Real Estate in Turkey investments, sale, rent

6 marth, one of the most prestigious international real estate fair – MIPIM – started its work. It is taking place in French city Cannes and many different Turkish companies are taking part in it. The first day of the Fair was open with the meeting of the Turkish delegation, consisting of 11...

$ 2 billion 13 million from the annual $ 15 billion 732 million amount of international direct investments into Turkey in 2011, consisting, were attracted to Real Estate sector. According to the journal of foreign direct investment data, the direct investment inflow into Turkey amounted to...

While the number of American companies in Turkey is just 210, Iran, with its 2140 companies, moved to the 3rd place after Germany and England. Iran broke record with the number of foreign-financed company it established in Turkey. Also it became the country which contributed the most to the...

Turkish Statistics Institute (TurkStat) has announced property sales data of the 4th quarter of 2011. According to these, 118.867 homes have changed hands in this quarter and there was recorded a 16.82% property sales increase compared with the previous quarter. The highest sales increase...

While reciprocity principle in the sphere of property sales to foreigners is expected to be abolished, foreigners themselves have already found ways to purchase properties in Turkey. At present, the right of foreigners to purchase real estate in Turkey directly depends on whether their own...

It is expected that the year 2012 will be a passive year for construction sector because of the increase of mortgages’ interest rate, the rising of construction costs and the situation on the real estate market. In this regard, two draft laws, suggested by the Government, can become best saving...

Istanbul has become the most attractive European city in real estate sphere. According to research conducted by 600 specialists of ULI and PwC organizations, Istanbul will soon become even more successful city in real estate sphere, going ahead such cities as Rome, London and Paris. Athens is...

The adoption of a law of cancellation of the principle of reciprocity in buying real estate by foreigners is expected to raise property prices. Representatives of the real estate sector is recommend to those with purchasing power and real estate needs, to buy it in this time period. Despite...

General Director of Trio Yatırım Değerleme Taşkın Haşemoğlu, while pointing out that the cost of building offices is 50% less according to that of residential real estate, said: "The price of offices should get balanced, contractors must come down to the ground." General Director of Trio...

If you pay attention to the nationality of foreigners who buy property in Turkey, it becomes apparent that the first place is occupied by the British. It is revealed that 34 312 British citizens acquired 24119 property object in Turkey. Along with that 25 266 German citizens became owners...

Turkish Service of Statistics (TÜİK) has published indexes of sales turnover and production in the construction sector for the 4 quarter of 2010. Production in the construction sector grew, while turnover fell. According to the report in the last quarter of last year, the index of turnover has...

The professor of economics at New York University's Nouriel Roubini, better known as a “predictor of crises", visited real estate fair MIPIM held in Cannes (France). Explaining to sector representatives the significance of the real estate in the economy, in his speech Roubini also touched on...

Among the 103 051 foreign citizens that have acquired property in Turkey, the most popular places to settle are the coastal cities. The area, where highest number of properties were purchased by foreigners is Antalya, followed by the region of Mugla and Aydin. In that way 38 398 foreign nationals...

According to a survey conducted among 600 real estate agents Pricewaterhouse-Coopers (PwC) determined the best place to purchase real estate in Europe. Here it is - this country and this area! As a result of the conducted survey Pricewaterhouse-Coopers (PwC) that is an international research...

Turkey's statistical office published "Statistics of building permits for the 4 th quarter of 2010. " report. In 2010, the cost per square meter of construction increased by 6,9% compared to the same period last year. Showing growth of 6.9% over the same period last year, the cost...