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Towards a Happier Turkey  State Tourism Strategy 2023

Towards a Happier Turkey State Tourism Strategy 2023

    As part of the activities of Turkey to commemorate the centenary of its founding as a Republic, which seeks to place the country among the world's top ten economies, and the tourism sector as a major asset of the tributaries of the country for economic development. Placing the tourism sector as one of the priorities of its strategies in the development plans, in 2007, the state developed a comprehensive plan for Turkey's tourism strategy - 2023. Tourism Strategy Turkey 2023 is an effort to provide extensions to manage and implement strategic planning efforts and promote public-private tourism cooperation with reference to the principle of "Rule of Law". Turkey's tourism strategy 2023 and the Action Plan, developed through a participatory planning perspective, were aimed primarily at guiding the tourism and travel industry in the stages of production and implementation management by developing a road map for the sector. This approach, which formed the basis of efforts under the Turkish Tourism Strategy 2023, allows for self-improvement, not on individual plots but on a regional basis within a guiding and dynamic framework rather than the concepts of determinism and rigid framework. This is a fundamental plan for a tourism industry that ensures the sustainable and healthy development of the tourism sector, Achieves its goals. Turkey has many unique opportunities for different types of tourism that are included under the category of alternative tourism, which include, in addition to coastal tourism, thermal tourism, winter tourism, mountain climbing, adventure travel, highland tourism, eco-tourism, conference tourism, expos, cruise and yacht cruises, golf tourism and more. Therefore, Turkey's 2023 tourism strategy aims collectively to use more wisely the rich natural, cultural, historical and geographical elements that Turkey possesses, according to a balanced perspective that addresses the needs of preservation and use spontaneously and with equal awareness and thus benefit from Turkey's share of the tourism alternatives available sector . Dealing with the aforementioned tourism sources in order to form corridors of tourism, cities and eco-tourism, as well as development axes instead of planning them on a large scale, and to determine the criteria applicable to their use. By doing so, the attraction of tourist potential areas has been enhanced by more alternative tourism. Within the framework of the strategy, investors planning to undertake tourism-related projects along the tourism development that are initially expected should find an opportunity to make their investments in these areas through the use of coastal tourism or other types of alternative tourism. In the meantime, they will be entitled to a number of government incentives granted in terms of planning and land allocation and in relation to tourism projects. In order to achieve the objectives envisaged in Turkey's Tourism Strategy 2023, the State has established stronger and more attractive alternative destinations and destinations thanks to integrated assessment rather than individual assessment of the various sites and settlements that are important for health, thermal and plateau tourism. Winter and mountain sports and their cultural heritage, distributed throughout Turkey. The planning and development efforts based on the "land development pattern" perspective are encouraging private sector investment at the regional level in areas with high tourism potential on the coastal banks to end up in "tourist cities", enabling planning to include not only lines Coastal areas but also back-up areas and even adjacent settlements as a one-stop unit to improve tourism diversity and improve existing settlements. As part of the tourism strategy of Turkey 2023, a variety of long-term strategies have been developed in the areas of planning, investment, regulation, internal tourism, R & D, services, transport strengthening, infrastructure and mechanisms to verify investment in investing in social development. In so doing, they will be entitled to a number of government incentives granted in terms of planning and allocation land affairs with tourism projects, promotion of transport and infrastructure, promotion and marketing, education, city-level brands, diversification of tourism products, rehabilitation of tourist areas and improvement of destinations. A planning department with flexible, transparent, accountable and participatory management, implementation and sustainable growth characteristics was also established. The regulatory part was also lent through the establishment of special councils at the national, regional, city and provincial levels to provide and activate the exercise of the rational performance of this industry. In this context, it stresses the importance of drafting a set of legal and regulatory arrangements that would allow for the development and deployment of service functions such as national tourism certification, guidance and research services for domestic tourism and tourism guidance as an integral part thereof. The strategy for R & D efforts is particularly important to keep up with the development of tourism at the national level in the years to come, with an inspiring idea of ​​their potential duties to develop quality of service and the urgent requirements to raise awareness among decision makers in continuing education, customer satisfaction, Tourism and the importance of standardization and adoption of professional standards. The promotion of transport and advanced infrastructure along with the means of transport and various means of transport have been taken in the tourism strategy as an indispensable condition for the development and diversification of tourist activities. There is an ongoing thematic and guiding approach in the sectors dealing with tourism development, tourism corridors, tourist towns and ecotourism areas. This approach is mainly aimed at channeling public and private sources towards the highest priority tourism development areas. In the context of these sectors, nine tourism development zones, seven local corridors, ten tourist cities and five eco-tourism zones were developed. Again, these sections discuss how, where and on what criteria alternative tourism can be developed at the national and regional levels. In a tourist resort in the Adirnakabih region of Istanbul, the arrival of Russian tourists has increased this year by more than 40% compared to last year. Many nationalities have also started to visit Turkey, as well as classic tourists, Arabs and Europeans. This year, the number of Chinese, Japanese and even African tourists increased. This was attributed to the reasons for the agreements and promotion adopted by his country in those areas and, most importantly, in his opinion, to the beauty of Turkey and the cheap prices, especially after the decline of the exchange rate of the lira. Through the adoption of new modes of promotion, as well as the physical tourism, which is particularly aggravated by the modalities of "Happy Tourists" and "Conference Tourism", Turkey has witnessed a boom in the last two months to confirm that the remaining three months of this year will adjust the balance and reach tourist numbers and returns to what Predicted by the Ministry of Tourism Tourism in Turkey, which accounts for 20% of Turkey's tourism revenues, has been paying off. After years of relative calm, Turkey's growing tourism sector has reached meetings and conferences as international companies turn back to Turkey for meetings. Operating in tourism is a real leap in 2019. According to statistics published by the World Tourism Organization and published by the British newspaper Daily Express, Turkey is the third largest tourist destination in Europe and the UK after Spain and Greece. Turkey ranked third. According to the newspaper, the statistics of tourism figures for Turkey are supported by figures published by the French tourist club Med, which recorded a 94% increase in sales to Turkey this year. Data from the Turkish Ministry of Culture and Tourism showed also that the rest of the Turkish states are receiving foreign tourists during the first seven months of this year. According to official data, the statistics show the following indicators: Millions of foreign tourists entered Turkey through Istanbul between January and July of this year. Istanbul was the first stop for most foreign tourists to Turkey before traveling to other states, where 34.58% of tourists entered The country, 30.85% across Antalya, and 9.51% from Adrana; According to data from the Directorate of Culture and Tourism in the state, the number of foreign tourists coming to Antalya, during the mentioned period, reached 9.25 million tourists. The total number of Turkish states (81 states) witnessed an increase in tourist reception this year. The number of tourists arriving in northern Turkey rose by 25% during the first eight months of this year. The number of foreign tourists has increased in the south-western state of Mugla, which has 131 Gulfs, with a variety of tourism activities and a unique natural and cultural wealth during the first eight months of this year, 34% more than in the same period last year. According to reports of the Ministry of Culture and Tourism in the state that "Mugla" is the third tourist center in Turkey after the mandates of Antalya and Istanbul.   These statistics confirm that Turkey has already reached a high level in the last 14 years, and this has emerged through the movement of tourism sector and the great development witnessed. Recent research has led to a large increase in the number of tourists exceeding expectations, with expectations that the number of arrivals to Turkey in the worst conditions 65.5 million tourists in normal conditions and 85.5 million tourists, and in good conditions 115 million tourists. He also confirmed that after the opening of the third airport in Istanbul will increase the number of tourists very much, as these expectations came on the basis of the report of the assessment of the tourism sector and the status of Turkey in 2023. In the framework of the above approach to the tourism strategy in Turkey 2023, which the state has fulfilled and continues at a steady pace at all levels of tourism and its available components, it has had a positive impact, regardless of some of the chill that is caused by external factors, the number of tourists and revenues has declined. However, the number of tourists is rapidly changing and tourists' numbers are increasing at a later stage.   For more news about Turkey: BUYING PROPERTY IN TURKEY FEASIBLE OR RISKY? INVEST $ 250,000 IN THE TURKISH REAL ESTATE MARKET AND GET TURKISH CITIZENSHIP THE RISE IN THE VALUE OF THE US DOLLAR EXCHANGE AGAINST THE TURKISH LIRA IS AN IRREPLACEABLE OPPORTUNITY TO BUY REAL ESTATE IN TURKEY        

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Turkey's Strategic Goals for the Year 2023

Turkey's Strategic Goals for the Year 2023

  A century after the founding of the modern Turkish Republic, the country looking forward to celebrating its 100th anniversary. Turkey's ambitious 2023 Vision aims to position the country among the world's top 10 economies in the next five years by drastically improving infrastructure, industry, trade, energy, medical care and transportation. First, before the Party of Development and Justice came to power in Turkey in 2002, Turkey was ranked No. 27. Now, more than 14 years after its arrival, Turkey has risen to 17th place and entered the world's 20 most powerful economic club. By 2023, it aspires to become one of the top ten economic leaders in the world, not the first and not the tenth, but among the top ten. This is an open objective and depends on the size of the economic achievements and the size of stability, which are the main elements to bring investments from the world to Turkey, and stimulate the internal investment, and this is what enables the presidential system in the first place. Turkey's second major objective is to seek the raise if the level of GPA income - the core element of the development process - to $ 30,000 annually. Before Erdogan came, the GPA average in 2002 was $ 2280, now that GPA is about $11,000. To achieve this level – namely, $ 27,000 - is a reality, it is imperative to ensure rapid growth, a developed economy, ambitious and vast projects that can be achieved under a presidential system that ensures accurate follow-up, flexible movement and decision-making dynamics, to accelerate the overall development process. The third strategic objective is embodied by the  raise if Turkey's exports to 500 billion dollars by 2023, and  Turkey's imports to be 500 billion dollars and the volume of foreign trade exchange is one trillion dollars. Prior to Erdogan's arrival before 2003, the volume of Turkish exports was $30 billion and the volume of imports was $50 billion. Now, 14 years later, the volume of exports is $157 billion, five times as much, and the volume of imports is $180 billion. Fourth, there is no country in the world where a Turkish citizen cannot travel without the need for a visa. Similarly, the citizens of these countries have the right to enter Turkey without the need for a visa, which encourages the flexibility and movement of tourism and opens the doors of the markets of those countries wide for Turkish products. Strategic objectives, open goals for building a strong Turkey. Therefore, the objective of the presidential system was to enter the highway to reach the levels of the strong countries and reach the strategic goals of the year 2023. Yes, after 2011 Turkey was subjected to terrible pressures as a result of its stand with the Arab peoples and its stand with democracy, it cannot accept the military regimes dictatorship and stand supportive of authoritarian regimes that had suffered almost four decades before the military coups. Therefore, this setback between 2011 and 2015 is only a setback for political relapses, temporary setbacks. Nevertheless, economic relations remained important and essential not only to Turkey but also to all neighboring countries and even to all remain  countries of the world. Why? Because Turkey has strategic weight in its geopolitical location in the region. Turkey is a pivotal and important country in Europe's gateway to Asia. It is the gateway of Asia to Europe. It is also a link between Russia and Egypt, neighboring Arab and African countries across the Mediterranean, which makes it Turkey, with a distinct geographical location. It is worth mentioning here that Turkey depends on a real economy. It does not rely on wealth that comes out of the earth, like oil or minerals. It is an economy based on industry and trade. It depends on agriculture and relies on a lot of economy based on manpower and skills. . This kind of economy is important to many European countries, so that one-third of Turkey's exports are destined for Europe. So Europe depends on Turkey to cover many of its needs, so it is called the Taiwan East. The following indicators have special inferences for the importance of Turkey: Out of  every three electrical products, one product goes to Europe; Turkey is the first textile exporter for Europe; Turkey is the second largest steel producer in the world; Turkey ranks first in the agricultural production of apricots and nuts; Turkey is the seventh largest ship manufacturer in the world. So, it is indeed a real economy based on industry, agriculture and trade that makes the world need Turkey. This economic relationship is expected to be sustained and to continue with greater momentum, and therefore within the framework of common interests and mutual benefits, outside the cycle of political upheavals, and will therefore continue. Turkey, despite poor relations at the political level with Egypt, still enjoys strong economic ties. There is a disconnect between what is happening at the present time from a disagreement about political adaptation or convergence of views, and the importance of continuing economic and trade relations. if you want to be a part of this economic growth check those links below : IHOME 56 Constructed over 12 floors, this comprehensive project consists of 442  homes  for sale ranging from two to five bedrooms in size. Within the grounds of the complex, residents can enjoy access to a wide range of social and commercial facilities designed to improve quality of life, including many shops, restaurants, supermarket, and other daily amenities located on the ground floor of the building. For relaxing, take a dip in the swimming pool, walk through the gardens, or simply relax in one of the sunbathing areas. ----- IHOME 85 Our project is being planned in the center of Şişli, fast growing Bomonti district. It's been aimed to be one of the best examples of mixed-usage projects in Istanbul. It is one of the most comprehensive projects offers apartments, residence ,shopping stores , offices as well as a 5 stars hotels. ----- IHOME 84 The project, the most attractive life project of Beylikdüzü is located in a wide area of 92,000 m2 and consists of 17 blocks. Covering 1156 houses ranging from 1 + 1 to 4+ 1, and alsa 39 shops, the project presents a vivid social life. Located on Yaşam Vadisi IValley of Life), extending from inner Beylikdüzü to the coastline,  ----- The fact remains that when you are strong, your enemies will be many. When you have enemies, it means you are in your right path. We cannot say that Turkey will continue its efforts to achieve its strategic objectives without any problems or obstacles. Of course, the enemies will not be confined to outsider enemies solely, but there will be enemies at home as well, and they are more harmful. At home, they are displeased with this continuing momentum of economic growth, working in a healthy environment free of corruption. There were private banks that depended mainly on economic crises and disasters. For example, these banks were lending the state with very high interest rates. These benefits fell from 85% - before the current crisis, namely, the exchange rate of the Turkish lira against the dollar has deteriorated - reached 10%, losing 75%. Currently, as part of the government's efforts to tackle the Turkish lira crisis, the interest rate has reached almost 22%. Turkey was a debtor for  the International Monetary Fund with $26.5 billion. Turkey was like a slave who received orders from his masters who gave him money, but by 2013, Turkey had paid $ 550 million, the last installment of the International Monetary Fund, and Turkey became since then a debt-free, free country and no longer a state on which its policies are dictated and its destinies are oriented. In contrary, it has become a state that imposes its policy and is willing to grant the IMF financial support provided that it becomes a member of its board of competent international monetary policy. However, this request was rejected and Turkey was not allowed to be among the donor countries, but only borrows. The economic power of Turkey disturbs the others, and bothers them more, the commitment of Turkey to work for the interests of the Turkish people. We wonder here ...         Why do the Turkish people vote for Erdogan? This is an important question, no matter who says it at home or abroad that he is a dictator and despot. If we come to tell the truth, it is not important how the outsider assess or look at him, but how the great segment of his people  assess the achievements of Erdogan. During his rule, he managed to raise the level of the crushed and poor classes of people – they are many - from their lowest levels to medium and good levels. They are aware of what he has done for them. Let us review the most important stations of his achievements: Prior to Erdogan, the volume of foreign investment that Turkey received during the 20 years between 1982 and 2002 was only one billion and two hundred million dollars. The volume of investments that flowed into Turkey between 2002 and 2007 reached 57 billion dollar, and reached by the end of 2017 to 163 billion dollars. Why? Because Turkey has become a vital, strong and developed country, and everyone in this healthy environment benefits with risk free. In this context, it worth mentioning here that the indices of the Turkish stock market on September 17 -despite the stifling resent crises-  has reached a record, the highest ever. In one day, it achieved increase up by 3%, the stock market rose from 83,000 to 93,000 points, a figure never seen before, even seven years ago. Why? ... because this is a direct result of the referendum, there was clarity among foreign shareholders and investors before the locals; that the political system is a system of stability and as a result, there are opportunities for everyone to contribute and come up with funds to benefit from those opportunities. Here it is clear that we are facing a strong Turkey, and if there are enemies, the problem is limited to enemies, not Turkey. Within the frame of given data above, it can be claimed  that Turkey's political future can only be a very bright future, because it is based on mutual gains and mutual benefits with many countries, even those who have been upset  with Turkey and may still upset, yet this countries are convinced that their interests with Turkey will correct the course of its relations path with Turkey. For example, Russia has always been annoyed by Turkey in the recent past. Now it is allied to Turkey's as a results of  two largest strategic projects in Turkey. The Pan-Turkey natural gas pipeline project to Europe and the Black Sea nuclear power project, which are an economic gain for Russia. America, despite the recent unjustified upheaval, realized that this strategic ally must be maintained and handled cautiously with Turkey, otherwise, this ally who would take over the Shanghai Group would be lost, not to mention the significant of Turkey being an active member of NATO and is aware that Turkey had the strongest army in the region. In addition, Turkey now has independent capabilities in the field of military manufacturing technology. This independence has increased from 44% to 89%, meaning that Turkey has already secured 89% of its military needs from aircraft, tanks, submarines, warships, weapons and equipment, both conventional and non-conventional, and they are merely manufactured with Turkish technology and experts. It’s fundamental objective of this independency and the capability  of obtaining all means and gain all resources   of force is the  security and stability, which can only be achieved by might and  strength of power that prevents wars and calls for peace from the  strong bases of force. Perhaps Erdogan is not Turkey, nor Turkey, is not Erdogan. This is a healthy phenomenon in light of the transparency of democracy and it’s culture  that Turkey has chosen for its political course. But taking into account Erdogan's popularity, his speeches full of hope based on solid will, showing real power, and complementarity with the importance of the vision into 2023, and after considering planning it is not negligible or can be omitted. Since the Turkish prime minister announced (now president) in 2013, he has given the country 10 years to rise from one of the developing countries that has been shaken by a long history of military coups to a nation whose economy, stability and regional influence is to be reckoned with. It was the first half of the period that elapsed since the previous declaration to move Turkey to the ranks of advanced countries was achieved and was fulfilled  with  accomplishments as promised by Erdogan. Undoubtedly, these coming  five years will prove to be of great importance to Turkey's future and prestige in the world. For more news about Turkey: BUYING PROPERTY IN TURKEY FEASIBLE OR RISKY? INVEST $ 250,000 IN THE TURKISH REAL ESTATE MARKET AND GET TURKISH CITIZENSHIP THE RISE IN THE VALUE OF THE US DOLLAR EXCHANGE AGAINST THE TURKISH LIRA IS AN IRREPLACEABLE OPPORTUNITY TO BUY REAL ESTATE IN TURKEY      

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Buying Property in Turkey Feasible or Risky?

