Wednesday, August 16, 2017

Earthquakes in the Bodrum area, Turkey

The earthquakes/tremors are clustered around be the Bodrum area.

The earth would have moved in the Tuzla area and it would have felt very strong as the epicentre was in Dorteppe.

Thursday, May 25, 2017

More Short-Term Property Rentals in Turkey

Short-Term Property Rentals in Turkey - New Regulations

9th May 2017
As many of you may already be aware, the regulations for renting-out your property for short-term lettings has changed. The new regulations have come into force affecting Short-Term Rentals and owners are required to register their guests to the government system.
The system is called ‘Geçici İkamet Yerleri ve Kimlik Bildirme Projesi’ (GİYKİMBİL) or (Temporary Residency and Identification Project).

You must also pay tax for your short-term rentals. This is not new, however, home owners must first set up a Turkish company (sole trader or limited company) in order to comply with tax regulations.

How to Register for GİYKİMBİL
You may visit your local Jandarma or police station in your district to obtain the necessary software (free) and you may also purchase additional software to send the xml files. Companies such as Akçam Bilişim or 3T Bilişim provide this software ('Kimlik Bilgilenirme' Program)

Please note: Rental properties such as Villas or Apartments are classified as 'Pensions'. And these properites will require a license. This must be obtained from the Municipal Council. For this you must set up a Turkish company or register as a work permit holder.

Some of details requested for GİYKİMBİL include:

- Nationality
- Full name
- Date of birth
- Male/Female
- İdentity Number (passport number)
- Arrival dates & Exit dates to the property

Fine for NOT Registering your Property 10,383 TL
Fine for NOT Reporting guests 700 TL per day


According to some district Police & Jandarma (depending on which city you live in)  If the property is rented to family or friends without any commercial interest then you are not required to inform the authorities via the GIYKIMBIL System.

However, you should be aware that if an incident was to occur at the property (without the owner being present) and the guests where not registered via the GİYKİMBİL system, this may cause issues for the home owner.

We suggest you check with your local authority as this information is not consistent throughout the major cities in Turkey. 
Or if you prefer to register every guest regardless of whether or not they are paying, you may do so.
We also provide this service on behalf of the home owner for the Muğla regions & Kaş & Kalkan. (Antalya) Please see below.

Company Set-up
If you would like to set-up a company (sole trader or limited company) for the purposes of short-term rentals we provide a service for company set-up. However, this may not be an economically viable option for property owners with only 1 or 2 properties for Short-Term Rentals.

Saturday, April 8, 2017

Holiday rentals in Turkey 2017

ButThere has been information available for months about the new registration for short term holiday apartments and villas. The problem is as always  Turkey, laws are general issued, without enough information and with very little organisation. Headless chickens come to mind.
Although this new law may well be aimed at controlling the information required to track people location, it is clearly politically motivated against foreign property owners.
Hotels have had it rough, so what better way on ensuring a better season than by restricting foreigners rent is my their properties out. After all it is the rich that have politicians in their back pockets and rich people own hotels. İt is the same the world over.
So here is a very informative article from the Fethiye Times.

Sunday, March 5, 2017

March in Akyaka, Turkey

A gloriously sunny day in Akyaka Beach in Gokova Bay.
Temperatures about 20deg, slight breeze, and clear blue skies.
A perfect day to sit on the beach relax and have a beer, Turkish tea or coffee.

Wednesday, March 1, 2017

Michael Berk on Turkey

Tuesday, January 31, 2017

New Holiday Rental Laws for 2017

If you are thinking about short-term rentals for your property in Turkey, read this first or you could land yourself in trouble.

If you rent out your Turkish holiday home or investment property via Airbnb, a holiday letting agent or via your own website, even to friends and family, you need to be aware of imminent changes to the law in Turkey.

Turkey is still under in a state of emergency following the attempted coup earlier this year.

The laws are said to help prevent terrorism following the attacks on Istanbul airport where the attackers rented temporary accommodation.

All landlords who rent their properties in the short term, even for a day, may need to register all bookings and occupants with the authorities.

Landlords who do not comply could be prosecuted.

New legislation for short-term rentals

Last week, the Turkish daily newspaper Hürriyet Daily News (HDNreported that in an endeavour to prevent terror related crimes, new legislation for rented properties is being introduced.

Referring to the original story in the Turkish language daily, Star, HDN explained that residential property owners and rental companies, letting their properties short-term without a contract, will be dealt with severely if they fail to register tenants’ information with the authorities and do not pay tax.

Tough penalties for Non Compliance

The paper added that, according to regulations drawn up by the Customs and Trade Ministry, those who fail to give notice of their tenants’ information, however temporary their occupation, could be faced with prosecution for activities related to terrorism.

Currently, rental management companies and homeowners are able to rent their residential property for a short period, even by the day and these transactions require no written record or contract.

The ministry are concerned that this informal arrangement increases the risk of aiding terrorist organizations in their criminal activities, including those relating to the sex trade, as it helps them to stay below the radar and avoid being spotted by the security services.

Active discouragement

In order to discourage these unlawful activities, the new legislation will require all private and commercial property owners to give the authorities all the relevant information on their tenants, whatever the length of their short-term rentals, for each and every rental activity undertake.

This legislation has already been introduced in parts of Istanbul, following the June 28 Atatürk Airport terrorist attack.

Those responsible were reported to have made a short-term rentals close to the scene of the attack.

Stay Alert

All landlords should therefore keep an eye on the passage of the legislation and ensure they comply with any requirements that are enacted.

Landlords should also ensure that their tax records are up to date to avoid any anomalies that could arise if data is cross matched.

As soon as we get any update on this, we will post here.