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 […]

Real Estate Sells Eventually, What about Investment Conditions?

Real Estate Sells Eventually, What about Investment Conditions?

As you might know, the “Regulation on the Amendment of the Regulation on the Implementation of the Turkish Citizenship Law” was published in the Official Gazette and entered into force. Foreigners who make a fixed capital investment of at least $ 2 million, or purchase at least $1 million of immovable property, not sold for […]

Arabs to Invest 100 Billion Dollars in Turkey

Arabs to Invest 100 Billion Dollars in Turkey

The biggest companies in Saudi Arabia, Qatar and the United Arab Emirates are coming to invest hundreds of billions of dollars in Turkey. United Arab Emirates-based Abu Dhabi Investment Group Chairman Zayed Bin Aweidha emphasized that the political and economic cooperation of Turkey and the Gulf countries is continuing rapidly. In the coming period, Saudi […]

Do Foreigners Invest in Turkey?

Do Foreigners Invest in Turkey?

Do foreigners invest in Turkey? The answer to this question is a huge NO! So many properties are sold to foreigners in Turkey. You may be asking if these are not investments. No, they are not, they are merely ordinary properties that they buy to stay in Turkey when they come from time to time. […]

Istanbul | The First Preference of Foreign Investors

Istanbul | The First Preference of Foreign Investors

GYODER has published its 3rd Quarter Indicators Report. According to the report, while a total of 936 thousand 615 residential properties were sold in Turkey between January – September 2015, it is emphasized that the figure for the same period of 2016 is 935 thousand 811. It is underlined that the ‘Union of Forces in […]

Wealthy Syrians Investing in Turkey

Wealthy Syrians Investing in Turkey

The fact that Turkey is an area of stability within its region is directing the businessmen of countries such as Iraq, Libya and Syria, which are struggling against civil wars, to Turkey. Hundreds of businessmen, who originally went to Saudi Arabia and the Gulf states, could not find what they were seeking there due to […]

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