a foreign can bequeath his property to his heirs according to the law governing it.
Law of real estate inheritance in Turkey
The issue of inheritance is a fundamental legal concern for investors. It is considered one of the most important things that an investor needs to gather enough information about before investing in any foreign country and ensures the ability to preserve immovable property in order to preserve his property.
In Turkey, the state clearly describes all aspects of inheritance law, inheritance tax, and property transfer, because of the many legal aspects, different situations, and sometimes exceptional circumstances.
The principle followed in Turkish inheritance laws:
At first it must be known that the principle governing the laws of Turkish inheritance is the "location of the property", that is, what regulates the mechanism of legal dealing with the property is its location, the Turkish law is applicable when dealing with ownership of a property located within the territory of the Turkish Republic, including real estate and immovable property.
In addition, what foreign investors must know when buying a property in Turkey is that the movable property is subject to the laws of inheritance in the country the deceased hold its citizenship, while Turkish law is followed in respect of real estate and immovable property.
Who are the immediate heirs of real estate in Turkey?
In the absence of an officially certified will, the legal heirs of immovable property in Turkey are determined in the following serial order:
• The first heirs of the deceased person are the children and the husband or wife who get a specific share.
• If the deceased person does not have children, his family will be his heirs (father and mother).
• In the absence of children and parents, the spouse/wife shares the inheritance with the grandfather of the deceased or his brother.
• If the deceased person does not have relatives alive, the entire property goes to the husband or wife.
• In the absence of any heirs, all the deceased’s properties will go to the Turkish government.
The deceased’s properties shall be distributed to the previous categories after the discharge of the inheritance, if any, the debts of the deceased are paid to banks, installments, or any mortgage.
According to Turkish law, half of the property will be for the wife and the other half for the children equally, as the male and female quotas are equal. This leads investors to question whether their country’s inheritance laws can be followed, which is permitted, provided that it is applied to all heirs.
Papers required for transferring the property to heirs in Turkey
The following papers must be submitted to each of the heirs in order for the properties to be transferred:
1. The family statement “inheritance inventory “shows heirs and kinship, certified and translated to the Turkish language.
2. Registration in the tax register in Turkey and obtaining tax numbers.
3. Valid passport.
4. Providing personal photos.
Are there taxes on inheritance and properties’ transference?
Foreigners are subject to inheritance and transfer tax if the funds inherited or transferred within the borders of the Republic of Turkey; also whether the heir is living in or outside Turkey, in the event of receiving funds through inheritance or free transfer.
In comparison with other EU countries, the value of inheritance tax in Turkey is relatively low and varies depending on the value of the investor's property, where a lower tax rate is deducted whenever the property price falls.
The inheritance tax rate varies from 1% to 30%, depending on the residence status of the heir and location of the property.
Thus, when foreigners’ properties are subject to Turkish law, it will inevitably be subject to inheritance and transfer tax. The tax is divided into two types of properties. Each property has a different ratio. There are properties that can be transferred to the owner at no charge through prizes or gifts or donation and so on, including what was obtained through inheritance.
The tax rates mentioned in Article 16 of Law No. 7338 have been determined by increasing the rate of re-evaluation provided. Accordingly, inheritance and transfer taxes imposed on the value of the property (tax brackets) are calculated in transfers through inheritance, or through free transfer (donation, prizes, etc.)
Applying taxes on foreigners in Turkey:
Turkey's tax system is applied to both Turks and foreigners, according to the senior adviser of the Investment Promotion and Support Agency of the Turkish Prime Minister Dr. Mustafa Kukso Pointing out that the citizens of all countries are treated as Turkish citizens for tax equally and there is no difference between the foreign nationals and Turks.
When should the Turkish inheritance tax be paid?
Under Turkish law, the inheritance tax should be paid within a maximum period of 3 years and is to be paid in May and November each year.
Can you write a will in Turkey?
As in many countries of the world, anyone in Turkey can write a will explaining for whom he/she wishes to leave the properties after death, and the competent courts will consider the will of the person after his death.
The Turkish Civil Code clarifies how to deal with the will: for foreigners, the will must be prepared in accordance with Turkish law in this regard, to be a legally recognized will.
The conditions provided for in Turkish law on the writing of the will, the person should be over the age of fifteen and to have full mental strength.
The will must also be written in the handwriting of the owner, and the date must be mentioned in detail in the day, month, and year, also must be accompanied by his signature. The person concerned must submit the will either to the court or to the clerk of justice, signed before two witnesses so that the proceedings proceed properly.
In this regard, the Court of Peace or the Court of First Instance shall hear cases relating to inheritance. Each case may require different time, depending on the complexity of the case and the functioning of the Court itself.
Can one of the heirs be prohibited from getting his inheritance?
One of the heirs may be prohibited from obtaining his share of the estate in special cases, but the person concerned must explain why he or she is doing so before the court when he wishes to withhold the inheritance from a legal heir, and the person deprived of the inheritance cannot sue the person concerned.
In the end, after all the contents of the inheritance system in Turkey and inheritance and transfer tax have been clarified, you can be assured of the safety of laws and procedures related to the purchase of your next property in Turkey in a reliable and safe manner, and to ensure the future fate of your investment.

The KDV Tax: is a tax imposed at different rates of expenditure, in accordance with the Value-Added Tax Or KDV Law No. 3065 of 1984, although the companies are the ones that pay this tax in accordance with the sales profits they achieve, this tax is deducted from the final goods’ consumers this Means that this tax is ultimately deducted from the individual who consumes the goods. This tax is applied in almost all countries of the world and is imposed in Turkey according to the necessity of the goods consumed by %3, %8 and %18.
Computation of the KDV Tax
The KDV tax is calculated by deducting the tax rates from the selling price of the product. Therefore, the tax is increased according to the high prices of the products’ sales from the producer until it reaches the consumer.
Listed and calculated KDV Tax
The simplest way to calculate the KDV tax is to multiply (the price of the product x 1 + the tax rate) For example, assuming a product price of 1000 lira and the tax rate is %18, the calculation is as follows: 1000x (1 + 0.18) = 1000x 1.18 = 1180 lira the price of the Product after listing the tax (after deduction of tax).
For calculating KDV Tax not listed, it is enough to replace the multiplication process with division by dividing the price of the product by (1 + tax rate) e.g. by imposing the price of the product after deducting the tax of 1180 lira and the tax rate is %18, the calculation is as follows: 1180 / (1 + 0.18) = 1180 / 1.18 = 1000 lira the Product price before listing the tax (before deduction of tax).
Differences in Rounding Numbers in the KDV Tax Calculation
In the calculations, the first two places are used that follows the comma in the decimal numbers, and the reason for this is that the third in decimal numbers do not have a class or unit parallel to the Turkish currency, and rounding the third number that follows the comma as follows:
• If the number mentioned is bigger than 5 it will rise to the top such as 5,586 becomes 5,59.
• If the number mentioned is smaller than 5, it will be dragged down as 5,583 becomes 5,58.
• If the number 5 is close to the nearest number such as 5,585 becomes 5,58 because 8 is an even number. In this rule, zero is calculated as an even number. Rounding processes do not exceed the impact of calculations on one penny, which is a must to know the accounting.
KDV Tax Rate According to the Products
As mentioned above, there are three percentages of KDV tax imposed on products, namely %1, %8 and %18, which are divided by the following products:
• Products with %1 Deduction
Imposed on wheat and their derivatives that are considered basic consumables materials, as well as residential units that do not exceed an area of 150 square meters.
• Products with %8 Deduction
Also, imposed on basic consumer materials which that do not fall within the luxury goods, such as meat and its derivatives, milk and derivatives, eggs, legumes, honey, jam, syrup, candy, some animals, and other products and services.
• Products with %18 Deduction
Imposed on products that are not considered essential consumer goods with certain exceptions, such as communications products, furniture, electrical appliances, some animals, some spices and other products and services.
To access the full product list, please visit the following link:
http://www.ivdb.gov.tr/pratik/oranlar/yirmibes.htm

