Ankara – Muhasebe News

Do you know how many residences were sold in Turkey in 2016?

MuhasebeNews — Fri, 26 Oct 2018 08:00:35 +0000

In Turkey, 1.198.440 residences were sold in the first 11 months in 2016.

According to the statistics published after the research of General Directorate of Land Registers and done by Turkish Statistical Institute;

***1.198.440 residences were sold in the first 11 months in 2016 with reference to all of the cities in Turkey.

In Turkey, the three cities with the most residential sales for 2013-2014-2015 (for 12 months) and for 2016 (for the first 11 months) respectively;
-Istanbul is placed on the top with 907.291 sales,
-Ankara is ranked at the second place with 545.087 sales,
-Izmir is ranked at the third place with 294.337 sales.The three cities where the residential sales of 12 months of 2013-2014-2015 and the first 11 months of 2016 are stated below;
-Hakkari is the last place with 597 sales
-Ardahan is the second last place with 682 sales
-Şırnak is the third last place with 2.873 sales.

In general, the residential sale table of all the cities for 12 months of 2013-2014-2015 and the first 11 months of 2016 is presented below;Source: Turkish Statistical Institute – General Directorate of Land Registers
Date: 25 January 2017

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

How Many Companies were Established or Liquidated in May 2016- May 2017 in Turkey?

MuhasebeNews — Sat, 30 Sep 2017 09:00:38 +0000

The table below shows the companies that were established or liquidated in May 2016 and May 2017 on the basis of provinces in Turkey.

Source: The Union of Chambers and Commodity Exchanges of Turkey

Do You Know The Numbers Of Starting – Closing Companies Of 2016-2017 July On City Basis?

MuhasebeNews — Tue, 12 Sep 2017 12:45:08 +0000

The numbers and of types of Starting – Closing Companies of 2016-2017 July on city basis are shown on the table below:
According to the table;
1- City of İstanbul; The number of companies that were started in the year of 2016, the month of July was 1.177, this number has risen to 1.902 in 2017, July.
2- City of Ankara; The number of companies that were started in the year of 2016, the month of July was 332, this number has risen to 597 in 2017, July.
3- City of Izmir; The number of companies that were started in the year of 2016, the month of July was 176, this number has risen to 324 in 2017, July.

Source: Turkish Union of Chambers and Exchange Commodities

House Sales Statistics in Turkey, April 2017

MuhasebeNews — Thu, 01 Jun 2017 08:18:27 +0000

In April 2017, 114 446 houses were sold in Turkey
In Turkey, house sales increased by 7.6% in April 2017 compared to the same month of the previous year and hence, became 114 446. For the house sales of April 2017, İstanbul had the highest share of house sales with 17.5% and 20 066 sold house. The followers of İstanbul were Ankara with 13 364 house sales and 11.7% and İzmir 7 170 house sales and 6.3%. The least house sold provinces were Hakkari with 4 house sales, Ardahan with 8 house sales, Şırnak with 18 house sales.

Number of house sales, 2016-2017
In April 2017, 43 334 ownership of the houses changed by mortgage sales
The mortgaged house sales throughout Turkey became 43 334 by increasing 29.6% compared to the same month of the previous year. House sales with mortgage had a 37.9% share of all house sales in Turkey. Most of house sales with mortgage was in İstanbul with 8 546 sales. İstanbul was the first province in Turkey ranking that has most house sales with mortgage share with 19.7%. Mortgaged house sales had the highest share in Ardahan with 87.5% of all house sales.

Ownership of 71 112 houses changed by other sales
Other house sales in Turkey became 71 112 by decreasing 2.5% compared to the same month of the previous year. In the other sales, İstanbul was the first province with 11 520 sales and 16.2% share. Other house sales had 57.4% share of all house sales in İstanbul. Ankara was the second province with 8 047 sales. Ankara was followed by İzmir with 4 149 sales. The least other house sales was realized in Ardahan with 1 house sales.

