The Turkish property market

Real estate in Turkey In recent years, foreign investment has flooded the Turkish property market. This has led to increasingly developed infrastructure and greater numbers of golf courses and resorts. Property prices in Turkey remain low compared to other European countries, however, even with the high levels of foreign investment. This makes the Turkish property […]

Property taxes and insurance

Dealing with property taxes and insurance in Turkey can get complicated. Use a lawyer and know the tax system. When you buy a property in Turkey, one of the first things you need to do is make sure that the property taxes have been paid by the previous owner. If they have not, you will […]

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 […]

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 […]

Turkey at 2023 – Istanbul Canal

The New Istanbul Canal is one of the major projects of Turkey’s 2023 projects, in addition to the third airport project. The project connects the Black Sea with the Sea of ​​Marmara, and Turkish policy makers consider it more important in the future than the Suez Canal and the Panama Canal Kanal Istanbul is the […]

One of the proposed aims of the Istanbul canal project

The Bosphorus might be tricky to navigate but as one of the world’s busiest waterways, it sees heavy traffic. One of the proposed aims of the Istanbul canal project is to reduce pressure on the strait while adding to Turkey’s economy. Here’s how. The Bosphorus is one of the busiest maritime passages in the world. […]

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