Turkey is becoming a major hub for investors from the Europe and the Middle East, thanks to low property prices, wonderful locations and a welcoming society. But savvy investors are also wise to the fact that where other expats have settled, there is likely to be a better chance of relocating smoothly and fitting into the lifestyle, as well as snapping up property that could serve as rental generators. For those that like to research locations of properties and where most foreign … [Read more...]
Short-term renting in Turkey? Get a manager!
In short: those that rent their properties on a daily or weekly basis must register them with the local police of Gendarme. Failure is a 10,000TL fine! At EV Villas & Apartments - the sister company of TAM Property Management - we have all the experience necessary to guide you through the maze of rental laws. Here's a quick recap of how they could affect you: New law Turkey has suffered terrorist and criminal attacks over the last two years. Due to the heightened state of global … [Read more...]
Turkey to offer wealthy foreigners new citizenship
Turkey to offer wealthy foreigners new citizenship Turkey has stepped up to entice more wealthy foreign property investors - with the chance to apply for citizenship. The country announced it will grant citizenship to foreigners who buy property worth more than $1 million and a minimum of $2 million investment. Alternatively, foreign investors will be able to take up citizenship if they have more than $3 million in a bank account for more than three years. And with Istanbul set to … [Read more...]
7 Reasons to Use a Property Manager in Turkey
7 reasons to use a property manager in Turkey Bought a property in Turkey and unsure what to do next? For most owners who have second homes here, they will only use them at maximum four weeks in a year. So what happens for the other 48 weeks. Would you leave your property completely shut up until you come round next time? The best option is to get a professional vacation rental and property manager, such as TAM and its sister company EV Villas & Apartments, as they will be able to … [Read more...]
Turkey: A Rough Guide
Location, location, location: When you come to stay in Turkey, the opportunities really are endless in picking the best location for a safe, secure and friendly stop. Here are TAM's top four locations: Istanbul If you are into shopping, culture, history and entertainment, then Istanbul, Turkey's tourist heartbeat will offer even the most discerning tourist the best there is. From museums, art galleries, major shopping centres, the Bosphorus River, historic attractions, such as the Blue … [Read more...]
Renting in the Istanbul suburbs
Through TAM's rental and letting management, their specially trained staff will be able to find you some of the best places to stay at affordable places if you are looking to stay short or long-term in these sought after suburbs. TAM would also like to make contact with foreign owners in Beylikduzu and Esenyurt who are looking for a professional company to let and manage their properties. Beylikdüzü Beylikdüzü is recognised as one of the most cosmopolitan suburbs of the metropolis, … [Read more...]
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