Buying Property in Turkey Feasible or Risky?

The Turkish lira during this year lost its value by a boat rate of 40%. Since the beginning of this crisis, the Turkish government has been trying to stabilize and compensate for the imbalance. But this decline is a golden opportunity for real estate investment at low prices to take advantage of this difference from the decline until the value of the currency back to its previous level.   The questions that ask themselves urgently:   - Is investment in this decline useful, or risky?       - Is this decline continuous or temporary? To answer these questions objectively, let us begin by limping to the characteristics of the Turkish economy. The Turkish economy has been expanding and flourishing over the last two decades with very high growth rates, which have led to inflation, because the economic growth rate demanded the injection of cash flow into the Turkish economy through lending operations and inclusively, the operations of the increase in lending demanded cuts in interest rates so as to facilitate people to invest with this reduction and increase financial expectations,  with this reduction and increasing financial expectations, there has been a large expansion and spread in the Turkish economy exceeded 10%, which led to inflation and consequently with an increase in cash flow and increased inflation was likely to decline the value of the Turkish currency. It is noteworthy that one of the side effects, or less symptom of the great economic growth achieved by the Turkish economy during the last period is the decline of the currency due to inflation, which can make this inflation as a healthy and positive phenomenon. But America's economic war on the whole world, from China to Russia to Iran, but to all the big economic countries, even those that are on strategic economic partnership like Canada and the European countries, swept this war even on Turkey and led to a decline in the exchange rate of the Turkish currency Against the dollar.   The other question now arises:   Will this decline continue, and to what extent is this impact, is it temporary or temporary? First: 50% to 60% had a direct impact on the economic crisis between the United States and Turkey as a result of raising the tariff and raising taxes on Turkish products, whether on exports or imports, which created imbalance in the trade balance. Second: It was part of the natural sequence of the decline of the Turkish currency as inflation increased. The question is, will it continue for a long time? The answer concerns the nature of Turkish reactions and how Turkey will deal with the new reality. The dialectical question embodied in: Is it a chance to invest now in Turkey or not? In order to answer this question transparently, let us begin to imagine the nature of possible solutions, which is twofold:   The first solution is to reduce the interest rate, directly with the interest rate hike, accompanied by a reduction in the volume of cash flow in the market and thus the currency will recover. The second solution, which is proposed by the Turkish government, is to increase production. In other words, Turkey was producing 1,000 units with $ 1,000 in cost fir export. Now it produces a thousand and four hundred units until it achieves the same amount, i.e. $ 1,000. Therefore, it needs to increase the volume of production, which is a bit of fatigue for the Turkish economy, especially as some exports depend on raw materials coming from abroad and may affect them. Here again we are asked: Would investing directly in Turkish real estate be worthwhile? Yes, it will be useful if the objective is to achieve capital returns through revaluations over a period of time. It is believed that in the three years - according to the readings of the indicators - will increase by 30% on the value of assets in Turkey. The second issue, are laws in Turkey stable laws? Meaning is the investor, is in  safe for himself? History data confirm that over the past 30 years Turkey has been a state if legislator and laws that encourages foreign investment. It was a stable country despite the volatile movement of the economy, but the laws related to investment attractiveness were very consistent. Therefore, the two points, namely, the emphasis on capital investment in the process of re-evaluation are good, and the laws are also good. Regarding the real estate investment opportunity in Turkey, we find a negative opinion -as said by some observers- that they are negative index by suggesting that -i.e. investment - is invisible as the lira depreciates, and Turkey's economy is unstable. We put this negative view of the analysis objectively to verify its validity. And start with the issue of the Turkish lira and the economy. The Turkish lira has continued to decline for a certain period of time, but the Turkish economy is an existing and stable economy. It is not an imaginary economy. It is an economy that is accompanied by inflation, but it is an existing economy and the Turkish lira will achieve 20% of its losses in the coming year.   Real estate in Turkey is protected by a system of laws and regulations that proved their worth and durability during the period of shaking that hit Turkey. For example, Turkey experienced a coup attempt, yet the investment promotion system remained in place. On the other hand, there are those who support real estate investment in Turkey and see it as a real opportunity for many factors related to the infrastructure in Turkey and accompanying the property and embodied in: - a legal system that supports this, - A good economic system, - Good sculptural structure, - A very stable political system; a good example; when the Turkish state was subjected to economic war, all the strong political opposition inside Turkey joined together with the elected government to face the fierce onslaught coming from abroad to defend the homeland.   With a tiny proportion of reservation, that any economics in the world is not 100% immune, as well as the Turkish economy, but in light of the previous indicators of the stability and balances, namely, political, economical, legal and historical depth of the Turkish economy, and its being not imaginary economy, geographical areas, and technical skills of its experts and manpower, and also being supported by various international economic companies, can be very much assert to conclude saying:   The real estate investment may not have a large direct return on the property on a shirt term, but will have a large capital return over the next three years, during the asset assessment. In either case, the result will not be fraught with any risks.   to learn about some of the most important investment opportunities in turkey please see those links :   IHOME 22 EXCLUSIVE to I HOME INTERNATIONAL direct from the developer, this project is one of its kind with full view of the Marmara Sea. Instalment options are available with 40% down payment and 48 months interest free instalments. Title Deed is available immediately. Strategic location close to major transportation routes. ….. IHOME 84 The project, the most attractive life project of Beylikdüzü is located in a wide area of 92,000 m2 and consists of 17 blocks. Covering 1156 houses ranging from 1 + 1 to 4+ 1, and alsa 39 shops, the project presents a vivid social life. Located on Yaşam Vadisi IValley of Life), extending from inner Beylikdüzü to the coastline, The Project is distinguished from similar projects by being located at a walking distance to leisure, recreation/entertainment and sports areas, education and health facilities, and to various public services. ………. IHOME 85 Our project is being planned in the center of Şişli, fast growing Bomonti district. It's been aimed to be one of the best examples of mixed-usage projects in Istanbul . It is one of the most comprehensive projects offers apartments , residence ,shopping stores , offices as well as a 5 stars hotel . The project consists of 3 independent buildings , a 39 floors Tower and 2 other blocks, with 599 housing units, 60 offices , and 18 shops .

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.Invest $ 250,000 in the Turkish real estate market and get Turkish citizenship

.Invest $ 250,000 in the Turkish real estate market and get Turkish citizenship

.   In an announcement from the Turkish Official Gazette on September 19 stating that the granting of Turkish nationality to foreign investors in the field of real estate has been reduced from one million US dollars to a quarter of the amount means 250 thousand US dollars and detail the news as follows: The Official Gazette No. 106 states that the Law on the Granting of Turkish Nationality to Foreigners has been amended and, in the past, requires either a fixed investment of $ 2 million and now a quarter of this value means 500,000 US dollars The most important news is investment in real estate. The limit for obtaining Turkish citizenship has been reduced from one million US dollars to 250 thousand US dollars These amendments were made by a decision of Turkish President Recep Tayyip Erdogan on the law that was put forward to grant extraordinary citizenship to foreigners in 2010 Article 20 The decision also guarantees reductions on other conditions through which Turkish citizenship can be obtained One of the other ways was to open a company and operate 100 Turkish people and now the limit has reached 50 people only Or the last method was the deposit of $ 3 million in Turkish banks and now this amount has been reduced to only $ 500 thousand . Now the cases of granting Turkish nationality to foreigners have become the following ways that we will explain: 1- Investment with a capital of 500 thousand US dollars or the equivalent of other currencies in the technological or industrial fields 2 - Investment of 250 thousand US dollars in the real estate sector for three consecutive years without selling the property 3. Establishment of a project for the employment of 50 Turkish people 4 - Deposit of 500 thousand US dollars or the equivalent of other currencies in the Turkish banks or the treasury of the State and the Turkish Investment Fund for a period of 3 years   Summary Now you can get your Turkish citizenship with a real estate investment of US $ 250,000 What are you waiting for? Your real estate consultant will contact you and give you the best investment opportunities available to you

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Learn about Istanbul's third largest airport worldwide and its impact on Turkey's economy and real estate investment sector

Learn about Istanbul's third largest airport worldwide and its impact on Turkey's economy and real estate investment sector

    There is no such thing as an event Turkey expects to be closer to the opening of the third airport in Istanbul, which will be at the completion of its five stages in 2023 the largest airport in the world and will enter the service Istanbul Airport on the third of October 29 and this date was chosen because the 95th anniversary of the founding of the Republic of Turkey According to the Minister of Transport and Communications of Turkey, "Ahmed Raslan" that this new airport will have an internal area of 3500 square kilometers and the area of external runways 7300 square kilometers with a capacity of 114 aircraft at the same time and thus will be 130 destinations to more than 120 countries and thus will have an annual capacity of about 200 Million passengers In an optimistic initiative to open the airport, Mr. Ahmed Raslan invited 70 children from all the Turkish provinces to be the first to visit this airport, which is located from the center of Istanbul 35 km What is the impact of Istanbul's new airport on the whole world?   This is the largest airport in the world and will make it an international control point for aircraft traffic between these continents and will certainly affect the regional airports such as Dubai Airport in the Emirates, Frankfurt in Germany and Heathrow Airport in Britain. On the other hand, the Turkish government has built many hopes on this airport and expects to increase the GDP by 5% by 2025 after completion of the entire airport. Turkey also aspires that this airport is one of the most important reasons for achieving its vision for the year 2023 List of the top 10 economies in the world What is the impact of this third Istanbul airport on the Real estate investment sector? Naturally, having a huge airport in a relatively isolated area will lead to increased interest in the real estate sector in that area. Many investors and businessmen want their hotels to be near the airports because they are frequent travelers, and this will help them reduce the time needed to get to the airport every time. And even investors in the field of business and hotels will find investment near the airport a special opportunity because this airport will be a magnet for the whole area and will increase the density of population and business meetings and all of this needs to provide shopping services, hotels and commercial companies and here are the opportunities are promising, The area before the establishment of the airport was very low In any case, the prices are still increasing since the announcement of the plan to establish the airport and then proceed to the implementation of the project and the approach of the opening of the airport   For example, the value of the square meter in the airport area is about 80 TL or about 20 dollars and in 2016 after the actual implementation of the project, the price of square meter is about 300 Turkish liras and therefore we notice the big difference in a short period and this number will continue to rise day after day because the facilities Which will be built around the airport and residential complexes will give the whole region a higher investment value and therefore will increase property prices Is it easy to reach Istanbul's third airport?   A huge project such as Istanbul's new airport will certainly serve all kinds of transportation that will make it easier for travelers to come from anywhere in Istanbul The airport will be connected to the third Istanbul Bridge, the new Istanbul Canal and the northern highways near the Sea of Marmara. This will reduce the congestion in Istanbul and the new metro line to connect all the southern regions of the new airport. What is the impact of the new airport on real estate prices in the region?   This is in addition to improving transportation and new metro lines. This will not only raise real estate prices in the new airport area, but will also lead to a surge in property prices to reach all areas expected to benefit from the impact of the new airport, such as esenyurt beylikduzu and bahchasehir, , which has been prepared for several years to be a pioneer in the field of real estate investment and we will show you some investment opportunities in each of these areas and then continue to talk about the new airport project   Investment opportunities in bahcasehir :   IHOME 12 Advantages : • The location of the project is in a well-known area near the TEM International Road • More than 30 options available for apartments to suit all potentials and aspirations • The possibility of installment up to 10 years with a down payment of only 30%         IHOME 31 Advantages: • The location of the distinctive project in a famous area of calm and high return investment • This project provides 9 different types of apartments to meet all your needs • Close to Istanbul's third airport, Istanbul Canal and the new metro station   IHOME 27 Advantages: • The location of the project in the region of bahcasehir and high return investment • The complex includes both apartments and offices, so you can live and work in the same place • Great views, large windows and a luxurious coat all to give you a happy and luxurious life • The complex is equipped with 3 separate swimming pools for men and women   IHOME 28 Advantages: • The strategic location in the Kucukcekmece area directly on the TEM highway, which earns additional investment benefits • Over 80% of the project area is dedicated to green spaces and recreational activities • It is a new healthy lifestyle that provides you with relaxation, comfort and tranquility   IHOME 30 Advantages: • The project is characterized by the existence of an artificial lake within the area of 35000 square meters with the beach completely you are resident within the city • A 4.5 km trail around the lake surrounded by lush trees to give you the healthy lifestyle you deserve • It is expected that the investment yield for this region will reach 80% within two years • The first installment is 20% and the possibility of installment is available 100 months and the project is now ready for housing   Investment opportunities in Istanbul Beylikduzu :   IHOME 84 The most beautiful and beautiful project which offers you the social and safety life in the city of Yasam vadi  extending from Belikduzu  to the coast and Marina port   IHOME 56 Advantages : • A breathtaking sea view that captures the Sea of Marmara • Family oriented and bedroom options ranging from 2 to 4 per apartment • There is a Turkish bath in each apartment with 3 or 4 bedrooms • 70% of the project area is designated for green spaces and there are special recreational facilities for men and women's separate, so it is a very suitable option for families • Materials used in high quality construction and there is a balcony for each apartment up to 35 square meters • A variety of shops in the project to secure all your needs • The project separates 1.5 km from the metro and 700 meters from the seaport   IHOME 20 Advantages: • The location of the project in the Beylikduzu area, Istanbul's modern center with high investment growth in real estate • The lifestyle of the five-star resorts will not only be the annual holidays but will be your daily lifestyle in this complex • Proximity to the E5 motorway and the Metrobus line, the most important means of transportation in Istanbul   But is there any downside to owning a property near Istanbul's third airport?   To be fair proximity to the airport has advantages and disadvantages, it is easy to travel and travel for businessmen traveling abroad and owns a property near Istanbul Airport III has very high investment advantages because of the inevitability of rising prices over time in that region But one of the drawbacks is that the proximity to Istanbul's third airport means the proximity of the aircraft fleet to the largest airport in the world. Let's take a good example of Ataturk International Airport, where almost every plane drops every two minutes, let alone an international airport that will change the concept of world airlines and affect large regional airports (Dubai, Frankfurt and Heathrow), it is certain that living close to it will not give you a completely peaceful life. Despite the great development of the aircraft industry and the ability of manufacturers to mitigate the noise of aircraft, Sound is the sound of the passage of aircraft over cities, but when landing cannot address the noise from the sound of the engine near the surface of the earth So, if you want a quiet life you should not choose a place very close to the airport, but a logical distance and the area of ​​Kite Hana is ideal for that too You can see our real estate opportunities in which: IHOME 61 Advantages : • The location of the landmark project in the district of Kaghithane, one of Istanbul's finest areas • Near Istanbul's third largest airport in the world • The best materials were selected in construction and cladding • The project is immediately ready for housing   IHOME 62 Advantages : • The location of the landmark project in the district of Kaet Hana, one of Istanbul's finest areas • Near Istanbul's third largest airport in the world • The best materials were selected in construction and cladding • The possibility of installment up to 36 months and the first installment 25%   Or if you are looking for cheap real estate in Istanbul, the real estate opportunities in esenyurt these are suitable for you: IHOME 35 Advantages: • The location of the distinctive project in the region of esenyurt promising in the field of real estate investment • Panoramic view with 85% of the project area dedicated to recreational activities and green spaces • Different styles of apartment options suit all tastes and aspirations   IHOME 11 Advantages: • The location of the distinctive project in the high-return investment area of esenyurt • All details of the project have been taken care of to give you a new style of modern life that suits your expectations and desires • Proximity to E5 and E6   IHOME 19 Advantages : • The first Italian-designed project in Istanbul and the construction company has 30 years’ experience in this field • Prices start from $ 48,000 with the possibility of installment over 3 years • No commission We are the owners of the project     There is another bad property near Istanbul Airport, which is a distance from the center of the city. Yes, there are highways and metro lines to be established to facilitate access to the city center from the airport. However, if you work daily in the city center and travel by airport once a month the idea of owning property near the airport will not be a logical idea, but first choose a place close to the city center such as the Topkapi area: IHOME 42 Advantages : • The location of the distinctive project in the Topkapi area in the center of Istanbul near all public and private facilities and all means of transport • Modern design that will add new meaning to your lifestyle • The project includes residential apartments and work offices alike and is almost immediately ready for housing or work.         Finally, there are the health risks caused by the landing and takeoffs of the aircraft from the airport. Experts pointed out that the area of ​​contaminants up to 16 square kilometers and it looks large area, but we should not forget that this new airport is the largest in the world and the area of ​​the outer squares of 7300 km Box and thus this problem will never have effect In any case, the places near the airport were allocated to the factories and the commercial areas, so the houses and schools of the children will be completely away from the airport, which is a reason for reassurance. For more detailed information on the third airport, we convey to you the most important news from various sources    The new Istanbul airport The Turkish city of Istanbul awaits in October 2018 an economic boom, coinciding with the opening of Istanbul's third airport, one of the world's largest airports, considered by the current government as one of the "crazy" projects, or what is known as the "Century Project", which enters Turkey with a stronger list 10 economies around the world, in order to achieve the most important objectives of the 2023 Plan. Thursday, 22 June 2018, the plane of President Recep Tayyip Erdogan carried out the first landing at the airport, which is the largest airport project around the world built from scratch and said immediately after landing: "We live happily establishment of a majestic airport." On October 6, 2017, the Minister of Transport, Communications and Maritime Navigation, Ahmed Arslan, confirmed that 68% of the construction had already been completed at the airport and that the official opening of the first phase of the airport would be completed on October 29. Although there are many opportunities and mega projects that will contribute to the growth and growth of the Turkish economy, under Plan 2023, the Erdogan government plans to add the new airport the opportunity to achieve unprecedented economic spikes, adding 4.9% to GDP by 2025, as well as entering the list of the top 10 Global economies, according to the Ministry of Transport and Transport. Since the first moments of the 2013 announcement, many Middle Eastern countries and the European Union have begun to view Istanbul III as a threat to their local economies. The airport's operational plans indicate that it will capture traffic and passengers at regional and international airports, In the Middle East, Frankfurt in Germany, and Heathrow Airport in Britain, by its strategic location linking the East and West of the North and South of the globe. It is expected to control aviation in the three continents of Asia, Africa and Europe. The establishment of the new Istanbul airport threatens Britain's Heathrow, the world's third most crowded airport, the newspaper The Economist said in a report published last year. The Grand Istanbul project will be the "biggest threat to European air transport" . Istanbul currently has Atatürk airports in the European part and Sabiha Kokgen in the Asian part. The third airport is in the European part, also overlooking the Black Sea, where the four phases of the project will be completed by 2023. It will contribute significantly to supporting international trade and economic development; then Turkey will be the center of the global trade movement. Since Turkish President Recep Tayyip Erdoğan laid the cornerstone for Istanbul's third airport in June 2014, in a move that supports the government's plans to develop and raise investment rates, improve the tourism situation and support the economy, very to connect the airport to the city center, and facilitate traffic towards it. Turkish Prime Minister Ben Ali Yildirim has repeatedly stressed that his country will become an air link linking the three major continents (Europe, Asia and Africa) once the airport is fully completed, which will provide 90 million passengers a year. Work for more than 100 thousand people. The airport's investment amounted to 10 billion euros (equivalent to 10.6 billion dollars) and is implemented in cooperation between the public and private sectors. The government says the operation of the airport will generate 22 billion euros (about $ 23 billion) in revenue over 25 years. Once fully completed, the airport can provide services to 200 million passengers a year, making it a "connecting point" connecting the world's nations before launching again through open space.     - Global competition Turkey has made important progress in the field of aviation and tourism industry, compared to the rest of the world, with the apparent importance of successive governments of the Justice and Development Party in the development of the economic sector. The number of Turkish airports rose from 25 to 55 airports in 2015, during Erdogan's party governments, and the number of Turkish passengers increased from 35 million to 180 million a year in the same year. Turkey considers the new airport project to play an important role in achieving its economic goals of entering the list of the top 10 economies in the world by 2023. The government says the new airport will change the course of economic and development events around the world by its size, size and service capabilities. This will contribute to the transfer of global funds to Istanbul, thereby realizing its vision of making the city the largest financial, economic and commercial center in the region. Although the airport has not yet entered the service, its high expectations have made it an area of ​​concern for Europeans and Middle Eastern countries, which are concerned about its impact on the classification of several European and Middle Eastern airports. The Turkish government's announcement of Istanbul's development projects, including the third Istanbul Airport, the Eurasia Tunnel, the Istanbul Tunnel, the Metro Marmari, the Sultan Yavuz Selim Bridge and the Sultan Ghazi Bridge, coincided with the involvement of Arab and European countries in supporting the events of Gizi Park. Counter-revolutions of the Arab Spring.   The Turkish government often hints at the involvement of Turkey's allies in supporting or dissuading the AKP, which Turkey began to reap, including the development of the Gizi Park. - Where is the new airport located? The new airport is located on the European side of the city, within a forest area and nature reserves of the Turkish state, covering an area of ​​7,500 hectares. Dutch companies offered to contribute to the project, but later withdrew. The withdrawal justified the airport as a threat to the environment because of its establishment in a forest area that is the lung of Istanbul. The airport's executive director, Yusuf Akchayoglu, rejected the project. Appointed at the airport director of the environment. The construction of the airport is currently being carried out by a group of Turkish companies: Genghis, Collin, Limac, Kalimapa, where it won the tender in 2013 and is to be operated by companies for 25 years before being transferred to the government. To manage aviation traffic with the highest degree of efficiency and professionalism, the airport management has established a first-of-its-kind bird flu surveillance radar with a crew of 6 specialists to minimize the potential impact of birds on air traffic.   - What distinguishes the airport? The new airport features a wide area of ​​150 million passengers, up to 200 million at the end of its four stages, with 165 bridges for passenger passengers, an indoor area of ​​1.5 million square meters, parking for 7,000 vehicles, 6 landing and independent runways , 16 parallel runways, 6 million square meters and 500 square meters for 500 aircraft. The airport also includes 3 high-tech buildings, an aircraft traffic control tower, VIP lounges with luxury hotels, hospitals and emergency center, prayer rooms, conference centers, 4 airport buildings, connected by electric drawers, followed by the state, power plants, water treatment facilities and waste. Because Turkey has an emerging and growing economy under the Justice and Development Government since 2002, Erdogan's government, after opening the third airport, seeks to make Istanbul one of the largest financial and economic centers around the world. Turkish Airlines forecasts that 125 million passengers (60 million passengers) will be transported annually by 2025; the new airport will transport 160 million passengers annually in its early stages. Although Ataturk Airport in Istanbul is a new airport with a capacity of 60 million passengers a year, but the growth of the number of passengers fast, the Turkish government is quick to think about overcoming some of the obstacles caused by large aircraft traffic as in 2015, and to avoid the cancellation and delay of flights, The construction of the new airport is inevitable and a reality imposed and an opportunity to achieve the most important goals of the government of justice development may not compensate, and make a boom in its economy and make it a financial and commercial center in the region.     - Growing population Nearly 80 million people live in Turkey. The number of residents is increasing with the number of tourists increasing throughout the year. The presence of two airports in Istanbul with this heavy air traffic is never enough for these numbers, so the government started building Istanbul airport with a population of about 18 million people and 4 million residents.   In its report "Technical Characteristics of Istanbul III Airport" on June 7, 2014, the Turkish newspaper "Hurriyet" revealed that the third airport is one of the largest international airports, based on the size of the passengers who will be able to accommodate them in return and return flights. The construction process, which used 350 thousand tons of steel and iron, 10 thousand tons of aluminum and 415 thousand square meters of glass. In a bid to attract and acquire the largest number of business centers and mega-corporations around the world, Turkey has established the new airport in coordination with major projects all converging at one point, combining the airport area, rapid transport line and the express train line and the parallel canal of Bosphorus "Istanbul Channel" one way . The site also provides travelers with access to air, land and sea transport centers at the same time. According to the economic expert and Turkish businessman Ghazwan al-Masri, the establishment of the airport by these specifications enhances the position of the geographical location of Istanbul as a base station and a corridor for passengers around the world. "Istanbul is the only city in the world from which you can travel to 53 countries. In a press statement, Masri said that the stability of the large financial activity in Istanbul requires the provision of large transport services that facilitate the travel and transportation of businessmen, investors and tourists alike, and Turkey can provide transit services to them through airport .

