A Presidential Decision

  • 2021-09-03 08:09 AM
  • أعمال و إستثمار

.A new decision was declared on August 31st. It was issued by President Recep Tayyip Erdoğan.

The decision concerns the privatization of 31 real estate parcels in tourist areas in more than five governorates, like Antalya, Mersin, and Izmir.

The official newspaper published the decision, that is related to the immovable property which includes the real estate parcels identified in the attached list. This should match the following conditions 

First, real estate property should be identified with the privatization program. 

Second, privatization should be achieved by applying one or more selling or leasing methods. Also, following the revenue partnership model, or legal savings, that fit the needs of the business.    , Moreover, non-real rights or operating rights of the property can be given.

Finally, the last date of accomplishing the procedures of privatization will be 31\12\2025

It's important to know that an area of 1,093,022 m2 in Alanya , Kestel area, is included in the decision.

What is Privatization?

Generally, privatization is the operation of converting the ownership of the public real estate property to private ownership. The benefit of this operation is mostly achieving cash flow to the Treasury.  

 

دولار امريكي
دولار امريكي
  • 1.000
    يورو
    يورو
  • 1.000
    ليرة تركية
    ليرة تركية
  • 1.000
    جنيه بريطاني
    جنيه بريطاني
  • 1.000 JOD
    دينار أردني
    دينار أردني
  • 1.000 AED
    درهم اماراتي
    درهم اماراتي
  • 1.000 IQD
    دينار عراقي
    دينار عراقي
  • 1.000 DZD
    دينار جزائري
    دينار جزائري
  • 1.000 SAR
    ريال سعودي
    ريال سعودي