September 2018

iberostar

Spain’s Iberostar Group Comes to Yalikavak, Turkey

Sabina Fluxa, daughter of hotel mogul Iberostar Group, Miguel Fluxa Rossello, has purchased a property in the vicinity of Yalikavak for 3,150 million USD. According to Takvim newspaper, the home is on a 4,000 square meter property, and is expected to be the first step in a planned 400 million  USD investment in a luxury  resort located in the bay of Tilkicik. The residential purchase is the first step...

turkish citizenship benefits

Turkey Seduces the Benefits of Citizenship

On 18 September, 2018, Turkish President Tayip Erdogan announced significant changes to the process of foreigners who are eligible for Turkish citizenship. The revised requirements mean that obtaining citizenship in Turkey will be far more relaxed for qualified foreigners. The full declaration was published in Turkey’s Official Gazette on September 19, 2018. A summary of the amended stipulations for...

uk pound and us dollar bills1

Property sales and Rentals to be set in Turkish Lira, but non-residents and Turkish Nationals living abroad are exempt!

Darren Edwards founder of Luxury Property Turkey, comments regarding the current ruling by the Government of Turkey that  property sales and rental agreements must be in Turkish Lira,it’s important to note that the official gazette has announced that non-residents and Turkish nationals residing outside of Turkey  are exempt from this law! This continues the government approach of being pro foreign...

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Part 4 – Darren Edwards Shares Inside Investment Advice

Darren's staff caught up with him outside of his Yalikavak real estate office on the way to a juicy lamb kebab to follow up on his opinions of the latest investment opportunities in Turkey. Darren - as wanna-be real estate speculators who work for you, we want to know as a long term estate agent specializing in Turkey, what would you buy with 250,000 Euro, 500,000 Euro, 1 million Euro, or 10 million Euro,...

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