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News

THE LAW HAS BEEN PASSED THROUGH THE PARLIAMENT
THE PROPERTY SALES LAW TO FOREIGNERS HAS BEEN ACCEPTED

The property sales law, allows the foreigners to have property in Turkey , has been accepted in the Parliament with it’s related components. Because of the objection of the military authorities, the part of the draft which makes military defence and prohibited zones to be sold possible, has taken out from the text upon a proposal. The report came from sub commission, has been accepted by changing some parts with six proposals at the Justice Commission. Draft law makes foreigner , buy 2.5 hectares (25000m2) of land, possible. This proportion could be increased up to 30 hectares upon the decision of the ministers committee. ACCORDING TO THE DRAFT LAW Foreigners can buy properties as dwelling or commercial unit in the implementation building plan or within the allocated building plan, on the condition that they are mutual and comply with the law. Apart from foreigners and commercial companies ; associations , cooperatives , societies, congregations, assemblies will not be able to buy properties and they are not going to be given this right. The properties and rights in kind which are used against the law and their usage purpose will be converted to money within the time would be determined by the Ministry of Finance and given back to the owner. After the negotiations the draft law, concerning the title deed law to be changed , was accepted.

16.10.06

Tolerance Homes joined at the Property Fair in Domexpo, Moscow, Russia on 12-15th of October More...

17.03.07

We joined Golf Homes Worldwide Show in England  in March-2007. More...

23.03.07

Tolerance Homes joined at the Property Show in St. Petersburg. We received great impressions from all the three shows towards promotion and sales of our projects in Belek and decided to join the next shows in the future.More...

01.04.07

According to the law on property purchase by foreigners in Turkey enacted in January 2006 specific foreign nationals are now able to acquire real estate in Turkey and as a result of this move the mortgage market has reacted by opening up slowly to this new found market. More...

04.09.07

Tepe Akfen Airports Holding (TAV) is planning to focus more on Turkey's smaller airports in the future. 
“In the next five years part of our strategy will be to create boutique airports,” said TAV Executive Board Chairman and Chief Executive Officer Dr. M. Sani Shener.
“These airports will be low-cost airports in terms of investment and management expenses, but full of foreign passengers. We began to implement this concept with the recent opening of Batumi Airport in Georgia. We are now planning to apply the same strategy to the Antalya Gazipasha Airport," Shener said. More...
 

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