Sultan Murat Yaylası is one of the most beautiful attractions for tourists from all over the world. Where the most beautiful landscapes and called the Sultan Murad because of the tomb of Sultan Murad.
Sultan Murad Heights
Sultan Murad Heights is located southwest of Trabzon, in western Turkey. It is about 75 km away from Trabzon and 35 km from Uzungol Lake. It is located on the highest mountain slopes in the region and prayed with his army the Friday prayer, therefore, it was called Yayla Sultan Murad. The Sultan Murad Heights can be reached from Uzungol via the coastal road and before the Uzungul road, 2 km from Chaikra, the road is paved with asphalt at its beginning but will be narrow in its end. Despite all this, you will be amazed by the stunning natural views.
The picturesque beauty of Sultan Murad Heights
Sultan Murad Heights embracing the clouds, imagine yourself sitting in a beautiful place, watching the clouds around you like you are in heaven! Feels great, ain’t it? Not only that, snow covers the place throughout the winter to separate a white coat like the bride's dress between the lawns. In the summer and spring, the green plain in the lawns and the mountains. The clouds that occupy their place among the mountains and meadows have a striking appearance like white gazelles.
The sights in Sultan Murad Heights vary as you progress and all are very beautiful, while the terrain changes as you climb up, and you have to take the appropriate clothes for the weather and umbrella. The area there may be rain at any time and therefore take precautions. However, the rain there is nice and refreshing as it is a light spray that gives the viewer more beauty.
Sultan Mourad Heights is green foothills that do not contain trees. The fog is often thick. It is located in the foothills of the village of Sultan Murad. You can see it in the evening and the clouds beneath it are walking like rivers, a landscape you cannot imagine when you see it. Yes, you will not believe the reality of this place is like places fictional movies, green carpet all on the extension of your sight and clouds Asflk and around you. Sultan Murad Heights is one of the most beautiful tourist attractions in Trabzon.
Customs and traditions in the village of Sultan Murad
Sultan Murad Village is a small village with beautiful houses and a large hotel Taşkın Hotel is famous in the region, and the village is famous for its activities and celebrations where the people of other villages in the region to celebrate religious holidays and national shopping bazaars are also established, so if you visit Sultan Murad Heights on holidays, you will see the celebrations and the people combined in the foothills of the mountains and green meadows and children playing here and there and happiness on the faces of everyone, all the villagers there are good, in short the scenes there will give you a new look and distinctive and you will be happy.
The importance of tourism in Sultan Murad Heights
The Sultan Murad Heights are important for tourism and are intended for many tourists from around the world, especially the Arabs, because of its spectacular views. It is an important destination for them when they visit Trabzon, and with the hotel in the village of Sultan Murad has helped more tourism to spend more time in the highlands. So some tourists intend to hotels in the city of Trabzon and then they visited the areas they want to have. Some of whom bought apartments in Trabzon to visit whenever they wanted to, because of the many landmarks in the city of Trabzon, such as the monastery Sumila and Uzungol Lake, and other tourist areas has led to the advent of For many tourists to visit all these monuments, including Sultan Murad Heights, therefore the demand for real estate in Turkey has become high in recent years. We recommend that you visit these landmarks and wish you a pleasant trip.

When somebody says investment the first thing you get in mind is the real estate investment (residential units), in spite of the fact that real estate investments are the most profitable and least vulnerable to the risk of loss, but there are other investments that can achieve the same revenues rather than real estate investments, and on the top of this investments are:
Firstly, Students’ lodging: the most thing students in Turkey suffers from is the problem of shelter, since students’ lodging in the country is insufficient to meet their needs, so the investment in students’ lodging is one of the very profitable investments.
Secondly, Offices and Commercial Units: Investment in offices and commercial units’ sector is one of the most profitable investment compared to other investments. The profits that can be achieved from the investment in this sector match the profits that are achieved from the investment in the residential units, and the high revenues that come from the renting of offices and commercial units have made them one of the most likely investments in the recent period.
Thirdly, Yachts Rental: Turkey’s coasts have received considerable interest from foreign and local tourists, and the numbers of tourists who are interested in yacht rental to spend holidays are growing day by day. Consequently, yachts rental is considered one of the profitable projects if they have implemented the lease operations well.
Fourthly and Finally, Garages for Cars Parking: With the increasing number of cars the need for parking lots has increased, especially this need has become an issue in the areas where commercial units are spread, so the investors who have started investing in this field are gaining big profits.

