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Turkey's overall house prices increase by 9 pct

Turkey's overall house prices increase by 9 pct

Ahmet Kayhan, the CEO of REIDIN - Emerging Markets Real Estate Information, shared the results of a study they conducted on the changes in house prices last year that show an overall increase of 9 percent. Noting that Turkey's overall housing prices, including first- and second-hand houses, increased by 9.1 percent on average, Kayhan said…

Antalya: An attractive center with its nature, climate, historical, cultural riches

Antalya: An attractive center with its nature, climate

Antalya continues to develop with new projects as one of the fastest growing cities in Europe and the Mediterranean region. The Antalya Metropolitan Municipality showcases its projects at MIPIM 2017.  The Antalya Metropolitan Municipality is participating in the international real estate fair the Marche International Des Professionnels De L'Immobilier (MIPIM) 2017 for the third time…

Living in Istanbul becomes more costly

Living in Istanbul becomes more costly

The Economist magazine has announced the world's most expensive and cheapest cities according to the cost of living, with Asian cities dominating the list of most expensive cities and Istanbul named as one of the cities making the biggest leap on the list.  The Economist Intelligence Unit (EIU), the research unit of The Economist magazine,…

Turkey starts first real estate security issuance today

Turkey starts first real estate security issuance today

As well as easing the burden of loan interest for construction companies, real estate securities will enter the market as lucrative investment tools for both Turkish and foreign investors.  The first issuance of real estate security starts today, with trading to commence at Borsa Istanbul on April 5 after three days of demand collection. The…

VAT free housing sales to foreigners in Turkey kick off

VAT free housing sales to foreigners in Turkey kick off

Recently introduced by an omnibus bill and approved by the Turkish parliament, VAT-free residential sales of housing to foreigners starts. The move is expected to drive the Turkish real estate sector.  As ththe Value Added Tax (VAT) discount on foreign residential sales in Turkey is set to be implemented tomorrow on April 1, representatives from…

  • Turkey grants permanent work, residence permits

    Turkey will grant permanent work and residence permits to qualified foreigners who have to meet several criteria, including contributing to the country’s science, technology, employment and economy, a new practice published in the Official Gazette…
  • Turkey’s Bodrum shown to world 24/7 via live web broadcast

    One of Turkey’s most popular tourist towns, the western province of Muğla’s Bodrum can now be viewed all around the world through 24-hour live broadcasts from cameras placed in various spots.  With the initiation of…
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