House sales by type of sales, April 2017

House sales by state of sales, April 2017

In house sales, 51 988 of houses were sold for the first time
First house sales in Turkey became 51 988 by increasing 10.8% compared to the same month of the previous year. First house sales had 45.4% share of all house sales in Turkey. The most first house sales was in İstanbul with 9 380 sales. İstanbul was the first province in Turkey ranking that had most first house sales share with 18%. The followers of İstanbul were Ankara with 5 206 house sales and İzmir with 2 872 house sales.

Ownership of 62 458 houses changed by second hand sales
Second hand house sales in Turkey became 62 458 by increasing 5.1% compared to the same month of the previous year. In the second hand sales, İstanbul was the first province again with 10 686 sales and 17.1% share. Share of the second hand sales was 53.3% in İstanbul in total house sales. Ankara was the second province with 8 158 sales and Ankara was followed by İzmir with 4 298 sales.

In April 2017, 1 624 houses were sold to foreigners
In house sales to foreigners became 1 624 by increasing 2.7% compared to the same month of the previous year. İstanbul was the first province with 571 sales in April 2017. The followers of İstanbul were Antalya with 385 house sales, Bursa with 109 house sales, Trabzon with 97 house sales, Yalova with 69 house sales and Ankara with 65 house sales.

Most house sales were made to Iraqi citizens according to country nationalities
Iraqi citizens bought 245 houses from Turkey in April. The followers of Iraq were Saudi Arabia with 185 house sales, Kuwait with 169 house sales, Russia with 99 house sales and Afghanistan with 81 house sales.

Building Permits in Turkey, January-March, 2017

MuhasebeNews — Wed, 31 May 2017 10:25:32 +0000

Floor area of buildings given Construction Permits decreased by 17.2%
In the first three months of 2017 compared with the previous year, number of buildings, floor area of buildings, value of buildings and number of dwelling units decreased by 15.0%, 17.2%, 3.6% and 11.6% respectively according to the Construction Permits given by municipalities to the buildings.

Buildings given Construction Permits in the total of January-March 2017;

Total floor area of buildings realized as 45.0 million m² and 25.4 million m² of it realized as residential building, 10.0 million m² of it realized as nonresidential building and 9.6 million m² of it realized as common used area.

According to the use of building, two and more dwelling residential buildings had the highest share with 34.6 million m². It was followed by public entertainment, education, hospital or institutional care buildings with 2.5 million m².

According to the type of investor, private sector had the highest share with 37.7 million m². It was followed by public sector with 6.8 million m² and construction cooperatives with 592 thousand m²respectively. According to the number of dwelling units, from total 228 thousand 918 dwellings, 210 thousand 881 of it was taken by private sector, 16 thousand 458 of it was taken by public sector and thousand 579 of it was taken by construction cooperatives.

According to the provinces, İstanbul had the highest share with 9.3 million m². It was followed by Ankara with 4.7 million m² and İzmir with 2.2 million m² respectively. The provinces which had the lowest floor area were Muş, Bayburt and Bitlis respectively.

According to the dwelling units, İstanbul had the highest share with 53 thousand 554 dwelling units. It was followed by Ankara with 16 thousand 352 dwelling units and İzmir with 14 thousand 247 dwelling units respectively. The provinces which had the lowest dwelling units were Muş, Hakkari and Bayburt respectively.

Floor area of buildings given Occupancy Permits increased by 22.0%
In the first three months of 2017 compared with the previous year, number of buildings, floor area of buildings, value of buildings and number of dwelling units increased by 8.7%, 22.0%, 42.2% and 17.9%
respectively according to the Occupancy Permits given by municipalities to the buildings.

Buildings given Occupancy Permits in the total of January-March 2017;

Total floor area of buildings realized as 39.3 million m² and 22.1 million m² of it realized as residential building, 9.1 million m² of it realized as nonresidential building and 8.1 million m² of it realized as common used area.

According to the use of building, two and more dwelling residential buildings had the highest share with 28.7 million m². It was followed by public entertainment, education, hospital or institutional care buildings with 2.6 million m².

According to the type of investor, private sector had the highest share with 32.5 million m². It was followed by public sector with 5.8 million m² and construction cooperatives with 979 thousand m²respectively. According to the number of dwelling units, from total 194 thousand 36 dwellings, 175 thousand 7 of it was taken by private sector, 14 thousand 910 of it was taken by public sector and 4 thousand 119 of it was taken by construction cooperatives.

