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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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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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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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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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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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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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