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 […]

Istanbul’s Longest Rail Line will be Opened by the End of the Year

Istanbul’s Longest Rail Line will be Opened by the End of the Year

Mehmet Cahit Turhan, Minister of Transport and Infrastructure; told that the railway line between Halkalı and Gebze, which is 90 percent of the construction completed, will be put into service at the end of this year. The rail system transportation line between Gebze and Halkalı, which will be integrated with Marmaray will be put into […]

The World’s Largest Airport Opens with Grand Ceremony in Istanbul

The World’s Largest Airport Opens with Grand Ceremony in Istanbul

Istanbul 3rd Airport, the world’s largest airport opened with grand ceremony. The opening of the Istanbul New Airport was held with President Recep Tayyip Erdoğan. The opening of the giant project of Turkey’s 3. Istanbul Airport was held with a large ceremony. Many presidents, heads of states and ministers attended the opening ceremony of the 3rd […]

The Average Housing Prices Increased %15

The Average Housing Prices Increased %15

The average of housing square meter sales prices in Turkey has risen %15  in the last year. Prices increased to 2.193 TRY. The results of the report are as follows: In Turkey, the average size of houses is measured as 125 square meters, the average residential sales price per house is measured as 274 125, […]

Islamic Mortgage Step from Turkey Asset Fund

Islamic Mortgage Step from Turkey Asset Fund

Turkey Asset Fund Chairman Mehmet Bostan has told reporters at a meeting the following explanations: * Turkey Asset Fund signed framework agreement on Islamic mortgage development with ICD, a subsidiary of Islamic Development Bank. * Within the framework of the agreement, long-term interest-free loans are planned to be set up for those who want to […]

Is Şile a Good Investment Option?

Is Şile a Good Investment Option?

Şile region was used as a summer and tourism region until recently. However, with the highway being half an hour away from the center of Istanbul, its proximity to the sea and its magnificent nature, it is being studied closely by many construction companies now. Everyone is curious about what will happen in the near […]

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 […]

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. […]

Eurasia Tunnel Increases Housing Prices

Eurasia Tunnel Increases Housing Prices

The Eurasia tunnel, which will reduce the distance of 100 minutes between the two sides of Istanbul to 15 minutes, was opened on 20 December 2016 with the participation of President Recep Tayyip Erdogan, Prime Minister Binali Yıldırım and numerous foreign guests. The Eurasia Tunnel, which will not be affected by the earthquake and tsunamis, […]

DAP Yapı’s 4 Billion TRY Investment Plan

DAP Yapı’s 4 Billion TRY Investment Plan

DAP Yapı is to invest a total of 4 billion TL in 4 projects in 2017. Ziya Yılmaz, the Chairman of the Board of directors of Dap Holding, provided information concerning the investments and projects they are going to undertake. 4 billion investment in 4 projects in 2017 Ziya Yılmaz, who announced that a total […]

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