Foreign demand will be effective to the growth of the real estate sector in years.
In April, there was a great record of buying houses from the foreigners in Istanbul.
Turkey Union of Contractors (TMB), the implementation of the economic program, which is essential in the financial and monetary tightening measures, which will slow down construction activity signals further pressures in the short to medium term; the sector should be supported against the upward trend in foreign exchange and interest rates. Under pressure from the United States, the under-pressure dollar / US dollar rallied around 4.93 today after the rejection of US lodging priest Andrew Brunson's objection to house arrest yesterday. USD / TL from the inside since Christmas election uncertainty, geopolitical risks and foreign currency debt, which is concerned with the 30 percent rise in Turkey's economy and for the companies that use imported inputs into a difficult. The TMB pointed out the importance of market conditions in terms of the course of infrastructure projects with high financing needs, but pointed out that there is an upward trend in foreign contracting services.
Mamak is reconstructed from the beginning with urban transformation projects implemented in Mamak, the leading district in urban transformation in Ankara. the construction sector continues to rise rapidly in Mamak shown as the locomotive of Turkey's economy. In Mamak, the leading district in urban transformation in the capital city Ankara, the municipality is almost reconstructing Mamak with its urban transformation projects implemented in the district. The construction of the remaining stages is continuing rapidly while some of the stages of the conversion projects are completed.
Feyzullah Yetgin, Chairman of the Association of Real Estate and Real Estate Investment Partnership (GYODER), said that there is a series of incentive demands to mobilize the sector. Speaking at the 16th Real Estate Summit organized by GYODER, Gifted pointed to requests such as the application of the single VAT rate in the residence, the reduction of the title deed, the reduction of the housing loan interest from the income tax base, and the withdrawal of the $ 1 million real estate investment requirement for foreign citizenship to 300,000 dolars. He said that the incentive package for the Istanbul Financial Center should also be brought up as soon as possible. Yetgin emphasized that the diversification of the sector financing should also be a dream.
Bursa - Bursa Construction Fair (15th Building, Construction Materials, Plumbing, Heating, Cooling, Ventilation, Natural Gas and Technology Fair) and Rising City Bursa Real Estate Fair (2nd Housing, Workplace, Land, Investment and Finance Fair) Tüyap opened its doors in Bursa International Fair and Congress Center. The fairs will be held until April 23, with a total of 252 exhibitors participating in the event, with 6 halls and an open area of 35,000 square meters. More than 60 domestic and foreign visitors are targeted from 41 cities in 33 countries and domestic.
19-22 April 2018 date TOKI between REAL ESTATE RESIDENTIAL, KIPTAS, DGF's support and participation of Ankara Congresium the first time this year organized the TEBİF (Turkey Building Technologies and Industrial Construction Fair) countries in the region and Turkish construction sector in the international arena, a aiming to move to the upper level. Construction technology, building materials, indoor and outdoor equipment, the equipment and applications will take place TEBİF Fair aims to be more intense and quite active with all participants and visitors, mainly from Turkey, Ankara.