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Row Over Property Sales To Foreigners Grips Panel


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#1 Abi

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Posted 25 June 2012 - 03:45 PM

A row occurs in Parliament’s Constitution Conciliation Commission over foreigners’ purchasing real estate. While main opposition CHP and the MHP ask for a limitation on sales, the ruling AKP and the BDP object




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Saudi King Abdullah reportedly plans to build villas on Istanbul’s Love Hill. AA photo


A crisis over the issue of foreigners purchasing real estate in Turkey has occurred in Parliament’s Constitution Conciliation Commission.

The main opposition Republican People’s Party (CHP) and Nationalist Movement Party (MHP) asked for a limitation on foreigners purchasing real estate in Turkey, claiming that many people from foreign countries and particularly from Israel are buying land in Turkey with fake contracts.

The ruling Justice and Development Party (AKP) and Kurdish issue-focused Peace and Democracy Party (BDP) have objected to this. The related article could not be written after the argument escalated.


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#2 sunny

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Posted 27 June 2012 - 01:24 PM

Oh dear, so until they agree foreigners are going to have to wait to buy property, if it's possible after the decision.

#3 Abi

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Posted 27 June 2012 - 02:23 PM

That's what I thought when I read the article as well Sunny. Of course it hasn't helped matters now that Syria has shot down that Turkish plane, as I expect all focus will be put on that and everything else goes on the back burner. Still, one can only hope that they will get on and sort it out sooner rather than later.