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Mall of Istanbul

Mall of Istanbul

Mall of Istanbul   The largest shopping center in Turkey and the second at the level of Europe, including dozens of hundreds of international brands and a lot of fun recreational activities in addition to housing, offices and hotels What is it in details??   The Mall of Istanbul is located in the European section of Istanbul and is located in the famous bashakshehir  area on the basen Express highway connecting TEM  and Ataturk International Airport Opened in 2014 by GYO's largest real estate investment company, the mall has 350 stores and hundreds of other services Shopping, arts, cultural exchange and fun meet under one roof, as well as delicious foods from various international cuisines and cafes offering the best coffee and drinks around the world. The most famous and unique theater, the largest closed theme park in the world and the largest Cintech cinema in Turkey. All these special events are in one place: the Mall of Istanbul       In the architectural design of the mall, the concept was derived from the structure of Istanbul, consisting of 7 hills and corresponding in the center 4 residential buildings, office building, hotel building and shopping center building Sultanahmet and the Star Park and Park are all features included in the design of the Mall of Istanbul in addition to the high glass ceilings that allow the sun to enter always of the day, which earn visitors healthy natural light that enables them to walk comfortably and easily The Mall of Istanbul is rated as the best mixed-use center (housing, office, hotel and shopping) in Europe   How to reach Mall of Istanbul? 1 - If you are in the area of ​​Yenikapi or Aksaray  or around it, you should use the metro line M1, which ends at the station of  Kirazli and then ride the free bashakshehir metro line  and get off at the station iketelli .The mall will be 800 meters away and there is a free shuttle service from the metro station To the mall continuously 2. From and around the faith area, one of the bus lines 146T or 142E can be used to reach the Demirciler Sitesi station opposite the entrance of the Mall of Istanbul. 3 - If you are near the metrobus line which is the most important means of public transport in Istanbul you can reach the station Yenibosna and then use buses 98H or 78 B and access to the industrial city station itself opposite the entrance of the mall Generally, the Mall of Istanbul opens at 10 am every day and continues until 10pm. It is worth mentioning that there are certain seasons for discounts where some international brand products are sold at very low prices for only a few hours during a specific day The indoor amusement park offers your children a fun time with different types of games based on international standards Also the artistic theater and the big cinema there make the Mall of Istanbul a place that never tires The shops in which the visitor will not be able to examine them all in one day, which requires several visits to surround the beauty and diversity of these shops The restaurant and cafeteria floor is so varied that you will never tire of going to the mall of Istanbul, no matter how often you visit it It is known that most visitors Mall of Istanbul are Arabs and tourists in general, so there are always dedicated offers to keep the spotlight on this mall to find the tourist time after time and every visit is doing something new attractive   Some of the brands that are in the mall of Istanbul LTB AKER DESA DEBENHAMS Avea B&G Store Calzedonıa Geoff Geick KARACA Twiggy Zain Barakat Donner Bernardo Pemex Epicule ALTINBASH Roman Toys Shop Asus Dichman Ivor Kogak Gold DS Damat Arish Atalar Giovanni gentel Deffacto Jarkal Brand Rom Flo Bambi Adidas decathlon atasay D&R Atasun Optik Burger King Arby’s Benetton Bershka Lufian Altınyıldız Arçelik Balon Evi Bosch Camper Clarks Derimod Dufy Aldo Arzu Kaprol Bisse Dockers Apple Eczane 678 aksesuar abbate Abc mobilya-furniture design adore lego Aldar restoran Aziz Bebe Barnies Bay Döner Beeves Biev Big Chefs Bind Çikolata Bowling Brn Yatak Build A Bear Buldumbuldum Campione Caribu Coffe Carnavale Cesars Erkek Giyim Chima Coffe Shop Comp Colins Cosmo Home Çıtır Usta Çiçek Izgara Dilek Pastanesi Dipndip Dore Müzik Dry Coner Ebebek Enplus If you are interested in real estate investment in basen Express, Istanbul's first investment destination in 2018, you will find the following opportunities: IHOME 03 Advantages: + Invest in a guarantee from Rotana International and an annual investment return of at least $ 20,000 + The location of the distinctive project close to the means of transport, commercial centers, highways and the headquarters of international companies + Kitchen equipped with all the facilities and services that provide you with a full and happy life + The project is near the famous Mall of Istanbul and is the largest mall in Turkey     IHOME 04 Advantages: + The location of the distinctive project on the bassen Express road connecting the most important highways E5 and TEM + Luxury life offers you this project with its distinctive appearance and gives you comfort with a ceiling height of 3.10 meters + bassen Express is the link between old and modern Istanbul and the gathering area of ​​international companies, hotels and businessmen   IHOME 05 Advantages: + Modern architectural design in the shape of a triangle to ensure the greatest benefit of daylight + The highest tower in the bassan Express road 150 meters high, which will add to the project a touch of prestige and prestige + Whether your goal is housing or investment, this project is suitable because it includes apartments and investment hotel   IHOME 06 Advantages : + Modern architectural design in the form of a triangle to ensure the greatest benefit of daylight by the world designer Philippe Starck + The highest tower in the bassan Express road 150 meters high, which will add to the project a touch of prestige and magnificence + The Chinese wanda quality standards have been adopted to provide a unique experience for local and international hotel guests   IHOME 29 Advantages: + Project location in the heart of Istanbul near the city center, airport, transportation and all services + Wide options fit all desires as available in the project residential apartments and offices for work + The project offers a peaceful and luxurious lifestyle despite its proximity to the city center IHOME 47 Advantages: + The project site is on the basen Expressway and is the best place to invest in Istanbul + The project is equipped with the concept of home and office together, so you can live or work in the same place + Modernity and luxury are a prominent feature in every corner of this project   IHOME 50 Advantages: + Location of the distinctive project on the basen Expressway very promising in the field of real estate investment + The project is in the concept of accommodation / work, so you can choose the style that suits you + Wide options ranging from 40 square meters to 215 square meters with prices starting at $ 60,000   IHOME 71 Advantages: + The ideal location of the project in the area of ​​Gonesli near the Passen Express This area is very promising in real estate investment + Near the project of Passan Express means that access to other highways E5 and TEM is easy and thus access to Istanbul airports or any other point will be a walk + The project is located near the park of a metro station and the other station is only 70 meters away and therefore there will be no problem moving if the roads are crowded + Materials used in the construction of the first type in addition to providing each apartment with a private balcony + Houses equipped with smart systems to give you a high degree of safety and comfort

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Get to Know Pasen Express's First Destination for Real Estate Investment in Istanbul

Get to Know Pasen Express's First Destination for Real Estate Investment in Istanbul

Istanbul is a city where the present met with the past. it is an ancient city that has been established for more than 3000 years and it is full of fascinating archaeological monuments left by civilization after civilization intended by tourists from all over the world, especially that the recreation areas are many of the beaches,  health centers,  sulfur water and also has its markets , centers And so the tourist program to Istanbul is full, no matter how long you stay in Istanbul. Istanbul has two continents, Asia and Europe. The Asian section has a smaller population, large green spaces and generally a quieter area than the European section, but It is far from the city center, tourist attractions and large commercial markets. As for real estate investment in Istanbul, we have talked about it in several articles: Top ten reasons to invest in Turkey The pros and cons of real estate investing in Turkey What types of real estate investing in Turkey?   Today, we will allocate the Expressway and shed light on the key points that will make it the first destination for investors in 2018 Located in the European section of Istanbul, Passen Express represents the road between Istanbul's two most important highways, the E5 and the TEM. The Passen Express has gained a strategic location that is easily accessible anywhere inside or outside Istanbul without having to collide with Istanbul Known As a result, dozens of large corporate centers and large hotel chains have been established along the Al Bassin Express road, which has given it additional importance and a very high investment value Most of these projects are now under construction and investors can benefit from reduced prices as the projects are not completed yet. When these projects are completed soon, they will be a great attraction for the meeting of these luxury brands in one place. There are many reasons why Passen Express offers great importance that we will talk about it in details: Distinct geographic location: In addition, the Pasen Express Expressway connects the two main roads as well as the top. The area itself is a strategic area of ​​proximity to Ataturk International Airport and the Mall of Istanbul (Europe's largest shopping mall), as well as dozens of access roads. Place your work in Istanbul in a short time and comfortably Naturally, real estate prices are very high in central areas such as Pasen Express but the fact that prices are very appropriate and logical to the extreme 2- The diversity of transportation means: In addition to the highways with which the Pasen Express road connects Istanbul and Europe, there is interest from the Turkish government to establish a strong infrastructure to serve the region as best as possible A new highway will connect the third bridge in Istanbul with the third airport and the first phase will be opened soon The metro line from Ataturk to ekteli area near the Mall of Istanbul is under construction and will enter service soon next year, which in turn will give the investor additional benefits and other options to facilitate mobility to any place in Istanbul   3 - Collecting large brands: The fact that the area of ​​Pasen Express was relatively remote in terms of real estate investment has led to a relatively low price of land and real estate. Therefore, it has become a major trademark and has gathered to invest along this road to move it to a new stage of luxury and excellence. It is worth mentioning that these brands varied from the five hotels Stars to universities, medical services, hospitals and such gathering calls for the presence of real estate investment companies, trade, import, export and banks The most famous universities on the Passen Express Road: the University of Istanbul aydin , the altinbas  , the University of Kemberburgaz, and the University of Marmara, as well as a number of other universities close to Passen Express Five star hotels: Dyson Park, Marriott, Holiday, Windham Grand, Sheraton, Hilton, Rotana, Luanda Vista and many others. The most important hospitals and medical service centers: Medipol, Yagledir, Ardim, Waxa and Mohamed Akif There are also branches of important banks in Turkey, most notably the Bank of Turkey and the Bank of Garanti and the Bank of Creation as well as the bank Waqf   4 - Fast growth experienced by Pasen Express The Passen Express road was a simple industrial area and there was no focus on real estate investment in it, although it was important to the old but there was no direction for the big brands we talked about at the top to invest in this privileged place Now with the increasing interest of foreign investors, the Turkish government has accelerated the facilitation of investment in the Pasen Express route and has paid great attention to the spending of millions to secure the advanced infrastructure to ensure the service of this region at the highest levels The rapid transformation of Pasen Express in real estate investment is not the first experience of the Turkish government. It has previously succeeded in renovating the Bamonti area in Sisli and its price difference is very clear compared to the pre-renewal period This is indicative of the fact that it shows that Passen Express is on its way to witness a significant rise in prices during the next few years, especially after the completion of all the projects mentioned above.   5. Low prices In spite of all the advantages of the Passen Express, there is still the advantage of low prices to invest in it is the most prominent at all and to understand the savings that you can get now if you want to invest in the Pasen Express way Let us take the area of ​​Atakoy near the Passen Express as an example, It is close to Ataturk airport, Marmara Sea and highways are not separated by Passen Express more than 5 minutes by car The price per square meter in Atakoy is between $ 3,500- $ 4,000 Surprisingly, the price per square meter on Pasen Express is less than $ 2,000 on average Thus, to obtain an apartment area of 100 square meters in Atakoy area will cost you approximately 400.000 USD While you can get an apartment the same size in the Pasen Express way at 180.000 US dollars and does not separate the two areas very close to you can imagine the difference in price now You can easily predict the price increase in the Pasen Express area when the planned projects are completed For these reasons, the Pasen Express region will be one of the best areas to invest in Istanbul in 2018 and in the coming years We will give you some of the best investment projects located on Pasen Express Road:   IHOME 03 Advantages: + Invest in a guarantee from Rotana International and an annual investment return of at least $ 20,000 + The location of the distinctive project close to the means of transport, commercial centers, highways and the headquarters of international companies + Kitchen equipped with all the facilities and services that provide you with a full and happy life + The project is near the famous Mall of Istanbul and is the largest mall in Turkey     IHOME 04 Advantages: + The location of the distinctive project on the Passen Express road connecting the most important highways E5 and TEM + Luxury life offers you this project with its distinctive appearance and gives you comfort with a ceiling height of 3.10 meters + Passen Express is the link between old and modern Istanbul and the gathering area of ​​international companies, hotels and businessmen   IHOME 05 Advantages: + Modern architectural design in the shape of a triangle to ensure the greatest benefit of daylight + The highest tower in the Pasen Express road 150 meters high, which will add to the project a touch of prestige and prestige + Whether your goal is housing or investment, this project is suitable because it includes apartments and investment hotel   IHOME 06 Advantages: + Modern architectural design in the form of a triangle to ensure the greatest benefit of daylight by the world designer Philippe Starck + The highest tower in the Pasen Express road 150 meters high, which will add to the project a touch of prestige and magnificence + The Chinese wanda quality standards have been adopted to provide a unique experience for local and international hotel guests   IHOME 29 Advantages: + Project location in the heart of Istanbul near the city center, airport, transportation and all services + Wide options fit all desires as available in the project residential apartments and offices for work + The project offers a peaceful and luxurious lifestyle despite its proximity to the city center   IHOME 47 Advantages: + The project site is on the Expressway and is the best place to invest in Istanbul + The project is equipped with the concept of home and office together, so you can live or work in the same place + Modernity and luxury are a prominent feature in every corner of this project   IHOME 50 Advantages: + Location of the distinctive project on the Expressway very promising in the field of real estate investment + The project is in the concept of accommodation / work, so you can choose the style that suits you + Wide options ranging from 40 square meters to 215 square meters with prices starting at $ 60,000   IHOME 71 Advantages: + The ideal location of the project in ​​Gunesli near the Expressway Passen Express This area is very promising in real estate investment + Near the project of Pasen Express means that access to other highways E5 and TEM is easy and thus access to Istanbul airports or any other point will be a walk + The project is located near the park of a metro station and the other station is only 70 meters away and therefore there will be no problem moving if the roads are crowded + Materials used in the construction of the first type in addition to providing each apartment with a private balcony + Houses equipped with smart systems to give you a high degree of safety and comfort  

