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The number of Turkish contractors on the list of the top 250 international contractors increased from 40 in 2015 to 46 in 2016. Turkey ranked second on the list, while China maintained the lead as the 65th largest international contractor, followed by the United States The third with 43 companies.
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The increase in the rental rate in Istanbul since 2000 to 2014 has reached about 357 percent, while it has risen to 4.228 percent in the state of Bayburt, northeast of Turkey, which has been in the top list of the rest of the cities in terms of rising rents.
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Turkish Development Minister has announced his government's approval to grant foreign investors, including Kuwaitis, three-year residency.
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A consortium of transport companies worth 250 million Euros to provide transportation services to the new Istanbul airport.
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There are many taxes to be paid by investors, including real estate taxes, and are regularly taxed by the taxpayer for certain periods of the year by taxpayers.
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In the context of achieving the objectives of the vision of 2023, the Turkish State aims to transform itself into a modern and developed state, transforming three Turkish cities into smart cities.
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The value of Turkish agricultural exports to Saudi Arabia increased by 55.6% last year, according to statements of the senior adviser of the Investment Promotion Agency of the Turkish Prime Minister.
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Turkish Prime Minister Ben Ali Yildirim said that all the economic data for the first half of 2017 indicate that the growth of the Turkish economy is moving towards the better.
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You decided to start a journey of Investment? And you are wondering how it’s going to be? We say that you should think about a few things before you take any step first. Investing is a rich adventure that you may enjoy more if you take in consideration these main tips before investing:
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Buying real estate in Istanbul is a tough mission when it comes to making a choice, easy enough when we are well guided. Reason why we have put a quite important and varied selection To make at your disposal to assist you from near or far to make the best decision that suits you best.
5 Places where you can buy your property in Istanbul:
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Investing in real estate is a large business. The investment that you make in a property should be returned to you. There are many ways to improve your business and investing activities. The reason why Most people are driven by results. If you are not achieving results in your business, it is likely that your goals are not organized properly. Small goals that are achieved can add up quickly to larger goals that can take you places you've only dreamed about in real estate.
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The Republic of Turkey is actually attending an advanced stage in the development of civilization. It has become highly capable of catching up with the world's developed countries in various fields through the Government Mega Projects that has been set up lately.
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The investment environment has dramatically changed after 2001 in Turkey, with a big capability to take on large infrastructure projects. The availability of international liquidity and the adoption of more subtle and self-financing strategies to finance these projects were in purpose to assure their successful completion.
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Turkey is one of the most attractive Countries that shows in 2016 the best-performing in the real estate world market. The main driving forces to this rapid growth of the real estate sector in Turkey are
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Turkey excelled lot of developed countries in the price range of luxury properties, and has the most increased prices in real estate with a 18% growth.
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Turkey has been working to build giant infrastructure projects across the country to boost economic growth, including a total of four mega-projects that are currently under construction: Istanbul’s third airport, the Gebze-Halkali commuter train link in Istanbul, the Ovit tunnel in northeastern Anatolia, and the Baku-Tbilisi-Kars Railway.
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Buying land is like owning a piece of the future.
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Istanbul 3rd Airport project will be the biggest airport in the world with its 150 million/year passenger capacity. It will be in Arnavutköy area where government also develops the Canal Istanbul project.
By the time it will be finished by 2028, with six runways, flights to 350 destinations and an eventual annual capacity of 200 million passengers, it will potentially be the busiest airport in Europe and Asia.
When phase 1a ends in 2018, Istanbul New Airport will have the world’s largest terminal under one roof, with a gross floor area of nearly 11 million square feet and the ability to serve 90 million passengers a year.
Since the official opening date of May 2015, the airport project added great deal of value to the neighborhood area such as Arnavutköy, Çatalca, Başakşehir, Dursunköy.
At these area, we can provide the highest rate in Trend Value Appreciation on both buying and re-selling. IF you are interested in getting some information on the area please send us an request mail.
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The Turkish government has exempted foreign buyers from paying 18% value added tax (VAT) when investing in real estate. The exemption will also be applicable to Turks who have lived and worked abroad for more than six months.
Foreigners and overseas Turkish residents must pay in foreign currency, and not sell properties for at least one year after acquisition, to avoid VAT on the purchase of their first house or office in Turkey.
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