News

Since the beginning of the year, passenger car sales in Turkey have increased by 52% (146,318 cars) compared to the same period last year. Sales of commercial vehicles increased by 11%. Car production increased by 12% compared to the same period last year and amounted to 151.014 units. Together with the production of tractors, the total production volume reached 250,886 units. The capacity utilization rate in the automotive industry was 74% for light vehicles, 94% for trucks, 6% for minibus buses and 72% for tractors. The production and export of automobiles occupy a dominant place in the Turkish economy. According to the Turkish Assembly of Exporters (TIM), the total exports of the automotive industry remained in first place in the ranking of industry exports with a share of 14%. According to the Uludağ Exporters Association (UIB), the total volume of car exports has increased by 9% since the beginning of the year and reached $6 billion in monetary terms.

The International Balkan Race Walking Championship will be held in Antalya on April 21. 420 athletes from 50 countries will take part in the championship. The competitions will be held in the Antalya EXPO area. Fatih Chintimar, President of the Turkish Athletics Federation: "This is the first time we are organizing an international walking championship. Our goal is to increase the team and individual quota and send at least 6 athletes to the Olympic Games."

Vice President of ALTAV and ALTID Mehmet Dahaoglu said that Germany took 1st place in terms of the number of tourists who visited Antalya in February 2024 - 58.228 tourists. Russia is in second place (48,937 tourists), and England is in third place with 37,454 tourists. The top three are followed by Poland, the Netherlands, Kazakhstan, Ukraine, Denmark, Austria and Belgium.

The grand opening of the 24th Antalya City State Hospital took place on Saturday with the participation of President Recep Tayyip Erdogan. The medical center is located in the Kepez district of the Gecherler microdistrict, occupies 372.917 m2 and consists of 4 complexes: a general department, a cardiovascular department, an oncological department and a perinatal center. A helipad is provided at the hospital for emergency patient delivery.

According to the Turkish Institute of Statistics, 93,902 properties were sold in February, which is 17.3% more than in February 2023. 65,308 objects accounted for the sale of secondary housing, 28,594 - under construction. Sales Leaders by Province: Istanbul - 17.4% - 16.344 objectsAnkara - 8.8% - 8,300 objectsIzmir - 5.5% - 5,168 objects Despite the overall growth of the market, home sales to foreigners again show a decline of 44.9% compared to February last year. In total, foreigners purchased 1,846 properties: Istanbul - 691 objectsAntalya - 659 sitesMersin - 151 objects Among foreigners, the maximum number of real estate was purchased by citizens of the Russian Federation - 395 objects, citizens of Iran - 200 objects, citizens of Iraq - 112 objects, citizens of Ukraine - 105 objects, citizens of Germany - 91 objects and citizens of Kazakhstan - 79 objects.

Alanians, outraged by the fact that TURKSTAT did not include Alanya in the list of candidates for the title of province, can exhale. The Institute of Statistics has published a new list in which Alanya is in second place. The reasons for not including Alanya in the previous list are not reported. Perhaps it was just a mistake, or maybe some kind of veiled message to the authorities of Alanya. Who knows... A new list of districts claiming the title of province: Manisa AkhisarAntalya AlanyaIstanbul BagjilarBalykesir BandyrmaShirnak CizreAnkara ChankayaBalikesir EdremitZonguldak EregliDyarbakir ErganiIstanbul EsenyurtMugla FethiyeKocaeli GebzeHatay IskenderunAdiyaman KakhtaKonya EregliIstanbul KucukcekmejeAntalya ManavgatBursa OsmangaziAnkara PolatliAdana SeyhanSanliurfa SiverekMersin TarsusTekirdag LyuleburgazOrdu UnyeHakkari YuksekovaAdana Kozan

"The construction of the Yenidogan-Sanjaktepe-Financial Center-Segutlucheshme metro begins today," Ekrem Imamoglu said on his social media account. Imamoglu said that the new metro line will be integrated with metrobus, Marmaray, and other subways and will connect a total of 6 districts.

According to circular No. 2024/2 of the General Directorate of Land Registration and Cadastre of the Ministry of Environment, Urbanization and Climate Change, changes have been made to the procedure for assessing the value of real estate purchased by foreigners. Now, only GEDAŞ Gayrimenkul Değerleme A.Ş., a subsidiary of the Housing Construction Authority (TOKI), can assess the cost of housing. Applications for the assessment report will have to be submitted via the Web Tapu system - https://webtapu.tkgm.gov.tr / . When applying, select the option "Vatandaşlığa Konu Satış" (sale for citizenship). Next, from the list of appraisal companies, you need to select GEDAŞ Gayrimenkul Değerleme A.Ş. For other transactions that are not the subject of a Turkish citizenship request and for which an assessment report is required, reports can be issued by any licensed Capital Markets Board (CMB) appraisal institution. The decree came into force on March 4, 2024. We also remind you that from January 1, 2024, the personal presence of the applicant and his/her spouse is required when applying for citizenship. Previously, personal presence was only necessary when fingerprinting to apply for an investor's residence permit. From January 1, the investor and his spouse will also have to be personally present when applying for citizenship, where fingerprints will be re-taken, as well as biometric photos will be taken.

The year 2024 has been declared the "Year of the Pensioner" in Turkey and the Ministry of Labor and Social Security plans to take additional measures to support millions of pensioners. The provision of benefits for paying for water, gas and electricity, free or reduced travel on public transport, trains and airplanes, as well as preferential use of various municipal facilities and museums are being discussed.

According to the Turkish Statistical Institute TurkStat, coffee exports from the country have tripled over the past 5 years. If in 2019 the revenue from coffee exports amounted to $19.268.937, then in 2023 it already amounted to $57.491.128. The total income from coffee exports over the past 5 years has been fixed at $200.690.415. The main importers of Turkish coffee in 2023 were:Syria - $ 10.470.784Belarus - $ 8,532,753Russia - $ 6.576.522 "In the coming years, Turkish coffee will become more popular in the world, and Turkey will take a more prominent place in this sector," said Osman Serim, vice president of the Turkish Association for Coffee Culture and Research.

Below are the metro lines and funiculars operating until 1 a.m. during Ramadan: M1A Yenikapi - Ataturk AirportM1B Yenikapi - CherryM2 Yenikapi - HadjiosmanM3 Kirazli - The Center of KayashehirThe M4 Kadikoy Highway - Sabiha Gokcen AirportThe M6 Levent - Bosphorus highway./FortressM7 Yildiz - MahmutbeyMetro lines M9 Baharie - Olympic,T1 Kabatash - BagdzhylarT4 Topkapi - Salyut MosqueTram lines T5 Eminenyu - Alibeikey,Formula 1 Taksim - KabatashF4 The Bosphorus./Fortress

A program of preferential mortgage loans for citizens has been launched in Turkey. The interest rate on the loan is 0.69% per month in lira. The maximum possible loan term is 15 years. The maximum possible loan amount is 5 million liras for Istanbul, 3 million liras for Ankara, Izmir, Antalya, Bursa, Mersin and Mugla, 2 million liras for other provinces. The minimum monthly payment will be 9.720 liras, the maximum - 55.265 liras. Those who wish to use the program must meet the following conditions: - this should be the applicant's first place of residence.- the applicant must have resided for the last year in the province in which he is going to purchase real estate on a preferential mortgage.- housing purchased on a preferential mortgage cannot be sold for 5 years.- the program applies to ready-made real estate objects. In order to obtain a loan for housing under construction, it is necessary to obtain the prior approval of the bank issuing the loan.