Recent findings have shown that around 1 in 6 Turkish properties sold to foreign buyers were bought by Brits in the last two months. The Land Registry Directorate General’s most recent statics highlight that 113,687 properties across Turkey are now owned by foreigners, an increase of 2,487 property sales made on September’s 111,200 figures. Further [...]
Some market speculators are convinced the Eurozone is on the brink of collapse and that the EU may face an actual bank run as individuals, banks and investment houses scramble to secure actual funds, even from one another. The interlinking nature of modern banking and investment infrastructure may lead to a domino effect of collapse. [...]
Environment and Urban Planning Minister Erdo?an Bayraktar has said the Justice and Development Party (AK Party) government is preparing a bill to pave the way for almost unrestricted property sales to foreigners, irrespective of whether Turkish nationals can purchase property in their countries. Bayraktar, who was the head of the Housing Development Administration of Turkey [...]
In troubled times, many investors return to the things they know best and that certainly seems to be the case with overseas property buyers, with the top 3 countries sharing nearly a third of all property searches on TheMoveChannel.com in June 2011. Dan Johnson, director of the portal said: “The Spanish market is awash with [...]
Hi, I am writing to ask for your advice on what may be a consumer rights issue. I am writing on my family’s behalf because I am here in Turkey trying to resolve it for them as my husband holds the power of attorney for my sister and brother-in-law. I have attempted to be as [...]
Regarding to this is bristol in UK a retired couple claim they were “misled” when they invested £36,000 in beachfront property in Turkey. Graham and Marlene Wheller invested the money in an unbuilt property in the beautiful coastal area of Akbuk. Mr and Mrs Wheller believe they were guaranteed the property, which is part of a [...]
Altinkum properties now offers quality property services in Akbuk, Altinkum and Didim along with surronding areas of the resort. Are you in a dilemma of selecting rental property management in Altinkum Didim and Akbuk in Turkey? Then, you should be well aware of all the in and out of the property management processes and companies. [...]
When considering shares to purchase, a company that generates below average earnings, has poor cashflow or a weak balance sheet may be one for you to look at especially carefully before purchasing. Whilst there are other characteristics of weakness to look for, these offer clues that unpleasant issues may be about to surface. One things [...]
“Hello Berk, I have just read your article on Turkish property law — subtenant and eviction issues. I am Irish and own a house in Turkey which I use on a yearly basis as a summer holiday. I have rented this out to a Turkish girl two weeks ago. She initially needed a house for [...]
Big companies make big money off of small claims. Sometimes you simply don’t keep the papers after terminating a utility agreement (such as cable TV) or simply don’t keep the receipts of payment for a payment. A long time later, you receive a letter stating that you have not fulfilled your obligations. You ignore this [...]
Legal guidebook for foreigners
Turkish intellectual property law, Sometimes lawyers feel that all those violations experienced by their clients will never touch them. This is certainly not the case. It happens to us, too. Just recently, I was wandering in a bookshop, and I checked the legal books section, and what did I find but a legal guidebook for foreigners [...]
With average property prices in England and Wales currently listed as £233,139*, we look at what you can get for your money in the UK and abroad. This figure has only risen 1.5% over the past year showing a very static domestic market compared with a 16.4% annual price increase seen 3 years ago. London [...]
A hospital in southern Turkey on Saturday performed the world’s first triple limb transplant, attaching two arms and one leg to a 34-year-old man, an official said. At the same time, a team of doctors at Akdeniz University Hospital, in the Mediterranean coastal city of Antalya, transplanted the face of the same donor onto another [...]
Flu-Fighting Foods that we need because getting cold nearly all over the world and better to be safe and with out flu around so lets take some actions and stay away from flu because buried in the controversy over whether to get the H1N1 vaccination (or even where to find one), is that one of [...]