http://www.vestaestate.com/en VESTA Estate – Turkish Real Estate catalogue. Here you can find contact details of all home owners. Also here you can find the property you need or make your own notice. Also you can get the news and analysis on Turkish real estate and investment property. The site services will help you with your property sale/purchase/rent procedures. VESTA Estate is providing you with the most up to date and comprehensive Turkish property database.VESTA Estate – Turkish Real Estate catalogue. Here you can find contact details of all home owners. Also here you can find the property you need or make your own notice. Also you can get the news and analysis on Turkish real estate and investment property. The site services will help you with your property sale/purchase/rent procedures. VESTA Estate is providing you with the most up to date and comprehensive Turkish property database. en http://www.vestaestate.com/en/news/60 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... 2012-03-30 http://www.vestaestate.com/en/news/59 $ 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... 2012-03-29 http://www.vestaestate.com/en/news/58 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... 2012-03-16 http://www.vestaestate.com/en/news/57 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 in... 2012-03-07 http://www.vestaestate.com/en/news/56 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... 2012-02-29 http://www.vestaestate.com/en/news/55 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... 2012-02-24 http://www.vestaestate.com/en/news/54 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... 2012-02-21 http://www.vestaestate.com/en/news/53 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... 2012-01-25 http://www.vestaestate.com/en/news/52 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... 2011-07-23 http://www.vestaestate.com/en/news/51 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 of... 2011-05-08 http://www.vestaestate.com/en/news/50 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... 2011-04-08 http://www.vestaestate.com/en/news/49 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... 2011-04-04 http://www.vestaestate.com/en/news/48 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... 2011-03-27 http://www.vestaestate.com/en/news/47 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... 2011-03-13 http://www.vestaestate.com/en/news/46 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 per... 2011-03-11 http://www.vestaestate.com/en/news/42 In connection with the crisis the 10th Executive Chamber of Istanbul is working in dense mode and just completed the preparations for the biggest trading of this year. December 18 plot worth 318 million pounds will be for sale in the 3rd time . In this area there is a building of one of the... 2009-12-11 http://www.vestaestate.com/en/news/45     According to a study conducted by the Tourism Research Association (TURAD), real estate sales to foreigners in Turkey were affected significantly by the crisis. Real estate sales to foreigners since the end of August in 12-month period was 2.2 billion dollars. In first 8 months of 2009 over 1... 2009-10-28 http://www.vestaestate.com/en/news/44 According to a study prepared by the international real estate agency Gordon Rock in the first 9 months of the 2009th most active buyers in the Turkish real estate market were representatives of Russia and the CIS. In report the Turkish real estate market in 2009 was divided into 3 stages -... 2009-10-16 http://www.vestaestate.com/en/news/43 waiting 2009-06-18 http://www.vestaestate.com/en/news/41 According to the opinion of Murat Aysan who is general director of DD Mortgage Company the Turkish realty prices will not fall down and will not rise up too.The DD Mortgage Company was found by Deutsche Bank and Doğan Grubu. General Director of this company said about change of buyers’ priority.... 2009-05-29 http://www.vestaestate.com/en/news/40 General Director of ING Bank Hakan Eminsoy considers that if the atmosphere of capital and money markets will be good we may hope to see decline of interest rate for the housing credit in the third semester. He thinks that while offer is so big Turkish realty prices will not grow up. So, we should... 2009-05-19 http://www.vestaestate.com/en/news/39 Nearly 50 construction companies will show their projects cost more than 10.000.000.000 dollars on the realty exhibition in Istanbul this year.  The realty exhibition is organized by Association of Real Estate Investment Partnership (GYODER) and Reed Exhibitions. It will last from 2-d June up to... 2009-05-18 http://www.vestaestate.com/en/news/38 Global financial crisis caused decrease of abilities to get housing credit. Buyers who want to buy Turkish realty are looking at small flats such as 1+1. The main reason to choose such a small flat is low price and very good credit conditions. Demand for this type of Turkish realty is so huge that... 2009-05-07 http://www.vestaestate.com/en/news/37 Nowadays Turkish Construction Companies develops different marketing methods being trying to turn global financial crisis into opportunities. They organize attractive campaigns differed from each other. Purchase of Turkish realty in cash brings you ability of 30% discount. In short, these days,... 2009-05-04 http://www.vestaestate.com/en/news/36 Some time ago has been started the process to make easier purchase of  Turkish realty by foreign companies.           To purchase real estate of Turkey foreign companies was needed to take governor permission. This condition and global financial crisis have had badly influence for the Turkish... 2009-04-21 http://www.vestaestate.com/en/news/35      The International Direct Investment Association of  Turkey (YASED)  is interested to create a good conditions for the international investment. This organisation in cooperation with Financial World magazine have made third conference  named as “Turkey is a state of abilities and safe harbor... 