Imtilak Real Estate opens its new office in Sakarya, special offers and prices on the occasion of the opening

Reducing the Istanbul Real Estate Prices in the Industrial Areas

The Minister of Finance, "Naji Igbal," giving a statement to journalists about the new regulations carried out by the government in regard to the industrial areas, the minister said that the facilities within these industrial areas will not pay the municipal tax from now on or later...

2,340
2017-06-12 Last update 2020-02-11

Reducing the Istanbul Real Estate Prices in the Industrial Areas

Reducing the Istanbul Real Estate Prices in the Industrial Areas
The Minister of Finance, "Naji Igbal," giving a statement to journalists about the new regulations carried out by the government in regard to the industrial areas, the minister said that the facilities within these industrial areas will not pay the municipal tax from now on or later.

The minister said that the Turkish economic sector has witnessed a remarkable growth despite many negative developments in the region in the past period, adding that the average economic growth in Turkey has reached about 6% despite these negative developments in the last period.

He stressed the necessity for continuous economic growth in Turkey at the same speed, and said that there are many duties on the government to ensure the continuation of economic development rapidly at the same pace.

He also said that the government was seeking to implement several reform packages and added that economic growth would grow rapidly through amendments to be made by the government.

The new legal package provides for the establishment of several industrial areas throughout Turkey with new incentives for investors to enter these industrial areas. The prices of properties within these industrial areas will be reduced, as well as exempting enterprises from municipal taxes in full.

More from Imtilak
In a decade: Turkish Real Estate Sales to Foreigners at their highest levels

In recent years, The Turkish Real Estate sales have set records in sales to foreigners in particular

2020-01-13
935
Exhibitions in Turkey for January 2020

Turkey's exhibitions for January 2020, the dates of their launch and end, the hosting cities, and their respective locat...

2020-01-13
1,543
Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them