| |
News Flash!! Following mails from customers who are concerned about their purchase of property or land in Turkey and to re-assure others. We have spoken to our solicitor whom most of you met when you purchased land or property from us and we have also now received news direct from Ankara concerning the new resolution. The details are as follows; For the next 3 months the sell of land and property located within the Council areas - those shown as "town council" areas can continue however, property and land in the areas known as "Koy" - village areas should not be sold to foreigners during this time. In order to revoke the existing law and implement the new a stop has to be put on sales. At the end of the 3 months the law will go to the supreme court for finalising and until this time the exact details of the new law are not clear as sales in all areas of Turkey need to be reviewed. Previously applied for permissions (TAPU) will go through and anything applied for within the next few months will be the same. The resolution passed yesterday does not mean foreigners cannot buy in Turkey and was passed solely to monitor the area of land being sold to foreigners. The aim is to go back to the previous system, where farming land, villages not under a Belediye (council) cannot be purchased by foreigners. This rule is not designed to discourage the normal purchasers but more to stop the Russian and Israeli companies to name just a few from buying large tracts of land by barrages or along borders in areas of strategic importance. As we receive information concerning any new ruling we will keep you updated and in the meantime there is no need to panic as this ruling is for regional and security purposes only. If you have any queries please don't hesitate to contact us. |
|||
Disclaimer
|
|
