50 percent of Meydan Ardıçlı project sold to foreigners

The share of the foreign investor in the "Meydan Ardıçlı" project built by Özyurtlar Holding and Bahaş holding in the total sales was 50 percent.

According to the statement from Özyurtlar holding, Özyurtlar Holding, which owns 60 thousand people to date, and Bahaş Holding, which serves eight different sectors, built the "Meydan Ardıçlı" project on Doğan Araslı Boulevard, the most valuable area of Esenyurt, and completed the sale of 50 percent of the houses and 70 percent of the shops.

The foreign investor's share in the total sales was 50 percent in the project, which attracted intense interest from foreigners.

Özyurtlar-Bahaş Joint Venture Co-Chairman Tamer Özyurt stated that the first stage, with an investment value of TL 545 million, is planned to be delivered in the third quarter of 2019.

Stating that 65 percent of Meydan Ardıçlı was completed, Özyurt said, "Meydan Ardıçlı, which is built on 67 thousand square meters of land and consists of 27 blocks in total, houses 683 residential units and 126 commercial units in total. 1+0, 1+1, 2+1, 3,5+1 and while there are no 3+1 and 4+1 apartments as usual in the Meydan Ardıçlı project, which offers five different apartment options including 4.5+1, residences with extra six square meters are becoming much more useful. The project is being built in blocks suitable for horizontal architecture ranging from two to seven storeys., "he said.

- "The citizenship arrangement made a significant contribution"

Özyurt stated that the sale of 50 percent of the houses in the project was completed and that foreign interest in the project was intense.

Özyurt said: "in our project, which we will start deliveries in the third quarter of 2019, 50 percent of the residences and 70 percent of the commercial areas have been sold.

There is also intense interest in the project from foreign investors. Foreigners make up 50 percent of the total sales. Foreigners bought both housing and shops. The citizenship arrangement also made a very serious contribution to commercial purchases. The arrangement prompted foreign investors to buy commercial property as well as housing. Thus, foreigners began to invest in commercial property as well as housing., "he said.

- "Continuous incentives increase sales"

This year, started projects completed and companies focused on sales is a year that draws attention to Özyurt, said::

He said: "this trend continued in the first three quarters of 2018 as home sales began to fall along with the last quarter of last year. However, we can say that the sector has entered a recovery process. We expect support for the construction sector to increase as growth continues. We know that a number of studies have been done, but the continuous promotion of incentives and supports creates a significant increase in momentum. 30,431 housing sales made to foreigners in 10 months of the year. November and December to us in total 9 thousand units of a sale in the event of a, The Foreigner's annual residential sales figure 40 thousand shows that you can reach."