Foreign Purchases Of Real Estate In Turkey
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Foreign Purchases Of Real Estate In Turkey
Land ownership in Turkey had been constrained by the Ottoman Empire in the 19th century. This was to prevent foreigners from competing with natives for desirable property. This policy was continued when Turkey became independent in the early 20th century. The policy was relaxed during the 21st century. In 2003, property purchases were opened to foreign nationals though restrictions were retained for various provinces. When these restrictions were violated in 2005, the law was annulled by Turkish courts. Despite this, property purchases continue. As of 2008, 63,085 properties had been sold to over 73,103 foreigners. This includes of land valued at US$10.4 billion, mostly by German, British and Greek citizens. Land ownership in Turkey The Turkish government controls a high proportion of land, either directly, under the authority of the Undersecretariat of Treasury or indirectly through the inheritance and management of Ottoman foundations under the authority of the Genera ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
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Real Estate Agent
A real estate agent or real estate broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Buyers and sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency. Many states require written disclosures to be signed by all parties outlining the duties and obligations. Generally, real estate brokers or agents fall into four categories of representation: *Seller's agents, commonly called "listing brokers" or "listing agents", are contracted by owners to assist with marketing property for sale or lease. *Buyer's agents are brokers or salespersons who assist buyers by helping them purchase property. *Dual agents help ...
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Scandinavia
Scandinavia; Sámi languages: /. ( ) is a subregion#Europe, subregion in Northern Europe, with strong historical, cultural, and linguistic ties between its constituent peoples. In English usage, ''Scandinavia'' most commonly refers to Denmark, Norway, and Sweden. It can sometimes also refer more narrowly to the Scandinavian Peninsula (which excludes Denmark but includes part of Finland), or more broadly to include all of Finland, Iceland, and the Faroe Islands. The geography of the region is varied, from the Norwegian fjords in the west and Scandinavian mountains covering parts of Norway and Sweden, to the low and flat areas of Denmark in the south, as well as archipelagos and lakes in the east. Most of the population in the region live in the more temperate southern regions, with the northern parts having long, cold, winters. The region became notable during the Viking Age, when Scandinavian peoples participated in large scale raiding, conquest, colonization and trading mostl ...
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Cappadocia
Cappadocia or Capadocia (; tr, Kapadokya), is a historical region in Central Anatolia, Turkey. It largely is in the provinces Nevşehir, Kayseri, Aksaray, Kırşehir, Sivas and Niğde. According to Herodotus, in the time of the Ionian Revolt (499 BC), the Cappadocians were reported as occupying a region from Mount Taurus to the vicinity of the Euxine (Black Sea). Cappadocia, in this sense, was bounded in the south by the chain of the Taurus Mountains that separate it from Cilicia, to the east by the upper Euphrates, to the north by Pontus, and to the west by Lycaonia and eastern Galatia. Van Dam, R. ''Kingdom of Snow: Roman rule and Greek culture in Cappadocia.'' Philadelphia: University of Pennsylvania Press, 2002, p.13 The name, traditionally used in Christian sources throughout history, continues in use as an international Tourism in Turkey, tourism concept to define a region of exceptional natural wonders, in particular characterized by fairy chimneys and a unique ...
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Ürgüp
Ürgüp ( el, Προκόπιο ''Prokópio,'' or Cappadocian Greek: ''Prokópi'', ota, Burgut Kalesi) is a town and district of Nevşehir Province in the Central Anatolia region of Turkey. It is located in the historical region of Cappadocia, and near the cave Churches of Göreme. According to 2010 census, the population of the district is 34,372 of which 18,631 live in the town of Ürgüp. The district covers an area of , and the town lies at an average elevation of . Cappadocia is one of Turkey's largest wine-producing regions, with Ürgüp as its capital. Uphill from Hotel Surban, the renowned Turasan Winery supplies 60% of Cappadocia's wines and offers free tours and tastings in its rock-carved wine cellar. According to the Ottoman General Census of 1881/82–1893, the kaza of Ürgüp had a total population of 23,030, consisting of 19,880 Muslims, 3,134 Greeks and 16 Armenians.Kemal Karpat (1985)''Ottoman Population, 1830-1914, Demographic and Social Characteristics'' The Un ...
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Kuşadası
Kuşadası () is a large resort town on Turkey's Aegean Sea, Aegean coast, and the center of the seaside district of the same name within Aydın Province. Kuşadası is south of İzmir, and about from Aydın. The municipality's primary industry is tourism. The mayor of the district is Oğuzhan Turan. Geography The city is situated along a Gulf of Kuşadası, gulf of the same name in the Aegean. The island of Güvercinada (in English: ''Pigeon Island'') is connected to mainland Kuşadası by a causeway, and is situated adjacent to the large hill of Kese Dağı near the town centre, center of town. It is located south of İzmir, the area's metropolitan centre, and approximately in driving distance from the provincial seat of Aydın, depending on the route taken. Its neighbours are Selçuk to the north, Germencik to the north-east, and Söke to the east and south. Demographics The district of Kuşadası had a total residential population of 121,493 in 2020, though th ...
