January Sales Figures to Foreigners

January Sales Figures to Foreigners

Foreign interest for property in Turkey continues In January 2019, housing sales to foreigners increased by %81.9 compared to the same month of the previous year and became 3.168 units. Foreign Interest in Property Sales Citizenship process, cash buying power, the effects of the increase in currencies made the market very advantageous for foreigners. It […]

Istanbul, First Choice of Foreign Investors

Istanbul, First Choice of Foreign Investors

The city where the foreigners bought the most property is Istanbul with a share of 36%. According to TUIK data, 39,663 houses were sold to foreigners in 2018. According to this data, home sales for foreigners increased by 78% compared to the previous year. The city where the foreigners bought the most property is Istanbul with […]

New Housing Prices Rise in January 2019

New Housing Prices Rise in January 2019

In january home sales prices in Turkey have a nominal increase of 2.79% compared to the same period of the previous year. According to REIDIN-GYODER New Home Price Index, In January, there is a nominal increase of 0.05% compared to the previous month; 2.79% compared to the same period of the previous year, 83.90% compared to […]

No More Urban Transformation Projects will be Left Unfinished

No More Urban Transformation Projects will be Left Unfinished

The Minister of Environment and Urbanization Mr. Murat Kurum gave a speech at the New Term in Urban Transformation Presentation Meeting. Murat Kurum said; “No more constructions will be left unfinished in our country. In this sense, the guarantee system has been put into operation.” “In the future an urban transformation project will have to […]

Foreigners’ Square Meter Purchases Increase by %144

Foreigners’ Square Meter Purchases Increase by %144

The size of the property as an area which Foreign investors purchased in Turkey in 2018 increased by 144 percent compared to the previous year. Foreign investors as the size of the surface area of ​​the property they purchased in Turkey in 2018 was 11 million 420 thousand 700 square meters. In 2018 total sales […]

Land Registry Offices in 12 Countries

Land Registry Offices in 12 Countries

General Directorate of Land Registry will open representative offices in 12 countries Murat Kurum Minister of Environment and Urbanism said that “General Directorate of Land Registry will open representative offices in 12 countries”. “We are in the second place in the field of contracting after China all over the world. Our construction and contracting sector […]

Kuzey Yakası, the New District of Istanbul

Kuzey Yakası, the New District of Istanbul

Kuzey Yakası project is being developed by Emlak Konut GYO (REIT) in the new developing area of ​​Istanbul   Kuzey Yakası Project will transform the Başakşehir district into a new attraction center with its world-class housing projects, metro lines, integrated transport networks, social and cultural areas, shopping centers, schools, sports fields, hotels, zoo and city […]

We Will Solve the Fikirtepe Issue

We Will Solve the Fikirtepe Issue

Istanbul Metropolitan Municipality Presidential candidate Binali Yıldırım talked about the urban transformation project in Fikirtepe. Our first job is to invite all companies Yildirim said, “There are urban transformation problems related to the companies in Fikirtepe.” Stating that they can not be insensitive to the topic, “The job we’re going to do is very clear. We […]

New Record in Housing Sales to Foreigners

New Record in Housing Sales to Foreigners

Turkish Statistical Institute (Tuik) has announced the number of housing sales to foreigners in 2018   According to the annual report, Housing sales to foreigners in 2018 broke a new record. in 2018 total sales of 40.044 units took place and increased by 79% compared to last year. In 2017, this figure was 22.428 units. In 2018, with […]

Four New Housing Projects from TOKI

Four New Housing Projects from TOKI

A total of 1437 houses will be constructed with 4 projects to be tendered by TOKI (Presidency of Housing Development Administration) in January Housing Development Administration of Ministry of Environment and Urbanization,  to tender 4 housing projects in the first month of the new year. On January 9, 2019 Wednesday, the first tender of the […]

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