According to the provinces, İstanbul had the highest share with 7.9 million m². It was followed by Ankara with 4.0 million m² and İzmir with 2.3 million m² respectively. The provinces which had the lowest floor area were Bayburt, Gümüşhane and Şırnak, respectively.

According to the dwelling units, İstanbul had the highest share with 44 thousand 3 dwelling units. It was followed by Ankara with 17 thousand 336 dwelling units and İzmir with 11 thousand 557 dwelling units respectively. The provinces which had the lowest dwelling units were Bayburt, Hakkari and Ağrı, respectively.

How Many Companies were Established or Liquidated in March 2016- March 2017 in Turkey?

MuhasebeNews — Thu, 27 Apr 2017 13:58:01 +0000

The table below shows the companies that were established or liquidated in March 2016 and March 2017 on the basis of provinces in Turkey.

Source: Turkish Union of Chambers and Commodity Exchanges

House Sales Statistics in Turkey, March 2017

MuhasebeNews — Wed, 26 Apr 2017 07:49:07 +0000

In March 2017, 128 923 houses were sold in Turkey
In Turkey, house sales increased by 10% in March 2017 compared to the same month of the previous year and hence, became 128 923. For the house sales of March 2017, İstanbul had the highest share of house sales with 17.4% and 22 443 sold house. The followers of İstanbul were Ankara with 15 004 house sales and 11.6% and İzmir 8 059 house sales and 6.3%. The least house sold provinces were Hakkari with 8 house sales, Ardahan with 12 house sales, Bayburt with 39 house sales.

Number of house sales, 2016-2017

In March 2017, 50 424 ownership of the houses changed by mortgage sales

The mortaged house sales throughout Turkey became 50 424 by increasing 29.9% compared to the same month of the previous year. House sales with mortgage had a 39.1% share of all house sales in Turkey. Most of house sales with mortgage was in İstanbul with 9 661 sales. İstanbul was the first province in Turkey ranking that has most house sales with mortgage share with 19.2%. Mortgaged house sales had the highest share in Artvin with 59.1% of all house sales.

Ownership of 78 499 houses changed by other sales
Other house sales in Turkey became 78 499 by increasing 0.1% compared to the same month of the previous year. In the other sales, İstanbul was the first province with 12 782 sales and 16.3% share. Other house sales had 57% share of all house sales in İstanbul. Ankara was the second province with 8 525 sales. Ankara was followed by İzmir with 4 667 sales. The least other house sales was realized in Hakkari and Ardahan with 5 house sales.

House sales by type of sales, March 2017

House sales by state of sales, March 2017

In house sales, 56 376 of houses were sold for the first time
First house sales in Turkey became 56 376 by increasing 7.6% compared to the same month of the previous year. First house sales had 43.7% share of all house sales in Turkey. The most first house sales was in İstanbul with 9 972 sales. İstanbul was the first province in Turkey ranking that had most first house sales share with 17.7%. The followers of İstanbul were Ankara with 5 355 house sales and İzmir with 3 117 house sales.

Ownership of 72 547 houses changed by second hand sales
Second hand house sales in Turkey became 72 547 by increasing 11.9% compared to the same month of the previous year. In the second hand sales, İstanbul was the first province again with 12 471 sales and 17.2% share. Share of the second hand sales was 55.6% in İstanbul in total house sales. Ankara was the second province with 9 649 sales and Ankara was followed by İzmir with 4 942 sales.

In March 2017, 1 578 houses were sold to foreigners
In house sales to foreigners became 1 578 by decreasing 1.1% compared to the same month of the previous year. İstanbul was the first province with 579 sales in March 2017. The followers of İstanbul were Antalya with 313 house sales, Bursa with 124 house sales, Yalova with 88 house sales, Sakarya with 80 house sales and Ankara with 73 house sales.

Most house sales were made to Iraqi citizens according to country nationalities
Iraqi citizens bought 323 houses from Turkey in March. The followers of Iraq were Saudi Arabia with 148 house sales, Kuwait with 139 house sales, Russia with 115 house sales and Afghanistan with 112 house sales.

