New Record in Real Estate: 472,000 Units Sold in Two Months The Turkish real estate market has kicked off the year with an unprecedented surge, recording a historic high of 471,694 units sold in the first two months. Notably, this remarkable figure represents a 13.2% increase compared to the same period last year, solidifying Türkiye's position as a thriving hub for property investment. A...
What Property Owners Need to Know About Real Estate Rental Income Tax Are you a property owner in Türkiye earning rental income? Understanding the latest tax regulations is crucial to maximizing your profits and staying compliant with Turkish tax laws. In this guide, we’ll break down the 2024 real estate rental income tax rules, including exemptions, deductions, and filing deadlines, to help you...
New Immigration Policy in Türkiye: Stricter Conditional Entry Regulations Effective February 2025 The Istanbul Airport Directorate of Migration Management has introduced a significant change in immigration policy, effective February 1, 2025. Under this directive, foreign nationals who violate their visa conditions cannot enter Türkiye unless they sign a Conditional Entry Declaration. Reports suggest...
In today’s globalized world, wealthy individuals are increasingly seeking second citizenship as a backup plan. Factors such as better education, improved healthcare, climate crises, and visa difficulties are driving this trend. Among the top destinations for second citizenship, Turkey has emerged as a leading choice, ranking in the top 5 for citizenship demand. The Rising Demand for Second...
Türkiye is a country that offers a unique blend of rich history, stunning landscapes, and vibrant culture. Whether you're moving for work, study, or simply to enjoy the Mediterranean lifestyle, finding the right apartment is crucial. At Select Turkey, we understand that the process can be overwhelming, so we’ve put together this comprehensive guide to help you find the perfect apartment in...
Turkey’s real estate market has become increasingly attractive to both locals and foreigners, thanks to its booming economy, stunning landscapes, and affordable living costs. However, navigating rental agreements can sometimes be tricky, especially when currency preferences come into play. A common issue arises when a rental agreement is drafted in Turkish Lira (TRY), but the property owner insists on...
Buying a home is one of the most significant investments you will ever make. Without proper guidance, buyers can easily fall into financial pitfalls, overpay for a property, or overlook critical details. This is where experienced realtors play a crucial role. They help buyers navigate the complex real estate market, ensuring that every decision is well-informed and every dollar is well spent. Here’s how...
Türkiye’s real estate market continues to draw attention from local and international investors alike. The latest sales statistics from the last quarter reveal significant insights into the market's dynamics, trends, and opportunities. Whether you're eyeing residential properties, commercial spaces, or land investments, staying informed about the latest data is essential for making well-timed...
Buying or selling property is one of the most significant financial decisions you’ll make. While it may seem like the tools available online have made the process more accessible, the value of working with an experienced realtor cannot be overstated. One of their biggest advantages is their network of trusted connections—an invaluable asset that saves you time, money, and...
The real estate market can feel like an unpredictable ocean of ups and downs. However, skilled realtors know how to navigate market trends to land the best deals for their clients. From analyzing market data to understanding buyer psychology, realtors play an instrumental role in ensuring buyers and sellers achieve their real estate goals. In this blog, we’ll uncover how realtors decode market trends,...
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