Gulf Businessmen Apply for Turkish Citizenship

Gulf Businessmen Apply for Turkish Citizenship

Number of foreign businessmen applying for Turkish citizenship reached 2 thousand The number of foreign businessmen who want to become citizens of the Republic of Turkey has reached 2 thousand. Most of these are Middle Eastern businessmen Reduction of 1 million USD real estate purchase requirement to 250 thousand USD increased citizenship applications in Turkey. Since […]

Housing Sales to Foreigners in Turkey will Continue to Grow

Housing Sales to Foreigners in Turkey will Continue to Grow

Housing sales to foreigners increased by %71.3 compared to the same month of the previous year In March 2019, 3.129 houses were sold to foreigners in Turkey. In the housing sales made for foreigners, Istanbul ranked first with a total of 520 housing units. Istanbul was followed by Antalya, Ankara, Bursa and Yalova, respectively. Industry experts […]

How Many Units Sold to Foreigners in February?

How Many Units Sold to Foreigners in February?

In February 2019 a total of 78.450 residential units were sold in Turkey. Foreign nationals bought 3.321 of these houses. Housing sales to foreigners increased by 92.1 percent compared to the same month of the previous year and became 3.321 units. Istanbul ranked first in February 2019 with 1,440 house sales. Istanbul was followed by Antalya with […]

We Must Work to Attract Premium Investments

We Must Work to Attract Premium Investments

Presidential Investment Office Chief Arda Ermut said “We have to improve the investment projects in Turkey” Presidential Investment Office Chief Arda Ermut, speaking at International real estate exhibition MIPIM held in Cannes, said that “efforts were made to introduce the investment environment and to pave the way for investors coming to Turkey.” “While we have attracted […]

Important Progress for Foreign Investors

Important Progress for Foreign Investors

Turkey is expected to create a more secure environment in foreign property purchases With the law published on September 19, 2018, foreigners are required to purchase 250 thousand dollars worth of immovable property to earn Turkish citizenship. A minimum purchase price of $ 1 million was reduced to $ 250,000 in the new regulation. Real estate valuation […]

Countdown to the 13th Real Estate Fair and Arabic-Turkish Summit

Countdown to the 13th Real Estate Fair and Arabic-Turkish Summit

The recent increase in the Gulf capital’s interest in the Turkish real estate sector is expected to reach the highest point with the 13th Real Estate Fair and the Arabic-Turkish Summit Last year, 7,000 visitors attended and millions of dollars of trade was held in the fair. this year, a larger participation is expected with the […]

New Arrangement for Sales to Foreigners

New Arrangement for Sales to Foreigners

After 4 March 2019 “Valuation Report” will be asked for the completion of the transaction for the sale of properties purchased by foreign investors in Turkey With this new regulation, it will be provided to prevent sale of real estate worth less than the price to foreign investors, and to increase the brand value of Turkey. No […]

Turkish Lira Lost Value, Foreign Investors Won

Turkish Lira Lost Value, Foreign Investors Won

Foreign investors paid an average of 149,000 USD in Turkey per house in 2018   39.663 houses were sold to foreign investors in 2018 in Turkey, while sales revenue was 5.9 billion USD. The average value of housing purchased by foreign investors approached 149.000 USD. The number of residential sales to foreigners increased by 78.3 […]

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 […]

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