Turkey is known for its hospitality and geopolitical location, which has made it an important center for attracting local and foreign investors in various sectors, especially the tourism sector and the real estate sector, which has attracted great interest from investors. The beauty of its nature, Asia and Europe, with a high percentage of the youth population, was one of the main reasons that led investors to prefer Turkey to invest, especially the values that characterize Turkey, which made it the focus of interest of foreign investors in general, and turned it into a country open to investors and foreign capital.
Each investor before investing in a place asks why he has invested in this place, so we have identified 10 important reasons that could serve as an answer to investors interested in investing in Turkey, whether for local investors or foreign investors.
Improved and developed economy:
Turkey has entered a new millennium with an almost collapsed economy, but since 2002 the country's economy has begun to improve rapidly. During this period, GDP, the country's most important measure, jumped from 231 billion dollars to 820 billion dollars. Which witnessed steady growth between 2002 and 2015, recorded a 5.1% annualized increase in GDP. According to the Organization for Economic Co-operation and Development (OECD), Turkey is expected to be among the fastest growing economies in 2012-2017, according to IMF data In 2013, Turkey became the sixth largest economy in Europe and 16 globally, attracting more than $ 135 billion in international capital (foreign investment) over the past 10 years. During this period, exports increased by more than 245%.
The high percentage of young population:
When investing in a place requires the presence of qualified youth and skilled manpower, Turkey's young population is very large compared to European countries. Turkey is the most populous country in Europe and more than half 30, which means that any investor who opens a project in Turkey will not suffer from the problem of employment and labor.
Competent and competitive labor:
According to the statistics of the Turkish Statistical Institute, Turkey has 29 million young people, including skilled and qualified workers. About 200 universities annually graduate 600,000 young people and about 700,000 graduates from secondary schools, institutes, and vocational schools. Those qualified for work, creating a competitive environment that drives workers towards creativity and mastery of work.
Investing in a Renewable and Liberal Economy:
It is known that in many countries there are barriers to identifying foreign investments, but Turkey, a member of the Organization for Economic Co-operation and Development (OECD), has begun to raise such obstacles to foreign investors starting in 1997. Today Turkey reached a stage where a company is established every 6 days, and the State deals with all investors to equality, creating a competitive environment between them. According to the Ministry of Economy, there are more than 37.000 companies with foreign capital in Turkey. Turkey also provides the possibility of reviewing international courts and tribunals to solve the intractable problems facing foreign investors. It also increased Turkey's appeal to foreign investors.
Infrastructure:
One of the main reasons for foreign investors to invest somewhere is to provide the necessary infrastructure for investment and to reduce the cost of transportation. If we look at the basic infrastructure, such as transport, communications, energy, and technical infrastructure, Turkey has seen a boom this has made Turkey a center for attracting foreign investors. The briefing of three seafarers in Turkey has provided them with very cheap maritime transport, in addition to its connection with Central and Eastern Europe with a network of railways.
Central Location:
Turkey's central location linking Asia and Europe has historically made it a natural bridge connecting the two continents. Turkey has, through its location, embraced many commercial routes linking the East and the West. Today, Turkey enjoys a sensitive strategic location to reach more than 1.5 billion people in each Asia, Europe and Africa, and it is the most reliable transit point in trade relations.
Europe's largest power plant and terminal:
Turkey plays an active role in the energy transfer between Asia and Europe. It contributes to the transfer of energy from east to west and the transfer of funds from the west to the east. On the other hand, 70% of the world's energy sources are spread in Turkey and surrounding countries is an important center for the transfer of energy to Europe, which is one of the most important stations of energy consumption in the world.
Low taxes and stimulus potential:
In order to encourage investors to invest in Turkey, the institutional profit tax applicable to foreign investors has been reduced by 33% to 20%. In some cases, foreigners are exempt from this tax in whole or in part. Investors are also encouraged in some areas allocated by the State such as land allocation and other incentive policies.
Membership in the European Customs Union:
The European Customs Union, which aims to increase economic activities and offers. Turkey has been a member of this customs union since 1996, and there are 20 free trade agreements between the parties to this union. These trade relations are increasing day by day through the signing of new agreements.
Large indoor markets:
According to data from the Turkish Statistical Institute, from 2002 to date, the number of Internet users has increased from 100,000 to 33 million, the number of mobile users from 23 million to 70 million, the number of borrowers from 16 million to 58 million, In addition, the number of mobile users has increased from 33 million to 131 million. The number of foreign tourists coming to Turkey from 13 million to 40 million tourists annually shows that Turkey has a large domestic market.
These ten factors are important reasons for investors to invest in Turkey, in addition to these reasons there are many advantages and characteristics that characterize Turkey, which turned it into an important center of attracting domestic and foreign investors in general, especially in recent years, we note that Turkey aims to raise foreign investments coming to it, through the issuance of several laws and the adoption of public policies and the establishment of multiple agreements, which will stimulate foreign investors to go to invest in Turkey. These motivational policies of Turkey have been fruitful in a short period of time. Today, they are among the most attractive countries for foreign investments among the countries of the world.

In response to numerous requests from our valued customers, and in order to show a transparent image of the real estate sector and the construction sector in Turkey, Imtilak Real Estate exclusively provides an accurate translation of the government guarantee document issued by the Governmental Emlak Konut company, contains a detailed explanation of the procedures for verification, audit and government inspection technically and legally, on all real estate projects being built under the supervision of the Turkish government, during all stages of sale and construction and before and after them, and that’s to Ensure the well-being of customers and guaranteeing their rights to the fullest extent.

Get to know about trust and safety with Emlak Konut

Reviews, inspections and pre-sales audits

1. Emlak Konut shall provide controlled procedures for the development of real estate projects in accordance with the relevant laws and regulations, The Company shall not approve the supervision of housing projects without ensuring the implementation of laws and legislative regulations related to the construction of residential projects.
2. Emlak Konut shall focus on the human lifestyle, where it sets the priority and basic standards to provide comfort and enjoyment for the population, it aims to make people live according to the highest level of quality and progress.
3. Emlak Konut shall not agree that any project will be sold or that the project apartments will be offered for sales only after all the required residential and construction permits have been completed, and obtaining all approvals that endorse and agree on the possibility of building and construction.
4. Emlak Konut shall check all data and information before submitting it to customers and buyers, and also shall check catalogs, pre-sale promotional publications, commercials, newspaper ads, model and sample apartments, their designs, and all materials, their suitability to the project objectively.
5. Emlak Konut shall prepare all contracts, procedures, and price quotes to sales systems, pricing, and all that is required before selling, In addition, they shall not start selling independent units, or independent projects without the approval and endorsement of the Capital Authority, and shall bring their experts to check the project before it starts, they shall also work according to reports and feasibility studies. Reviews, inspections, and audits in the sales phase
6. Emlak Konut shall sign all sales contracts in the presence of an official notary, all documents, papers must be attached from plans and papers, floor and apartment plans, and total apartment spaces gross and net, a copy of the title deed, certificates of approval and ratification from the municipality, and all required documents relating to the apartments signed by the municipality, and on this basis you avoid any gaps or observations that may occur after the sale process, thereby avoiding any mistakes.
7. Emlak Konut accepts all payments, accounts and the bonds payments to its own account, i.e. the account of Emlak Konut GYO, for payment of contractors' amounts and expenses, they shall be paid in payments, in accordance with the assurance of the work of contractors and the construction progress. As construction progresses, the company shall pay back and forth to the contractors.

