When buying property in Turkey, especially in rapidly growing areas like Alanya, many buyers are drawn to newly developed complexes with modern amenities, competitive prices, and promising investment potential. However, one common concern arises when these complexes are located near empty plots of land. - What will be built on these empty plots? - Will future development affect my property’s value, view, or quality of life? - How can I ensure I’m making a safe and informed investment? This guide will explain how to check future development plans for empty plots near your potential property and what to pay attention to when purchasing in an area still under development. Why Future Development Matters The future of empty plots near your property can significantly impact your investment in several ways: Property Value Positive Impact: If the empty plots are zoned for commercial centers or green spaces, your property’s value may...
Spring and early summer mark the high season for General Assemblies in residential complexes. During these meetings, important decisions for the upcoming year are made, new boards are elected, and preparations for the summer season begin. General Assemblies can sometimes become quite lively, as residents may not always agree on what needs to be done, when, or by whom. When disagreements arise, they are typically resolved through voting. It is therefore crucial to be familiar with the rules and regulations governing the voting process, as outlined in Turkish law—specifically the Condominium Ownership Law (Kat Mülkiyeti Kanunu). These rules determine how many votes a single person can hold and how many proxies (power of attorneys) one can represent. Key Points to Remember: Vote Limit per Person or Entity: A single person or entity (such as a company or organization) can hold a maximum of one-third (1/3) of the total registered valid votes at the meeting. Example: In a complex wi...