Luxury Property Turkey received great feedback from its recent November 2017 blog entry titled ‘’Which Automobile to Buy as an Expat in Turkey''. The posting also brought up many questions that were asked about owning a vehicle in Turkey. Luxury Property Turkey staff assembled our recent clients' questions regarding privately owned vehicles in Turkey. Disclaimer: Please note that the advice...
Photo from Hurriyet Daily News Seeking to re-activate the ancient Sino-Turkic Silk Road trade route, China has signed and declared intent to invest into 12 million square meters of land in the vicinity of the Dörttepe district, just 15 minutes from the Bodrum-Milas (BJV) international airport. The deal will include the building of a min-city in conjunction with Turkish Ağaoğlu Construction...
The Yürüt family-run enterprise Vinbodrum began its epic home-made wine journey over 20 years ago, borrowing on the traditions of ancient Hittite cultures, which first harvested grapes in Anatolia for wine production over two millennium ago. The Vinbodrum family are passionate about their wine, and produce small scale, boutique wines without any automation. They have also enlisted local artists for...
Luxury Property Turkey continues spotting high powered celebrities frolicking along the Mediterranean Coast of Turkey (see our recent entry on Naomi Campbell’s grand eco-home dream plans on the Aegean). In October of this year, we spotted ‘’dragon’’ Duncan Bannatyne at the Kalamar Beach Club overlooking the turquoise waters of Kalkan, and later, out sailing with a grin from ear to ear. ...
''Invest in Bodrum Before it's Too Late'' In a recent October 2017 public statement at a tourism gathering by Bodrum mayor Mehmet Kocadon, he stated, ‘’As we continue to resolve the water and electric infrastructure, my suggestion is to liquidate your current real estate investments, and invest in property and land in Bodrum, whether or not it has planning permissions. The reason is that in two...
International watchdogs had all eyes on Turkey leading up to the 16 April referendum in which the Turkish electorate took to the polls to decide whether to change the Turkish parliamentary system to a presidential one, essentially allowing the current President Tayıp Erdoğan and future elected presidents increased powers in office. With a narrow approval (52% voting in favor of the referendum with 86%...
Turkey receives on average more than half a million visitors annually from the Gulf countries, with Saudi Arabia, Kuwait, and the UAE, accounting for one of the highest number of regional visitors to Turkey. These statistics include ex-pats residing in the Middle Eastern Gulf States as well as native Gulf state citizens seeking a cool respite during the stiflingly hot, Arabian summer months....
Offering citizenship to non-citizens who make investments, has been an obstacle towards which Turkey has taken a big step this week. The procedures have eased significantly for foreigners who seek Turkish citizenship in increasing numbers, and the move has particularly revived the real-estate industry. View Westward from Yalikavak Over the Aegean The increasing phenomenon of...
Read the full interview with Darren Edwards & Annie Burnett by Mansion Global about luxury houses and villas in the best seaside locations of Turkey. Hundreds of miles away from Istanbul, Turkey’s seaside, with its beautiful warm water and charming fishing villages, is attracting luxury development and increasingly becoming a highly desired area for vacation homes, as well as long term...
Turkey’s deputy prime minister Numan Kurtulmuş has vowed that a new law will soon be implemented that will grant expedited citizenship to foreign nationals investing in Turkey. Investors who make fixed investments such as real estate at a certain value and retain their investment for at least three years, plus those who provide employment opportunities, will soon become eligible. Turkish property...