Getting a Certificate of Residence in Turkey

MuhasebeNews — Mon, 03 Apr 2017 06:40:40 +0000

Certificate of residence is an evidentiary formal document of full tax liability in the residing country of an individual or a legal entity.

The provisions of Double Taxation Agreements (DTA) are applied to the residents of the contracting countries. Individuals or legal entities who want to benefit from the agreements may request a certificate of residence showing that they are full liable taxpayers from the competent authority of the country in which they are resident.

In this scope; certificate of residence is obtained by residents in Turkey (taxpayers with a full tax liability) who derive income from a party country to a Turkey’s applicable DTA in order to be taxed according to provisions of the related agreement.

– If you are a foreign individual who is a resident of Turkey;

You may get your certificate of residence by applying to The Presidency of Turkish Revenue Administration Department of European Union and Foreign Affairs with a petition, questionnaire for foreigners and your domicile certificate or a copy of your work permit certificate. (If you apply for the certificate to submit to the competent authority of Azerbaijan, in addition to the documents above, you have to submit the DTA forms (5 forms) which can be obtained from Ministry of Taxes of Republic of Azerbaijan or web site of the Ministry “www.taxes.gov.az” filled in except for the part F.

– If you are a legal entity,

You may get your certificate of residence by applying with a petition to

*Large Tax Payers Office Directorate if you are a taxpayer of this department,
*The Tax Office Directorate of Ankara, Antalya, Bursa, İstanbul, İzmir, Kocaeli, Trabzon if you are a taxpayer of these Directorates.
*The Presidency of Turkish Revenue Administration Revenue Administration Department of European Union and Foreign Affairs if you are not one of the above mentioned taxpayers or you apply for the certificate to submit to the competent authority of Austria, Switzerland and Saudi Arabia.

Your application will be evaluated by the competent authority and your certificate of residence will be sent to your address by post if approved.

Building Permits in Turkey, January-December, 2016

MuhasebeNews — Sat, 01 Apr 2017 10:00:50 +0000

Floor area of buildings given construction permits increased by 7.3%
In 2016 compared with the previous year, number of buildings, floor area of buildings, value of buildings and number of dwelling units increased by 5.5%, 7.3%, 15.4% and 10.6% respectively according to the construction permits given by municipalities.

Total floor area of buildings given construction permits in 2016 realized as 202.3 million m² and 112.8 million m² of it realized as residential building, 48.2 million m² of it realized as nonresidential building and 41.3 million m² of it realized as common used area.

According to the use of building, two and more dwelling residential buildings had the highest share with 150.9 million m². It was followed by public entertainment, education, hospital or institutional care buildings with 11.5 million m².

According to the type of investor, private sector had the highest share with 169.9 million m². It was followed by public sector with 29.0 million m² and construction cooperatives with 3.4 million m²respectively. According to the number of dwelling units, from total 986 thousand 119 dwellings, 908 thousand 687 of it was taken by private sector, 64 thousand 604 of it was taken by public sector and 12 thousand 828 of it was taken by construction cooperatives.

According to the total floor area of buildings, İstanbul had the highest share with 38.9 million m². It was followed by Ankara with 17.7 million m² and İzmir with 9.2 million m² respectively. The provinces which had the lowest floor area were Hakkari, Ardahan and Şırnak respectively.

According to the dwelling units, İstanbul had the highest share with 213 thousand 526 units. It was followed by Ankara with 67 thousand 514 units and İzmir with 50 thousand 367 units respectively. The provinces which had the lowest dwelling units were Hakkari, Şırnak and Bayburt respectively.

Floor area of buildings given occupancy permits increased by 5.1%
In 2016 compared with the previous year, number of buildings, floor area of buildings, value of buildings and the number of dwelling units increased by 0.3%, 5.1%, 14.2% and 2.5% respectively according to the occupancy permits given by municipalities.

Total floor area of buildings given occupancy permits in 2016 realized as 150.3 million m² and 86.1 million m² of it realized as residential building, 36.0 million m² of it realized as nonresidential building and 28.2 million m² of it realized as common used area.

According to the use of building, two and more dwelling residential buildings had the highest share with 110.4 million m². It was followed by wholesale and retail trade buildings with 8.7 million m².

