Turkey's real Estate Sector Risks Losing Foreign Buyers

#turkey #realestate #economy

The increased tax burden and greater complexity of a new real estate tax system in Turkey may discourage foreign investors, reported the Hurrietdailynews.

The new value added tax (VAT) law, which will especially impact small luxury hous...

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'Teknopark Istanbul' to be Built In 10 Years

#teknopark #turkey #istanbul #construction

Turkey's Teknopark Istanbul, a hub of research and development efforts similar to the Silicon Valley but for the country's defense and related industries, will be completed in 8-10 years, reported the Hurrietdaily. After construction it will generate...

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Baku Buries Nabucco?

#pipeline #azerbaijan #turkey #politics #construction

Azerbaijan and Turkey yesterday signed an inter-governmental agreement in Istanbul on construction of Trans Anatolian Pipeline (TANAP). Turkey's Prime Minister Recep Tayyip Erdogan and the President of Azerbaijan Ilham Aliyev participated in the sign...

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New Eco-Region Will Be Built In Istanbul

#theyenisehir #green #turkey #istanbul #eco #construction

According to Turkishnews, a new eco-friendly region plans to be built in Istanbul. A new project was named "The Yenisehir", which in Turkish means "The new city". The eco-region design was made by reputed American architect Sidney Rasekh, a founder o...

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Code lets foreigners buy more local land in Turkey

#turkey #realestate #politics

As reported hurriyetdailynews, Turkey's Parliament has approved a law that eases restrictions on the sale of land and real estate to foreign citizens and firms despite harsh objections from opposition parties.

The bill, approved late ...

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