Vedat Arslan: Property Market Conditions Changed

Vedat Arslan: Property Market Conditions Changed

Vedat Arslan, General Manager of Aremas Real Estate, speaking at RE360; “In the target countries, real estate projects promotion and support offices should be established as soon as possible” Vedat Arslan, the founder of Aremas Real Estate, made a presentation titled “Conditions in Housing changed, Market Changed, Solution Changed!” at the Big Meeting in Real […]

Iranian Citizens Who Bought Property from Turkey…

Iranian Citizens Who Bought Property from Turkey…

There is a great increase in the number of Iranian citizens who purchased estate from Turkey. According to figures released by the statistical agency of Turkey (TUIK), there is a great increase in the number  of foreign citizens who bought property from Turkey. And the most significant increase is the interest of Iranian citizens. According […]

Sales to Foreigners Increased %152 in September

Sales to Foreigners Increased %152 in September

The number of houses bought by foreigners in Turkey in September was 5.662, and increased %152 compared to the same period last year. In the January-September period of this year, housing sales to foreigners increased by %59 compared to the same period of the previous year and reached 24.385 units. The first city preference of […]

Foreign Interest in Branded Projects Rising

Foreign Interest in Branded Projects Rising

According to the results of the REIDIN-GYODER New Housing Price Index, in June, 10 percent of branded housing projects were sold to foreign investors. This rate is 3 points above the average of the last 6 months. Foreign investor sales were 6 percent in February, 8 percent in March and April, and 7 percent in […]

Good News for Fi Yapı and Dumankaya Victims

Good News for Fi Yapı and Dumankaya Victims

The German consortium will take Garip Islan in İzmir Dikili in exchange for completing the 9 remaining projects of Fi Yapı and Dumankaya in SDIF management. The company will also start two property projects in Fikirtepe. The Savings Deposits Insurance Fund (SDIF) has signed a consortium consisting of German Drees & Sommer, subsidiaries Eurabau and […]

262 Towers Introduced to Sector and Investors

262 Towers Introduced to Sector and Investors

The 262 Towers project, which was founded by the Arab-Turkish partnership Bambau REIT, was introduced to the real estate sector and investors at a press conference held on 22 May. Bambau REIT, which was established with the partnership of Burçin Şahin İnşaat, Mekkeli Investment and Almarasim, introduced the 262 Towers project, which was started to […]

Turkey has to Lobby Abroad

Turkey has to Lobby Abroad

Speaking at the session entitled “Real Estate: The New Direction of Growth” at the Uludağ Economic Summit, DAP Holding Chairman Ziya Yılmaz said, “We should introduce our country more with its history, culture and natural beauties.” Ziya Yılmaz, who stated that $ 58 billion worth of housing was sold abroad in London, said: “The United […]

Time to Encourage Foreign Real Estate Investor

Time to Encourage Foreign Real Estate Investor

Ağaoğlu Group of Companies President of Group Business Development / Executive Board Member Burak Kutluğ offered 5 concrete suggestions in his speech at the 5th Construction and Housing Conference. “Providing competitive incentives compared to alternative countries, introducing VAT, stamp and duties exception, inclusion of the industry in foreign exchange earning services, leverage and encouraging promotional […]

Arabs Discovering Şile, Istanbul’s Back Garden

Arabs Discovering Şile, Istanbul’s Back Garden

The expansion of the boundaries of mega-city Istanbul, the intense traffic problem in the city, leads people to settle in tranquil areas. One of these is Şile, an old coastal area of Istanbul. Şile can be reached in a 30-minute drive thanks to the new Istanbul-Şile motorway. According to the 10-year plan prepared by Şile […]

Foreign Investors can Obtain Turkish Citizenship

Foreign Investors can Obtain Turkish Citizenship

Regulations in Turkey’s Official Gazette state foreigners who own real estate in Turkey worth a min. $1 mn with the special condition of not selling it for at least 3 years will be able to access Turkish citizenship. The regulation covers the following items; Investors must hold at least $1 mn in real estate, which […]

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