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 […]

Mortgage for Foreign Nationals in Turkey?

Mortgage for Foreign Nationals in Turkey?

There is high demand for the residential properties in Turkey from the citizens of the Gulf states in particular. So how do these sales take place? What are the rates of loan use? The mortgage legislation has been in effect in Turkey since 2007. However, even today, it is still a matter of debate as […]

What is the Biggest Issue for Foreign Investors?

What is the Biggest Issue for Foreign Investors?

The momentum achieved by the real estate sector in Turkey in the recent years is just as big an opportunity for the foreign nationals who wish to invest in Turkey, as it is for Turkey itself. Even if sales to foreign nationals have slowed down for reasons outside the control of the sector in the […]

Signatures Affixed for Galataport

Signatures Affixed for Galataport

Doğuş Group and Bilgili Holding have signed the 14 year term project financing agreement with a value of 1 billion 20 million Euros, to be used in the construction activities of the Galataport project. The Doğuş Group has taken an important step within the scope of the successful investments it has undertaken in the recent […]

Time Schedule for Mega Projects Working

Time Schedule for Mega Projects Working

İbrahim Çağlar, the President of the Istanbul Chamber of Commerce (ICC), has made important assessments concerning the development of the Turkish economy. İbrahim Çağlar, the President of the Istanbul Chamber of Commerce (ICC), said, “The fighting off of the terrorist actions of 15 July is a very important threshold not only for Turkey, but also […]

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