Property News from Turkey

Property news releases published by TERRA Real Estate for latest developments on real estate market analysis, Turkish economy,  tourism in Turkey, political matters, property investment and living in Turkey.  

Take Benefit of the Turkish Lira Cheap Exchange Rate

Take Benefit of the Turkish Lira Cheap Exchange Rate

The lira had its most volatile month in December, falling practically every day and eventually reaching an all-time low of 20.04 against the euro on December 20, when Turkey's currency had lost more than 60% of its value against the euro this year. Turkey is in the midst of an economic crisis, with official inflation rates above 21%, hurting food, fuel, and home goods costs. Are there any advantages of a low lira rate? Economic Inflation and Its Impact on the Turkish Real Estate Market One of the most important areas of the Turkish economy is real estate, whic...
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Residence Permit in Turkey

Residence Permit in Turkey

Anyone who intends to stay in Turkey for longer than 90 days will need to apply for a residence permit. Students, employees, foreigners married to Turkish nationals who have yet to get citizenship, anyone performing scientific research, and foreign property buyers are all included in this category. People who want to stay for less than that amount of time (except for some countries with visa agreements) can apply for a tourism e-visa, however, they can only stay in Turkey for 90 days out of 180 days. If a foreigner owns property in Turkey, he or she is granted a residenc...
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What You Need to Know About Turkish Culture and Traditions

What You Need to Know About Turkish Culture and Traditions

Turkish culture is a diverse and complex legacy that exists in a dynamic relationship with Anatolian, Eastern Mediterranean, Central Asian, and Islamic civilizations. Traditions and attitudes established throughout the Seljuk and Ottoman Empire periods are frequently carried on. Turkey has long been seen as a tourist destination and seemed to be a bridge connecting the East with the Western world. With all of its Turkish traditions and culture, Turkey has undergone significant transformations. Economic professionals and specialists can shed light on the perceived differences in cu...
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Moving to Turkey: Guide for Foreigners Relocating Overseas

Moving to Turkey: Guide for Foreigners Relocating Overseas

If you're considering living in Turkey as an expat, you've chosen a wonderfully diversified country with a lot to offer. Thousands of working and retired foreigners have settled in Turkey's towns, cities, and villages. The diversity of nations is also noteworthy. Europeans, Asians, and Middle Eastern nations living in Turkey demonstrate cultural tolerance and friendliness for foreigners, and Turkey openly encourages anybody to participate in and contribute to Turkish society. So, in this post, we'll look at why people relocate, how to become an expat, and all you need to kno...
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Turkey Latest Update in COVID-19 Restrictions

Turkey Latest Update in COVID-19 Restrictions

Turkey Travel and Entry Restrictions 2021: COVID-19 Update We have listed the newest restrictions regarding persons incoming to Turkey from other countries. These restrictions are starting from 4th September 2021. For people coming from Brazil, South Africa, Nepal, and Sri Lanka  As a result, until a new judgment is made, the practic...
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