News

Previously restricted neighborhoods in Alanya, a municipality and district of Antalya Province, Turkey, are now available again for first-time property-based residence permit applications. As of June 2026, buyers can use addresses in Mahmutlar, Kestel, Avsallar, and Kargıcak when applying for a residence permit in Turkey (İkamet) through property ownership, provided the property an...

Overview of İzmir’s Real Estate Market İzmir is a self-sustaining real estate market driven by local wealth rather than foreign holiday budgets. Because demand is supported by permanent residents, local professionals, students, and domestic buyers, İzmir is less exposed to the seasonal liquidity swings seen in resort-driven markets. However, İzmir is highly fragmented: an old waterfront apartm...

Why Spanish Property Checks are Getting Tighter Foreign buyers can purchase property in Spain without major ownership restrictions, but the financial side of the transaction now requires clear documentation. Before completion, banks, agencies, lawyers, and notaries must verify the buyer’s identity, source of funds, and payment route. KYC and AML checks rarely delay a purchase when documents are prepared in advance. Problems usually arise after buyers sign a binding contract, transfer funds, or schedule the notary appointment without first confirming what complian...

What Is a TIE Card in Spain and What Is It Used For? The TIE, or Tarjeta de Identidad de Extranjero, is a physical identity card for foreign nationals in Spain. It confirms that a person has a recognised right to stay in the country under a specific immigration route. The card does not replace a passport and does not give the right to live in Spain by itself. First, the person must receive an approved status, such as residence, a study stay, a work permit, or family-based resid...

Types of Rental Income in Spain For many foreign buyers, a home in Spain is not only a place for holidays or future relocation. It can also help cover annual ownership costs and bring in income when the owner is not using it. Property in Spain can be rented out in several ways: as a long-term rental, seasonal rental, short-term tourist rental, or through a mixed approach where the owner stays in the home fo...