Turkey Ranks 5th in Property Price Increase

Turkey Ranks 5th in Property Price Increase

The results of Knight Frank’s “Global House Price Index” study have been announced. The countries where property proices have increased the most in order are: Iceland (17.8 percent), Hong Kong (14.4 percent), New Zealand (13.8 percent), Canada (13.5 percent), Turkey (13.3 percent), Malta (12.6 per cent), Czech Republic (11.5 per cent), Estonia (10.7 per cent) […]

Turkey Real Estate Sector Grew by 3.4

Turkey Real Estate Sector Grew by 3.4

Turkish Statistical Institute (TUIK) announced growth figures for the first quarter of 2017. Accordingly, in the first three months of this year, Turkey’s economy grew by 5.00 percent. While the industrial sector grew by 5.3 percent, the growth rate in the construction sector was 3.7 percent. The rate was 4.5 percent in the same period […]

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 […]

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 […]

Property Prices to Fall with Real Estate Certificate

Property Prices to Fall with Real Estate Certificate

The period of real estate certificate allowing properties to be divided into shares and sold out to pave the way for owning property and investing in new projects easily, has started in Turkey. Real estate certifications will be an important source of financing for construction companies. In this case, those who want to buy a […]

MIPIM to Welcome Most Attractive Istanbul Projects

MIPIM to Welcome Most Attractive Istanbul Projects

The Istanbul Chamber of Commerce (ITO) is preparing to bring a new breath to the world’s largest real estate fair MIPIM, held in Cannes, France, where the world’s wealthiest and prominent people are admitted, between March 13, 2017. The tent established by ITO is also located on the coastline this year, which is the most […]

Iranian Tourists Increasingly Interested in Van

Iranian Tourists Increasingly Interested in Van

More than 50 thousand Iranian tourists visited Kapıköy Border Gate in 2 months and visited Van. With its potential in cultural richness, history and faith tourism, the Eastern Anatolia Region, which hosts thousands of local and foreign tourists every year, is inundated with Iranian tourists. Due to the turmoil in Iraq and Syria, the stagnant […]

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 […]

Turkish Citizenship for $1 Million Property Purchase

Turkish Citizenship for $1 Million Property Purchase

The new conditions of being a Turkish citizen in the Official Gazette were published. $ 2 million fixed investment, or keeping 3 million dollars in the bank for 3 years will be granted citizenship. Turkish citizenship shall be granted to foreign nationals who invest at least US $ 2 million in fixed capital, or who […]

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