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Learn about real estate sales statistics in Turkey during July 2018

Learn about real estate sales statistics in Turkey during July 2018

  The increase in the value of the exchange rate of the US dollar against the Turkish lira is an irreplaceable opportunity to buy real estate in Turkey. This is confirmed by the statistics during the month of July as the percentage of increased sales of foreign investors to real estate in Turkey 65% ​​with a total number of apartments more than 2800 apartments As for the month of August, the rate of exchange of the Turkish lira against the US dollar was the lowest ever and therefore the statistics at the end of this month will carry many increases in the number of properties that will be owned by foreigners in Turkey Back to the statistics of the month of July the city of Istanbul is topped the list and got the number of properties sold in which exceeded 950 property during the month of July only and second place in the state of Antalya, which reached the number of properties sold 650 properties Bursa was ranked third with 175 properties and four states of Yalova, which is famous for hot sulfur springs, with 166 properties,   As for the nationalities of foreigners who bought these properties, Iraq was ranked first as usual, as Iraqi investors are often the top buyers in Turkey if the number of properties purchased by Iraqi investors in Turkey during July 2018 is 585 Saudi Arabia ranks around 320 properties The Russians and Kuwaitis are the number of property owners in Turkey during the month of July by 170 properties   If you would like to get to know some properties in Yalova. you have these opportunities:   IHOME 66 Advantages: + The project site in Yalova guarantees for you and your family a healthy life in nature + Although the project is close to the University of Yalova, service centers and sulfur water baths are there + Design Inspired by the spirit of nature, the structure blends with the direct green spaces + Wide balconies guarantee you the greatest amount of contact and benefit from fresh air freshening + 10% discount on cash payment IHOME 67 Advantages: + Location of the project in the state of Yalova , famous for its health and natural spas + The project has a direct view of the sea and forests + All service and entertainment facilities are close to you + 10% discount on cash payment ..........     IHOME 68 Advantages: + Villas in Yalova area is a wonderful natural retreat in Turkey + Spacious areas starting from 400 square meters with integrated entertainment and sports services + The project is immediately ready to move …………   IHOME 69 Advantages: + The location of the project in the state of Yalova with a healthy nature and a distinctive life in the lap of nature + Various areas suitable for all requests, budgets and project ready for immediate housing

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The rise in the value of the US dollar exchange against the Turkish lira is an irreplaceable opportunity to buy real estate in Turkey

The rise in the value of the US dollar exchange against the Turkish lira is an irreplaceable opportunity to buy real estate in Turkey

In the past few days, the exchange rate of the Turkish lira against the US dollar has risen to 7 lira against every dollar. To understand this difference, we should know that just one month ago, the exchange rate of each dollar was about 4.5 Turkish lira. We are talking about a 64% decline in one month Though, today the 100 thousand dollars worth about 700 thousand Turkish liras and this amount today is enough to buy a luxury villa in a tourist area or buy luxury apartment in modern areas within Istanbul or you can buy two apartments in some of the medium tourist areas in Istanbul This is an irreplaceable opportunity for foreign tourists to buy a dream apartment in the most beautiful tourist areas in Turkey, especially after the pressures they face as a result of the deterioration of economic conditions in the Arab countries and today Turkey provides shelter for any emergency that may happen in these countries It is remarkable that this shelter is beautiful and at a much cheaper price than in the Arab countries. On the other hand, Turkey is a Muslim country and allows foreigners to own and acquire Turkish nationality. One might ask that the appreciation of the dollar against the lira is also due to a rise in real estate prices. This is true in weak countries whose traders drive greed in double profits. Real estate prices are calculated for the dollar every day, but in Turkey, the dollar is not adopted in the pricing of real estate because the Turkish contractor understands the importance of turning the wheel quickly, At the old price and then future projects can be sold at the price of the new dollar, which in itself guarantees future investment gains for your property, then prices will rise in the future and earn you additional profits Also to understand this idea better, we should know that the residential project in Turkey is completed within six months and start selling since obtaining the plans of the municipality Thus, the sale of housing projects built on the basis of the old dollar price is better to sell at the same price now after the rise in the dollar price in order to get money to build a new project And the saving of the entrepreneurs to their capital through the projects they build, as for their bank accounts, they do not include more than 10% of their capital and therefore despite the decline in the exchange rate of the pound against the dollar, the contractor preferred to bear the losses that resulted from the difference exchange rate and offer the property at the same old price or The price is very close to it Thus, we will answer the question of whether real estate prices will change after the rise in the dollar   We must not forget that Turkey is a country that relies on itself in production, engineering, medicine, industry and agriculture, so the imported materials are much lower compared to other countries This means that the difference in the price of the dollar will have a limited impact, for example, if the price of the dollar will not double the prices of food products, industrial and agricultural internal because they rely mainly on the Turkish lira in its dealings And now we offer you the most important investment opportunities which are still fixed prices in Turkish lira and thus prices written in US dollars in each link declined and please communicate with us to give you the new price: IHOME 42 Advantages: + The location of the distinctive project in the area of ​​Topkapi in the center of Istanbul near all public and private facilities and all means of transport + Modern modern design that will add new meaning to your lifestyle + The project includes residential apartments and offices for work and is almost ready immediately for housing or work     IHOME 19 Advantages: + The first Italian-designed project in Istanbul and the construction company has 30 years experience in this field + Prices start from 48000 $ with the possibility of installment over 3 years + No commission We are the owners of the project What are you waiting for? Quickly fill in your information so that the real estate advisor can contact you and give you the best offers and prices

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Latest real estate investment news in Turkey

Latest real estate investment news in Turkey

The growth of the Turkish economy and the growth of the real estate sector in particular is becoming increasingly evident. Many Istanbul real estate investors are looking for real figures on this growth so that they can rest assured and start investing effectively. Today, we have brought home sales figures for Turkey in the current month of 7 and compare them with the previous year At the beginning of July 7, 2018, Turkey saw a rise of 22.4% in sales of homes compared with the same month last year The total sales during the month of June 2018 is 119,413 houses throughout the country including Turks and foreigners At the forefront of the states was Istanbul with a total number of houses sold was 20,547, representing 17.2% of the total home sales in Turkey. It is worth mentioning that there are about ten thousand houses were sold for the first time in Istanbul, which are all new properties, and this means that for every old house It was transferred to Istanbul. There is a new house being sold for the first time   What awaits a higher percentage of this to start your investment in real estate in Istanbul?? After Istanbul, Ankara came second with the total number of houses sold during July this year reached 12,078 houses, representing 10% of the total number of houses sold in Turkey. The number of houses sold for the first time was 4279 houses, which is approximately 35% Total number of houses sold in Ankara during July   In the third place came the city of Izmir in the number of houses 6888 in June of this year also the number of 2937 homes are sold for the first time in Izmir The rest of the total number of houses sold was distributed to the rest of the Turkish states These were the general statistics in the sale of houses in Turkey, whether for Turks or foreign investors during the month of June of 2018   And now you as an investor interested in identifying the numbers that belong to foreigners and therefore we will separate them in terms of investor countries and in terms of the most states in Turkey, where the purchase of houses   Domestic sales to foreign investors by their countries during July of 2018 1. Iraq: 315 houses 2. Iran: 228 houses 3. Russia: 169 houses Afghanistan: 139 houses 5- Saudi Arabia: 110 houses The rest of the countries in smaller numbers will not be separated for fear of prolongation         What are the most popular states selling homes to foreigners: Istanbul: 764 houses Antalya: 525 houses Bourse: 117 houses Ankara: 83 houses 5. Yalova: 74 houses And the rest of the states in fewer numbers     Now, when we talk about more than 2,000 houses being sold to foreigners in one month within Turkey, this number is not very small. Therefore, for those interested in real estate investing in Turkey, we will offer you some options: The first Italian-designed project in Istanbul and the construction company has 30 years’ experience in this field from here: IHOME 19   The unique project location in the district of Kagithane, one of Istanbul's most prestigious areas in addition to the proximity to Istanbul's third largest airport in the world from here: IHOME 61     The project is for families and bedroom options from 2 to 4 in each apartment A breath-taking sea view on the Sea of Marmara from here: IHOME 56   Apartment with a direct view of the Bosphorus 3 + 1 with an area of 330 square meters, the 26th floor from here Bosphorus 3+1 Flat  

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Real estate investment in Istanbul

Real estate investment in Istanbul

All investors are always looking for the best types of real estate, commercial, agricultural or industrial investment in the economically active countries with the largest profit return Turkey is a very promising country with high economic growth rates, and we should not forget that Turkey was 10 years ago with an economy ranking of more than 100%. Today, it is the 16th largest economy in the world. And the sixth at the level of Europe Before talking about investment opportunities in Turkey let us mention the reasons why Turkey is the country most suitable for investment Investment in Turkey is a wide area, which includes the real estate sector and then industry, especially the automotive industry and then the food and agriculture sectors and the general commercial sectors do not forget the field of medicine and health and finally the sectors of finance, banks, telecommunications and transportation   Why invest in Turkey specifically?   In addition to the economic growth we have discussed above, we have previously listed the top ten reasons for investing in Turkey, as well as the growing growth rate and exports, which have more than quadrupled in the last ten years, and other facilities provided by the Turkish government to foreign investors to encourage them to invest in Turkey Before we offer some investment opportunities in the field of real estate we will talk about the rest of the sectors and development with the knowledge that the development of any investment sector will have a positive impact on the whole country and thus a positive impact on the rest of the sectors For the automotive industry, Turkey has lost 3 times as much production capacity between 2002 and 2013 as it had 375,000 cars and in 2013 it exceeded 1.125 million cars, making it a world ranking among the largest manufacturers of cars As for the investment in the agriculture and food sector in Turkey, it is worth mentioning that Turkey includes varieties of plants, vegetables and fruits equal to the number of species owned by Europe combined. Among the most important products that highlight Turkey globally in its production are hazelnuts, raisins, apricots and dried figs If we go to talk about livestock and products, Turkey is the first place in the neighbouring countries to produce milk, milk, cheese and its derivatives If we talk about the transport sector, the number of bridges, metro lines and highways that are built by land and sea is hardly difficult to count for the progress and speed. As for air transport, Ataturk International Airport now receives or launches a plane every two minute. Turkey is also about to open the third airport which will be the largest on the level of the whole world aims to double the number of flights IHOME 61 IHOME 62 IHOME 63 IHOME 64   The real estate properties in the area of ​​KaiteHana are characterized by the following   Its location is in the district of Kaighthane, one of Istanbul's most prestigious areas, an area full of monuments, theatres and cinemas The area of ​​kaighthane  combines the spirit of ancient civilization with modern residential complexes Near Istanbul's third largest airport in the world The best materials were chosen in construction and cladding The possibility of installment up to 36 months and a first payment 25%         What are the best investment options in Istanbul in general?   Istanbul is the vibrant spirit of Turkey and more than a quarter of Turkey's population lives in Istanbul, the business hub and the link between the European and Asian continents With the acceleration of the development in Istanbul in particular, the demand for investment is increasing by investors from around the world, especially in real estate But in fact, investing in real estate in Turkey has pros and cons some of the drawbacks we have detailed in an earlier article to us: the pros and cons of real estate investment in Turkey And also, for real estate investment types you can identify through this article:   What types of real estate investing in Turkey?   We will not write more about the types of real estate investment in Istanbul for fear of prolongation and we will move on to answer a question             Why real estate investing in Istanbul specifically?   Turkey is the most stable country in the region and the real estate sector in particular depends heavily on the security and stability of the state. It is also one of the best sectors in the field of investment in terms of return on investment, which is a safe sector away from risks and with guaranteed profits. It is relatively well calculated, and in Turkey in particular, real estate prices are constantly rising because of the growing demand for them and this provides additional gains for investors   What are the best investment projects in Istanbul now?   Today, Istanbul is very different from Istanbul, which was a decade ago. Former neighborhoods that were once transformed into bustling markets after the renovation of old monuments and the establishment of modern residential complexes throughout Istanbul As for the suburbs of Istanbul, it is not appropriate for us to call them suburbs because they really do not differ from the heart of the city in terms of the quality of services, transportation, government departments, education and health centres, The areas that were empty for five years today are full of traffic, cafes, restaurants, corporate centres, transportation, shops and malls Not to mention villas with direct sea views are quiet and clean on one side and are close to highways to facilitate access to any place in Istanbul In the field of investment, the Turkish government allowed citizens of more than 183 countries around the world to own in Turkey, including Arab countries, and what is more remarkable is that the rights of foreign investors are complete and equal to the rights of the countrymen themselves without any differentiation The investor obtains permanent residence in Turkey and obtains Turkish citizenship at the investment of $ 300 thousand: Get your Turkish citizenship with an investment of $ 300,000 now Turkey also has a conservative environment if compared to European countries, Islam is widespread and Turkish people's morals are tolerant and close to the morals of the good Arabs In the end, Turkey's climate does not compensate for the Bosphorus, the Bursa Falls, the green Trabzon Mountains, and Antalya's beaches. Statistics signals that the number of investors since 2013 exceeds 15 thousand foreign investors from foreign countries such as Russia and Britain and from Arab countries such as Saudi Arabia, Kuwait and Iraq What are you waiting for? You can also own property in Istanbul with the help of I home international, which has long experience in this field   Just enter your information and the team will contact you to give you the right offers for your application and budget

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Real estate investment in Istanbul Full Guide

