Turkey will open service offices to ease citizenship or long-term residence permit procedures for foreign investors, the Turkish Interior Ministry announced on Oct. 13. Last month, the country has reduced required limits for foreigners to acquire Turkish citizenship in order to encourage investment. “Service offices will be opened in Istanbul and Ankara to follow an…
A new wave of wealthy investors from the Middle East and Russia is increasingly eyeing luxury developments in bustling Istanbul, lured by a relaxation in property laws, relatively cheap prices and a thriving economy. At the Varyap Meridian complex, 92 percent of 1,200 apartments on sale have been snapped up three months before the development…
Property sales to foreigners in Turkey surged 151.1 percent in September year-on-year, hitting 5,615 units, official data has shown. Data from the Turkish Statistics Institute (TÜİK) showed on Oct. 19 that most house sales were made to Iraqi citizens as they bought 1,351 properties last month. Iranians followed with 538 units, Kuwaitis with 360 house…
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 overall housing prices, including first- and second-hand houses, increased by 9.1 percent on average, Kayhan said that…
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…
Ahmet Kayhan, the CEO of REIDIN - Emerging Markets Real Estate Information, shared the results of a study they conducted on the changes in house…
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…
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…