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Bodrum
Bodrum () is a port city in Muğla Province, southwestern Turkey, at the entrance to the Gulf of Gökova. Its population was 35,795 at the 2012 census, with a total of 136,317 inhabitants residing within the district's borders. Known in ancient times as Halicarnassus, the city was once home to the Mausoleum at Halicarnassus, also known as the tomb of Mausolus, one of the Seven Wonders of the Ancient World. The city was founded by Dorian Greeks. It later fell under Persian rule and became the capital city of the satrapy of Caria. Mausolus ruled Caria from here, and after his death in 353 BC, his wife Artemisia built a tomb, called the Mausoleum, for him. Macedonian forces laid siege to the city and captured it in 334 BCE. After Alexander's death, the city passed to successive Hellenistic rulers and was briefly an independent kingdom until 129 BCE, when it came under Roman rule. A series of natural disasters and repeated pirate attacks wreaked havoc on the area, and the city lost ...
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Didim
Didim is a small town, popular seaside holiday resort, and district of Aydın Province on the Aegean coast of western Turkey, from the provincial capital city of Aydın. Didim is the site of the antique city of Didyma with its ruined Temple of Apollo. Etymology Didim takes its name from ancient Didyma, situated close to the modern town. During the Ottoman Empire era, the town was known as ''Yoranda'' or ''Yoran'', and under the modern Republic of Turkey, it was originally named ''Hisar'' ("Castle"). Following its destruction in an earthquake in 1955, the town was rebuilt and renamed ''Yenihisar'' ("New Castle"). The town was part of Söke district until 1991. The area became a top-level district of Aydın Province and was given the ancient name ''Didim'' in 1997 to distinguish it from the many other places in Turkey named Yenihisar. Geography Didim is located on the north shore of the gulf of Güllük, opposite Bodrum peninsula villages such as Torba, Türkbükü, and Yalı ...
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Fethiye
Fethiye () is a city and district of Muğla Province in the Aegean Region of Turkey. It is one of the prominent tourist destinations in the Turkish Riviera. In 2019 its population was 162,686. History Fethiye was formerly known as Makri (). Modern Fethiye is located on the site of the ancient city of Telmessos, the ruins of which can be seen in the city, e.g. the Hellenistic theatre by the main quay. A Lycian legend explains the source of the name Telmessos as follows: The god Apollo falls in love with the youngest daughter of the King of Phoenicia, Agenor. He disguises himself as a small dog and thus, gains the love of the shy, withdrawn daughter. After he reappears as a handsome man, they have a son, who they name 'Telmessos' (the land of lights). The city became part of the Persian Empire after the invasion of the Persian general Harpagos in 547 BC, along with other Lycian and Carian cities. Telmessos then joined the Attic-Delos Union (Delian League) established in mid-5 ...
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Alanya
Alanya (; ), formerly Alaiye, is a beach resort city and a district of Antalya Province on the southern coast of Turkey, in the country's Mediterranean Region, east of the city of Antalya. As of Turkey's 2010 census, the city had a population of 98,627, while the district that includes the city and its built-up region had an area of 1,598.51 km2 and 248,286 inhabitants. Because of its natural strategic position on a small peninsula into the Mediterranean Sea below the Taurus Mountains, Alanya has been a local stronghold for many Mediterranean-based empires, including the Ptolemaic, Seleucid, Roman, Byzantine, and Ottoman Empires. Alanya's greatest political importance came in the Middle Ages, with the Seljuk Sultanate of Rûm under the rule of Alaeddin Kayqubad I, from whom the city derives its name. His building campaign resulted in many of the city's landmarks, such as the Kızıl Kule (Red Tower), Tersane (Shipyard), and Alanya Castle. The Mediterranean climate, natural ...
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Turkish Constitutional Court
The Constitutional Court of Turkey ( tr, , sometimes abbreviated as ''AYM'') is the highest legal body for constitutional review in Turkey. It "examines the constitutionality, in respect of both form and substance, of laws, decrees having the force of law, and the Rules of Procedure of the Turkish Grand National Assembly" (Article 148/1 of the Turkish Constitution). If necessary, it also functions as the Supreme Criminal Court ( tr, Yüce Divan) to hear any cases raised about the President, Vice President, members of the Cabinet, or judges of the high courts. In addition to those functions, it examines individual applications on the grounds that one of the fundamental rights and freedoms within the scope of the European Convention on Human Rights which are guaranteed by the Constitution has been violated by public authorities (Article 148/3 of the Turkish Constitution). The Court is the seat of the Center for Training and Human Resources Development of the Association of Asian Con ...
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