After the construction is completed by 100%, the initial ownership titles will be issued, and rights and titles will be handed over to their owners.

After the complex is built and constructed, the quality of the construction shall be verified and check again after one year of housing.

After the quality and continuity of the construction are verified and progressed well, and ensuring there are no problems or lack in construction, the company can, in this case, pay the contractor all the remaining dues, However, in the event of any shortage or modifications that are to be completed by the Contractor, he shall first implement them as agreed with the Company and make such modifications and alterations as necessary until delivery.

Reviews, inspections, and audits in the construction phase
In all its projects after the completion of the contract, Emlak Konut guarantee and provide specialized architects, civil engineers, mechanical engineers, electrical engineers, map engineers, landscaping engineers, On-site verification and research, ensuring the safety and suitability of the construction site, and ensuring the establishment of a workers' oversight office to carry out the following audits and reviews:
1. Emlak Konut – doesn’t allow in any way to start constructing and building without the approval of architectural, structural, mechanical, social services, green spaces, etc. Emlak Konut shall also verify and ensuring the construction, all materials, and equipment used in the construction process, their correctness and suitability in the constructions, it brings in a credible audit firm that provides specialized experts to verify the quality of materials used in construction. If the materials are found to be unsuitable for construction, Emlak Konut shall not make any payments or fees to the Contractor, before altering and modifying the specific materials that are to be used in construction.

1. All projects and buildings carried out by Emlak Konut shall be implemented and built as 5-D designs, So that they are resistant to severe earthquakes, and the company shall request the dynamic analyzes in case of severe earthquakes. After obtaining these reports and analyzes, they will be presented to technical universities in the project area, then they shall be submitted for testing, so if their quality and accuracy are verified, Emlak Konut approves the construction.
2. Prior to construction, Emlak Konut shall request geological reports relating to the Earth's structure from the relevant official authorities. Emlak Konut will not accept any project if the ground floor is not suitable for construction.
3. After the drilling is carried out prior to construction, Emlak Konut shall conduct further tests on land and soil, based on the validity of the tests and their suitability for construction, the Company shall issue the necessary permission to complete the construction.
4. Emlak Konut shall test all samples of the reinforced concrete, all iron samples, and construction materials and takes them to multiple laboratories, and conducting the necessary tests before approving their use in construction. The company also shall conduct tests on a sample of each iron quantity that is poured for use in construction. All materials and supplies that will be used in construction are must be tested according to quality standards and construction standards, and accordingly, approval or non-approval will be granted and granting the required permission to carry out the construction process.
5. The company shall perform the necessary tests on all materials and supplies that will be used in construction to ensure their quality. In the event of any problems or defects in these materials, they will appear while conducting the tests, and therefore the company will avoid the use of materials and supplies containing technical problems. Insulation, plumbing, wind, air, etc. tests are also shall be carried out on used materials. Reviews, inspections, and audits in the delivery stage and after delivery
6. Upon receipt, Emlak Konut shall check the quality of the construction and the materials used again prior to delivery, it shall check and verify every part of construction and building, and ensure that it is completed as it should have been in accordance with project requirements and project plan.
7. After officials confirm that the project is fully ready, the apartments will be handed over to customers and buyers.
8. The Company shall issue the initial title deed, the final title deed, the housing permit and all the documents required by the Notary in accordance with the date specified in the contract.
9. The Company shall make deal with the Contractor and appoint an Interim Administration for the Residential Complex until the permanent management staff has been appointed, and that’s to meet the requirements, needs, and security of the residents. Emlak Konut shall accept the responsible officer, whose work will continue for two years until the main management is in charge.
10. Even after housing, complaints that can be received from the residents will be evaluated.
11. After the project is housed for one year, a team of experts will come back to review the project and confirm the final approval of the project.

