Region
Istanbul
Urban regeneration, tenancy and building management matters for residences, older apartment blocks and commercial property.
Overview
Property in Istanbul presents a layered picture of older apartment blocks, high-rise residences, mixed-use developments and commercial buildings. Urban regeneration is on the agenda for a significant part of the building stock. In investment purchases, tenancy relationships and building management matter as much as ownership itself.
Istanbul office
Common legal questions
- Urban regeneration
Designation of at-risk buildings, the decision-making process among owners and flat-for-land agreements with the contractor are the main legal steps of regeneration.
- Residence management
In residences, the management plan, the relationship with the professional management company and the allocation of service charges are frequently raised.
- Rent determination and eviction
Under Turkish Code of Obligations No. 6098, rent determination and eviction proceedings are assessed separately from the landlord’s and the tenant’s perspective.
- Commercial property and corporate structure
When acquiring an office or shop, whether to hold the property through a company or personally is considered together with its tax and management aspects.
- Listed and historic buildings
Repairs and changes of use in listed buildings are subject to conservation legislation; these restrictions are reviewed before purchase.
This content is for general information only and does not constitute legal advice.