Real property law
25 percent rent increase cap removed
The Turkish government has announced the removal of the "25 percent increase limit" on housing rents, effective on July 1.
The cap, which has been in place for the past two years to protect residential tenants amidst ongoing high inflation, limited the annual rent increase to 25 percent.
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Some 96,000 landlord-tenant disputes settled via mediation
More than 96,000 disputes between landlords and tenants were settled through the mandatory mediation scheme, data from the Justice Ministry have shown.
Mandatory mediation for rentals was introduced in September last year. Over the past 9 months, mediators have received a total of 191,276 disputes over rents and managed to resolve 96,461 cases.
State Budget: Surplus of 2.35 billion euros in the first five months
Excess of 13% in state revenues - 800 million euros more were paid in taxes
Airbnb: New tax measures and time caps with transitional period of adjustment
The government's plans for short-term leases - The parameters that will determine the final decisions
Police evacuates squat on Strefi Hill
Greek police reclaimed a municipal building on Strefi Hill, central Athens, from illegal squatters on Thursday as part of continuing efforts to evict individuals who systematically appropriate abandoned buildings and residences.
Officers found and confiscated two helmets and banners, and 174.35 euros, which will be sent to the Deposit and Loans Fund.
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Automatic filling of E9 form for donations
From July, the E9 property tax declaration will be filled in automatically for all cases of donations and parental concessions of real estate carried out through the myPROPERTY platform.
The scheme started last year with the automatic completion of the E9 form in cases of real estate sales and was extended to certain cases of parental benefits and donations.
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One in three debtors in and out of pay plans
Debts amounting to only 5.5 billion euros have been settled by debtors with dues to the tax authorities, while the total overdue balance exceeds €107 billion. According to the data of the Independent Authority for Public Revenue (AADE), 608,000 taxpayers and businesses have 850,625 active arrangements, with the total amount due amounting to €5.5 billion.
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Parliament OKs bill to set up new body to 'strengthen' Foreign Ministry
The Turkish parliament has passed an 11-article bill establishing a new foundation aimed at "enhancing the operations and service quality of the Foreign Ministry."
The new foundation, as outlined in the bill, is empowered to purchase, rent and construct all types of movable and immovable properties to support the ministry's functions.
Lamda Development: signed lease agreement with Costeas – Geitonas Schools in Elliniko
The long-term lease agreement entails the development and operation of an educational institution in Elliniko
Extra €11 bln declared in 2023
Declared incomes increased significantly last year, not only thanks to economic growth but also due to improvements in the tax mechanism.
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