Mortgage Loan DeductionBoomed In The Market 

Mortgage Loan DeductionBoomed In The Market 

After the mortgage loan interest rates fall below 1 percent, the expected movement and increase in housing demand was experienced during June and July, but despite this activity, housing prices did not increase. Following the Central Bank’s interest rate decrease we have seen a serious interest rate reduction campaign from public banks, and a rapid […]

What To Consider When a Housing

What To Consider When a Housing

There are many important things to consider when buying a house, but at first you have to ask yourself: Will you buy the house for yourself or for investment? To compare both possibilities, real estate investment is one of the most reliable investments. It makes premiums, increases its value, and provides rental income. In addition, […]

82 Percent Increase in Housing Sales to Foreigners!

82 Percent Increase in Housing Sales to Foreigners!

Housing sales to foreigners continue unabated. In the first half of the year, housing sales to foreigners increased by 82 percent and reached a record. Housing sales to foreigners, which maintained their strong course in the first quarter of 2019, reached 13,388 in the first four months. In the January-June period of last year, 7 […]

Kartal, New Business and Investment Center of İstanbul

Kartal, New Business and Investment Center of İstanbul

The most important factor that determines the city centers according to international standards is office areas or central business areas (CBAs). CBAs are the locations where professional office buildings are concentrated and include the most intense and demanded office areas in the pedestrian-vehicle traffic and service sector. This axis, defined as the CBA of İstanbul, […]

Property And Environmental Cleaning Tax

Property And Environmental Cleaning Tax

Property and Environmental Cleaning Tax Taxpayers and the amount they have to pay vary depending on the type and value of the immovable property owned. All real estate owners within the borders of Turkey are responsible for real estate tax payments. Except for the isolated cases specified in the law, payment must be made for […]

Housing Loans In 5 Questions

Housing Loans In 5 Questions

1- What is a housing loan? It is a loan type given by banks provided that a lien is put on the house to be purchased. 2- How to get a housing loan, who can get it? The amount of the housing loan to be taken from the banks is determined as a certain number. […]

The Most Expensive House Of The World Sold In France

The Most Expensive House Of The World Sold In France

The castle, built in honor of King Louis XIV in France, was sold for USD 301 million. The castle, inspired by 17th century French buildings, has a home theater, ballroom, underground night club, wine cellar and a room surrounded with an aquarium. A large amount of gold and marble were used in the construction of […]

New Record In Real Estate Sales To Foreigners!

New Record In Real Estate Sales To Foreigners!

According to housing sales statistics released by the Turkish Statistical Institute (TurkStat), an all-time record is reached in residential sales to foreigners. In August 2018, 3.866 houses were sold to foreigners. Housing sales to foreigners increased by 129.6% compared to the same month of the previous year and reached 3.866. In the housing sales to […]