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Luxury Mansions are for Sale in Istanbul Bosphorus

Luxury Mansions are for Sale in Istanbul Bosphorus

A total of 71 waterside luxury mansions along the Bosporus Strait are currently on sale. The combined value of this luxury estate stands at approximately TL 10 billion ($1.68 billion). Some 622 waterfront mansions adorn both sides of the strait that separates Asia and Europe, including 366 that are officially listed as of historical value. […]

House Sales Statistics, September 2019

House Sales Statistics, September 2019

In September 2019, 146.903 houses were sold in Turkey In Turkey, house sales increased by 15.4% in September 2019 compared to the same month of the previous year and hence, became 146 903. For the house sales of September 2019, İstanbul had the highest share of house sales with 15.8% and 23 265 sold house. […]

Ownership Models for Developers

Ownership Models for Developers

In Turkey, there are three different ways that developers choose for starting new projects. Single Ownership Model • Land acquisition is the major issue for this practice due to high land costs and lack of land availability in the city centre. • The developer covers all costs single-handedly, thus it could lead to some financial […]

Major Reforms of Turkey since 2001

Major Reforms of Turkey since 2001

Here is a list of reforms since 2001, which makes Turkey also a good reason to invest. 2001 – Coordination Council for the Improvement of the Investment Environment 2003 – New FDI Law / New Labor Law / Ease of company establishment (Law No: 4884) 2004 – Establishment and Operating Licenses 2005 – New Banking […]

Turkey’s exports to go up, imports down in Q3: Survey

Turkey’s exports to go up, imports down in Q3: Survey

On yearly basis, export expectation index rises 5.3 points, import expectation index falls 15 points for July-September Turkey’s Ministry of Trade announced on Monday the survey results of foreign trade expectations for the third quarter of this year. “Foreign trade expectation survey reflects assessments of Turkish foreign trade depending on recent and current situations along […]