Economics
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The first Turkish car charging service provider Eşarj will build 1,000 charging stations in the country by the end of 2023. Eşarj will direct more than 90% of the newly received investments to fast charging points, which it will place in absolutely every province: at least one "point" in any of the 81 provinces, depending on their size and...
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In January-March 2023, the Turkish contracting sector carried out works outside the country totaling $4.1 billion. Having managed to implement a total of 52 projects on the territory of other states in the first quarter of the year. To clarify, over the past 50 years - the period when statistics on this issue are being kept - local...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our traditional digest for the week. The provinces that were leading in terms of transactions in March became known. Istanbul and its susceptibility to tremors also remain in the focus of attention: given the overpopulation of the metropolis, it...
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Turkish media published a basic report of analysts on real estate sales in March 2023. In total, during March, 277,496 real estate objects in 81 provinces were purchased and sold in Turkey, totaling 5.2 billion Turkish liras (5,221,277,948 TL). Let's clarify that we are talking about real estate of various types -...
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The European Bank for Reconstruction and Development (EBRD) has officially announced that it will provide Fraport TAV Antalya Investment, Construction and Operations (FTA) with financing in the amount of 140 million euros for investments in the airport in Antalya. This amount will make it possible to complete the construction of a new...
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For the Akkuyu NPP, being built near Mersin, a kind of "countdown" has begun: the date of commissioning of the first power unit has been announced. Akkuyu NPP is of great importance for the region and for the country as a whole: after all, it is the first nuclear power plant in the Republic of Turkey. It should be recalled that...
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We present the most significant news events of the construction and residential real estate market in Turkey for the first week of April. The most important, undoubtedly, is that the draft law banning the sale of housing to foreigners in Turkey, put forward by the opposition, was rejected. So potential investors have nothing to fear at the...
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Over the past year, the topic of banning the sale of housing to foreigners has been actively discussed - under the pretext that buyers from abroad are allegedly to blame for the sharp increase in prices for apartments and houses. As a result, the local population can no longer afford their own housing. Nevertheless, just the other day it...
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Important financial structures and corporations in Turkey are preparing to move their headquarters from Istanbul to Ankara, Turkish media write. This is explained by the desire to minimize risks due to the possibility of an earthquake, which is higher in the largest metropolis of the country than in the capital. The headquarters of...
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As usual, we remind you about the most relevant real estate news in Turkey over the past 7 days. Turkey has once again become a world leader in house price growth. Investors from abroad are actively interested in real estate here: here are the TOP-20 countries whose citizens purchased the most apartments and houses last February....
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