News

Foreign companies in Turkey increases by 103% in 2018

The number of foreign companies in Turkey increased significantly during the first half of this year compared to the same period in 2017. According to data from the Union of Chambers and Commodity Exchanges of Turkey, the number of companies established in the country with foreign capital during the first half of this year increased [...]

Foreign Real Estate Sales in Turkey Increases 31% During 2018 First Half

Foreign buyers of real estate in Turkey has increased by 31.1% in the first half of 2018 compared to the same period in 2017 and reached 11,316 housing units. According to the Turkish Statistical institution, the property sales to foreigners in June, increased by 7% and reached 2.060 units, where it was 1.926 in [...]

Saudis Are Third-Largest Real Estate Buyers in Turkey During Last Month

The number of foreigners buying properties in Turkey rose by 36.1% during last month compared to the same period last year. The number of properties purchased by foreigners in Turkey last month reached 2,415 apartments. The Iraqis ranked first among foreigners in purchasing properties by 407 apartments, while the Iranians came in second place with [...]

Turkey's Growth Surpasses China and India Despite Negative Forecasts by Rating Agencies

With Turkish economic growth figures released in the first quarter of this year, Turkish officials have said they have overtaken China and India in growth rates. Turkey's economy grew 7.4% in the first quarter of 2018, the Turkish Statistics Institute said on Monday. The Turkish Minister of Development "Lutfi Elvan" said his country surpassed China [...]

Dollar Continues to Fall Against the Turkish Lira Following the Recent Elections

The Turkish lira continues its rise against the US dollar following the presidential and parliamentary elections in Turkey last Sunday ended with the victory of Recep Tayyip Erdogan where his AK Party won the majority in parliament. Next morning after the elections, the value of the dollar has fallen against the Turkish lira, continuing until Friday [...]

Large Demand on the Turkish Lira in Qatar During the Tourism Season

Qatari exchange companies have confirmed that the low exchange rate of the Turkish lira has increased the market demand of travelers from Qataris and Southeast Asia and Europe residents towards Turkey. Managers of these companies explained to the Qatari newspaper Al-Arab, That the low lira price was an important tourist attraction for Turkey, especially as [...]

Turkish Real Estate Sales to Foreigners Reaches About $ 42 billion in 15 years

Turkey has received nearly $ 42 billion in revenue from foreign real estate sales between 2003 and 2017, while it is expected to reach $ 50 billion by the end of 2018. According to real estate experts, Foreigners have bought properties worth of $ 42 billion during the last 10 years, where the sales rose [...]

Iraqis Lead Foreign Investors in Real Estate Sector in Turkey

According to the Turkish Statistics Institution, Iraqis are the most demanding buyers of Turkish real estate, buying 348 properties in last March. According to the same report, Saudis came second, followed by Iranians and Afghans. Real estate sales to foreigners rose by 15.8% last March compared to same period last year, bringing the total number [...]

1.742 Property Bought By Foreigners in January 2018

The number of real estates sold to foreigners in turkey has increased up to 25.7% during January 2018 compared to January 2017. where 1.742 property has been purchased this year. Purchased Units Cities Rank 545 Istanbul 1st Place [...]

Algerians Rushing to Buy Real Estate in Turkey Due to Cheap Prices

President of the National Federation of Real Estate Agencies, Abdel Hakim Oweidat, reported a large number of Algerians rushing to the Turkish property market to real estate properties from apartments and villas there. "The motivation for Algerians to buy real estate in Turkey is to secure their money away from the problem of [...]

1 2 3 4
Whatsapp Us Now!