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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 […]