Investment

PRINCIPLES FOR THE SALES OF IMMOVABLES AT NOTARY

The regulation determining the principles for real estate sales at the notary publics has been published. The application will start on the date specified on the Ministry of Justice website, where the information system specified in the notary law is established. According to the regulation in today's issue of the Official Gazette, which determines the principles to be applied to immovable sales...

10 MOST EXPENSIVE DISTRICTS IN TURKEY

According to the data of real estate platform Hepsiemlak; Turkey's 10 most expensive neighborhoods emerged. The entire list came from Istanbul. MOST VALUED PROVINCE ANTALYA According to the data, Antalya was the province with the highest value per square meter of residences for sale in 2022! Antalya, which was under the intense interest of foreign investors due to the Russian-Ukrainian crisis,...

CONSTRUCTION COST REDUCED SPEED

Turkish Statistical Institute announced the construction cost index data. Construction cost index increased by 3.44 percent in October 2022 compared to the previous month and increased by 117.07 percent compared to the same month of the previous year. Compared to the previous month, the material index increased by 3.88 percent and the labor index increased by 1.94 percent. In addition, the material...

FOREIGN RECORD IN ANTALYA

According to the housing sales data announced by TUIK, 6 thousand 323 houses were sold in Antalya in October. Foreigners bought 33.58 percent (2 thousand 123 units) of these residences. Mersin, Yalova and Istanbul were the other provinces with the highest proportion of sales to foreigners. Istanbul, which was in the first place in sales to foreigners in the previous 68 months when the statistics started...

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