Sales

The Ministry of Tourism in Bulgaria has unveiled plans for significant reforms in the tender procedures for beach rentals across the country, aiming to enhance transparency and fairness in the process.

Supermarket executives expect the continuation of a decline in sales volume in the first half of 2024, reflecting the impact of price increases on demand, the Research Institute for Retail Consumer Goods (IELKA) said in a survey released on Tuesday.

Outrageous discounts are the first "mystery" in the Greek market, with supermarket chains successively advertising 50% off specific products. Are they selling below cost to drum up new custom? Probably, but then we see those same products going for half-price at every other supermarket. 

Plaisio Computers will not bid for the acquisition of electrical appliances and electronics retailer Kotsovolos, Kathimeini understands, leaving Quest Group as the only, non-binding, bidder so far. 

But, as Kotsovolos said in a statement Monday, "it is not certain that the process willl lead to a final agreement." 

Home sales are on track for a figure approaching 170,000 this year, meaning they will record the highest volume of sales since the late 2000s.

House sales to foreigners in Türkiye decreased by 27.0 percent in February compared to the same month last year, the Turkish Statistical Institute (TÜİK) announced on March 15.

A total of 3,350 houses were sold to foreigners last month, accounting for 4.2 percent of the country's total house sales of 80,031.

'Black Friday', the next retail sales, will take place on November 25 this year and will include major offers, market representatives said, who also welcomed the end of the interim sales that used to take place in the beginning of November.

Home sales rose by 107.5 percent in May from the same month of 2021, while house purchases by foreigners in Turkey increased by 236 percent, data from the Turkish Statistical Institute (TÜİK) showed.

A total of 122,768 houses were sold last month compared to 59,166 units that changed hands in May 2021 and 50,936 in the same month of 2020.

You can become the owner of online property if you've always desired to be one. These days, it's possible to develop virtual 'land' and turn it into anything you want. That's the power of digital real estate, which will allow you to generate passive income. Keep reading to find out what it's all about.

What Is Digital Real Estate? 

Turkey recorded 660,595 house sales in the January-July period, down 22.7 percent year-on-year, the country's statistical authority announced on Aug. 13.

class='cf'>

Istanbul had the highest share with 26,716 house sales, according to official figures announced by the Turkish Statistical Institute (TÜİK).