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Legislative Proposal on the Rental of Residences for Tourism Purposes in Turkey and Amendments to Other Laws

October 2023 — On October 10, 2023, a “Legislative Proposal on the Rental of Residences for Tourism Purposes and Amendments to Other Laws” was submitted to the Presidency of the Grand National Assembly of Turkey and was adopted. The legislative proposal, which is expected to enter into force in the coming months, includes regulations on the activities, limitations and sanctions to be carried out in the secondary residence rental sector, as well as amendments to some laws (Law on Cappadocia Area, Law on Turkish Tourism Promotion and Development Agency, Law on Revolving Funds of the Ministry of Culture).

Please see our detailed article on the legislative proposal here:

Legislative Proposal on the Rental of Residences for Tourism Purposes in Turkey and Amendments to Other Laws

For further information please contact Ömer Erdoğan, Partner, Head of Real Estate, Gizem Esen, Senior Associate, Berke Yalçın, Associate or Bahar Bozdemir, Legal Trainee.