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Ten Things to Know before Letting Your Overseas Property

Saturday, July 12th, 2008    Posted by OP-Mall in Guides and Tips, Holiday Property

Fly-to-let Landlords have dealt with some pretty nasty events while renting out their property overseas. Every now and then we hear horror stories and some of them are reason enough to ruin the fun for good. While most tenants are as good as gold or close to, landlords can never be too careful with regards to protecting their own rights.

We have compiled a list if ten tips that will help you to stay on top as a fly-to-let landlord so you can sleep better at night. We hope they can serve as some kind of guideline. However, since every country has their own rental laws you are well advised to check legal issues with a lawyer before you become a landlord yourself.

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New Property Law in Turkey Bans Foreign Companies from Buying Turkish Property

Tuesday, March 18th, 2008    Posted by Overseas Property Mall in Turkish Property

Miracle Resort Hotel Antalya - Turkish Resort
A Resort in Antalya: With Turkey’s new FDI law in place foreign property developers have been barred from developing resorts like this

A law allowing the sale of real estate in Turkey to foreign companies was annulled by Turkey’s Constitutional Court last Friday. In an attempt to gain entry to the EU, Turkey’s centre-right government previously approved the law allowing the sale of Turkish property to foreign individuals and businesses. This however changed on Friday when the ruling of Turkey’s Constitutional Court favoured the nationalist-leaning Republican People’s Party.

This decision by the court would ultimately affect companies specifically set up to acquire property in Turkey by foreign investors through joint ventures.

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