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Check out the realestates market updates in turkey

Istanbul Airport .. Part of the "Century Project" Turkey dream for 2023

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On October 29, 2018, Turkish President Recep Tayyip Erdoğan opened the new Istanbul airport, which named for the city (Istanbul airport). The airport work began partially (40% of the final plan) beginning in April 2019, coinciding with the suspension of Ataturk Airport. Istanbul airport will be fully operational by 2025, which is expected to be the largest airport in the world.- The...

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Bahçeşehir .. The City of gardens

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- (Bahçeşehir).. or as can be translated "the city of gardens", is one of the modern suburbs in Istanbul. It is located on the northwest side of 'küçükçekmece' Lake , west of Istanbul.- Bahçeşehir administratively linked to municipality of Başakşehir, it's 12 km away from its center, and about 26 km away from Istanbul's city...

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sales of real estate to foreigners in Turkey Increased by 69% in the first half of 2019

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Housing sales to foreigners in turkey increased by 30.5 percent in June, Where the number of apartments sold to foreigners during the last month 2,689 homes. The number is the highest in half a year in the history of home sales to foreigners in Turkey.Istanbul was ranked first among the Turkish states, the number of apartments sold to foreigners during the first half of the current...

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Turkish citizenship by buying a property .. conditions and documents required

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On 18/9/2018 Presidential Decree No. (106) was issued, whereby Article (46) of the Turkish Nationality Law No. 5901 of 2009 was amended.Under this Decree, foreigners who purchase a property in Turkey at a value of at least $ 250,000 , With their pledge not to sell the property for 3 years from the date of registration in the land registry, can apply for Turkish citizenship.Later, the executive...

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Property taxes in Turkey

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Many people who want to buy real estate in Turkey are asking a lot of questions about the taxes on the property. To whom and when to pay? .. Of course, it may be difficult to access the information accurately, either because it is not available in English or is not sufficiently clarified. The following is a simplified explanation of the taxes on property in Turkey from the date of...

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Basın Express .. The destination of real estate investment

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There are many areas that we can call a business center in Istanbul, for example we have old trade centers like Şişli, Osman bey, and Laleli and many other places which is common among foreign investors as traditional business centers in Istanbul. On the other hand, we have modern economic centers, which have attracted major international companies such as "Maslak", for...

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Properties rental rates rise in Turkey during July 2019

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Inflation rates have been announced by the Turkey Statistical Institute. Thus, the rent increase rates for July 2019 were announced. Here are the rent growth rates in July 2019 ..Tenants who wish to renew the annual lease will have to pay an increase in rents. This increase is calculated under the law of obligations. Under this law, the rate of increase of rents on tenants can not...

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Istanbul Gardens .. The city lungs and inhabitants breather

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Istanbul is famous for its magnificent gardens, which are a haven for the people on weekends and holidays. The care given by the municipalities to these parks makes it an important landmark in the city and a destination for tourists from all over the world. Of course we can not mention all these gardens into one article, so we will review with you in this article a number of the most famous...

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Beylikdüzü .. The most beautiful sea view in Istanbul

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Beylikdüzü is one of the largest districts in Istanbul, located in the southwestern part of the city, with a distinctive view of the Sea of Marmara.Beylikdüzü's area is 39 square km, it is 28 km away from the center of Istanbul, and is 109 meters above sea level, consisting of 12 districts.In the past, in the days of the Ottoman Empire, Beylikdüzü was a...

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The types and content of Title deed of real estate in Turkey (Tabu)

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The Directorate of Real Estate Registry (Tabu) is the authority responsible for documenting and registering real estate of all kinds in all the territory of the Republic of Turkey, This Directorate records records for each propertyin the country. This record includes information about the location of the property, its boundaries, its area, the description of the property in detail, In...

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250 thousand new housing units by 2023

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"We have created resources to finance our projects during the current year worth 16 billion Turkish liras, of which 5 billion were paid during the first five months of the year"This statement was made by Mr. Ömer Bulut, head of Public Housing Development Administration at the Ministry of Environment and Urban Development of Turkey (TOKI) in an interview with the Anatolia Agency...

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Five places every visitor to Istanbul should not miss an opportunity to visit

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The monuments and cultural events are spread throughout Istanbul, Many of these landmarks have gained wide popularity and become a destination for anyone visiting Istanbul. However, there are many landmarks that are overlooked by many who visit Istanbul, although they contain many features that characterize the city and chronicle stages of its life.Here are some of these landmarks that must be...

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What makes "Başakşehir" a destination for real estate investment

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Istanbul is administratively divided into 39 districts or (local municipalities) combined by one administrative body, Istanbul Metropolitan Municipality (Istanbul Büyükşehir Belediyesi)These districts cover an area of 5,343 square kilometers, which constitutes the total land area of Istanbul.This vast area makes Istanbul a city with no specific center, but Istanbul's tourist center...

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Five useful websites for tourists in Istanbul

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Turkey is one of the most important tourist destinations in the world, According to a previous statement by the Turkish Minister of Tourism (Mehmet Ersoy), the number of foreign tourists during the year 2018 exceeded 40 million tourists, and the Turkish government continues to strengthen the tourism sector, which aims to attract 48 million tourists in 2019.The Turkish government is also working...

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New amendments to Turkish citizenship by real estate investment

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On 30/5/2019 The Turkish official Gazette published new amendments regarding the acquisition of Turkish citizenship through real estate investment.Under the latter amendments, the properties that were repaid before 19/09/2018 and the acquisition of their title deed after the said date have now become possible for the acquisition of Turkish nationality. Where under the previous amendments all...

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78.4 % increasing of Turkey real estate sales for foreigners in 2018

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Turkish statistics agency revealed new figures relating to the high rate of foreign ownership of real estate in Turkey and the number of properties sold in Turkey during the year 2018.According to the new statistics released on 16 January 2019 by the Turkish Statistics Agency, the number of properties sold in Turkey during the year 2018: 1,375,398 apartments, with an increase of 2.4 % compared...

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How a Syrian can buy a property in Turkey ?

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Since 1939, Turkey and Syria have had problems with the property and elsewhere. And because Syria has taken possession of the property of Turkish citizens, denied them the right to dispose of them, and prevented them from mortgage or access to legal rights in this area. Turkey has reciprocated Syria and prevented all Syrians from buying the property in Turkey.How can Syrians own a real estate...

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The Turkish Nationality By investing in Real Estate 250.000 $ , instead of 1.000.000 $

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The Turkish Official newspaper  published  , the text of the law amending the terms of granting Turkish nationality to foreigners in exchange for buying property, operation, investment and deposit in Turkish banks.According to the new law, a foreigner can acquire Turkish nationality if he buys a property  or many properties worth more than $ 250,000, instead of the previous value...

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