Turkey Investment - Turkish Economy - Turkey Property Market
Introduction: The Turkish economy is characterized by embracing general competitive rules, with the private sector assuming a leadership position. The role of the public sector is limited to regulatory actions, the application of free liberal foreign trade policy, free circulation of funds and services between individuals and institutions without any obstacles.
How the constructive economic reformations in Turkey did has taken place in the recent years?
• Important reformations in many important sectors, such as the financial markets sector, the agricultural sector, the social protection sector, and the energy and transport sectors. Thanks to these reforms, the infrastructure of economic institutions have been strengthened.
• Taking actions to strengthen Turkey's economy and enable it to withstand the economic downturns in the world markets by establishing semi-autonomous institutions in the sector.
• Many bureaucratic obstacles have been removed and some have been reduced to a minimum.
• Regulating financial markets in line with the concept of the new era.
• Accelerating privatization processes, as the public finances were regulated.
What is the position of the Turkish economy globally?
Turkey Real Estate
• Turkey is an active member of the G20, which represent the world's most powerful economies.
• The Turkish economy is the 18th largest economy in the world.
• The Turkish economy ranks seventh among the largest economies in Europe
How did the Turkish economy respond to the global economic crisis in 2008?
During the period in which many economies of the world had witnessed a stagnation, due to the global economic crisis in 2008, the Turkish economy had also experienced stagnation and decline in 2009. However, it returned to growth of 9.2% in 2010 and 8.5% in 2011, Average GDP growth between the years 2002-2014 was 4.9%, while the average GDP growth between 2010-2014 was 5.4%, and in this range GDP per capita in 2014 had increased to 10% Thousand and $ 404, after it did not exceed 3 thousand and 492 dollars in 2002.
Foreign Trade: Turkey has pursued an economic policy focusing on the development of foreign trade since the beginning of the eighties of the last century, and through the economic reforms carried out:
• Removing import’s restrictions
• Reducing the protection policy
• Giving freedom to circulate transactions in hard currency.
• The volume of trade and its external structure has also undergone a major transformation in the recent period, as a result of the economic reforms implemented.
Turkey's foreign trade volume reached 351 billion dollars in 2015, exports amounted to 144 billion dollars and the volume of imports reached 207 billion dollars. Turkey aims to raise the volume of exports in 2023, which coincides with the 100th anniversary of the establishment of the Turkish republic to 500 billion dollars.
Foreign investments: Turkey's successful economic performance and its young people, the provision of skilled labor and the free economic environment, its advanced infrastructure, its strategic geographical position, low taxes and incentive policies, its extensive internal markets and the customs union with the EU provide foreign investors with unparalleled investment opportunities.
How did Turkey become an important economic site full of investment opportunities during the last ten years?
• Arranging and amending laws that grant foreign investors the same rights and duties granted to Turkish investors.
• Taking action to improve the tax system, adopt successful privatization policies and programs.
• The safe environment for foreign investors is available, such as that available to Turkish investors.
• Establishing an appropriate legal infrastructure for foreign investments in the country.
• Removing the bureaucratic restrictions and obstacles that slow the investment process.
All of this has made Turkey one of the most important and attractive investment centers in the world. Since the end of 2015, more than 46,000 foreign capital companies have been operating in Turkey, 916 foreign companies have representative offices in Turkey as the total Direct foreign investments in Turkey during the first ten months of 2015 has reached more than $ 165 billion.
The unique and unrivalled feature of Turkey's trade and direct foreign investment is its position as an open gateway to Europe, the Middle East, North Africa and Central Asia, where Istanbul can be reached from more than 50 countries within four hours by air, about a quarter of the world's markets can be contacted in the same period.
Real Estate Istanbul
Privatization is the top priority of the governmental programs in Turkey:
The main objective of the privatization process is to limit the role of the state in the health sector, basic education, social protection, national defense and large infrastructure investments. These objectives are in line with Turkey's goal of establishing a free market economy that depends mainly on the private sector.
Turkey is one of the first countries among the EEC countries to complete the policy of privatization and obtaining high revenues. The total of the revenues of privatization between 1986 and 2003 was about $ 8 billion, this amount between 2004 - 2015 to $ 58 billion, bringing the total of the proceeds of privatization $ 66 billion.
Houses for Sale in Turkey
What are the achievements of the construction sector in the Turkish economy?
Between 1972 and 2015, the construction sector in Turkey was able to complete 8693 constructive projects in 107 countries with a total value of $ 322.6 billion. Construction revenues in 2015 were about $ 19.6 billion. One of the most important indicators showing the success of the Turkish construction sector at the global level is the entry of 42 Turkish construction companies on the list of the top 250 construction companies in the world in 2015, and the number of Turkish companies in the same list for 2004 does not exceed 11 companies.
Tourism sector: Turkey is rich in historical and geographical wealth, not only a center for coastal tourism but also an important center for health, cultural, religious, sports and conference tourism. It has a strong infrastructure for these types of tourism, furthermore, it is among the top 10 tourist countries in the world. Foreigners who visited Turkey in 2015 more were than 36 million tourists, and tourism imports amounted to about 31 billion dollars in the same year.
Fiscal policy: Turkey's fiscal policy plays an important role in achieving macroeconomic balance and controlling inflation over the last 10 years. The inflation that has engulfed Turkish governments during the last three decades of the last century has been reduced to a one-digit number at the beginning of the year 2000, the CPI was also achieved by 8.17% in 2014 and 8.81% in 2015.
Reserve: Turkey's international reserves in cash continue to increase over the past 10 years. Turkey's central bank reserves in January 2016 amounted to about $ 111 billion.
It's a great opportunity to invest in Turkey & Invest in Istanbul and learns how to buy property in Turkey for buying property in Turkey for foreigners and other.

Real Estate Istanbul - Property Istanbul - Istanbul Investment
Metro lines are considered the easiest means of transportation in the city of Istanbul, just like the way it is in the other mega-cities in the world. However, Istanbul is experiencing a great interest in expanding the metro line networks, on both the European and the Asian sides of the city. These metro lines play a key role in the evaluation of the areas they pass through, raising up the prices of the real estate’s significantly.
Today, there are a lot of metro line projects under construction, and observers expect them to contribute, in a great deal, to raise the value of the areas they are going to serve, especially after the completion of construction and entering service.
The most important of these lines are:

• First: Mahmoud Bey - Esenyurt Metro Line: It will be held in the European side of the city, serving the following districts: Bağcılar - Küçükçekmece - Avcılar - Başakşehir - Esenyurt. This metro line is planned to share Istanbul metro line in Mecidiyekoy station, and it is expected to enter service within three years, the thing that will highly contribute to raising the value of properties in the areas it passes through.
• Second: Başakşehir - Kayaşehir Metro Line: This metro line will be held also in the European side of Istanbul, passing through: MetroKent - Onurkent - Sağlık Kent - Kayaşehir center. This metro line will consist of four stations, 6 kilometers route length, and will start service in two years. Property experts expect this metro line to contribute to raising the real estate value of Başakşehir and Kayaşehir districts.
• Third: Bağcılar - Küçükçekmece Metro Line: It will be held in the European side of the city, consisting of 9 stations with 9 kilometers route length. Passing through Halkalı district will gain this metro line an exceptional importance as this area is classified among the emerging real estate areas in the city. This metro line is planned to be completed in three years, and it is expected to increase the real estate value of Bağcılar and Küçükçekmece districts. In the Asian side of the Turkish capital, many metro lines are under construction, including:
• First: Çekmeköy - Sultanbeyli Metro Line: Which is one of the longest metro lines by route length on the Asian side, providing non-stop transportation between Üsküdar and Sultanbeyli. This metro line is 17 kilometers route length and will contribute to raising the real estate value of many areas of the Asian side of Istanbul city, including Çekmeköy, Üsküdar, Sancaktepe, and Sultanbeyli districts.
• Second: Ümraniye – Göztepe Metro Line: This metro line will be of 13 kilometers route length consisting of 11 stations, and it will play an important role in raising the real estate value of Ümraniye, Göztepe, Ataşehir districts. Ataşehir, anyway, is one of the most important areas in the Asian side of Istanbul in terms of the spread of modern real estate projects in it, and having the metro line passing through will, no doubt, increase the real estate value in the area.

There are points in the lease that require attention during the signing of the lease contract:
Signature: Before signing the contract, the tenant must look at the records and verify the identity of the property and its original owner, and then sign the contract from the landlord or his official agent under a statutory agency certified by the notary public.
ID card Information: All owner information such as name, nickname and national number (T.C) must be provided, in addition to providing information about the address of the landlord and tenant if any.
Lease duration and finance: Detailed written information indicating the method of payment, due date, and the bank account number to be deposited must be provided, the return (rent) must be assigned a number and written.
Accrued dues: There are provisions in the contract that undertake not to transfer any old debts and dues accrued to the previous tenant, to the new tenant such as water and electricity bills.
The address data is correct: The address and location of the house registered in the contract must be carefully scrutinized and verified in the contract and to verify whether it is true or not. Any difference in address may be a reason for the rejection of official transactions or cause of a delay.
In case of disputes: The contract should contain detailed information about the court to be invoked in the event of a dispute between the parties.
Terms of insurance: In the event that the landlord asks the tenant to pay for the house insurance, he must mention it in the contract and signed by both parties (the landlord and the tenant). He must also mention cases where the right to claim the amount is canceled.
Requesting an increase: The contract must contain detailed information about the owner's request for an increase, the rate of increase in rent and any period during which the increase will be applied prevents doubts.
The presence of both parties in one session: The landlord and the tenant must be present together at the time of signing the contract, or if the landlord has agents responsible for his presence, each page of the contract must be signed by both parties.
Responsibilities of the Tenant: Among the things that must be discussed between the landlord and the tenant are the dues and financial entitlements of the leased property. If the leased property is an apartment in a residential building, the lessee must take part in the payment of the expenses due.