Real estate investment in Istanbul Full Guide

The unique geographical location of the city of Istanbul, which is the centre of the European and Asian continents, as well as the vitality of this city, which is full of business meetings and the headquarters of large companies, as well as the extensive urban development that is taking place in the country all this has made Turkey in general and Istanbul in particular the focus of investors looking to establish profitable projects or wishing to research. About a place to live at affordable prices and great services This has led to an increase in the demand for the real estate market in Istanbul dramatically and prices continue to rise continuously from year to year, which increased the profits of investors, especially after the suburbs have already invested in the cities of beautiful and bustling movement and activity Istanbul is the only one to sell more than 20% of Turkey's real estate. It is no surprise that Istanbul is rapidly developing bridges, transportation, residential complexes, high-rise office buildings, hotels and shopping malls, reflecting a very bright future for investment. Therefore, we are not surprised by the continuous campaigns to distort Turkey, which is launched by Western countries, hoping to distract the attention of investors from Turkey and directed to Europe, which reached a stage where the economy grows very slowly and less than expectations We must not forget the tensions in the Arab countries, which has made investors seriously looking for an alternative country with a strong economy to invest their large and small investments and found in Turkey in general and Istanbul in particular a safe haven for profitable and truly meaningful investments       To facilitate this guide, we will divide it into simplified steps:   What is the place for you to start your property investment in Istanbul In a city of more than 15 million people and more than 3 million tourists, you must study them well before you make your investment decision and for that we will mention the most important areas suitable for investment and we will classify them into two parts: old investment areas and modern investment areas As we know that Istanbul has witnessed a very large urban development in recent years, therefore, the existing investment areas before the period of this growth is relatively old and the suburbs and new areas are modern and in general characterized by old investment areas but their investment in medium and large capital only and the modern areas are characterized by urban development and also suitable investment in all types of budgets Old investment areas The old district of the well-known Shishli district of Istanbul was formerly the centre of the impoverished and neglected section of the population. However, its location attracted the attention of the old investors, which led to a remarkable construction boom in the area in terms of structure and in terms of hotels such as the Hilton and Beaumonti Tower. Where prices are likely to rise again in the next five years due to its proximity to Nishan Tashi, the city's upscale city centre Bosphorus Strait: Among us do not know the most beautiful strait in Istanbul which is a kiss to attract tourists through straits, restaurants and hotels scattered along the strait Explain the beauty of a strait cannot words so we will attach a simple picture may bring you a little of the beauty of the strait       What do you think of owning a house in this wonderful place?? If you are interested in this, we invite you to see an apartment for sale on the Bosphorus Located in the heart of the country, the prices are high, and the investment is highly profitable due to its proximity to the most important tourist areas of Istanbul such as Taksim Square, Bosphorus, Galata Tower Here's a picture of this wonderful area If you are interested in property in this area you can visit an apartment for sale in Beyoglu   The region of Besektas: is also one of the important areas overlooking the Bosphorus Strait where the rich class and property prices are constantly rising and the price of a meter to more than $ 2,000 since 2014 and also wages are high and therefore suitable for luxury real estate investment uskudar area: It is located in the Asian section of Istanbul with a direct view of the Bosphorus Strait and is considered the most important tourist area in the Asian section of Istanbul because it includes the famous puppet hill and the tower of the girl built in the waters of the Strait, as well as many restaurants with wonderful views, which is the nerve of the Asian section in Istanbul Multiple transfers for all places and also a clean environment away from the busy city canter If you are interested in owning a property in uskudar you can see an apartment opportunity for sale in uskudar         Modern areas in Istanbul And to move from the old areas of investment in Istanbul to the new areas we are in front of the suburbs, which were a few years ago empty places and life is today is competing with the heart of Istanbul in terms of luxury and urban development and active life and also at very competitive prices compared to the old areas of investment in Istanbul Where the modern investors were able to achieve profits exceeded expectations despite the short period of investment they have been in these suburbs are expanding very rapidly expanding in conjunction with the necessary services of health centres and educational means of transport in various forms and do not lengthen the general explanation of them we will begin to allocate these areas and speak about one and one       Beylikdusu: Located on the European side of Istanbul near the Sea of Marmara and includes several important areas nearby, such as Avgilar and bukcekmece and characterized by the area of BeylikDuzu development and wide streets and organization in addition to the prices of real estate and rent are acceptable and therefore very suitable for housing or investment and also characterized Proximity to transportation and health centers, education and service Projects in the Beylikdusu area are numerous There are projects at affordable prices such as IHOME 20 There are large family projects to suit your expectations such as IHOME 56     Bükcekmece: Located in the heart of the beylikdusu region of the Marmara Sea, this is a quiet and clean place with affordable properties suitable for housing or long-term investment. If you are interested in seeing a real estate opportunity in Bükcekmece   Esenyurt: It is located in the European section of Istanbul and is characterized by a popular area full of life and activity and all the services you may need near you and living in it is cheap and also the prices of real estate is very reasonable and investment is increasing continuously, especially that the metro line will reach by the end of this year in addition to serving them well by other means of transport       Bahceshir: It is a city of gardens with its literal translation of the Turkish language. It is a name on the name of the many gardens in the famous riches and it is characterized by tranquillity and fresh air being on the outskirts of Istanbul and does not make you think that it is far from the city canter thanks to the highways can reach the city centre in 30 minutes This region is considered to be a favourite of foreign investors to the large number of residential complexes that were established and sold to foreigners and has a high return on investment is undoubtedly because the life is quiet and full of activity and purity Also, there will be a subway that will arrive by the end of this year     What is the right property for you After knowing well, the most important investment areas in Istanbul, whether old or modern It is time to choose the right property for you to be successful investment Here we divide the real estate to: Luxury property: The budget required here is more than one million dollars If you want to make a huge investment with high and increasing returns and guaranteed you read the appropriate section the upper areas of Istanbul are to be searched for Examples of these properties: villas in the old Ottoman style overlooking the Bosphorus or some duplex apartments with a five-star hotel services Very Tempting We will not talk too much about these wonderful options                                                                                                                                                                              Medium luxury properties: Budget required between $ 400 thousand to a million At this level you can get a luxury apartment in the heart of Istanbul with full facilities with high investment returns These apartments were sold in 2009 at about US $ 300 thousand dollars, the price of today about 500 thousand dollars, despite the devaluation of the Turkish lira against the dollar, but these old investment areas such as Beaumonti and uskudar and Bioglu worth over the past years to its distinctive location in the heart of Istanbul and let us not forget that these areas are now renewed and after two years can resume prices rise again is profitable as a quick investment through rent and profitable as a slow investment is the resale of these apartments after several years                   Intermediate real estate: Budget required between 100 - 400 thousand US dollars For safe investment researchers, properties near the city centre, but relatively cheap, are the ideal solution for them Such properties are being sought by expatriates for rent. We should not forget that Istanbul is home to a large number of expatriates who wish to work, to set up families and rent affordable properties close to their business centers in the city. The property is characterized by a guaranteed return to demand and is suitable for its location in the heart of the city and is equipped with all means of transport Suburban real estate: the budget is between 50 to 100 thousand US dollars Cheap housing is one of the big new requirements with the great expansion in Istanbul, especially as the transport sector is constantly developing with urban expansion. People prefer to live in the suburbs near Istanbul, even if their work is in the heart of the city. Daily more than one hour Real estate in the suburbs was characterized by affordable prices and excellent facilities and services     The available installment options also make investing in these areas in the hands of everyone         - Save what you have studied   After you know the areas of Istanbul and levels of investment often you may have a good idea, but perhaps still need more information and this is normal you must use a real estate company with a long experience in the field to help you choose the most appropriate for you   I Home offers real estate brokerage services, combining its clients and property developers across Turkey, including new projects, condominiums, resorts and even leasing services for vacation.   Since I Home Properties was established in 2015, the company has redefined the concept of real estate brokerage in terms of both modernity and progress in the field of business by developing the concept of partnership with the client by representing it in line with changes in real estate investment.

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Steps to buy a property in Turkey

Steps to buy a property in Turkey

Attention has been drawn once again to the purchase of real estate in Turkey after the stability that followed the last elections held on the 24 of June, and must have been a period of waiting for the real estate market to re-activity When we talk about the Turkish real estate market in general, we are talking about selling more than 100 thousand properties throughout Turkey each year, whether for the Turks themselves or for foreign investors, Arabs and foreigners This number is increasing, and we look at the share of Arab investors from it. It is more than 10 thousand properties a year that are sold to Arab investors whether for housing or for investment and work. From year to year and this figure is increasing and no wonder because the city of Istanbul is a city with a long history and on the other hand property prices are acceptable compared to other countries weaker than Turkey economically and developed Buying a dream home in Turkey is perhaps the dream of every investor who wants to make a guaranteed profit from his investment and anyone who wants to own a home in Turkey for life and work or just for tourism Based on all of the above we would like to offer you some tips and steps that will help you in purchasing your property in a secure and correct way Step 1: Choose a real estate company you trust    The real estate companies in Turkey have recently increased in number and the companies have said the confidence that the investor can rely on is expected because the real estate market in Turkey is already large and is in constant prosperity and therefore the task of acquiring a real estate company with an old history in the field of real estate is not easy but not It is inevitable Do not just focus on the price but on the quality of the advice that the realtor will give you. If you are a beginner in real estate, you should know that this company is often new in this area and therefore the offers will not be the best in the market.   Step 2: Do not take your decision quickly   Many investors have an overview of the specifications and prices of real estate in a certain area and once he communicates with the first company and offers a suitable price so that the decision to buy immediately and then regret after it, because it detects the existence of better options were available at other companies This does not mean that you communicate with all the real estate companies before you make your decision. It will be long and tiresome. At the same time you may be missed opportunities that were only available for a limited time. The best is to communicate with more than one company and pay attention to the services provided by these companies and then compare them and make a decision with the company that offers you the best advice and we will return to say not only the best price Step 3: Visit the properties you liked with the real estate company Visiting the property before buying it is an axiom and we do not allocate the third step to it. The idea here is to visit the potential properties with the real estate company itself because many investors are in error and visit several properties with several different companies thinking that this will make their choice right to watch several companies At the same time, but in fact it is different because when you visit one property from each company you deprive yourself of the opportunity to see other properties at the same company. If you want to visit all properties in all companies, you will take a long time and make a double effort This only increases our dispersion   Visiting the place of the project is important not only to ensure the existence of the project and the stage of construction, but to identify the road to it and after the real facilities and service centres and the extent of the explanation provided by the consultant by telephone with the truth   In addition to ensuring the materials used in construction and the quality of services and facilities within the project itself and finally see the surrounding environment and the quality of people living in that area   Step 4: Your lawyer is always important   We often hear about problems when buying a property in Turkey regarding the title deed or other things related to the purchase itself. To avoid these problems, we recommend that you read the above title deed Now that you have chosen the right real estate company, you should hire your own lawyer to be able to complete the purchase of the property legally The good thing is that many real estate companies offer you a lawyer service that follows the process of buying the property from the beginning until receipt of the right title The lawyer's job is to ensure the integrity of the legal record of the seller of real estate and to verify the authenticity of the title of the real estate in addition to preparing the contract of sale on full terms and correct the rights of both the seller and the buyer and give additional importance to the penalty conditions that will guarantee you your right in case the company did not die construction contractor Promises and agreed delivery date Step 5: There are periodic fees on the property is not forgotten When you decide to buy a property in Turkey, you should pay attention to the one-time fees you pay when you buy and sell, as well as the periodic fees paid monthly or annually. The land registry fee is not very few. It is 4% of the value of the property paid by the buyer and the seller at least 50 times, but the seller often pays the buyer the full cost, so the buyer pays 4% of the value of the property. Thousands of dollars The broker's fee is also to be completed in order to complete the sale. In this case, it is necessary to clarify the percentage of the broker that will be obtained in case of successful completion of the transaction (this ratio is often taken from the seller and not the buyer).   Note: If you want to sell the property that you own five years before you get the title, you have to pay the profit tax on the property and it changes from 15% to 35% of the net profit earned by the seller for individuals. 20% This tax shall be exempted if the investor keeps his estate for a period of five years without selling it. There are periodic fees, the most important monthly revenues in each building and increase value whenever the services within the residential complex is better, such as protection system and surveillance around the clock in addition to recreational areas such as gardens, swimming pools, gymnasiums, sauna, Turkish bath etc. If you intend to invest in your property and rent it, the tenant will pay the fees. However, if you want to live in the house, you have to pay these fees monthly. Even if you want to live in this house for a month or two months in a year,   After all do not worry these returns are not expensive they are about $ 50 per month different up and down depending on the services and the space of your property Other articles you may like What types of real estate investing in Turkey? The pros and cons of real estate investing in Turkey

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What is the future of the real estate market in Turkey after the recent elections

What is the future of the real estate market in Turkey after the recent elections

Turkey is a beautiful tourist country, economically strong and politically stable Especially after the results of the presidential and parliamentary elections held on June 24, during which President Recep Tayyip Erdogan could maintain his position as President of the Republic of Turkey and his party managed to get a good percentage of seats in parliament. In fact, it was not hidden from one of the risks and tensions that prevailed in the country before the election period, in addition to the withdrawal of many foreign investors for fear of deterioration of the situation in Turkey after the presidential and parliamentary elections, but now everything is clear and stability returned to the country and this will prompt foreign investors to return to invest again In Turkey, one might ask why invest in Turkey specifically rather than any other foreign country? TOP TEN REASONS TO INVEST IN TURKEY Turkey is about to open the world's largest airport in October and the third largest airport in the world will be four phases that will end in 2023 and for the first time, For the first phase only, the capacity of the airport will be 3 times the largest existing airport in Istanbul (Ataturk International Airport) Finally, we should not forget that Turkey in 2023 will have the right to extract and benefit from its underground resources, thereby reducing its fuel and gas prices. This will be accompanied by a decrease in the cost of electricity, transport, communications and navigation. Therefore, the greater feasibility of investment projects and higher profitability benefits Which makes Turkey suitable for investment (especially real estate investment) because the real estate prices are very reasonable in the world and thus buy a house in order to housing or trade is accessible to a large segment of ordinary people without the need for large capital or even small capital When you decide to buy a house in Turkey you are now getting many advantages Including the facilities of the Turkish government to investors in addition to the fact that property prices are always stable and suitable for the large number of projects that are established and therefore there are always good opportunities, but you should not postpone the idea of ​​buying a house a lot because real estate projects as soon as the completion of the construction stage whenever prices rise We can always help you find your request within the budget you have allocated to buy your property and the area most suitable for your business and your family We know that everyone aspires to buy a dream home in Turkey and especially in Istanbul But what about the areas of Istanbul, which one is best for you and your budget and your request   To answer these questions, we have prepared an explanation for:  Esenyurt area in Istanbul, Turkey Bahceshir Istanbul And also, if you like to see the hotel investment projects You can learn about the new Rotana investment projects in Istanbul You must find what you require within these carefully prepared links to make the acquisition process in Turkey easy and enjoyable and you are satisfied with your property.

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Istanbul city

Istanbul city

Istanbul is a city where the present met with the past is an ancient city was established for more than 3000 years and is full of fascinating archaeological monuments left by civilization after civilization and intended by tourists from all over the world, especially that the recreation areas are many of the beaches and health centres and sulfur water and also has its markets and centres And so the tourist program to Istanbul is full, no matter how long he stays in Istanbul Istanbul has two continents, Asia and Europe. The Asian section has a smaller population, large green spaces and generally a quieter area than the European section, but is far from the city centre, tourist attractions and large commercial markets. The European section is a fascinating urban mix between the ancient Islamic civilization, whether in mosques, walls, castles or in old houses, and between modern civilization in residential complexes, highways and advanced means of transport Turkish cuisine is characterized by a lot of special meals such as Alexander the Turkish and the world and all barbecue dishes in addition to Turkish sweets rich in definition, especially the Turkish baklava All of this beauty in the previous lines will be enjoyed by every tourist visiting Istanbul but how much more than the beauty of the investor who will buy a house in Istanbul and thus become these wonderful landmarks and recreational activities part of your daily life The city of Istanbul divides the Bosphorus Strait into two Asian and European sides, as we mentioned, leaving in its way a spectacular and never-ending spectacle. It also allows you to enjoy a boat ride, a tour of the Bosphorus or a transit from the Asian to the European or vice versa. Istanbul is bordered by the Sea of ​​Marmara, which separates it from both the states of Bursa and Willa and from the north the Black Sea, which includes hundreds of magnificent beaches, both on the European or Asian sides in Istanbul Istanbul is considered one of the best European countries in the field of investment. It competes with Paris and London, but in contrast to Paris and London, which are two cities that have reached the peak in the field of construction and construction, Istanbul remains the number one place in the number of investment projects that are implemented and established both in housing and in the fields of Transport, Maritime Navigation and Communications If you would like to buy a house in Istanbul, click on the link below to find out a lot of useful tips that will help you choose the right one for you Returning to the definition of the city of Istanbul we will mention some of the famous landmarks in the city because not all the famous landmarks can be covered by one article Mosque of Sultan Ahmed: or commonly known as the Blue Mosque, a large mosque built by Sultan Ahmed I, which is buried in the name of the Blue Mosque, compared to the internal cover, which is mostly blue colour This mosque is characterized by 6 minarets and yards and large gardens around it Mosque of Ayia Sophia: a very ancient landmark of Byzantine art, purchased and converted into a mosque and museum at the same time characterized by its walls decorated with golden mosaics and has 9 different doors and in the Ottoman area was added 4 minarets Yildiz Palace: This palace is about 150 years old and was the seat of Sultan Abdul Hamid II, a palace of great magnificence and luxury if you visit Istanbul inevitably go to it The Sultan's Mosque - The Sultan's Mosque - The Sultan's Mosque - The Sultan's Mosque - The Mosque of Ayoub Sultan - The Wax Museum and many more attractions that attract tourists from all over the world. The world with their different tastes   Istanbul Real Estate   Tourism has a great impact on the real estate and investment sector the more tourism flourished, the greater the demand for homes for rents and the more vibrant markets and this will reflect on the business and investment positively Istanbul is the heart of vibrant Turkey. A tourist cannot come to Turkey without a visit to Istanbul. Istanbul real estate has flourished, either for investment in rent or for opening companies or in the area of ​​housing and stability in Turkey. Istanbul has already achieved the largest percentage of real estate sales in Turkey. All of Turkey Another important point is that the intensity of investment projects in Istanbul makes their profitability returns even higher than expectations because the renaissance in this city is already impressive Thanks to the Turkish government's constant facilities for foreign investors as well as the economic stability of the country, all factors contributed to the prosperity of the real estate sector in the country   For more information on this field, read the real estate investment in Turkey

