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From News

"White Paradise" receives 15 thousand visitors within 3 hours ... in the Turkish city of Denizli

A tourist area in the southern Turkish state of Denizli received 15,000 domestic and foreign tourists within three hours as part of the Tourism Week, which opened on Wednesday in the region. Thousands of local and foreign visitors attended the tourist resort of Pamukkala in the framework of the opening ceremony of Tourism Week, organized by the Ministry of Culture and Tourism, which attracted great interest from visitors. The head of the Association of Hotel Owners and Tour Operators in Denizli, Ghazi Murad Shen, said that the Ministry of Culture and Tourism allowed visitors of Bamouk Qala on Wednesday to tour the tourist area free of charge between 15:00 and 18:00 Local time, under the Tourism Week. He added that the number of visitors who visited Bamouk Castle, during the three hours, reached about 15 thousand tourists, local and foreign. Visitors to the local and foreign area toured the Pamukkala district and enjoyed commemorative photos, while others enjoyed thermal water and mineral springs. "The event also provided visitors with the opportunity to visit the ancient city of Hierapolis free of charge, and to get acquainted with the old theater and the ancient tombs. The UNESCO World Heritage Site of Pamukkala is one of Turkey's most sought-after tourism and medical tourism destinations, with its scenic landscape, Hierapolis' hot water basin, the hot springs used for treatment as well as its tourist facilities. Pamukkala, known as a hot water treatment center since ancient times, is a destination for those seeking medical tourism thanks to its calcium-rich water and minerals, which formed over the ages terraces of travertine deposits.

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Reserve of the Turkish Central Bank of foreign currency exceeds 100 billion dollars

Reserve of the Turkish Central Bank of foreign currency exceeds 100 billion dollars

Turkey's central bank reserves of foreign exchange exceeded the threshold of US $ 100 billion, Turkish Finance and Finance Minister Berta Albirek said. Al-Bayraq said in a tweet at his own account on Twitter that the positive results of the measures and measures taken by the Turkish government in recent times are beginning to appear clearly. The Turkish central bank's foreign exchange reserves increased by US $ 16 billion over the last six months, Albirek said. The Turkish minister added that his country will continue to take the necessary measures to maintain the pace of improvement and recovery of the Turkish economy and restore its activity after a fierce foreign campaign in August last year. He said that his country was able to achieve a qualitative leap and a major transformation in the economic field during the last 16 years. He said Turkey's exports had risen from $ 30 billion in 2002 to $ 170 billion by the end of 2018. He added that the Turkish economy began in this period, writing a new success story, and that all sectors in the country, led by the export sector, are involved in writing this story.    

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New Decision It is necessary to confirm the valuation of the property price in Turkey before the sale and purchase to obtain Turkish nationality

New Decision It is necessary to confirm the valuation of the property price in Turkey before the sale and purchase to obtain Turkish nationality

Turkey has been characterized by an active investment movement during the last period, as the Turkish real estate market meets the requirements of investors of different segments and interests, which made the price of real estate in Turkey the subject of research and scrutiny by the interested at all times.   The price of the property in Turkey: a new decision in the interest of foreign investor In a new news that concerns investors in the Turkish real estate sector, a new condition has been set for properties sold to foreigners. As of March 4, 2019, the resolution will enter into force and an appraisal of the real estate price will be requested. The new measure aims to control the price of real estate in Turkey by solving the problem of high prices of real estate sold through the real estate market in Turkey and increasing the credibility of Turkish property in foreign markets, which means more attractive to foreign investors. The move would put an end to the sale of properties at higher prices than foreigners who want to invest in real estate in Turkey A circular concerning this procedure has been published by the General Directorate of Real Estate Registries affiliated to the Ministry of Environment and Turkish Cities. The circular requires foreigners to obtain a report that includes an assessment of the price of the real estate before the sale or purchase of the property. This new application ensures transparency in the sale and purchase process, reducing the problems of purchasing the property in Turkey and the reports on the valuation will be valid for three months from the date of issue only. The report can be used during this period for all operations, and if the price of the property changes within a period of three months, a new report will be requested. Access to licensing documents will be made available through experts accredited by the Capital Market Authority of the Republic of Turkey. The Directorate General of Real Estate Records of the Ministry of Environment and Cities expects that this procedure will also be applied to Turkish citizens in all Turkish cities by 2022. Until then, the system will be upgraded to the best possible way, which will increase the reliability of the Turkish real estate sector and lead to the elimination of tax evasion and hence the adjustment of property prices in Turkey and the construction sector in general. The real estate market in Turkey 2018 has seen a remarkable rise in the ownership of foreigners by 1.4 million apartments.    