In this article, Imtilak Real Estate provides you with an authenticated study of Arab and international schools in Istanbul, making an effort to constantly update its data in terms of opening schools and new branches or relocating its headquarters. These schools offer multiple options for their curricula, and some of them provide multiple curricula in the same school as the Arab and British curricula.

International Schools in Istanbul
Why choosing Istanbul to live and study?
Istanbul is a new destination for investment and stability. It is a destination for those looking for safe housing and peaceful life. It combines history, modernity, luxury, big brands, beautiful nature, social life, and social and social integration, not to mention the embrace of Arab and expatriate communities, where there are many social patterns suitable for newcomers.
The situation in the region has prompted thousands of families to seek new, safer and more stable alternatives. Many of them chose to go to Istanbul and decided to live and own real estate in Turkey, where they can see the finest apartments, villas, residential and commercial complexes.

Studying in Turkey
What are the difficulties of living in Turkey?
But all this does not eliminate the existence of some difficulties, especially in the early beginnings of coming, and before the integration with the community, such as the language barrier mostly, as well as on the subject of education in particular. The children’s education dispersed in multiple educational stages and coming from diverse academic environments represented a significant challenge to the choice of alternatives available in a big city like Istanbul, from public schools that teach Turkish in various sections and their scientific and legal branches to international schools offering education in languages to Arab schools that teaches the curricula adopted in a number of Arab countries.
Due to the city and transportation congestion at peak hours, the choice of accommodation near the appropriate school for children from international schools in Istanbul is an ideal choice that saves time and effort.
What types of international schools in Istanbul?
Whether you are a resident of the Gulf and want to move to Turkey and plan to take this decision in the near future, or are still in the process of preparing for the most suitable migration and safe settlement options, or even residing in Turkey and looking for a better option to educate your children, this study will help you to choose your best choice among Arab schools in Istanbul, with its various methods such as Jordanian schools, Saudi schools, Iraqi schools, Libyan schools...
If you are interested in keeping your children proficient in English, you will find several schools offering English language courses, such as British schools, American schools, Canadian schools and other international schools in Istanbul, accredited by several international educational institutions.
Istanbul Map

Map of Istanbul in English
Below is a list of international schools according to their location on Istanbul map in terms of their distribution to the Istanbul European and Asian neighborhoods, with the detailed titles of each school and direct links to the ideal housing options recommended by Imtilak Real Estate near each Istanbul international school, which suit various budgets for buying a lifetime home, near all the vital services and vital amenities, including the appropriate school for your children!
Here's a list of the most common Arab and international schools in Istanbul 2019, click here

Apartments For Sale in Istanbul Valley

There are many options for owning apartments in Istanbul, but if you are looking for a residential apartment for sale that has of accommodation and peace of mind, there is no doubt that the Istanbul Valley projects will meet that.

Istanbul Valley Turkey area extends in the European side of Istanbul, it is rightly named, as it lies in the lowlands of the ground, Surrounded by high areas where high towers have spread their modern designs on the one hand, but on the other hand, the region has a close proximity to a large area of the largest forests in Istanbul Forest Belgrade which extends from the valley to the Black Sea shores. Therefore, the inhabitants of the Istanbul Valley Apartments enjoy the fresh air and the pleasant breeze in the hot summer days.

Here are some of the features of the Istanbul Valley project area:

Istanbul Valley Apartments for Ownership are within walking distance of the Taksim, Levant area and Maslak.
Close to the Bosphorus Strait.
25 minutes from the new Istanbul airport, which gives it strategic and investment importance.
There is a huge shopping mall in the area, the Istanbul Valley Mall provides all the needs of the surrounding area. Next to it are commercial office buildings and five-star hotels. The area is integrated and has an important investment future.
Wonderful views of the charming forests of Belgrade, also a river passes near area deresı Kağıthane which pours into the bay (Golden Horn).
The highway between the Asian and European sides passes through the area, and the metro station is close to completion.
We offer our clients the opportunity to buy ownership apartments in Istanbul Valley by contacting us directly at Imtilak Real Estate to provide you with the right real estate consultancy for your needs.

Edited by: Imtilak Real Estate ©
istanbul valley region

If every city has a heart, it must be Istanbul's Taksim area, which explains why a large segment of investors are seeking to buy Istanbul Taksim apartments and nearby neighborhoods such as Sisli.

An Arab or European tourist always like to visit the Taksim area, which is laden with unique historical and architectural symbols.

Taksim square
Istiklal Street: A witness of modern Turkey
In the Ottoman era, Istiklal Street was called the Great Street, and its name was changed to Istiklal Street in memory of the victory of the Turkish War of Independence.a
An ancient tramway line is extended along the street, which is a train used as a mean of transport from Taksim Square to Istiklal Street to the Galata Tower, one of the most famous historical landmarks in Istanbul.

Istiklal Street

The street also includes many cultural centers such as arts centers, Ataturk cultural center, cultural activities, opera houses, bookstores and entertainment venues such as galleries, theaters, shopping malls, clothing shops, cosmetics, desserts, cafes, restaurants and many more...
If you want to live or invest near Taksim Square with all its aesthetics and vitality, Imtilak Real Estate can offer great choices that will definitely suit you!
Edited by: Imtilak Real Estate ©
Apartments for sale in Taksim

بوسفور اسطنبول: عن المضيق المتألق وجسور اسطنبول الشامخة وقناتها المائية

تتألّق إسطنبول بشطريها الأوروبي والآسيوي، ولا يفصل بينهما إلّا مضيق بوسفور اسطنبول، وكأنّه عِرقٌ متلألئ من عروق الحياة أو سببٌ من أسبابها؛ تسمع عن هذه المدينة الكثير، تبحث عنها، تراها على الخارطة، تزورها، تزداد يقيناً أن لا نظير لهذه المدينة السّاحرة!
ويتسع المضيق في مخيّلة عشاقه حتى يضحي اسمه: بحر البوسفور في تركيا، منتقلين فيه من الضيق إلى السعة.. وفي ظاهرةٍ نادرةٍ على مستوى العالم، ولمرّةٍ واحدةٍ فقط من صيفِ كلّ عام، تُبدِّل مياه البوسفور لونها من الأزرق الغامق المعتاد إلى الفيروزيّ النّقيّ!
وهو اللّون الذي عشقه العثمانيّون تاريخيّاً فزيّنوا به جدران مساجدهم، وصبغوا به معالم الحضارة من بنيانهم، فلا تكاد ترى لهم بناءً يخلو من هذا اللّون المميّز.
ولمّا لاحظ المستشرقون عشق الأتراك هذا، أطلقوا على هذا اللّون اسمَ:"تركواز" بمعنى الحجر التّركيّ، لشدّة التصاقه بمعالم حضارتهم.

