Emlak, a construction and real estate newspaper in Turkey, reported that the impact of the pandemic on the Turkish sector was very serious. However, the unique mortgage campaign launched in the summer of 2020 revived the Turkish construction and real estate sector. According to the Statistical Institute, in July alone, nearly 230,000 homes and apartments were sold in the country: real estate sales...
All of Turkey’s real estate developers have launched a discount campaign during the high season. The campaign will take place between Aug. 29 and Oct. 31, the minister said, adding that a 10 percent discount would be applied on all properties. “The campaign will cover nearly 100,000 independent structures. The main theme of the whole campaign will be to make a 10 percent discount in the sale...
A foreign investor, determined by the Ministry of Environment and Urbanization, to have purchased real estate worth at least 250,000 USD or equivalent in foreign currency or Turkish lira, can acquire Turkish citizenship. Since September 19, 2018 and following the legislative amendments regarding Turkish Citizenship by investment the number of foreign investors who aim to get Turkish Citizenship continues...
20th century portrait of Mehmet the Conqueror to be exhibited for first time at National Palaces Painting Museum A portrait of Ottoman Sultan Mehmet II, known as Fatih Sultan Mehmet in Turkish, will be on exhibit for the first time at Istanbul's National Palaces Painting Museum, said the museum’s manager Friday. Gulsen Kaya said the 20th century painting by Halil Pasa will go on display during the...
Office areas in Istanbul are analyzed based on classification into a total of 8 sub-regions, 4 on the Asian side of the city and 4 on the European side. Istanbul West area which is the surrounding area of the Atatürk Airport The European Side CBD area which include Levent, Etiler, Esentepe / Gayrettepe, Şişli, Beşiktaş and Taksim. Maslak Kağıthane/Candere Kavacık Ümraniye...
The effects of the social and spatial transformation caused by globalization can also be seen within the Istanbul metropolitan area. Turkey becomes one of the best developing countries, which provides a suitable environment for business. Companies in different fields such as, financial services, IT, construction, and media have taken place all over the country, particularly Istanbul, which is considered...
Turkey has had an important place on the global real estate market’s map for the past decade, and continues to attract the attention of many investors from all around the world, so that the real estate market of Turkey today becomes one of the most important and strongest real estate markets in the world. The demand drivers of the Turkish real estate sector such as the country’s “crossroads”...
The Kartal district is located on the Asian side south-eastern part of Istanbul with a total land area of 38.54 km2. Having a long coastline along the Sea of Marmara, Kartal is a popular destination for people to enjoy this characteristic. The population of the district is around 500,000 people. Kartal was inhabited by Turks during the Era of Seljukian Empire and Ottomans captured Kartal 300 years later...