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Property title in Turkey

Property title in Turkey

Turkey is a beautiful tourist country of the first class with a high level in the fields of commerce and urbanization. Therefore, many foreign investors are interested in making a successful investment and also for those who wish to live in Turkey, a country that is very suitable for housing because the services are of a high standard and everything that the resident needs is available Hence the questions of foreign investors about ownership procedures in Turkey and how the title deed is granted. And what are the types of support of the Melkia? Is the commercial title of housing or residential housing suitable for trade? In today's article, we will talk in detail about the title and the most important questions related to it, based on several reliable Turkish sources Definition of property title (TAPU SENEDI) Is a document dedicated to a specific property proving the reference property of this property to a specific person and includes the basic information about this property describe it fully in terms of location and record in the Directorate responsible for real estate records   The property title indicates that the only person to receive it is the owner of the property itself and does not give title to the property owners of the property such as tenants or in the event of the property under the mortgage does not give the owner of the mortgage title of the property, even in the case of the involvement of several people ownership of a particular property is Grant them one Malika bond in which the distribution of shares among the partners is explained Or each of the partners may be granted title to the same property, provided that the share of this partner is recorded on its bond Fractions are often used to determine quotas in the case of multiple partners, for example 2/1 means that this partner owns half of the property 5/1 means that this partner owns 20% of the property If only one person's name is mentioned in this property, the property is owned by one person   Notes on definition   In the case of partnership, all partners share in the whole property (each according to his share) and cannot be divided into separate parts and each partner owns a part thereof, for example if we had 3 partners in a 3 room house this does not mean that each of them has a room of this But each one of them has a section of ownership of the house as a whole When a full building is constructed, it is initially the property title of the owner of this building. When apartments are sold from this building, each apartment has its own title deed What types of title deeds? There are many types of title deeds vary depending on the type of property and its construction Building support In this type of real estate bonds are granted the bond of construction or construction as a whole without being divided into sections and thus include the bond general property information such as space and location without detail sections and parts in it, for example, independent houses or industrial facilities and warehouses in addition to buildings Land for Reconstruction Ownership information is recorded including that this property is suitable for construction and therefore can obtain a reconstruction license Support for arable land The title of this property is not a reality within the urban plan that the municipality organizes for this area or it may be located in areas designated for agriculture or gardens. Even if there is no problem with the urban plan, the building permit is granted only after sending specialized teams to study the land of the real estate and make sure that it is suitable for construction. If it is suitable, it is given from the previous bond (the land suitable for reconstruction) and if it is not suitable, Bonds Real Estate Bonds In this type of bond, the ownership of the property is divided into several sections as it is supposed to be constructed regardless of the start of the project or not For example, this bond is taken to land suitable for construction and divided into apartments within the building to be established, but this bond is exchanged to the title of the basic property after the completion of the project and taking the necessary approvals from the Housing Department Title Ownership Usually in Turkey when the contractor constructs a specific building that has partners in this undertaking in order to cooperate in order to complete this construction properly and often the share of each floor contractor (or several floors) of the building and therefore here the contractor is given this type of title deed to guarantee his right On the floor that is his share and also the subordinated title deeds are submitted to the legal authorities to prove that this building is being built quite legally The bond of the temporal eccentricity As stated in the previous step that the contractor is often responsible for one or several floors in the building and therefore to obtain the funding necessary to complete the project is issuing a temporary ownership record in which the title deed title as an easement and not full ownership and benefit this bond to guarantee the property rights of this contractor even Completion of construction of the project When the project is completed, it will be transferred to the full title deed that we have talked about in the definition of title deed at the top The contractor also takes advantage of this type of bond to present the real estate scheme that he creates on the customers. As we know that the projects start with the sale offers at discounted prices since the inception of the establishment and therefore there is nothing on the ground to prove to the customer ownership of the contractor for this property, but this bond of escrow These escrow bonds were not mandatory until a law was passed in 2007 obliging the contractors to issue these temporary bonds during the construction process and then to convert them into full title deeds upon completion of the project Full title deed From this name we can understand this bond as it is granted to the properties that were created fully after the division and are now ready for sale directly and this is the title of the property obtained by the investor when buying a property ready for housing or work .. In this type of bond, more detailed information such as apartment number and specifications, as well as its location in the building and its share of the total land of the project is also specified. It is also mentioned that the land of this bond is a colonial land Here, you must pay attention to the receipt of the title to identify the previous detailed information to be identical with the ground in addition to the type of bond in the block of the Tabo Is it a full ownership or is the default or any other type of bonds that we mentioned above This type of bond, which includes all the detailed information about the apartment and any floor and its area and division is a legal basis that you can rely on to ensure that your purchase is fully valid and legal One thing remains the housing approval to make sure that the property meets the standards and standard conditions approved by the municipality   What is Housing Approval? Each municipality has standard conditions and standards that must be met in the buildings. Otherwise, these buildings are considered to be in violation of the conditions and are not granted housing approval. For example, there is a ladder for emergency and fire, and the building must be protected from earthquakes. Out It is worth mentioning that the task of obtaining this approval lies with the contractor or the construction company and after obtaining it, the default title of the buyers is converted into full title deeds   Participatory temporary title deeds This type of title deed is of a participatory type. A number of persons share ownership of the real estate owned by the owner. This title differs from the ownership bond as temporary, meaning that the property rights are transferred to that person within a specified period of the year, a week or a month or any period agreed upon This is often used in holiday homes and any partner can sell or rent his share whenever he wishes           Commercial Land Registry This type of record is obtained for commercial real estate in all its forms from offices, companies, shops, stores, small and large shops and all that can be considered for commercial purposes such as commercial use It is therefore important to write the purpose of using the property within the land registry, especially if it is for commercial purposes Therefore, when you want to buy a property, you must pay attention to the type of land registry registered in it. Sometimes a deed of title may be registered as a commercial and it is sold on the basis that it is a residential and not a commercial record and therefore there will be problems when paying taxes and fees because they differ between residential and commercial property deeds. These cases review the municipality and modify the type of title deed from commercial to residential Even if you are a registered user and it is used commercially, other problems will arise when financial officers conduct statements about your business There are some types of real estate suitable for housing and work at the same time, but the municipality should be informed of what has been used commercial purpose to be sent to the financial staff and take the necessary action For the commercial property register, detailed information about the owner's name and the real estate area in detail, as well as the location and address of the property, as well as the details of the partners' shares in the case of the partnership and their shares,   Is it easy to convert a commercial property into a residential property in Turkey? Sometimes, in some cases, commercial real estate registries are forced to convert them into residential records after purchase. This is relatively easy, but it takes a short period of time to complete it. In addition, This process requires a short period of time because the landlord has to obtain the consent of each of the property owners within the commercial register to be converted into a residential record As for the legal procedures it does not take long time and the papers required for this process are the following: Property title for the building to be converted from a commercial register to a residential record Copy of the identity of the owner of the property Personal photographs of the property owner or the taxpayer on his behalf in a formal legal manner Obtaining the necessary written permits: the municipality + the state within which the property is located       important note : In the title deed, it is not indicated whether the property is under seizure, foreclosure or confiscation for one reason or another. Therefore, before you buy your property, you must check with the relevant department in the Land Registry to make sure the property is safe from any problems. A consulting firm with long experience in the real estate field to do the job for you   A second important note: These procedures are based on the real estate register of the property to be bought or sold. Here we point out the importance of the previous observation, namely, to ensure the safety of the land registry and free of any problem before paying the price of the property you want to buy. This is because the verification of the integrity of the land registry is not done at the notary public, and from this the owner of the property may be able to sell several persons the same land registry (in case they did not verify the validity of the register) Because the land registry is the document recognized by the state, but the title deed is a document stating that the owner of the property only to prove ownership of the property (even if the title is lost there is no problem because it can be acted only by the owner registered in his name the bond     What are the facilitation measures undertaken by the Turkish government in the field of real estate registries? It is no secret that one of us is active in the real estate sector in Turkey, especially in recent years, which witnessed dozens of new projects in Turkey in addition to the clear tendency to transfer the ownership of existing properties, both internally and externally. According to last year's statistics, 2017, On more than half a million real estate records in the first half of the year in all parts of Turkey, a large number Hence, the importance of facilitating the procedures for transfer of ownership suffered by foreign investors has become very important in the taboos. Therefore, the Turkish government has made several electronic updates and cooperative agreements to relieve pressure in the taboos and enable investors to carry out the procedures of making sure of the commercial registration in a fast and secure manner For example, the Turkish government has established an agreement with the Turkish Agriculture Bank, which enables the latter in all its branches to make the necessary property and property registration procedures to facilitate the transfer procedures Also, the coordination between the bank and the Directorate of Public Real Estate Records has become through the Internet. Consequently, there is no longer a need to start treatment in the Directorate and then to pay the money in the bank and return to the Directorate in order to treat the real estate seizure, which ensures transfer of ownership of this property to the new owner       What are the stages of obtaining a taboo in Turkey?   Are simple and easy steps in case of your commitment to secure the required documents correctly and fully The required documents were discussed at the top: personal identity of the owner or his official agent as well as a personal photograph of the seller and two personal details of the buyer Are delivered to the Department of Real Estate Records in addition to some other documents required: The insurance policy of earthquakes and disasters can be obtained from insurance companies The document of the land registry belonging to the property, which is insured by the seller and verify the buyer's validity as we mentioned A document is called a common allowance and is obtained from the municipality that owns the property In the event that a loan is borrowed from the bank to buy the property, not to provide documents to indicate it We note the importance of providing these documents in full and correct, otherwise the violators may be subject to taxes up to 25% of the total value of the tax     How long is it necessary to complete the transfer of ownership deeds? The simple client consists of five steps we will remember now and may take no more than one day The presence of the buyer and his presence in Turkey to sign the contract and of course can be represented by any agent with an official document authenticated by the Turkish Consulate (in the case of the agent is from outside Turkey) or through its ratification at the Turkish Notre (in the case of this agent within Turkey) Obtaining a tax number (vergi Numara) is obtained from the tax department of the state where the purchase of a property and obtaining the tax number is an easy process that does not take more than a quarter of an hour and requires only travel visas. The purpose is to facilitate official transactions in the Turkish State for foreigners Opening a bank account in a local Turkish bank to transfer money from abroad to an easy process that does not take more than an hour Translate your passport into Turkish and authenticate it from Notar and it is a simple cost not exceeding $ 25 After the preparation of these papers are addressed to the Office of Land Registry Tabu to the seller to give up the ownership of the property in favour of the buyer and receive the title deed and property key, a simple process does not take more than one hour and fees of approximately $ 50 + If the property purchased by the buyer under construction is not received the title of the property only when the completion of the construction of the property and even the same for the purchase installment + After the purchaser obtains the title deed, he can obtain a residence called a real estate residence granted to him by the Turkish Ministry of the Interior for a period of one to three years. It is granted to foreign investors only with their family members. Otherwise, they can obtain tourist accommodation before the expiry of the visa period they have received to visit Turkey   Finally, what are the fees for the land registry (taboo costs) This is an important point and should not be underestimated because the land registry fees are not very few, it is 4% of the value of the property paid by the buyer and the seller at least 50 times, but often the seller to pay the buyer the full cost and therefore pay the buyer 4% of the value of the property if we have a property of 100 Thousand dollars, this tax alone is 4 thousand dollars The broker's fee is also to be completed in order to complete the sale. In this case, it is necessary to clarify the percentage of the broker that will be obtained in case of successful completion of the transaction (this ratio is often taken from the seller and not the buyer). Final Note: If you want to sell the property you own five years before you get the title, you have to pay the profit tax on the property and it changes from 15% to 35% of the net profit that the seller received. This is for individuals. The tax is 20% and the exemption is exempted from this tax if the investor keeps his estate for five years without selling it.

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 The Experiment of Buying a house in Istanbul

The Experiment of Buying a house in Istanbul

Turkey is a beautiful tourist country that attracts millions of tourists every year from all over the world to enrich its beautiful historical monuments in addition to its picturesque nature and its advanced urban development. If we talk about Istanbul, we are talking about an ancient historical city where the art of the ancestors met with modernity, which gave them a touch of beauty and beauty that is not easy to find anywhere else in the world. Istanbul is characterized by the tourist would like to visit again and again every year and all seasons of the year because the details of beauty cannot be satisfied with one visit, no matter how long Hence the idea of ​​purchasing a house in Istanbul to spend more time as a residence or work and for the reasons mentioned above, in addition to the facilities provided by the Turkish government to investors constantly to encourage them to invest We have the following result: a nice place + good prices + government facilities = buy a house now, but a moment .. slow down There are a lot of important things that you should consider before you buy your home in Istanbul Before we start with the tips that will help you buy your house correctly we will present some of the risks that the old investors have faced with the solutions   Risks 1-The Turkish lira is falling Against the US dollar: Five years ago, the Turkish lira continues to fall against the US dollar as the dollar's five-year dollar exchange rate against the Turkish lira is 2 lira Today, $ 1 = 4.5 Turkish lira, which is a big difference And since most people buy their property by installments and therefore if we had a property worth 200 thousand Turkish liras was five years priced at $ 100 thousand dollars, but today the price is less than 50 thousand dollars (regardless of the price difference during the five years) and therefore who bought their properties In installments on the basis of the dollar, a larger sum of those who bought their property was paid in installments on the basis of the Turkish lira and we will clarify the most of this point with in the advice shortly The solution to this problem is the real estate installment in Turkish lira instead of the dollar   2-New projects always offer better services and more favourable prices: Yes, this problem arises very much, especially in the Turkish real estate market is very huge After the investor buys his property in a particular project at a price, a project is created services better and sometimes cheaper, causing remorse, The solution to this problem is to rely on a long-standing real estate company with long experience in this field. It is always better to look for the company that represents the project and therefore the prices are the best   3-The sale to the Turks is at a lower price than foreign investors: You can solve this problem in the same way as before, dealing with a real estate company with long experience and offering exclusive prices to both Turkish citizens and foreign investors   4-Economic and political problems in the country affected the real estate market Yes, this is true for the past years and the coming years are very promising in the field of stability and progress of the economy as well as political stability   Tips and steps to buy a house in Turkey   1-set location Locating the property is almost the most important and difficult step in the purchase process. There are a lot of details on this point: Accommodation in the city centre is characterized as close to all services, transportation, universities, health centres and markets but prices are relatively high, and the level of luxury is average and high congestion Accommodation on the outskirts of Istanbul is characterized by calm, clean air, reasonable prices and high luxury, but far from facilities, services and historical and tourist areas Housing in non-Istanbul Turkish states is also characterized by tranquillity, luxury and low prices, but it will be far from Istanbul, Turkey's business and trade artery And if we note the points above we find that each place the pros and cons, but sometimes the positives are much more than the negatives and this is what only companies that are able in the market to give you such opportunities ..   But at the beginning you have to determine the area where you want to live in. It is not a bad idea to rent a house in the same place you would like to buy to study the area better and make sure that all the transportation, services and facilities are available. 2-Watch out for the best real estate offers The number of projects for sale in Istanbul is now more than 1200 projects whether under construction or ready for immediate housing and therefore when some real estate marketing companies offer you you have to be careful and the more attractive the offer the more attention you have Usually, when a project starts, the prices are reduced to buy. This is true. However, as the project approaches, the prices start to rise to make more profits for the construction companies. This is, of course, if the project is successful. In the other case, there are problems with the project Facilities and services - the establishment of projects near the best ....) Here construction companies resort to provide large discounts in order to get rid of the housing units that remained in the project .. So when you find that there is a project with great features and high discounts you have to study it well before you make a purchase decision In addition, you have to know that most companies often offer their customers outside Turkey on troubled projects that are not sold as planned and you should not be surprised by how you can get the best real estate opportunity and you are thousands of kilometres from the project site!! And therefore, again emphasize the importance of dealing with good companies in real estate, even if the prices are cheaper, perhaps the quality is what these companies focus on when meeting the demands of customers and prices for the same project will talk about now   3-Check the prices When you find the right project for you, do not be finished your work here, but you first make sure the price offered Is it really the market price or is it a price higher than the average market price And to achieve this process + Use a real estate consulting firm This method not only ensures the price of the property but also helps you to identify the pros and cons of the property you have chosen and compare it with neighbouring projects present and future You can get advice from these companies at reasonable prices The most important is the use of companies with long experience in real estate in Turkey And the point of confirmation of the real price is very important because it happened in the past that the project was exposed to selling high profits for marketers about 10% This project was published strongly outside Turkey and sold a lot of apartments within this project, but when the apartment owners received their apartments surprised that people Those who bought at first received a price as low as 50% of the price they bought           4-Taxes on the property Taxes and expenses have two types of one-time payments and some of them are periodically paid monthly For periodic expenses, these are the so-called proceeds and vary from one residential project to another according to the services that are provided and also calculated according to the area of ​​each apartment For example, if the cost of the proceeds per square meter is 4 Turkish liras, the house is 100 square meters with monthly revenues of 400 Turkish liras Other periodic expenditures are electricity, water, internet and gas bills (in some housing complexes, gas is not used but the electricity is fully used) Fixed expenses: Payment tax at purchase: 4% of the value of the total property paid by the seller and the buyer in equal shares Profit tax: It is worth 20% but it is fortunate that the seller is paying it VAT: It was a major drawback for investors but was abolished in 2017 by the Turkish government to encourage foreign investors to buy real estate in Turkey Municipal Tax: It is paid once per year and is valued at 0.003% of the value per square meter (a small number) Securing the construction of earthquakes     5-Do I pay installments or one payment? Here there is no fixed answer to this question. It depends heavily on each case and its corresponding data But be aware of the following: Buying one lot or so-called casually always comes with a reduction on the price of the property ranging from 5% to 20% and thus the owner of his money in full gets paid cash on these rebates, but here the problem is the change in the exchange rate of the Turkish lira against the US dollar and often this change Is low Thus, if we assume that we have property worth 100 thousand US dollars and the exchange rate of the Turkish lira against the US dollar every 1 $ = 3 Turkish lira and therefore the price of the property is 300 thousand Turkish lira (the property is priced in Turkish lira) Now, after a period of time, the exchange rate of the dollar has changed against the Turkish lira Each one $ = 4.5 Turkish liras and thus the price of the property (300 thousand Turkish lira) in fact 75 thousand US dollars instead of 100 thousand dollars and therefore one who bought a single payment got 10% discount, for example, but lost 25% difference exchange rate of the pound against the dollar It should also be noted that the future of the Turkish lira against the dollar is not necessarily a decline and therefore no one has the science in this area and therefore say that it is entirely up to the buyer As for installment, there is profitability in installments that may be installment in two years, five years or sometimes 20 years. We must not forget here that the more years of installment, the higher the price, the better it is to choose the number of years 6-Do I buy the property in Turkish lira or in US dollars? It is worth noting here that if you intend to buy your property in one cash payment, there is no difference between payment in Turkish lira or the US dollar As for the purchase of installments, here is the difference and as we talked at the top of the imposition of the Turkish lira continued to fall against the US dollar, it is better to buy your property in Turkish lira But here we go back and recall that if you raise the Turkish lira against the US dollar, it would be better for you to pay in dollars instead of the lira   7-Do you buy the project under construction or ready to live immediately? This also depends mainly on your intention to buy the property. If you are a tourist you want to live in for a short period during the year, it means that you are not in a hurry to buy a project under construction and benefit from the reduced prices in the first phase of the project offer for sale But as mentioned in the previous steps the price is not everything, but you have to study the project well and identify the pros and cons of the site and services and near or after the airports and the city centre and everything that interests you   8-Do not forget to check the flat area There are two ways to calculate spaces   Gross The area of the apartment with the corridors connected to it Net means the net number of useful meters within the apartment Here you should pay attention when you buy was calculated in the first way gross and therefore the actual useful space of the apartment is less than agreed Or is systematically calculated by the net and therefore all the meters will benefit you completely   9-See and check the Contract well After relying on the appropriate property and when writing the contract you must read and understand accurately, there are some companies resort to prevent you from selling the property you bought from them throughout the construction of projects adjacent to your estate to ensure that it is the only offer in the market and this leaves you to keep the property without selling it I got a good buyer until this company makes its projects in the region   10-Be aware of the problems of non-completion of projects We said at the top that buying an apartment under construction gives you the advantage of getting a discounted price, but here you have to beware of some projects that start with construction and depend on buyers' money to complete the construction, so this process is stalled. The construction stops and the longer the downtime the worse the reputation of the project and the company or the contractor responsible If you find the name of TOKI company is a strong government company and therefore if you find the contractor complete the project, this company is completed and therefore you can buy from the projects and you are a sinner   Additional Notes:   There are some methods to reduce the payment tax at the time of purchase (4% paid by the seller and the buyer equally), which is recording the price of the property less than it actually is at the municipality If you decide to sell again, do not forget that you have to pay 20%, which is the profit tax. Therefore, if you register your property at a small price and when you sell, you will sell it at a high price. For the price recorded in the municipality) is high and therefore the tax will be 20% of high value Projects with few housing units are the best in terms of calm and lack of consumption of facilities, but the projects with many residential units are often characterized by frequent services and the presence of many cafes and malls surrounding them Be careful when buying from a person and not from a company that the property you buy is debt or under foreclosure Taxes and fees start since you get a home license (taboo).