2009-04-15 http://www.vestaestate.com/en/news/34 Turkish government package of help caused by global crisis was to decrease VAT from 18% to 8% if total measurement of selling property is more than 150 meters square. In spite of such an action mobilization of Turkish real estate property market has not notified yet.  Representatives of the... 2009-03-30 http://www.vestaestate.com/en/news/33 Crisis has stopped taking of key money.Global crisis has affected not only real estate prices and rents, but also the transfer of securities commercial rental demand which has fallen down up to 50%.  Actually this money is an important part of movables circulation. This process was seen in... 2009-03-16 http://www.vestaestate.com/en/news/32 Interest rates fell down over 1,50% , real estate prices fell over 30 percent. So, how can we know if it goes on? Is it possible to invest during such a period? Global crisis has caused a huge fall of market. Especially it had a bad influence on housing market and many other sectors. The... 2009-03-09 http://www.vestaestate.com/en/news/31 After the sale was stopped construction companies began to campaign to attract buyers. Sales discounts reached 25%, while loans extended by 72 months. Gifts of purchase have never been so generous. Together with the global economic crisis rising of interest rates on housing loans, the buyer of the... 2009-02-24 http://www.vestaestate.com/en/news/30 In the continuation of a few days ago started the cycle of forecasts regarding the Turkish real estate market, we are publishing opinion of Emre Çamlıbel.Emre Çamlıbel -  CEO of “Soyak Holding” «Began in 2008  global crisis in Turkey, the rise of interest rates on housing loans. Due to stop the... 2009-01-27 http://www.vestaestate.com/en/news/29 In the continuation of a few days ago started the cycle of forecasts regarding the Turkish real estate market, we are publishing opinions of Sinan Fındıkoglu and Firuza Soer.Sinan Fındıkoğlu - General Director of «YKS Tesis Yönetim Hizmetleri» «In the 2008th year, as in previous years, we have... 2009-01-26 http://www.vestaestate.com/en/news/28 At present everybode is talking about the crisis. All categories of people - from 0 simple probationer, to the successful businessmen - are interested in a simple question: "What awaits us in the future." In this regard, «VESTA Estate» begins the cycle of forecasts for 2009 from the leading... 2009-01-23 http://www.vestaestate.com/en/news/27 In Istanbul, in a residential complex «Polat Tower Residence» is offered for sale two-room apartment, which attracted well-known American newspaper New York Times and was presented to the public under the heading «luxury homes». This apartment has a total area of 142 sq.m. and is estimated at 800... 2009-01-17 http://www.vestaestate.com/en/news/26 The world economic crisis is the reason that the price of square meters of floor space in many construction projects fell to 807 Turkish liras (about 400 euros). In response to such reactions State Office of Housing has provided 2104 apartments for low-income families and 5,100 housing units for... 2009-01-13 http://www.vestaestate.com/en/news/25 Director of the World Bank in Turkey (WBT), Ulrich Zachau reported that the global crisis strikes the economies of developing countries. Zachau also noted that loans from the World Bank to the Turkish small and medium-sized enterprises will be increased.       “World... 2009-01-08 http://www.vestaestate.com/en/news/24 Due to the global financial crisis broke out, Turkey's construction sector suffered large losses. Investments in the construction sector for the 9 months of 2008 totaled 70.1 billion New Turkish Liras (YTL), and for the third quarter of 2008, there has been decline in the market at 4.3%. As a... 2009-01-05 http://www.vestaestate.com/en/news/23 Financial Times is recommending its readers buy residential or holiday homes next year, selecting the 10 top locations, it has included Turkey’s Belek, Altınkum and Bodrum’s coasts, with an emphasis on the ’substantial and beautiful coastline. Turkey has been rated among the 10 top locations by... 2009-01-01 http://www.vestaestate.com/en/news/22 Chief Coordinator in Turkey of tour operator TUI, which is one of the world's largest tour operators, Melih Etish (Melih Yetiş) reported that based on positive feedback from their customers they have identified 100 of the best hotels the world, 17 of whom are in Turkey. In an interview Melih... 2008-12-26 http://www.vestaestate.com/en/news/21 Dear citizens! On the issue of buying real estate in Turkey refer to the professional of the  market, to the agencies that have solid experience in this area and the reliable reputation. In the process of selling Turkish real estate to foreigners there may be problems in obtaining TAPU.... 2008-12-24 http://www.vestaestate.com/en/news/20 One of Dubai's biggest companies Nakheel has announced 500 job losses after bringing out that a number of its projects have been put on hold. Nakheel did not specify which projects would be put on hold, but they said that work on reclaiming land for the Palm Deira, the largest of the Palm... 2008-12-23 http://www.vestaestate.com/en/news/19 The annual growth rate of Turkey's construction sector in 2005-2006 was 20%. However, in 2008 for the first 9 months this figure was -1.1%, and for the third quarter of -4.3%. President of the Union of investors Erdal Eren reported that the slowed growth in the construction sector in 2007, this... 2008-12-21 http://www.vestaestate.com/en/news/18 Category winner: Best Open Space (Europe) Annie Gatti Iztuzu beach in Dalyan is that rare thing in the Mediterranean: a 4.5km arc of golden sand stretching from the base of a pine-clad mountain to a river delta, with not a single house, shop or hotel in sight. During the day people swim,... 