بوسفور اسطنبول: شاهد على الحضارات
اسطنبول تطل على البوسفور، وكثيرةٌ هي الحضارات التي مرّت بإسطنبول عبر التّاريخ، ولا بدّ أنّ هذه الحضارات قد خلّفت وراءها كذلك الكثير من المعالم الشّاهدة على عظمة هذه المدينة، معالم يحفل بها جانبا مضيق البسفوربالفعل كقلعة روملي حصار الشّهيرة.

روملي حصار: تاريخ حاضر
تتميّز قلعة روملي حصار في الطّرف الأوروبي من إسطنبول بإشرافٍ مباشر على بوسفور اسطنبول، وكما يشير اسمها فقد بُنيتْ بالفعل بقصد إحكام الحصار على الرّوم قبيل فتح القسطنطينيّة، وقد بناها السّلطان محمد الفاتح في 4 أشهر فقط!

تمّ بناء القلعة على أضيق منطقة من مضيق البوسفور حيث تقدّر المسافة الفاصلة بين شطري المدينة بحوالي 700 متراً، أمّا ارتفاع أسوار القلعة فيبلغ 82 متراً.
وتعتبر القلعة معجزة عمرانيّة من حيث سرعة الإنجاز، والإبداع في التّصميم المتماشي مع تضاريس المنطقة الجبليّة!
سحر الطبيعة في بوسفور اسطنبول
مزيجٌ من هيبةٍ وبهجةٍ في آنٍ معاً، ينعَم بهما من نال حُظوة الإشراف على مضيق البوسفور، ستختبر حَيرةً لذيذةً بين خُضرةٍ قد أحاطت بكَ حيث أنت جبلاً وبين زُرْقة التّركواز الفريدة أدنى منك مَضيقاً، كلُّ هذا مع نسماتٍ منعشةٍ تتوارد عليك جبليّةً حيناً، وبحريّةً حيناً آخر، يختص بها سكان شقق في اسطنبول مطله على البسفور.
أمّا عن أجمل ما تحتضنه ضفاف البوسفور من مباهج الطّبيعة، فيكفي أن تقْتفيَ خُطى السُّيّاح وبالذّات في فصل الرّبيع، لتجد نفسك في جنّةٍ من الألوان تتجلّى في حديقة اميرجان.
هناك حيث أزهار التّوليب تأخذ بالألباب، ولا يكاد يحيط بها وصف، خصوصاً بعد أن أَعْمَلَ أهلُ الخبرة والفنّ فيها لمساتِهم لتزداد حُسناً إلى حُسن.

في حديقة اميرجان Emirgân Korusu لا بدّ أن يُدهَشَك الحضورُ الطّاغي لألوانٍ كأنّما صُبّتْ صَبّاً بكلّ تدرّجاتها على بُسُطٍ مزركشةٍ قوامها زهرة التوليب.
تلك الزّهرة الفريدة التي أدهشت سكّان أوربّا لمّا نقلها العثمانيّون إليهم، ولذلك فلا تعجب إذا علمت أنّ المؤرّخين قد أطلقوا اسم زهرة التّوليب Lale على الفترة الذّهبيّة من عمر الإمبراطورية العثمانيّة (عصر اللّالي)، حيث اهتمّ سلاطين تلك الفترة بالفنون والثّقافة والأدب وأمروا بزراعة زهرة التّوليب في كلّ مكان حتى غدت كافّة أنحاء السّلطنة متوّجةً بتلك الزّهرة!
شاطئ البوسفور: مقصد النخبة ومركز العقارات الفاخرة

وأنت تسير بمحاذاة البوسفور تركيا، لا بدّ أن تلحظ تلك اليخوت الفارهة الرّاسية على ضفافه، بجوار العقارات الفاخرة والقصور التّاريخيّة أو الحديثة ذات الطّابع الباذخ، فالمنطقة قد أضحت قِبلةً للباحثين عن فلل للبيع في اسطنبول على البسفور، الأمر الّذي يجعل منها مقصداً للنُّخبة والمشاهير، ولذلك ينظر إليها المستثمرون على أنّها جنّة الاستثمار في إسطنبول ويسعون للبحث عن شقق للبيع في اسطنبول تطل على البسفور.

جسور البوسفور
بما أنّ مضيق البوسفور يفصل بين الشّطرين الآسيويّ والأوربّيّ من مدينة إسطنبول، كان لا بدّ من إيجاد طريقة عمليّة للتنقّل بين ضفّتي البوسفور وذلك بدلاً عن وسائل النّقل البحريّ المعهودة.
قٌدّمت العديد من التّصوّرات عبر التّاريخ لبناء جسر يربط شطري المدينة، وفي الحقبة العثمانيّة كانت هناك جهود لتجسيد الفكرة ولكنّها لم تكلّل بالنّجاح.
ومع الإعلان عن قيام الجمهوريّة التّركيّة في عام 1923، عادت المساعي من قبل الشركات الأوروبّيّة لإنشاء جسر بين الضّفّتين لكنّ أيّاً منها لم ير النّور.
وبعد ذلك، تمّ إنشاء ثلاثة جسور على مضيق بوسفور اسطنبول نستعرض فيما يلي معلومات عنها:
جسر شهداء 15 تموز "جسر البوسفور"
افتتح الجسر الأوّل على بوسفور تركيا بمناسبة الذّكرى الخمسين لتأسيس الجمهوريّة التّركيّة، وذلك في 30 تشرين الأول/أكتوبر من العام 1973.
وعرف باسم "جسر البوسفور" إلى أن تمّ تغيير الاسم إلى "جسر شهداء 15 تموز" عقب المحاولة الانقلابيّة الفاشلة التي وقعت يوم 15 تموز/ يوليو في العام 2016.