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The pros and cons of real estate investing in Turkey

The pros and cons of real estate investing in Turkey

Investment in Turkey in general is a topic of concern to many foreign investors who are looking for the best place to invest their money and experience. Despite the risks involved in investment in Turkey, the opportunities associated with these risks are also great, which makes the subject stimulating and frightening at the same time, if we talk about real estate investment in Turkey, here we are talking about a large and often long-term investment and thus more opportunities and profits and more risks and threats Therefore, we aim today from this article to expand the explanation of the pros and cons of real estate investment in Turkey to give the reader a clear background based on sound foundations in case he decided to start investing In the beginning, after all, real estate investment is one of the types we have written about in the past Now we have to know that the feasibility of real estate investing is based on several factors combined:   The investor himself has his investment plan The investor's vulnerability to risk (the greater the risk ability, the greater the potential gain) Investor's expectations regarding his / her investment (whenever the forecast is properly considered, the results are consistent with expectations)  Different variables in all fields have a significant impact on the feasibility of real estate investment such as the impact of inflation in the economy - supply and demand and change during the investment period - the rise or fall in the prices of building materials - the increase or decrease importance of the site itself - developments that may be subject to the property during the investment period ..... And each of the previous paragraphs if we want to expand them to become a long article and therefore we mentioned quickly, and we will return immediately to the main issue is the negative aspects of real estate investment in Turkey We need to know that there are two main categories of real estate investment: residential investment and commercial investment and we start with each one of its negative aspects. Commercial Investment: A property that is not intended for housing and stability by a single family but is available for commercial purposes such as companies, offices, hotels, factories and all that follows commercial purposes         Pros of real estate investment in the commercial field: + Imports in this section of investment are higher than imports of residential investment + The owner of the property is not responsible for the maintenance and development, but the leased companies often deal with companies specialized in the management of these matters away from the owner of the property + Tenants in this type are owners of companies or commercial projects and therefore have the funds always to pay rent or any increases without falling into trouble   Cons of real estate investment in the commercial field: It takes a lot of money to start this kind of investment because it is generally huge Tenants in the field of real estate are always inclined to change their place of work and therefore there is a permanent danger of the survival of the property without a tenant Generally speaking, renting commercial properties is relatively small compared to residential properties and even when you decide to sell the property it will not be that easy Residential area: It is the real estate that is invested in order to rent it to be in the form of housing for a family or students or.   The advantages of real estate investment in the residential area: + You can rent your property easily because the demand is high, especially in a state like Istanbul is full of expatriates from other states inside Turkey and outside Turkey + The founding cost of this investment is much lower than the previous type + Overcomes this type of investment because the tenants are stable or available well and therefore once the first tenant leaves, so you can easily find another and thus income here is continuous + Selling this type of real estate is easier than commercial real estate   Cons of real estate investment in the residential area: Your direct handling will be with tenants and therefore you are responsible for finding solutions to their problems or conducting maintenance for them You will bear the cost of repairing damages that the Tenant may leave upon departure You may have problems in not paying dues in a timely manner In fact, these negatives can be avoided by charging home insurance when writing a lease If you like, you can see some investment opportunities in Istanbul. As a reference to our words we would like to transfer a blog by the economic newspaper MAL talked about the advantages and risks of real estate investment in Turkey "Every investment features attract investors towards him and make capital flows to enter it, and no doubt that the income-generating real estate as long as I knew its importance as an asset characterized much of the attractive factors of the most important and high returns, and access to finance, and hedge against inflation, but against the advantages there are cons must to take them and their knowledge and treatment of future Kmkhatr could get, and include funding, and the risk of changing interest rate risk, and the difficulty of bleed, and management. the advantage of investing in income-generating real estate income as with periodic returns to be achieved through real estate rental income, as well as through growth The value of the property during the period of investment, for example, when achieving 8 per cent as an annual income of a property purchased by one million riyals and then rose to 1.1 million riyals during the year, it means achieving 8 per cent as an annual income and 10 per cent increase in property value and thus the total return for that year 18 per cent, while in the case of foggy market forecast no growth in value would be at least the annual rental yield, which represents a cash flow continues to the investor is the basis of return, and the property income-generating originally considered preferable when many funding agencies, and this leads to a decline in the size of Cash to buy the asset, if the property is evil For example, many financiers can cover 50% to 70% of their value, known as loan to value ratio, so the investor will need only 30% to 50% as a cash to get the property In case of choosing the right property, this method will enhance the return against the cash that was paid. In contrast, the financing risk may turn upside down when the market conditions change, and the data assumed when making the investment. The value agreed upon may result in a taxpayer's claim The acquisition of the property and its management, and may even be liquidated if the rents no longer cover the agreed financing payments, so the financing of investment property is a double-edged sword either to enhance the investor gains in the event of improved market conditions or to increase the loss if the entry The market in which the property is in a recession or a decline in prices and rentals during the repayment period. The following risk that must be taken into account when investing in an investment property is the risk of fluctuating interest rates. What governs this percentage in the Saudi market is what is known At the rate of (Saipur), which was Stabilized at 1 per cent or slightly below the "three months" during the years 2009 to the third quarter of 2015 and then increased significantly to finally reach about 2.4 per cent, if it increased by approximately 140 per cent over the past year, These changes, of course, cannot be known because they are future events, but one form of hedging is that the investor and the financier will ensure that there is an appropriate difference between net Operating income of the property and the value of the asset To ensure continuity of repayment in the event of low rents or high interest rates, as well as the most important features of real estate investment that the long-term asset that maintains the growth of capital above inflation rates, find that the returns are often higher than the rates Inflation, on the other hand, is considered to be a difficult asset. This means that it cannot be converted into cash quickly. There is no doubt that the number of traders in the market has a significant impact on this property. The presence of a real estate market attractive to investments from all over the world reduces the negative of non-liquefaction , But this negative is getting worse When the market conditions are cloudy and the absence of the property is the most prominent feature, the seller may be forced to reduce the price below the fair value to get cash if needed for any reason, so it is difficult to measure the interaction of the real estate market with the surrounding variables quickly, difficulty bleed make his move relatively slow compared to other private financial assets, as well as the real estate investment need to manage ongoing and follow-up vary depending on the property type, Valphendeghi and tourism need to make great efforts in turning it and Syanthma the clock while office properties will need less effort or may You do not need any effort if you agree with the tenant to assume all the maintenance and operation of the property. Finally, the investor can reduce some of these risks by not taking advantage of certain features such as mortgage finance; this depends on his strategy in managing the real estate portfolio and the extent of risk tolerance. Quoting the economic "

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Esenyurt Area in Istanbul Turkey

Esenyurt Area in Istanbul Turkey

Whether you are a resident of Istanbul or want to invest in real estate, you must identify the areas and study them well in terms of pros and cons to be able to build a sound and correct decision previously we talked about gardens town and now we will talk about esenyurt It is one of the largest and most densely populated areas in Istanbul (750,000 people). It is a popular and densely populated area with plenty of space. Of jobs and a mix of nationalities among Arabs, Turks, Kurds and Africans Esenyurt has two very different characteristics of life: The first type is the densely populated areas of the structure, characterized by a pattern of active life and movement. Real estate is also cheap in terms of purchase or rent. Transport, facilities and services are well available near these neighbourhoods The other style is the style of residential complexes that are characterized by calm and provide a higher level of services and also these residential complexes come on several levels on demand from cheap to acceptable services, including the average price of VIP services It is worth mentioning that the esenyurt area is relatively cheap for the real estate market and Tartar rapid growth so keen A lot of foreign investors to buy their homes or open their projects in it because it is a promising area for investment and also will pass the metro line of them by next year, so there will be no problem in transportation Esenyurt is generally characterized as an independent area where residents can secure all their consumer, educational and health requirements easily and without any shortage It is rich in gardens and beautiful green spaces     For those interested in investing in esenyurt, we offer you some of our real estate projects: Project IHOME 35 panoramic view with 85% of the project area dedicated to recreational activities and green spaces Project IHOME 19 The first project in Turkey with an Italian design by a construction company with 30 years of experience in the field of real estate construction. Property prices start at only 48000 USD Project IHOME 23 is a sophisticated and luxurious project that took care of all the small details in it to give you a new style of high-end life Project IHOME 32 tower 43 floors awaits you with charming views over all of Istanbul

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Bahcesehir area in Istanbul

Bahcesehir area in Istanbul

Welcome to the city of gardens or bahçeşehir in Turkish language, it’s aptly named. dominated by green spaces and beautiful landscape and is characterized as a clear air away from the congestion and pollution of the city and is a luxurious area inhabited by people of the upper class and characterized by rapid urban development Bahcesehir area is 20 km from Ataturk International Airport and 25 km from the city centre As for the famous terrain is a region of many hills and small plateaus and valleys, which increases the splendour of the place and gives you a sense of lifestyle in the heart of nature It is worth mentioning that the region is brisk and famous with natural life, this does not mean that the services are not at a high level .. It includes a lot of commercial centres and local and international brands as well as popular markets, cafes and restaurants It is generally characterized by a calm atmosphere, which will provide you and your family with a well-kept and healthy life, and we will remember here some of the most important features and facilities in a famous thrill. Akbati Complex The most popular shopping centre in Bahcesehir is a famous with international and Turkish shops as well as a wide variety of cafes and restaurants from several kitchens around the world. In addition to the shopping centre, Bahcesehir bazaar Bazaar in Turkey is an ancient tradition based on gathering a group of vendors in a specific place on a specific day of the week and people come specifically to the place Bazaar to get their needs and includes Bazaar vegetables and fresh fruits in addition to many types of food and clothing and various needs of the house, but Bahcesehir bazaar open for 5 days in the week It also has global shops and brands such as McDonald's and Starbucks, featuring a small park and the famous Migros supermarket   Bahcesehir garden (Gullit) A unique piece of art in Bahcesehir destination for those wishing to take pictures of a wonderful memorial, especially in the events and weddings and characterized by water corridors and beautiful lakes, as well as green meadows and various services of cafes and restaurants, mostly Turkish, and there you can get a famous Turkish breakfast in one of these restaurants   It is also famous for the existence of many health clubs to ensure the maintenance of your health and activity and offers the municipality of Istanbul health club in Bahcesehir discounted prices In terms of health, there is in Bahcesehir despite the small geographical area of a German hospital and another local Turkish in addition to the University of Bahcesehir, which is one of the most important Turkish universities and the most active universities, especially in Istanbul As well as the mosques in Bahcesehir present in Ottoman architectural designs very magnificence and beauty   Finally, some may wonder about the difficulty of traveling in Bahcesehir thrive due to its distance from the centre of the city 25 km and this was solved by the metro stations, which will be delivered to the region of Bahcesehir in 2019 in addition to transport buses that are free in a famous and affordable price, the taxi offices you can call wherever you are   It is worth mentioning that Bahcesehir fragile and includes many real estate projects and we at IHOME we would like to offer you some of the most important investment opportunities in Bahcesehir :  IHOME 21  is A project of one tower that provides you with a quiet life away from the noise of the city The project is relatively close to both Ataturk International Airport, New Airport, Marmara Park Mall, E5-6 and TEM IHOME 14 IHOME 12 project that offers you the possibility of instalment up to 20 years IHOME 10 Project Get a 12% discount on your cash payment

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?What types of real estate investing in Turkey

?What types of real estate investing in Turkey

Investors around the world are always looking for the most profitable and safe investment at the same time, so investors have been looking to Turkey for several years, especially in real estate investment, because of the country's rapid growth in this sector But it is good for every investor to know the types of real estate investment before he starts investing They are three basic types: 1-real estate development: In this type of investment the investor buys a property under construction or in general before the completion of the project and then when the property receives the development of the real estate in terms of decoration and housing and the division of real estate and comfort to be a home or office or villa luxury .. And then offer the property for sale again but at a higher price because the property is ready immediately for housing and cover is over and the investor can also bribe the property to get higher gains when selling this method is called real estate development Special project under construction: IHOME 49 2-Long-term investment: The real estate is like any other investment field such as gold and the stock market is greatly affected by the state of the economy of the country, the investor here selects a country with economic growth escalating such as Turkey and buy a property in it and then re-sale after a year or several years and thus be obtained March when selling and benefited from the period of acquisition of the property Leased or used   This is more likely to be foreseen the better the location of the property. For example, properties close to Istanbul's new Istanbul III and Istanbul will increase significantly when these projects are completed. You can find some investment opportunities near Istanbul III Airport: IHOME 31, IHOME 30 or IHOME 15   3- a continuous income investment: In this type of real estate investment, the investor buys a property and cover it fully and brushes and then offers it to rent whether it is a house or office for work and the goal of this type is to write a long-term contract with the tenant so the investor gets a constant income and if the investor owns a number of properties becomes Income is a high number and it is possible within this type of investment to sell some properties and buy others according to market variables and this adds additional winnings

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Learn about the new Rotana investment projects in Istanbul

Learn about the new Rotana investment projects in Istanbul

Rotana International recently opened its last two projects (West Side Arjan + Centro West Side) in Istanbul in cooperation with the Turkish construction company Mar Yapı During the event, the Chairman of Rotana Group, Nasser Al Nowais, said that Turkey is of great importance to Rotana Group because of its great importance in the field of tourism and therefore the investment of hotels is very important for Rotana. He added that his plan is to invest more money in Turkey in general And in Istanbul in particular The Rotana Hotel, built on the Passed Express highway in Istanbul's Gonchli district, has 305 luxury rooms and suites as well as residential homes Al-Nowais pointed out that Rotana, through the opening of these two hotels, has doubled the number of hotels in Turkey, noting that although the credit rating agencies have lowered their rating for Turkey in terms of investment ability safely, this will not be an obstacle in comparison to the importance of these the tourist countries and their culture, which makes investing in them a great opportunity "The number of tourists who came to Turkey this year exceeded 35 million tourists and this in itself is a big incentive for investment in Turkey and it seems that there are opportunities for Rotana outside the Middle East is excellent and Turkey is a very important location and therefore Rotana will make more investments in Turkey Nuwais also said that he is seeking to bring all the leading brands of hotel investments to Turkey because the outlook for the future is promising and positive As for the newly opened Rotana Hotel, the Chairman of the Turkish Construction Company, Mar Yabo, Mr. Munir Ozkok, noted that this hotel is close to the highways and Ataturk International Airport as well as the large shopping centres, Finally, Oscock said that Rotana has, for the first time, acted as an investor and not as a project operator only. for more information check this link

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What is the impact of the recent decline of the Turkish lira on the real estate market

What is the impact of the recent decline of the Turkish lira on the real estate market

