contents page part i istanbul the city 3 ii turkish economy 5 country and political situation 7 iii overall real estate market of 9 iv office 10 a cbd b west end european c suburban asian 11 v retail 12 vi industrial 13 vii residential 14 investment 15 ix hotel 16 x forecast 17 rates in 18 xi legislation 19 property taxes 20 transfer tax capital gains depreciation 21 rental income government municipal sponsors for further information about summit please visit http www bluechip com tr gyoderprgen htm submit2 program prepared by kuzeybati worldwide services greater is one most crowded cities world metropolitan consists 32 counties 1 municipality located on 2 continents asia europe s busiest straits bosphorus separates two this strait very busy