وترتفع أعمدة الجسر التي تحمل كَبْلات التّعليق 64 متراً عن سطح الماء، فيما يبلغ طول الجسر 1560 متراً، والمسافة ما بين البرجين (الأعمدة) 1074متراً، فيما يبلغ عرض الجسر 39 متراً، وتسير فوقه السيّارات بثلاثة مسارات ذهاباً ومثلها إياباً. وقد بلغت تكلفة جسر البوسفور 21 مليوناً و747 ألف دولار.
ويستضيف الجسر الأوّل سنويّاً منذ العام 1979 سباق الماراثون (الأوراسي) بمسافة 42 كلم، لتكون مرحلة عبور الجسر هي الأهمّ، ويشارك فيه سنويّاً عشرات الآلاف من مختلف الجنسيّات.
الجسر الثاني (جسر السلطان محمد الفاتح)
مع ازدياد أعداد المركبات في إسطنبول، وعدم كفاية الجسر الأوّل لتلبية الحاجة المتزايدة للتنقّل بين شطري المدينة، ونظراً للازدحام الشّديد، تمّ إنشاء الجسر الثاني في إسطنبول فوق بوسفورها.
وبدأ العمل به في 4 كانون الثاني/ يناير 1986. وقد صمّمه تحالف شركات أجنبيّة، ونفّذته شركات عديدة من بينها شركات تركيّة ويابانيّة.
وافتتح الجسر في 3 تموز/يوليو من العام 1988 بأربعة مسارات ذهاباً ومثلها إياباً.

ويبلغ طول الجسر 1510 متراً وعرضه 39 متراً، والمسافة بين البرجين 1090 متراً، فيما يرتفع الجسر عن سطح البحر 64 متراً؛ ويتميّز الجسر بأنّه معلّق بزوج من الكبلات، وفي حال استدعت الضّرورة استبدال أحدهما فالأمر سهل.
ويعدّ جسر السلطان محمد الفاتح في الوقت الحالي جزءاً من طريق أنقرة أدرنه وذلك ضمن الطّريق الدّوليّ الأوروبّيّ السّريع المعروف اختصار بـ TEM.
الجسر الثالث (جسر السلطان يافوز سليم)
استغرق إنشاء جسر السلطان سليم أربعة أعوام، وافتتح الرّئيس التّركيّ رجب طيب أردوغان ورئيس الوزراء بن علي يلدريم الجسر الذي يربط بين القارّتين الأوروبّيّة والأسيويّة في الجمعة 26 من أغسطس/ آب 2016.
ويعدّ أعرض جسر معلّق في العالم إذ يبلغ عرضه 59 متراً، كما تعدّ أعمدته الأعلى في العالم بارتفاع 322 متراً.

ويشتمل الجسر على عشر مسارات، ثمانية منها للسّيارات ومساران للقطار السّريع، ويرتفع عن سطح البحر 322 متراً.
ويتميّز جسر "السلطان سليم" بهندسة هجينة، فهو معلّق ومجهز بأعمدة في آنٍ واحد، ما يجعله مبتكراً للغاية.
رسوم العبور على جسور إسطنبول الثلاثة
تتفاوت رسوم عبور جسور اسطنبول الثلاثة بحسب استخداماتها المدنية والتجارية، وحجم المركبة ونوعها، وتعدرسوم جسر البوسفور هي الأقل حسب التسعيرات المعتمدة للعام 2019 كما يلي:

نوع المركبة جسر السلطان سليم رسم جسر البوسفور

• جسر محمد الفاتح سيارة 19.15 ليرة تركية 8.75 ليرة تركية مركبة تجاريّة خفيفة 25.50 ليرة تركية 11.25 ليرة تركية دراجة ناريّة 13.40 ليرة تركية 3.50 ليرة تركية مركبات تجارية فئة 3 - حافلات 74 ليرة تركية - مركبات تجارية فئة 4 120 ليرة تركية - مركبات تجارية فئة 5 – شاحنات كبيرة 149 ليرة تركية - مقارنة بين مضيق البوسفور ومشروع قناة اسطنبول المائية الهدف من مشروع قناة اسطنبول الجديدة هو تخفيف الضّغط عن مضيق البوسفور الذي يربط طبيعيًا بين البحر الأسود وبحر مرمرة، وخصوصاً حركة ناقلات النّفط الضّخمة، وهذا من شأنه أن يزيل تهديد المخاطر البيئية علىمنطقة البوسفور في اسطنبول التي تزخر بالعديد من القصور الأثريّة والمعالم السّياحيّة الفريدة. يذكر أن طول القناة سيبلغ 45 كيلومتراً، وسيبدأ مسارها من بحيرة "كوتشوك تشكمجه" في إسطنبول إلى بحر مرمرة، وتستمر شمالاً عبر سد "صازلي دره"، ومن ثمّ تصل للبحر الأسود شرق سد "تيرطوس" في قرية "دوروسو" بمنطقة "تشاطلجا" بإسطنبول.

وفيما يلي مقارنة سريعة بين قناة إسطنبول الجديدة (المعروفة أيضاً باسم قناة البوسفور الجديدة) ومضيق البوسفور الموجود حالياً:

المسافات قناة إسطنبول مضيق البوسفور
الطول 45 كم 30 كلم
العرض 275 متراً من 700 متر حتى 6 كلم

شقق في اسطنبول على البسفور
في إسطنبول، إذا كنت من مُحبّي الجَمال، فأنت واحدٌ من بين كثيرين استهوتهم المدينة بما خُصّتْ به دون سواها من تنوّعٍ وغنىً، فطاب لهم المقام فيها.
ولكن، إن كنت من خاصة الخاصّة، من عُشّاق السِّحر والفِتنة، ففي إسطنبول كذلك أماكنُ سكنتْها هذه المعاني، وامتزجَتْ بمائها وجبالها وشكّلت ملامحها؛ فإذا رُمت الجمال، والسّحر الحلال، فابحث عن شقق في اسطنبول على البسفور.
ومن أبرز هذه المناطق على الجانب الآسيويّ من إسطنبول كلّ من: بيكوز، أوسكودار، كانديلي، أمّا على الجانب الأوربّي فتشتهر منطقة سارير الجميلة، ومنطقة بيشكطاش. وعلى كلا الجانبين خيارات واسعة للباحثين عن شقق فندقية في اسطنبول على البسفور!

تقدم إسطنبول فرصاً واعدة للراغبين بالسكن الآمن، والاستثمار العقاري الرابح، بما يشمل بيع وشراء العقارات المتنوعة مثل: الشقق، والفلل، والأراضي، والمزارع، والمحلات، والمكاتب التجارية، والمخازن والمباني والعمارات وسائر أنواع العقارات المعروضة للبيع في تركيا.
عقارات للبيع في اسطنبول