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Expectations of a major recovery of the Turkish economy after the issuance of the law to reduce the investment required to obtain Turkish citizenship

Expectations of a major recovery of the Turkish economy after the issuance of the law to reduce the investment required to obtain Turkish citizenship

It is expected that in May a new draft law will be presented to the Turkish parliament that will grant Turkish citizenship to foreigners who buy property worth 300 thousand dollars, In addition to streamlining the procedures related to ownership and licensing, as part of the Turkish government’s efforts to revive the economy by increasing […]

9.4 million homes sold in Turkey over the past 10 years

9.4 million homes sold in Turkey over the past 10 years

In a statement issued by the Turkish Statistics Agency, the number of houses sold in Turkey during the last ten years reached 9 million and 361 thousand and 941 houses. Istanbul topped the list, with 1,904,919 homes sold during this period, followed by the capital Ankara with a million and 232 thousand and 571 houses, […]

Istanbul properties are the most purchased by foreigners last year

Istanbul properties are the most purchased by foreigners last year

The number of properties sold to foreigners in Turkey registered a remarkable increase last year, with 22,234 properties sold across Turkey, the increase was 22 percent compared to 2016, and the total value of properties sold to foreigners was $ 4.6 billion. Istanbul ranked first in terms of apartments sold to foreigners with a total […]

One and a half million apartments were sold in Istanbul last year

One and a half million apartments were sold in Istanbul last year

According to a report published by the Association of Real Estate Investments in Turkey, sales of apartments increased during the last year by 5.06 compared to 2016, where 1,409,000 apartments and 314 apartments were sold during 2017. Compared to 2016, sales of new apartments have increased by 4.4 percent over the last year, while sales […]

7.4 billion $ worth of foreign direct investment in Turkey in 2017

7.4 billion $ worth of foreign direct investment in Turkey in 2017

According to recent official data, during the past year, Turkey attracted foreign direct investment of $ 7 billion and $ 437 million. European countries had the largest direct investments in Turkey, with a rise of 2.4 percent compared with 2016, with investments amounting to $ 4 billion and $ 964 million, according to data from […]

New Horizons of Partnership Between Turkey and Algeria

New Horizons of Partnership Between Turkey and Algeria

Experts and politicians in Algeria stressed the importance of partnership between Algeria and Turkey to serve the interests of both parties, Especially as Turkey is witnessing a renaissance at all levels and has a great position in the Middle East and the world. Turkey and Algeria signed memorandums of understanding in many fields (diplomatic, cultural, oil […]

4 New Metro lines will be opened in Istanbul

4 New Metro lines will be opened in Istanbul

Mayor of Istanbul “Mouloud Oisal” said that the municipality plans to open four new metro lines during the current year to reduce the overcrowding. He added that the new metro lines will link between” Uskudar and Çekmeköy “,and ” Bostanci Ido and woodley ” in the Asian side of the state, and between ” kabataş and […]

Istanbul’s third airport will affect the airspace of whole Europe

Istanbul’s third airport will affect the airspace of whole Europe

On the twenty-ninth of October, which marks the 95th anniversary of the founding of the Republic of Turkey, the third Istanbul airport will be opened with an 80% completion. It is expected to become the largest airport in the world when fully operational, strengthen Istanbul’s status as a point of contact and will positively affect […]


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