Turkey News

Bill Gates is now the Largest Farmland owner in USA

Bill Gates is Now the Largest Farmland Owner in USA

Bill Gates, the founder of Microsoft, one of the richest names in the world, bought 242 thousand acres (approximately 979 thousand square kilometres) of agricultural land in the United States, thus becoming the largest landowner in the country. Why Gates invests so much farmland remains a mystery. Gates, who bought 242 thousand acres (about 979 thousand square kilometres) of agricultural land from many...

The Library is Now a Must for New Buildings in Turkey

The Library is Now a Must for New Buildings in Turkey

According to the new regulation published in the Official Gazette by the Ministry of Environment and Urbanization in 2021, it is now a necessity to build a library room as a common area in buildings with more than 40 independent sections. Besides, to collect the rainwater collected on the roof in a warehouse under the garden floor, it was required to install a "rainwater collection system" in new...

Can I Buy a House With a Personal Loan

Can I Buy a House With a Personal Loan?

It becomes difficult to find the cash to buy a house directly especially during times of rising prices and a fluctuating economy. That's why the mortgage loans offered by banks help us. Is there a mortgage loan for the whole house? The banks cant give loans for the total value of the house as a result of the regulations made. It is necessary to check the suitability of the house to be purchased for...

The Best Places to Buy Property in Turkey

The Best Places to Buy Property in Turkey

The Best Places to Buy Property in Turkey - The districts of Istanbul Beylikdüzü and Pendik and Çankaya district of Ankara are the most wanted regions as sale and rent flats throughout 2020. These were followed by Kuşadası and Bodrum. According to current data; the most wanted districts as flat for sale of Turkey; the square meter price of an average residence of 100 square meters was 3.486 TL in...

Housing Sales to Foreigners Increased by 24.4 Percent!

Housing Sales to Foreigners Increased by 24.4 Percent!

Housing sales to foreigners - According to the latest figures released by the Turkish Statistical Institute, foreign home sales, rose 24.4 percent compared to the same month of the previous year. In the January-November period, it decreased by 9.5 percent compared to the same period of the previous year and reached 36,385. Housing Sales to Foreigners Reached Record Level After the Pandemic affecting the...

Buying a House During the Coronavirus Pandemic

Buying a House During the Coronavirus Pandemic

Housing Markets in a Pandemic - Natural disasters and pandemic processes have also changed the real estate preferences of investors. The earthquake disasters and the pandemic process we experienced as a country greatly affected our priorities when buying a house. First of all, when purchasing a house, solid structures built following the earthquake regulations should be preferred. Housing markets in a...

How to Understand an Earthquake-Resistant Building

How to Understand an Earthquake-Resistant Building?

Turkey is located in a large number of fault lines. Turkey is home to a large number of earthquake-house each year. The earthquake-resistant buildings that collapsed during the earthquake and caused the loss of life and property are among the biggest fears of the Turkish people. For this reason, the first point to consider when buying a house is to evaluate whether it is earthquake resistant. So how do you...

Why do Chinese Investors Prefer to Turkey

Why do Chinese Investors Prefer to Turkey?

Chinese Investors - In particular, entitling of Turkish citizenship to foreigners who invest in real estate is increasing recognition of the attractiveness of homeownership in Turkey. Foreign sales have many more requests from China. When the Chinese have a Turkish passport, they can get a visa to European countries and America more easily. Property Investments of Chinese Investors in Turkey This...

Istanbul is the Favorite of Iranian Investors

Istanbul is the Favorite of Iranian Investors

The high demand for housing sales to Iranian investors before the epidemic has started to be seen at a record level in recent months. Which cities do foreigners prefer for housing investment? Istanbul is the most favored place in Turkey from foreign investors last month and it has been seen in the history of the highest September sales of 2,370 units of housing sales. In Istanbul, in the first 9 months...

More than 7,500 Foreigners Granted Turkish Citizenship

More than 7,500 Foreigners Granted Turkish Citizenship

The Covid-19 outbreak has revealed severe public health problems in all countries of the world. Turkey has demonstrated a successful struggle with strong health infrastructure and applications in place. This situation has made it more attractive to live in Turkey. It has increased the interest of foreigners in Turkish citizenship. Turkey Interests of Foreigners According to the recent data, more than 7...

Curfew Exception for Foreign Tourists in Istanbul

Curfew Exception for Foreign Tourists in Istanbul

Foreign Tourists in Istanbul - Some new measures were implemented by the Ministry of the interior with the increase in the rate of spread of the Covid-19 epidemic and the second peak point in the epidemic. The new Covid-19 measures within the scope of tourist activities of tourists resided temporarily in Turkey shall be exempt from the curfew restrictions that will apply on weekends. Restrictions Do Not...

Turks are Most Satisfied with Real Estate Investments!

Turks are Most Satisfied with Real Estate Investments!

According to the results of the research conducted with the participation of 15 thousand people, the most satisfied investment vehicle of the Turkish people was real estate with a rate of 81 percent. Real estate is followed by gold with 76 percent, time TL deposit accounts with 72 percent, foreign currency with 71 percent, establishing a business with 67 percent, and participation account with 65...

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