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Property Sales to Foreign Nationals in the first half year of 2018

Property Sales to Foreign Nationals in the first half year of 2018

Foreign Nationals bought 11,816 properties in Turkey in the past six months of 2018. In Turkey, the boom in the tourism sector in 2018 have a good impact on real estate, as well. According to data from the Turkish Statistics Institute (TÜİK), foreigners purchased a total of 11,816 properties across Turkey in the first 6 months of 2018, with an increase of 18,8 % compared to the same period of 2017. In house sales to foreigners, Istanbul is the...
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Citizenship to foreigners by real estate investment in Turkey

Citizenship to foreigners by real estate investment in Turkey

Turkey to offer citizenship to foreigners who buy real estate for 1 million US-Dollars or more. Real Estate in Turkey is expected to boost with the citizenship by investment, per decree that was published in the Official Gazette on 12.01.2017. Turkish citizenship will be given directly who buys at least 1 Million Dollars real estate in Turkey or have invested at least 2 Million Dollars. Turkey will grant citizenship to foreigners who buy real estate in Turkey for a minimum of $1 million on the condition that they do not sell them for at least three years or who ma...
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TERRA Real Estate is a member of AIPP

TERRA Real Estate is a member of AIPP

TERRA Real Estate is a member of AIPP - Association of International Property Professionals 2014-12-04 We now have the great pleasure to announce that as of today TERRA Real Estate is a member of AIPP - Association of International Property Professionals. As a member of this major industrial body TERRA Real Estate makes a firm commitment to be bound by the code of conduct and rules of AIPP. Our membership of AIPP also constitutes a part of our unhesitant commitment to professional standards in the international property industr...
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Turkish Real Estate Price Index, Highest Growth in Europe

Turkish Real Estate Price Index, Highest Growth in Europe

Turkish Residential Real Estate Price Index has the highest growth in Europe with 18,5 % when global house prices shifted in the year to June 2015 rising by only 0.1%. The Knight Frank Global House Price Index established in 2006 allows investors and developers to monitor and compare the performance of mainstream residential markets around the world. The index is compiled on a quarterly basis using official government statistics or central bank data where available. The index’s overall performance is weighted by GDP and the latest quarter’s data is provisional pendin...
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