2008-12-13 http://www.vestaestate.com/en/news/17 The Port Authority of Kushadasi reported that on 10 December this year, the last transatlantic liner in this season will visit Kushadasi. Recently in Kushadasi sailed tourist liner Galaxy with 1 752 tourists aboard. Part of tourists visited the ancient city of Ephesus and the House of Virgin... 2008-12-08 http://www.vestaestate.com/en/news/16 The General Director of “Yapy Kredi Koray” Yudzhel Ersez gave his prediction on what will happen in the Turkish real estate market in 2009.   In the end of 2007 Ersez also made prediction about 2008, which were among others the most plausible. 1) Turkey's residential property market. I do... 2008-12-04 http://www.vestaestate.com/en/news/15 It is no secret that many new projects sales made on the basis of mock-ups, reconstituted type of future buildings. In this regard, particularly relevant is the study of positive and negative sides of sales, based on mock-ups. In this article Director General of AB Invest, Zafer Arslan, offers... 2008-11-30 http://www.vestaestate.com/en/news/14 The real estate market has been a traditional favorite for investors. Experts say the best vehicle for investment in the Turkish market these days is land for development, but they also warn investments should be undertaken with caution. Real estate experts have ranked land purchases at first... 2008-11-24 http://www.vestaestate.com/en/news/13 While the whole world is shaking from the impact of global crisis, the attention of foreigners into Turkish real estate only increases. Comparative analysis showed that the number of Turkish property acquired by foreigners has not decreased and for the period July-October was at 3 thousand units... 2008-11-20 http://www.vestaestate.com/en/news/12 The government is taking steps to make it easier for the citizens of Gulf states and Turkic republics to buy real estate in Turkey by taking into consideration whether or not Turkish citizens are allowed to invest in real estate in those countries After making it possible for Turkish citizens... 2008-11-18 http://www.vestaestate.com/en/news/11 According to information given by Turkish Cement Producers Association (TCPA) in time tnterval January-July was produced 30 million 999 thousand 799 ton of cement. At the end of indicated period from produced volume of cement was exported 6 million 504 thousand 97 ton. Thus, in compression with... 2008-11-17 http://www.vestaestate.com/en/news/10 The World Economic Forum, or WEF, once again convenes in Istanbul for a regional meeting.   The forum, which started two days ago and ended yesterday, is important in two aspects. It is, first of all, the first meeting bringing Europe, Central Asia and the Middle East together since the beginning... 2008-11-13 http://www.vestaestate.com/en/news/9 Real estate markets in the United States could hit to bottom in 2009 and then flounder for much of 2010, according to the Emerging Trends in Real Estate® 2009 report by the ULI and New York-based PricewaterhouseCoopers LLP. During this period, ongoing drops in property values, foreclosures,... 2008-11-11 http://www.vestaestate.com/en/news/8 Miami-based Flagstone Property Group entered a contract bid and won with the Island Gardens Miami project, only six days after the largest terror attack in the United States. It is now breaking ground amid a global financial crisis.   After seven years in the pipeline and while the... 2008-11-10 http://www.vestaestate.com/en/news/1 For those looking to invest in real estate, an important factor to consider is the amount of time it takes to earn back the initial cost of the purchase in projected rental earnings.   The recoup time for storefronts and residences differs and the years it takes to earn back the initial cost of a... 2008-11-07 http://www.vestaestate.com/en/news/7   The Housing Development Administration of Turkey, or TOKİ, has applied for 416 plots of land to construct holiday villages and summerhouses for foreigners. To be built on the Spanish model, the project is planned for Aydın, Muğla, İzmir, Bursa, Antalya, Balıkesir and Adana.     While the... 2008-10-27 http://www.vestaestate.com/en/news/6 The Central Europe Real Estate Unions Network, or CEREAN, annual conference will take place at the Marmara Hotel in Istanbul beginning today and ending Wednesday.   CEREAN's conference took place in Bucharest, Romania in 2007, and the participants decided the next conference should be held in... 2008-10-13 http://www.vestaestate.com/en/news/5     Amplio Hotel, which began venturing into Turkey in 2007 with the objective of constructing 80 hotels within 10 years with an investment of $1.5 billion, did not have a change of heart when it comes to its investment plans despite the adverse impact of the severe global economic... 2008-10-08 http://www.vestaestate.com/en/news/3   Homes Overseas, the world's leading international real estate magazine since 1965, has released a detailed article on its website entitled Buying Property in Turkey. The guide provides potential investors with property details and purchasing information for Turkey.   The comprehensive guide can... 2008-09-22 http://www.vestaestate.com/en/news/4   Despite the financial crisis in the global markets, Turkey is still considered a developing real estate market, Hakan Kodal, chief executive officer of Krea Group, told the members of the press in Istanbul on Tuesday.   Krea Group is the Turkish partner of giant investment bank, Merrill Lynch,... 2008-09-22 http://www.vestaestate.com/en/news/2   Didim, a rapidly growing holiday resort, is today very different to how it was 10 years ago. The fast developing town now welcomes large numbers of tourists from all over the world to its beautiful beaches, ancient towns, lively culture and warm climate It has also been declared a center of... 2008-09-15