According to the type of investor, private sector had the highest share with 130.1 million m². It was followed by public sector with 16.2 million m² and construction cooperatives with 3.9 million m²respectively. According to the number of dwelling units, from total 750 thousand 336 dwellings, 683 thousand 642 of it was taken by private sector, 47 thousand 612 of it was taken by public sector and 19 thousand 82 of it was taken by construction cooperatives.

According to the total floor area of buildings, İstanbul had the highest share with 28.1 million m². It was followed by Ankara with 13.4 million m² and İzmir with 8.7 million m² respectively. The provinces which had the lowest floor area were Ardahan, Hakkari and Bayburt respectively.

According to the dwelling units, İstanbul had the highest share with 158 thousand 709 units. It was followed by Ankara with 59 thousand 352 units and İzmir with 47 thousand 35 units respectively. The provinces which had the lowest dwelling units were Ardahan, Şırnak and Hakkari respectively.

House Sales Statistics in Turkey, February 2017

MuhasebeNews — Tue, 28 Mar 2017 07:39:23 +0000

In February 2017, 101 468 houses were sold in Turkey
In Turkey, house sales decreased by 0.2% in February 2017 compared to the same month of the previous year and hence, became 101 468. For the house sales of February 2017, İstanbul had the highest share of house sales with 17.5% and 17 783 sold house. The followers of Istanbul were Ankara with 11 274 house sales and 11.1% and İzmir 6 290 house sales and 6.2%. The least house sold provinces were Hakkari with 4 house sales, Ardahan with 7 house sales, Şırnak with 27 house sales.

Number of house sales, 2016-2017
In February 2017, 38 676 ownership of the houses changed by mortgage sales
The mortaged house sales throughout Turkey became 38 676 by increasing 27% compared to the same month of the previous year. House sales with mortgage had a 38.1% share of all house sales in Turkey. Most of house sales with mortgage was in İstanbul with 7 247 sales. İstanbul was the first province in Turkey ranking that has most house sales with mortgage share with 18.7%. Mortgaged house sales had the highest share in Artvin with 58.3% of all house sales.

Ownership of 62 792 houses changed by other sales
Other house sales in Turkey became 62 792 by decreasing 11.9% compared to the same month of the previous year. In the other sales, İstanbul was the first province with 10 536 sales and 16.8% share. Other house sales had 59.2% share of all house sales in İstanbul. Ankara was the second province with 6 331 sales. Ankara was followed by İzmir with 3 696 sales. The least other house sales was realized in Hakkari with 4 house sales.

House sales by type of sales, February 2017

House sales by state of sales, February 2017

In house sales, 45 215 of houses were sold for the first time
First house sales in Turkey became 45 215 by decreasing 4.6% compared to the same month of the previous year. First house sales had 44.6% share of all house sales in Turkey. The most first house sales was in İstanbul with 8 514 sales. İstanbul was the first province in Turkey ranking that had most first house sales share with 18.8%. The followers of İstanbul were Ankara with 3 948 house sales and İzmir with 2 539 house sales.

Ownership of 56 253 houses changed by second hand sales
Second hand house sales in Turkey became 56 253 by increasing 3.6% compared to the same month of the previous year. In the second hand sales, İstanbul was the first province again with 9 269 sales and 16.5% share. Share of the second hand sales was 52.1% in İstanbul in total house sales. Ankara was the second province with 7 326 sales and Ankara was followed by İzmir with 3 751 sales.

In February 2017, 1 306 houses were sold to foreigners
In house sales to foreigners became 1 306 by decreasing 17.6% compared to the same month of the previous year. İstanbul was the first province with 458 sales in February 2017. The followers of İstanbul were Antalya with 279 house sales, Bursa with 119 house sales, Yalova with 62 house sales, Ankara with 59 house sales and Trabzon with 44 house sales.

Most house sales were made to Iraqi citizens according to country nationalities
Iraqi citizens bought 282 houses from Turkey in February. The followers of Iraq were Saudi Arabia with 143 house sales, Kuwait with 114 house sales, Afghanistan with 81 house sales and Russia with 77 house sales.