Investment

US BUDGET PROVIDES A DEFICIT OF 129 BILLION DOLLARS IN DECEMBER 2023

The US federal government's budget deficit increased by 52 percent in December last year compared to the same month of the previous year, reaching 129 billion dollars. The US Treasury Department published the budget balance report for December 2023. Accordingly, the federal government's budget deficit was calculated as 129 billion dollars in the third month of the 2024 fiscal year, which started on...

KENTSEL DÖNÜŞÜMDE KİRA DESTEĞİ ARTTIRILDI

Çevre, Şehircilik ve İklim Değişikliği Bakanlığı, kentsel dönüşümde verilen kira desteklerini güncelledi. Kira destekleri İstanbul'da 5 bin 500 liraya, Ankara, Antalya, Bursa ve İzmir'de 4 bin 500 liraya, diğer büyükşehirlerde 3 bin 750 liraya, diğer şehirlerde ise 3 bin liraya yükseltildi. Kentsel dönüşümde 2024 yılı için verilecek kira destekleri belirlendi. Çevre,...

She’s 16. The war in Ukraine wrecked her city — and her childhood.

By Lizzie Johnson and Kamila Hrabchuk IZYUM, Ukraine — Newly 16, she likes to walk alone, hands shoved in pockets, music loud in her ears, for mile after mile. If Kate Kobets walks far enough, she can escape into her own world. It is a place where her childhood hasn’t been destroyed — her home loud with war, her soldier stepfather locked away as a Russian prisoner of war, she and her mom...

TİVAT AIRPORT/ MONTENEGRO

Tivat airport is located right next to the city of Tivat, 8 km (5 miles) from the center of Kotor and 20 km (12 miles) northwest of Budva, one of the most popular tourist destinations on the eastern Adriatic coast. The airport's single runway ends just 88 m (289 ft) from the Bay of Kotor coastline. Tivat Airport has been classified 4D by ICAO airspace class D and is notable for its difficult approach...

73.972 VILLAGE HOUSES TO BE BUILT IN THE EARTHQUAKE REGION

Environment, Urbanization and Climate Change Minister Murat Kurum announced that 73 thousand 972 village houses will be built in the earthquake zone. In his statement on his social media account, the Minister Kurum said, "We will build our homes that are safe, healthy and suitable for the region with their barn, garden and unique architecture." According to the data in the image shared by the...

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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