bickern

Member
Foreigners pass up on home purchases in Turkey due to extraordinary bureaucracy
The process involved in sale of homes to foreigners in Turkey is still full of problems for all sides. Various bureaucratic barriers and security investigations that take a long time are turning out to be quite expensive for Turkey in the end.

The fact that permission often takes six months to come from the Aegean Army Command headquarters means that many foreigners simply give up on their plans to buy homes in the end. According to information provided by sector representatives, around seven out of 10 sales wind up being cancelled due to these factors. It appears that the wounds have still not healed from the experience of having the Turkish Constitutional Court render decisions on two different occasions to cancel permission for the sales of homes to foreigners. Now real estate agents are calling for the bureaucratic barriers blocking the sales of homes to foreigners in Turkey to be finally lifted, with hopes that this will help enliven the housing sales sector.

Foreigners pass up on home purchases in Turkey due to extraordinary bureaucracy - Today's Zamam
 
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