August 17th, 2007 by lana
If you prefer buying a property at a very reasonable price which you can use yourself for regular holidays and somewhere that you can also rent out to get some income in a country where the summer is nice and long, stretching from March to November, a wealth of tourist attractions, then Turkey is definitely an option you should be considering. ( for more info click here)
August 17th, 2007 by lana
Buying property in Turkey can be a great investment as well as giving you a fabulous place to spend your summer holiday! Here’s how to buy real estate in Turkey wisely, safely and profitably. ( for more info click here)
August 17th, 2007 by lana
Buying Real Estate in Turkey? The recently released second edition of the booklet ‘Guide to Buying a Property on the Turkish Riviera’ produced by Nirvana is a guide to buying property in Turkey. It explains the buying procedure, basic law and taxes that are due now and in the future.
( for more info click here)
August 17th, 2007 by lana
Traditionally British people have bought property mainly in European-Mediterranean countries such as Spain , France , Italy and Cyprus as well as famous US destinations like Florida . However, these places have recently become extremely expensive and saturated. Nowadays, the UK citizens have been seeking other alternative overseas destinations. ( for more info click here)
August 17th, 2007 by lana
In June 2003 Turkey liberalized the legislation relating to foreign ownership of property in a bid to begin aligning its real estate laws and regulations with those of the EU member states. As a result of this liberalization there exists a rule known as the “reciprocity principle” that allows foreign citizens to purchase freehold land and property in Turkey if Turkish citizens are allowed to buy freehold land and property in the country from which the foreign citizen heralds. ( for more info click here)
August 17th, 2007 by lana
Turkey - real estate tax guide
Corporation tax
Corporation tax is charged at the standard rate of 30% (previously 33%) and is payable by Turkish companies and non-resident companies operating through a Turkish branch. Branch profits are also subject to withholding tax at 10% when remitted abroad, or to entities which are not subject to Turkish tax.
Rental payments made by companies which are subject to Turkish corporation tax to non-resident entities with respect to direct use, letting or other use of Turkish real estate are subject to withholding tax at 22%. ( for more info click here)
August 17th, 2007 by lana
The Turkish tax regime is an important part of the economy and can be divided into 3 main categories:
* Income Taxes, such as Individual Income Tax and Corporate Income Tax
* Taxes on Expenditure, such as Value Added Tax or Banking and Insurance Transaction Tax or Stamp Tax
* Taxes on Wealth, such as Property Tax or Inheritance and Gift Tax
August 17th, 2007 by lana
Purchasing property in Turkey is becoming increasingly popular with holiday home owners and investors around the globe. According to a broad economic and political analysis of Turkey dated November 2006 by property investment experts Amberlamb, the Turkish property sector is on track to become one of the top five performing European markets in terms of capital appreciation in 2007.[1]. Several factors are contributing to the popularity and the trend displayed by foreign purchases of property also had important repercussions within Turkey. The issue is especially notable given Turkey’s potential EU membership and the related economic integration processes. ( for more info click here)
August 2nd, 2007 by Ines
Situated in central Europe, the Czech Republic (formerly known as Czechoslovakia prior to the break up) is land locked by Poland, Germany, Austria and Slovakia. While the country covers some 78,000 km2, it only has a population of just over 10 million. Over the last 20 years the country has been at the centre of much infighting and politician upheaval, but the situation seems to be more under control these days, and the economy is has been fairly up beat since the last recession which ended in 1999.
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August 2nd, 2007 by Ines
In particular, the property market has shown unprecedented growth in valuations since about 2001.
There are many opinions about the effect EU entry will have on the property market, but they generally fall into one of three camps: 1) Prices will soar after entry so the time is now to get in before the ‘big spike’, 2) Prices will plummet because the market has overvalued EU entry, 3) Nothing will happen since the future value of EU entry on property values have already been factored in to today’s prices.
To read the whole text, click here.