Property

Daily Hürriyet has expressed its serious concerns regarding freedom of the press, as well as the right to property and free enterprise, in an editorial Oct. 28 following a move to seize control of Koza ?pek Holding, which has interests in the media and other sectors.

Writing in an editorial that was published on Oct. 28, daily Hürriyet said:

The Finance Ministry is planning to abolish all exemptions that currently apply as far as the Single Property Tax (ENFIA) for next year is concerned. The notices that 6.1 million property owners are to receive by October 15 will be a rude awakening for many with the first instalment due by October 30.

Changes include:

You need to be royalty to afford being able to take a sip of Her Royal Highness cocktail at the famous champagne and cocktail bar Queen. Each slurp costs hundreds of euros because by the end of the drink you’ll have guzzled down an exorbitant 9,000 euros!!!

So what are the ingredients of the beverage? For those who feel it would be cheaper to make at home you’ll need:

A Council of State board has halted the execution of a cabinet decision on rapid expropriation of the land for Istanbul?s third airport project to the north of the city, determining there was no reasoning of the ?defense of the country? in the case.
 

Plans by the Montenegrin government to pass a special law to enable expropriation of the private property on the coast for the construction of a tourist complex has angered the local landowners, the media reported on Monday.

TeliaSonera and the other shareholders in Turkcell Holding have agreed to propose to the General Assembly meeting of Turkcell that the largest mobile company in Turkey will distribute dividends, which is calculated at around 4 billion Turkish Liras.

The president and two vice-presidents of Romania's Authority for Property Restitution, ANRP, resigned this week over delays in fulfiling the law to resolve the issue of property seized by the Communist regime.

Hungarian mayor in the north west of the country decided to rent the entire  village for just 690 euro per day.

The price includes everything exists in the village: streets, a bus stop, a barn, six horses, two cows, three sheep and a chicken yard on 10 acres of land.

By Nikos Roussanoglou

Athens ranks fifth out of 28 European city destinations for real estate investment in 2015, according to this year?s annual survey by the Urban Land Institute (ULI). Berlin tops the list, followed by Dublin, Madrid and Hamburg.

By Nikos Roussanoglou

Recent government initiatives aimed at rekindling demand in the property market are expected to prove fruitless due to the uncertainty generated by political developments.