Housing sales in Turkey dropped 29.1% year-on-year in June but doubled the May figure, official data showed Monday. A total of 134,731 residential properties changed hands last month, versus some 59,166 units sold in May, according to the Turkish Statistical Institute (TurkStat) data. A record 190,000 and 230,000 houses were sold in June and July […]
After a long time, Turkish airports see 40M passengers in first 6 months Airports in country served over 594, 286 planes – including overflights – in first 6 months of 2021, data shows The number of air passengers in Turkey – including transit passengers – totaled 40 million in the first six months of 2021, […]
One Belt One Road China, one of the most important markets in the world, has launched a project that will overturn the global trade balances. The One Belt, One Road (OBOR) project, also known as the Modern Silk Road project, which will be the largest of its kind in the world. The corridor on which […]
FIRST STEP FOR CANAL ISTANBUL Details emerged on June 13 of the first bridge to be built over Turkey’s Canal Istanbul, a planned mega-project connecting the Sea of Marmara to the Black Sea, aiming to take pressure off the crowded Bosphorus Strait. Foundations for the 1,618-meter (1 mile) bridge are expected to be laid in the last week of June with […]
Turkey which is surrounded by seas on three sides, is preferred by millions of tourists every year. Which cities can you go to for a good summer holiday in Turkey, which has a high tourism capacity with its bays, historical heritage, natural beauty and marine tourism areas? Where are the best summer destinations in Turkey? Where can […]
A crisis and maybe an opportunity Turkey’s nationwide house prices soared by 30.6% during the year to Q1 2021, to an average of TRY 4,054 (US$502) per square metre (sq. m.), according to the Central Bank of the Republic of Turkey (CBRT), following y-o-y rises of 32.6% in Q4 2020, 28.1% in Q3, 23.7% in Q2, […]
Foreigners invest over $8 billion in real estate, mortgages in Turkey Foreigners have invested more than TL 67 billion ($8 billion) in real estate in Turkey to date, an Anadolu Agency (AA) report said Monday. Most of the foreign customers bought real estate in Istanbul, spending TL 18.4 billion for 36,946 immovable properties across the […]
Turkey Enjoys World’s Highest Annual Residential Price Growth International property consultant Knight Frank is reporting this week that global residential prices are rising at their fastest rate in nearly three years. Prices increased by 5.6% on average in 2020, up from 5.3% in 2019. Some 89% of countries and territories saw prices increase in 2020, […]
Real estate investments are residential, land, field and commercial area investments, and it is the most preferred investment type of our people. Because it is the investment with the lowest risk and the lowest profit when the right investment is made. What are the Points to Consider in Real estate Investment? Important Points in Housing […]
President Erdogan says all workplaces will suspend their activities during restrictions which will last until May 17… Turkey will enforce a full lockdown from Thursday evening until May 17 to stem the spread of coronavirus, the country’s president announced on Monday. Speaking to reporters following a three-hour Cabinet meeting in the capital Ankara, Recep Tayyip […]