News and articles
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Foreign nationals can visit Turkey whenever they want. Foreigners don’t need a visa to go to Turkey for a short stay (from 60 to 90 days). If they aren’t on holiday and need to stay longer, perhaps to buy property in Turkey, they’ll have to apply for a visa. Note. This article will outline the standard process to enter the country. We recommend...
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There are many ways to invest in real estate. One of them is buying an off-plan apartment in new buildings in Turkey. But, there are risks in this process. In this article, we’ll look at what these risks are and how to avoid them. Content: Features of buying an off-plan property Pitfalls of off-plan purchases How to choose a reliable property...
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Selling a house in Turkey and steadily rising prices for local real estate can bring an owner a good profit. Official data shows that the value of real estate has increased by over 50% in 2021. The growth prospects for 2022 are driving investors' interest. This makes purchasing a home to resell more appealing. Content: Prospects of the Turkish...
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New-build property in Turkey is a popular investment and attractive to people who want to buy a home overseas. For example, in 2022, you can buy a property under construction in Turkey (a 1 + 1 apartment in the rich Mahmutlar district in Alanya) for € 96 000. You can also buy a similar apartment in a completed housing complex for € 175 500. You can...
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Many more people are coming to Antalya and surrounding areas since international tourism resumed 2 years after the global pandemic. The great climate and comfortable local life convince many tourists to buy real estate in this province. The area offers resorts like Antalya, Alanya, Belek, Side, Kemer, plus several coastal villages. These are less...
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Turkish housing is in great demand among Russians. According to statistics, Russians made the third highest number of real estate purchases by foreign investors in 2021, only Iranians and Iraqis made more. Investors often acquire housing on the Mediterranean coast, not only to preserve their capital, but also to generate income from renting in...
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According to statistics, in the last year or two, housing prices in Turkey have been growing noticeably faster than the currency. The average annual increase in the value of real estate was as much as 78% in Antalya, 75% in Istanbul, 56% in Bursa, 55% in Izmir and 50% in Ankara. This has remained so even though Bursa and Ankara are far from the...
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A world leader in the real estate consulting services market recently published a report called the «Analysis of the Turkish market at the end of 2021». So, what’s been happening in recent months in the office, retail, industrial, logistics, residential, hotel, and student living sectors? Let’s look at some details. In the second and third...
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The prospects of investments in Turkish real estate and the payback period are influenced, among other things, by choosing the area well - not just the province or city. So, where were the most properties sold in 2021? Content: TOP 10 leaders More than 10,000 transactions Less than 1,000 transactions The most expensive districts in...
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The real estate market in Turkey has shown excellent results by the end of 2021. Turkish real estate was purchased more often by foreign buyers. The State Institute of Statistics has published a sales report: 58,500 properties were sold to foreigners over the past year. This is almost 2 times more than a year earlier. Experts predict an increase in...
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