Alex Donvour

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Interesting Facts about Investment in Turkey

Article Summary:
A study to monitor the most important reasons and types of investment in Turkey, real estate, tourism, industry and invest funds through profitable investment opportunities.
In 2007, the Turkish government established an investment support and promotion agency in Turkey, which launched its website in 12 languages, including Arabic, to serve as a link between Turkey and foreign investors.
What are the most important areas for investment in Turkey?
Real estate, industry, automobile industry, agriculture and food, general trade, healthcare and pharmaceuticals, automotive industry, financial services, communications and information, and many other areas.
What are the most important investment incentives in Turkey?
• A promising economy is expected to become one of the fastest growing economies within the Organization for Economic Co-operation and Development (OECD) during...

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Turkey: Meeting Set to Assess Presidential Transition

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In the wake of Sunday’s landmark election, a meeting to assess Turkey’s transition to an executive presidential system will be held under the chairmanship of President Recep Tayyip Erdogan.
The meeting will begin at Tuesday 12.00 noon (9000 GMT) at the Tarabya Presidential Campus (Huber Villa) in Istanbul, said presidential sources, asking not to be named due to restrictions on speaking to the media.
The meeting will be attended by Prime Minister Binali Yildirim along with a number of ministers and bureaucrats.

In April 2017, Turkish voters voted for constitutional changes to switch Turkey from a parliamentary to an executive presidential system of governance. Among other changes, the new system eliminates the post of prime minister.
With his Sunday reelection, meant to cement the changes, Erdogan is Turkey’s first president under the new system.
Edited by: Imtilak Real Estate ©
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Turkish Elections: President Erdogan Inaugurates the Reign of the Second Republic of Turkey

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Early presidential and parliamentary elections in Turkey
On Sunday, June 24, 2018, Turkey witnessed early presidential and parliamentary elections with a record Participation of 88%

The head of the Supreme Electoral Commission of Turkey Saadi Goven officially announced the victory of President Recep Tayyip Erdogan in the presidential elections that took place on Sunday after receiving a majority of votes.

The results gave the candidate of the People’s Alliance for the presidency, Mr. Recep Tayyip Erdogan, more than 52 percent of the votes, while his closest rival, the Republican Party candidate, Muharram ince, won about 30 percent of the vote.

In the parliamentary elections, the People’s Alliance, which includes the parties of AK and the National Movement, won 53 percent of the vote (342 out of 600 seats), while the National Alliance, which includes the Republican People’s Party...

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The Land Registry Is Undergoing a Qualitative Leap in Turkey

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Turkey will soon launch a pioneering and unique service in the field of real estate records, through the application of three-dimensional land registry technology, where the owner will be able to watch a three-dimensional view video of the property from inside and outside in detail before buying it, this will be through a special technology used in this context.

The new application will give investors, especially foreigners, greater flexibility before buying the property in Turkey without having to come to the site, In addition to the possibility of comparing the property on the ground, with its recorded registries in the land registry, to avoid any mistake between the required property and the sold property.

Edited by: Imtilak Real Estate
Source: Yeni Shafak

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The Cheapest Districts to Buy a Property in Istanbul

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Buy property in turkey Istanbul - Cheapest Districts
There is a constant need for a real estate in Istanbul , where the building sites are growing steadily, especially as investment in Istanbul is at the forefront of the Turkish cities for those who want to buy a property, either for residence or for investment in the biggest cities that are the most profitable.
Turkey real estate
The first thing comes to mind for those who want to invest in Turkey, or want to meet their housing needs is buying a property, but when looking at the high Istanbul property prices, many wonders whether it is possible to buy a property there with a specific criteria and features without pressing the Savings required to buy the property? Can you buy a luxury property at a reasonable price in Istanbul?

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Despite the high prices, many of those wishing to own a...

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How to make high profits in real estate investing in Turkey?

When an investor wants to invest in Turkey through the purchase of real estate, the achieved profits largely depend on specific criteria. Consequently, the investor should abide by these standards and controls that could turn his investment into a successful investment which would bring him high profits and that is what required by the investment. The most important points that the investor should pay attention to in the real estate sector when doing investment are:

Location: when doing a real estate investment, the most important thing that you need to pay attention to is the location of the property, It is important that the investor should be precise in selecting the location of the property, and it is better if the investor would purchase property in an areas that are still experiencing growth and development, this is because real estate prices in developed areas, which completed...

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What is the difference between complete title deed and temporary title deed?

When investing or buying a property in Turkey, one of the most important things to pay attention to is whether the property’s ownership purchased has moved to the investor or the buyer or not? The ownership document (the title deed) is the proof of transfer of ownership of the property for the investor or the purchaser. There are different categories within the title deed: the complete title deed (Kat Mülkiyeti), the Temporary Deed (Kat irtifakı) and the bond of participation (Devre mülk).

Title Deed: An expression called on a document that regulates a particular property, It proves the ownership of the property concerned for the person mentioned in the document, stating information about the property and the real estate survey numbers, identifying the location of the property in question, This document is organized by the Directorate of Land Registry, and there are several types of...

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Types of Title Deeds in Turkey

First: Land Titles Suitable for Reconstruction and Agricultural Land:
These properties that are registered as empty plots that are valid or unfit for construction. This piece of land must be located within an area included by the reconstruction plan to acquire the status of the land for reconstruction.

However, acquiring the status of the land does not mean constructing a building. Organizing a project and taking the building permit on of this piece. It is necessary to consider and check the municipality concerned about the status of the reconstruction of the area and the extracting diameter of reconstruction as part of the reconstruction plan.

The piece may be located on the road or dedicated to a public park or a green area and the like. The properties which are described as a field, land Agricultural land, but sometimes the land or the piece registered in the title document may be...

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What is the difference between complete title deed and temporary title deed?

When investing or buying a property in Turkey, one of the most important things to pay attention to is whether the property’s ownership purchased has moved to the investor or the buyer or not? The ownership document (the title deed) is the proof of transfer of ownership of the property for the investor or the purchaser. There are different categories within the title deed: the complete title deed (Kat Mülkiyeti), the Temporary Deed (Kat irtifakı) and the bond of participation (Devre mülk).

Title Deed: An expression called on a document that regulates a particular property, It proves the ownership of the property concerned for the person mentioned in the document, stating information about the property and the real estate survey numbers, identifying the location of the property in question, This document is organized by the Directorate of Land Registry, and there are several types of...

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The Turkish Lira Challenges the Fabricated Crises and Continues to Rise

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As Turkey’s economic power grows in European and global markets, foreign parties are increasingly trying to curb the pace of this sustained economic growth over the last 16 years.

Political pressure on Turkey using direct and indirect financial effects has not stopped over the past period, But Turkey, with the solid structure of its economy and thanks to the stability established by the people conscious of their capabilities, managed to overcome all these failed attempts to undermine its economic power and even sovereignty.

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Frequent hostile attempts towards the Turkish economy

At the end of 2012 and the beginning of 2013, Turkey witnessed unprecedented economic growth. This success seems to have angered political foes who did not want a welfare to the country.

It has been mobilized for dubious actions under the pretext of protecting the environment, these actions quickly turned...

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