The Central Bank of Turkey (CBRT) has presented the Government with a series of proposals aimed at regulating the real estate market, according to Sözcü. New Tax on Second Homes: The CBRT proposes introducing an additional tax for owners of more than one residential property. The aim is to stimulate the rental market and curb price growth. Stimulating Construction and Rental: The...
Denizbank, one of Turkey's largest banks, has made a significant move by offering mortgage loans to foreign nationals. This opens up new possibilities for international investors looking to purchase property in Turkey. Mortgages provide an opportunity to extend the payment period for Turkish real estate purchases. This can be a crucial factor for clients who prefer flexible payment options and want to...
Best Breakfast In Istanbul Best breakfast in Istanbul is a flavour point integrated with the city's rich cultural heritage and diversity. The Turkish breakfast tradition has been enriched and diversified as a result of Istanbul being under the influence of different cultures throughout history. In every corner of the city, there is a wide range of breakfast places, from artisan restaurants serving...
Beşiktaş, a vibrant and affluent district on the shores of the Bosphorus in Istanbul, Turkey, offers a unique blend of history, luxury, and modernity. Prestigious Neighborhoods: Beşiktaş is home to some of Istanbul's most prestigious neighborhoods, including: Bebek: A charming residential area with lush greenery and stunning waterfront views. Etiler: A high-rise district known for its...
The Ministry of Culture and Tourism has announced plans to open 6 new public beaches in 2024. 2 new public beaches will be opened in Antalya, and 1 public beach each in Bodrum, Muğla, Izmir, and Giresun. The new beaches in Antalya are planned to be opened in the Lara and Konyaaltı districts. They will be equipped with everything necessary for a quality vacation: sunbeds, umbrellas, showers, toilets,...
Türk kahvaltısı Turkish breakfast is not just food, it is a special tradition. ⠀ The phenomenon of Turkish breakfast was organized with the appearance of coffee in the 16th century. But back then, it was food before coffee. Breakfast (kahvaltı - kavhe altı) implied food before having a cup of coffee. ⠀ By the 18th century, breakfast became a morning ritual with a variety of dishes - including...
Owning real estate abroad is not only a pleasant investment, but also concerns related to remote management. How to make this process as comfortable and efficient as possible? ????⠀ Two main formats: ✅ Facilities management: a management company, condominium, or realtor responsible for the maintenance of the property (fixed fee). ✅ Property management: a company that works with tenants and...
Property prices in Turkey continue to rise. In December 2023, the average cost of residential property reached $100,000, which is 84% higher than in December 2022. Price growth is observed in all regions of the country, but Istanbul has been affected the most. Prices in the capital of Turkey have increased by 73%. Despite the price increases, the demand for real estate in Turkey remains high. In...
Every year, Istanbul is carefully prepared to welcome the Christmas holidays with a magical atmosphere. This magical city becomes a fairy tale land with its streets adorned with historical textures, illuminated avenues and historical buildings. Hotels in different parts of Istanbul welcome their visitors with specially organised events, magnificent decorations and warm atmospheres to make the Christmas...
Istanbul stands out as a fascinating city with its historical and cultural richness, magnificent architecture, exquisite cuisine and lively atmosphere. This metropolis, which has a strategic importance with its unique geographical location connecting east and west, bears the traces of many civilisations that have left their mark on world history. From its walls that smell of history in every corner to...