Turkey Real Estate 2017 Forecasts

Turkey Real Estate 2017 Forecasts

PWC Turkey hosted the ‘2017 Real Estate Sector Predictions’ roundtable meeting jointly organized by the Real Estate Turkey (GMTR) Magazine and Center for Strategic Thinking in Real Estate (GİSP). Managing PWC Real Estate Sector Country Leader Ersun Bayraktaroğlu opened the meeting by asking some distinguished speakers how they expected a 2017 year. Opinions were exchanged […]

Turkish-Arab Chamber to Boost Investments

Turkish-Arab Chamber to Boost Investments

Turkish and Arab Chambers have merged, forming the Turkish-Arab Chamber. The Turkish-Arab Chamber, which aims to increase the rising commercial volume to much higher levels, is set to begin its activities. Commerce with Arab area reached 47 billion dollars Rifat Hisarcıklıoğlu, the President of the Turkish Union of Chambers and Commodity Exchanges, said, The Turkish-Arab […]

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 […]

4 Hints for Quick Property Purchase in Turkey

4 Hints for Quick Property Purchase in Turkey

Buying your own property is an important step in your life. Therefore, you need to pay attention to the small details when going after the home of your dreams in Turkey. Without the right help, you could spend months or even years searching for the perfect place. Together with this, if you take into account […]

Turkey Not to Let Down its Investors

Turkey Not to Let Down its Investors

In his speech at the ship sendoff ceremony at the Tuzla-Sedef Shipyard, President Recep Tayyip Erdoğan said, “Turkey has not and will not let down anyone who believed and had faith and invested in it. An important section of international investors continuing to increase their investments in our country because they have seen this reality.” […]

Turkey Displays Better Performance Than Expected

Turkey Displays Better Performance Than Expected

Sergei Guriev, the Chief Economist at the European Bank of Reconstruction and Development (EBRD), assessed the investment potential and economy of Turkey. Guriev, who underlined that there were a large number of political and geopolitical difficulties for Turkey, said that while there had been a slowdown in the economy, 3 percent was still a healthy […]

Foreign Investment in Turkey Continues

Foreign Investment in Turkey Continues

Foreign investors have continued with their projects in Turkey despite the attempted coup on 15 July. The interest of foreign organizations in Turkey could not be stopped by the attempted coup. Despite the treacherous attacks of FETO, the interest of foreign organizations in the investments in Turkey continued. Just recently, 1.1 billion dollars of investment […]

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 […]

Fall in Credit Note not to Affect Foreign Investors

Fall in Credit Note not to Affect Foreign Investors

Metin Canoğulları, who has been appointed as the President of Ernst & Young (EY) Turkey, said that the fall in the credit note would not lower the interest of investors in Turkey. Canoğulları pointed out that Turkey has strong internal market dynamics and a great potential due to its position, and said, “Where will the […]