US President Donald Trump's recent decision on his country's withdrawal from Iran's nuclear deal has had a negative impact on the Turkish lira against the US dollar. This is because foreign investors are preparing for the new Trump decisions. This gave the US dollar a boost against the other currencies It is worth mentioning that the Turkish lira during this world fell by 12% against the US dollar and thus the rate of inflation is higher than the last few years, all of which did not exceed in any of them 10% and said Turkish Prime Minister Ben Ali Yildirm that his country has taken the necessary measures to reduce of this inflation to return to normal rates Yilderm said here that the inflation rate in his country was 15 years ago about 70% per year and now fell to less than 10% except this year In this context, the Turkish central bank last month raised interest rates in order to stabilize the Turkish lira, but this was temporary, and the lira returned again after the Trump comments mentioned above   But the question here is what impact on the Turkish real estate market? We all know that investment in real estate is a long-term investment the longer it lasts, the greater the benefits In fact, recent events that led to the decline of the exchange rate of the Turkish lira against the US dollar if it had a negative impact on the Turkish lira but in fact has a positive impact for foreign investors because the foreign currencies that will come from abroad became more equal against the Turkish lira and eventually the real estate prices In Turkey depends mainly on the price of the Turkish lira and is affected by a simple rise in the dollar exchange rate, because many of the modern projects that are created lead to the survival of property prices fixed Therefore, buying a property at the moment means you will pay the lowest price apart your currency against the Turkish lira and with time the Turkish lira will recover again because the Turkish economy is on the way to rise continuously and thus multiply your profits when you decide to sell your property

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Find out about tourism revenues in Turkey during 2018

Find out about tourism revenues in Turkey during 2018

Turkish Minister of Tourism and Culture, Mr. Noman Qortulmoush, delivered a speech on Friday, May 5, at the Tourism and Investment Summit of the Middle East and North Africa, which was held in the Black Sea state of Urdu. He said that Turkey's forecast for tourism revenues this year is 32 billion dollars He said his country's forecast for tourists this year was 38 million, but with the strong start, positive indicators have led to a forecast of 40 million tourists this year. This is not strange, Turkey is a country within its borders all that the tourist wants to see from the historical areas to the beautiful landscapes through the beautiful beaches and access to high-level services "Turkey has everything that a tourist wants to see in any country and that's why tourists are coming back to Turkey and coming back year after year," Kutulmush said. In his speech, Kutulmush also said that Turkey occupies 17th place as an economic power in the world and last year achieved growth of 7.4% and it will be one of the ten strongest economies in the world in the next five years As for the number of tourists who visited Turkey in the current world, there were 5.1 million tourists and the revenues of them were 4.5 billion dollars, which is higher than last year's revenues by 35% Turkey had received 32 million tourists in 2017 and the total revenue for the year was 26 billion US dollars It should be noted that the growth of the tourism sector in the country will also have a positive impact on the economy and therefore will be the first beneficiary of this improvement is the investor, whether domestic or foreign, especially during the coming years The best time to own a property in Turkey is now because prices are suitable, and competition is great, and this is also of investor interest If you would like to see the most important investment opportunities offered by our company

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Europe's expectations for the growth of the Turkish economy in 2018 and 2019

Europe's expectations for the growth of the Turkish economy in 2018 and 2019

The European Commission (EC) has forecast that the Turkish economy will grow by 4.7% this year and 4.2% in 2019, according to a report issued on Thursday, May 4th. With these expectations, the European Commission has reduced the fact that Turkey's economy grew by 7.4% last year, 2017, according to the Statistics Authority of Turkey Returning to the expectations of the European Commission, he pointed out that the rates of inflation in Turkey this year will reach 10.9% and will decrease in the next year 2019 to reach about 9% This indicates that the economy in Turkey is under the control of the Turkish government and will be the future plan to reduce inflation and thus improve the investment opportunities for foreign exchange As for the unemployment rate, the Commission's expectations of a drop from 9.8% this year to 9.4% at the end of next year The unemployment rate in Turkey is relatively few and the government is constantly seeking to reduce this percentage by providing the necessary facilities for foreign investors and the opening of more projects to create new jobs and revitalize the country fully   As for the European Commission's forecasts for the euro area, the expected growth rate for the current year was 2.3% and will fall to 2% at the end of next year 2019   This, in turn, suggests that the most suitable place for future investments is Turkey, especially investment in real estate, because even if the current situation is not fully stable, the future will certainly carry a lot of profits for investors in Turkey.

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Learn about the Istanbul Canal project in 2018

Learn about the Istanbul Canal project in 2018

The Istanbul Canal project dates back to 2011, when he was president  Turkish Prime Minister Recep Tayyip Erdogan It is a very large project that will aim to connect the Sea of ​​Marmara with the Black Sea in the European section of Istanbul and to the enormity of this project was called the project of the age because in fact The largest investment project in the history of all of Turkey and is of great importance for the benefit of the expansion of the Turkish waterways According to Ahmed Arslan, Minister of Transport, Maritime Transport and Communications at a press conference, the best channel route will be from Buuk Shakmaj Marmara area in the Sazli Derah area and finally the Duroso Cui area According to sources from Anatolia, several studies will be evaluated for the completion of this project in the field of construction, operation and transformation and will be cooperation between the public and private sectors to accomplish this huge work The project will reduce the pressure of ships on the Bosphorus Strait. This will reduce the harmful emissions caused by large vessels passing through the strait.  Removal of unorganized random buildings located on the channel slit path Last year, the excavation was completed and the channel's course was examined and is now ready for immediate implemetation This work was carried out by several ministries, including the Ministry of Environment, Forestry, Water and Agriculture, in addition to the Ministry of Transport and Maritime Transport The project was assisted by the Municipality of Istanbul and the Housing Department of the Prime Minister's Office The above route, which will be 45 km long, was chosen The Directorate of Land Roads will establish ports and bridges within the Canal for emergency situations, as well as some artificial islands to be constructed in the Sea of ​​Marmara, taking advantage of the resulting soil from the canal The base booking will be put in place to start the implementation of the channel project after the end of the tender. The winning company will be preparing the implementation program and following up on it It is important to mention that the canal project was carefully studied to protect it from earthquakes and wind waves with expectations for up to 25 years, in addition to the storms and deep waves coming from the Black Sea and also so that the passage of ships does not lead to the formation of strong waves on the banks of the canal, Wavy And now the most important question is what is the benefit of establishing Istanbul Canal for investors in Istanbul?   A project of this size will definitely benefit all other investment areas in the country because of the revitalization of the trade movement and thus will raise property prices on the new canal route, it will be parallel to the current Bosphorus Strait is known that the real estate overlooking the Bosphorus is the highest price in Istanbul, The idea of ​​real estate investing in the New Canal Road is a good and profitable idea

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Get your Turkish citizenship with an investment of $ 300,000 now

Get your Turkish citizenship with an investment of $ 300,000 now

Yassin Aktay, deputy head of Turkey's ruling Justice and Development Party (AKP), said in a statement that Turkey would reduce the terms of granting Turkish nationality to foreign investors from $ 1 million to $ 300,000. Securely secured and especially in real estate This in turn corresponds to the country's plan that was set last year 2017 which is an increase in the attraction of foreign investment in real estate It should be noted that these statements began since last year and the decision to reduce the value of investment to 300 thousand dollars issued last month, but was not ratified and confirmed only in April of this year Because we at I home international are confident in dealing with our customers, we have published the news after confirming that it has been approved and launched In order to recall the decision issued last year regarding the acquisition of Turkish citizenship by foreign investors, he had several possibilities: Obtain a document issued by zuara environment and planning to prove that the investor has purchased a property in the Turkish territory worth not less than one million US dollars, provided that the preservation of his property for this property for 3 years without selling it Or to obtain a document issued by Zawahra, confirming that the investor has a fixed investment project of at least US $ 2 million Or a document proving that the investor has a current bank account in which the value of 3 million US dollars obtained from the organization of banking business and also must be maintained in the value of this bank account for a period of not less than 3 years And finally open a business that provides 100 job opportunities for Turkish citizens and get a document from the working hours prove that and must continue this project for 3 years also Despite these conditions, the statistics indicated that there is a strong demand by foreign investors to obtain Turkish citizenship, where the share of Iraq alone was about 5000 investors at least one million dollars each of them   Now the opportunity is easier. The required investment is only 300,000 US dollars and you get your Turkish nationality

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Buying a dream home in Turkey

Buying a dream home in Turkey

Have you searched the web pages and forums frequently about the best ways to buy a property in Turkey yet have not found an answer? Would you like to have a house with distinctive views, green lawns, good ventilation and sunrise for a long time daily? Or was your request a home full of services and recreational activities, while at the same time close to highways, educational centers, commercial markets and airports? Who does not want to get all of the above and the cheapest price possible!! Getting a good property in a big country like Turkey with a population of more than 80 million is not easy, especially if we know that its area is about 800,000 square meters and includes 81 different states divided between two continents, Asia and Europe   But the positive point here is that the population of Turkey originally move annually between the states to obtain new homes either for housing or investment and, of course, the share of large states of the number of real estate is the largest, especially in the state of Istanbul, which is the destination of many people wishing to invest in Turkey or even housing because Istanbul is characterized by its location The ideal extends between the Asian and European continents in addition to the abundance of beautiful tourist places and historical heritage and many advantages that cannot be mentioned here, but today in this guide we will try to help you offer the best opportunities to own in Turkey, Fruits and development of your money or your goal was to find suitable accommodation for you and your family The following points will help you choose the most suitable property for you: 1-The place of the property is the most important thing in the purchase process. If you are an investor, you should look for a place where the investment returns quickly if you do not like this place in person and we will remember soon some good options If you intend to buy a house for the purpose of housing, you should choose a location close to your workplace, schools and universities for your children and also do not forget the subject of transport and commercial markets to be as close as possible, this is important for those wishing to live   2-We do not forget that there is no big house in the middle of the country and overlooking the Bosphorus Strait at a price of 100 thousand US dollars, it is impossible, so it is the smart investor who assesses the options available and chooses them to fit his budget and needs but here we should be aware that the purchase of a property in the project restriction Construction is a good idea to save, especially projects that are close to the time of delivery are at an acceptable price and will not be too late to start to benefit from them, but here you should pay attention to the guarantees attached to each project to ensure your rights     3-Fortunately, in Istanbul, many projects are currently under construction, which in turn makes it easier for you to implement the previous step. The options in the many projects are numerous and you must find your request within this huge amount of urban development in the region and if you want to invest the project under construction is the most suitable option for you because it will ensure You will receive additional profits as soon as construction is completed separate from the basic investment profits 4-Security, services and social and recreational facilities are very important to consider when purchasing a house in Turkey. You are finally in a foreign country and you must take safety precautions to ensure your safety and your family's safety. On the other hand, the facilities and services available in each project will make a big difference in the short term and long-term because these services and their quality will greatly improve your life and give you the high level of luxury you want   Now, after mentioning the most important steps in obtaining a new home in Turkey, you have the task of searching for the right home for your budget and your goal and the right location for investment or housing as mentioned above and fortunately this task will not cost you much because in I home international we carry the burden of research We do not need to ask dozens of real estate companies about prices and compare them all because here at I home partners with construction companies and the prices we offer you are the best prices in the market at all because we rely on taking our commission from construction companies and not from Purchaser If you are looking for an Italian design project at a very affordable price, IHOME 19 is the best for you If you are looking for luxury and quiet life in the Asian section of Istanbul near the transportation and work centers, IHOME 16 is a good choice for you     If you would like your accommodation to have a direct view of the Marmara Sea and in an area such as Avglar near transport, highways and Istanbul universities, IHOME 22 is an ideal choice. And the amateurs of the quiet life away from the busy city of Istanbul and close to Yelwa with the beautiful nature and sulfur water that tourists from all over the world come to visit. The IHOME 02 project is the right choice for you. If you like big projects in a historic city such as Bursa, you have the option of IHOME 01, which is very special, especially since it has a global unfairness for the best architectural design and includes a huge artificial lake. Do not miss yourself and go to the links above for more details.   You can also leave your information here and we will contact you to view more projects until you reach your request

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TOP TEN REASONS TO INVEST IN TURKEY

TOP TEN REASONS TO INVEST IN TURKEY

  It is imperative that every Arab investor or foreigner is constantly looking for the best investment in the best country around the world. Although investment options are numerous and many, we will speak today in this article about investing in Turkey and in particular real estate investment in Turkey because of its great resonance Is increasing day by day We will talk about 10 key points explaining why investing in Turkey and we will support our article with the figures and statistics necessary to ensure the credibility and maximum benefit   1-The Turkish economy is a strong and successful economy                              Perhaps the most prominent thing that describes the Turkish economy is its rapid growth. In 14 years it has grown from a GDP of $ 231 billion in 2002 to $ 857 billion in 2016. This figure is increasing steadily and steadily (Source of this statistic is Turkish Economy Institute Turk Stat) The Institute also pointed out that this economic growth was stable during those years and reached 5.6% In the current years and with the increase in the number of investors increased this proportion, increasing from year to year Despite the country's external challenges, the Turkish economy has been classified as one of the fastest growing economies in the world by the Organization for Economic Cooperation and Development (OECD)   This classification is not surprising. Turkey's economy 15 years ago was not one of the first 100 economies in the world. Today, it is ranked 16th in the world and seeks to be one of the 10 largest economies in the world by 2023.                   2-The population of Turkey The population of Turkey is about 80 million people in 2016 according to the Turkish Statistics Institute It is worth mentioning that the high proportion of these people are young, unlike the countries of the European Union, which suffers from youth shortages and high levels of large ages   The population of Turkey under the age of 31 is over 40 million. More than half of the population is young. This statistic was also issued by the Turkish Statistical Institute above         3-Manpower in the country It is noteworthy that the number of educated young people and workers in general more than 30 million people in 2016, according to the Turkish Institute of Statistics   If we talk about the students, there are about one million students graduating annually from about 200 universities all over the country   Even in the field of technical and industrial works, Turkey has about 950 thousand students graduating from high school professional and technical annually and start to work in the industrial fields   4-The country's open climate for investments and continuous development Turkey is one of the least developed countries in the Organization for Economic Co-operation and Development (OECD) and has been subject to restrictions for foreign investors since 1997. The business environment is encouraging both small and large entrepreneurs. It takes only 7 days to set up a company in Turkey, according to the World Bank's World Business Statistics report last year 2017   The investment opportunities in Turkey are highly competitive as the investor invests in any field that starts to invest. All fields are good, successful and suitable. This is due to Turkey's strong culture in both industry and services sectors, as well as good treatment for foreign investors.   According to statistics of the Turkish Ministry of Economy, there are more than 52 thousand companies in Turkey with foreign capital in 2016. The investment in Turkey is characterized by international arbitration in the event of any problem or misunderstanding with many facilitations to foreign investors to facilitate their investments in Turkey, And facilities on bank transfers   5-The country's infrastructure We have discussed the previous points of general external factors and now within the country, we mention that Turkey enjoys high-developed infrastructure both in transportation and telecommunications, as well as in the organization of energy and transport, especially through the railways that reach central and eastern Europe at discounted prices, Transfers smoothly   6-Featured Location: The return to the external advantages in the country cannot fail to mention the central location of Turkey between the Asian and European continents, which provides a highly efficient and cost-effective transport route compared to major world markets. According to statistics, this road provides access to multiple markets that benefit the GDP in an estimated amount with 34 billion US dollars 7-A way to transfer energy to the continent of Europe Thanks to Turkey's central geographical position and its east-west mediation, Turkey remains the best energy transfer route to the world's largest consumer, the European continent. It is also close to 70% of the world's proven primary energy reserves   8-Incentives for investors and reduced taxes The fact that Turkey is close to Europe and its ability to join the European Union requires that its tax laws be similar to Europe. By contrast, corporate income tax was reduced to 20%, a low percentage compared to 33%. Even compared with taxes in European countries, Turkey is the best and this in turn attracts more foreign investors to it   There are also incentives and tax exemptions for technological development centres and industrial zones as well as for large and regional investments. All this has been legislated to facilitate the investment movement and motivate more entrepreneurs to start their businesses in Turkey   9-Turkey in the European Customs Union 20 years ago According to the Turkish Ministry of Economy, the Customs Union was established with 27 countries in Europe since 1996 in addition to free trade agreements. This was in the past. As for the future, many other agreements are on the way to conclude and provide more facilities for investment in Turkey, Turkey's accession to the EU, in turn, will ease the external pressures on this country as well as give investors more safety and stability     10-Local market in Turkey We talked about the external factors and infrastructure that characterize the Turkish economy and the factors that stimulate investment in Turkey and finally we will talk about the size of the local market in the country to take an idea of the evolution If we talk about the Internet service, we have more than 60 million Turkish subscribers in the fast Internet service in 2016, after it was less than 100 thousand in 2002, according to statistics of the Turkish Institute of Statistics As for mobile phones, we have about 75 million subscribers in 2016, up from only 22 million in 2002 According to the Bank Card Issuance Centre in Turkey, the number of credit card users is approximately 59 million in 2016 compared with 16 million in 2002 If we talk about Turkish airlines, we are talking about one of the best airlines in the world. Turkish airlines were able to transport more than 180 million passengers in 2015 compared to only 33 million in 2002. This statistic was also issued by the Turkish Statistics Institute     Finally, in the field of tourism, in 2016, Turkey received more than 25 million tourists compared with 2002, which reached only 13 million tourists The importance of the Turkish economy is significant, and this clearly indicates that the investment opportunities in Turkey are great and will benefit the foreign investors in particular, especially that the Turkish government is constantly seeking to provide the necessary facilities for investors to ensure the best possible efficiency of their investments   If we talk about investing in Turkey, we must remember that real estate investment is at the forefront of investment in the country. Turkey has recently witnessed a significant increase in the number of investors in real estate due to the reasons mentioned above, in addition to the fact that real estate in Turkey has very favourable prices, is our talk today or even to live, we cannot deny that Turkey is a very beautiful country and suitable for housing, especially with the availability of many of the services that may need the resident here   For the best real estate investment opportunities please contact with us to offer you all new

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