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Title deeds in Turkey

Title deeds in Turkey

With increasing interest in property ownership in Turkey, investors and owners of property in Turkey have raised questions about the title "Tabu" What types of taboos in Turkey? What is the meaning of temporal equivalence? What does the agricultural taboo mean? Can more than one owner share a common title deed? What are the procedures and costs of real estate in Turkey? How is the Commercial Land Registry converted to residential and vice versa ...? Ownership of Real Estate This study was prepared by a number of official and competent Turkish sources, in which they responded to all inquiries about the title of property and related thereto. Property title (Tabu) Is the document regulating a particular property and proving ownership of the property to the person mentioned in the document stating the information about the property and the figures of the real estate survey and determine the location of the property and organize this document by the Directorate of Real Estate Registry. The owner of the property (the owner of the property) shall not be given the title of the real estate owner (the legal owner). The owners of other rights in the property other than ownership (such as the lessor or current) The real estate can also be given to each of them a special bond, but this does not mean that each one of them gets an independent title to the property, but shows the share of the owner of the bond in the property, where the owner writes the name of the owner of the bond with the mention of his share. If the name of a single person is mentioned in the owner's name without mentioning a percentage of 1/3 or 1/5 or other, it means that the property is owned by the person named in the bond only. The percentage is that there is a partner and that the person named in the property as much as the proportion mentioned in the bond and that the partners in the real estate are partners in all parts of the property that the partner in the property does not have a dedicated part of the property and other partners other parts, All. Every apartment within a building or villa that has acquired the right of full ownership or easement is considered an independent property in itself. Each of these sections shall be governed by a special bond. Types of title deeds (taboo) There are several types of title deed in Turkey by sex of the real estate, the most important of which are: Land titles for construction and agricultural land They are real estate that is registered as empty pieces valid or unfit for reconstruction. This piece of land must be located within an area covered by the reconstruction plan to acquire the status of a land suitable for reconstruction. However, the acquisition of the land does not mean that a building permit can be built or a project is planned and the building permit is taken over this piece. And its entry into the reconstruction plan where the piece in question may be located on the road or dedicated to a public park or a green area and the like. As for agricultural land, it is necessary to verify its status. The land or the piece registered in the Tabu bond may be an agricultural land that has acquired the status of reconstruction due to a change in the reconstruction plan in the area while remaining in Sindh (agricultural land) These cases are common, so information must first be provided by the municipalities concerned. Building Bonds In this type of taboo, remember the main public property information, without mentioning the information about the independent sections of the property means that the property is registered as a single unit is not divided into separate sections such as independent houses and barns and accessories, warehouses, factories and similar buildings. Mortgages Is the taboo bonds that register each section of the property separately, in the sense that a suitable project is planned for construction on a plot of land allocated and then take the approval of construction and then the project is divided into separate sections (such as apartments within the architecture), and organizes each section of a special document showing the location The independent section and the relevant information, without considering whether the project was started or not. The sex of the property in such bonds is mentioned as a land of construction or agriculture because of the non-completion of construction of the project and after the completion of construction and obtaining housing approval, title deeds are allocated to the property. Concordance and property registration floor The owner of the property has the right of ownership on the specified floor of the building. The record of the floor property is recorded in brief, proving that the building has been fully constructed in accordance with the building law. There is another record, called "ortifak?", which is usually used by the construction contractor to obtain the necessary funding for the project. This record identifies the real estate shares and the share of each owner. The title deed is the title of the bond, not the title deed. This type of real estate bond is defined as the stage to be passed before obtaining a full title deed and the easement proving the title of the bond holder in the building to be constructed or to be started on a plot Certain of the land which has not The completion of the project is done after it has been installed in the records of the real estate department. It lists the location and the number of each section of it and the owner of the property. In the case of completion of the project or building with the approval of the housing from the municipality - if it complies with Turkish standards and standards - Full ownership. Building contractors usually present the characteristics of the building to be sold to the buyer by means of this register in the form in which the features are accurately indicated with the details, but on the other hand it is necessary to obtain the title document because this document enables the landlord to obtain the housing license. Law No. 5711 of 2007, published in the Official Gazette of Tata

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