Property purchasing process

Paperwork and contracts Buying property is straightforward and well-regulated in Turkey. In the end, the new real estate owner receives a deed document (tapu) from the District Land Registry Office that confirms he or she is the new owner of that property. You should prepare the sales contracts with the help of a lawyer. That´s […]

Iranian investor pays $90.6 million USD for 47 apartments in Istanbul

Iranian businessman Mehrdad Safari has bought a total of 47 apartments in a luxurious Istanbul skyscraper for $90.6 million. The price does not include VAT, although the rate on many of the apartments will only stand at 1 percent, while a portion will be subject to 8 percent tax following a recent tax cut.  Kiler Real […]

Qatar’s five major conglomerates turn to Turkey for investments

Days after Doha, one of Ankara’s closest allies in the Gulf region, pledged $15 billion in direct investment in Turkey, Qatar’s private sector has also turned to the country as five major conglomerates are looking to invest $300 million. Qatar’s Emir Sheikh Tamim bin Hamad Al Thani (above) visited Ankara last month in an apparent […]

Selling Your House? Avoid These Mistakes

Selling your house — especially if you’ve never done it before — can be surprisingly time-consuming and emotionally challenging. Strangers will come into your home and poke around in your closets and cabinets. They will criticize a place that has probably become more than just four walls and a roof to you, and then, to […]

Why do you have to invest in Turkey?

Here is 10 facts about Turkish economy, that will make you believe in Turkish economy. 1. SUCCESFUL ECONOMY A fast developing economy, with a GDP growth of 231 Billion USD in 2002, To a GDP of 851 Billion USD in 2017 which is more than triple the amount within 15 years. (TÜİK)Stable economic growth; A yearly […]

Turkey’s Finance Minister Sees Economy Staging V-Shaped Recovery

Turkey expects a V-shaped recovery in the economy as domestic demand improves. “Leading indicators from June give positive signals for an improvement in the economy,” Albayrak said at a Turkish Banks’ Association meeting in Istanbul. The minister cited an increase in consumer confidence, as well as a jump in the country’s manufacturing Purchasing Managers’ Index. The […]

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