News and articles
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Since the end of November 2021, the construction market started summing up some prospects for the year ahead. We’ll share some of this with you. In 11 months of 2021, 2,768,262 sales contracts were signed in Turkey. Almost 20 billion Turkish liras (TL) were received from taxes of renewing property rights. This was 19,544,422, 033 TL. There were...
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Many more foreigners are buying apartments and houses in Turkey. Developers hope that 2021 will be a record year for real estate sales to foreign investors. This is for good reason: the average cost of a house or apartment owned by foreigners has almost reached $0.2 million. A large reason for this was because buyers-residents of other countries...
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Coastal areas are popular but the country's major cities - apart from Istanbul and Antalya - also deserve attention as investment destinations as they have also shown impressive growth in housing costs over the past year, reducing the time spent on returns. Turk.Estate has already explained the construction industry of the real estate market and...
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When the national currency was unstable, Turkish developers depended on foreign buyers. Also, it’s been more profitable for foreigners to buy housing in Turkey because the dollar and euro exchange rates are growing. Turkish developers are also building many residential complexes based on what foreign investors want. But, first things first...
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ROI (the return of investment) is one of the most important indicators motivating foreign entrepreneurs to invest in real estate in Turkey. The local market offers a wide range of residential and commercial properties. Real estate in large cities and tourist areas is the most popular. A high profitability rate distinguishes them, and they...
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The vast majority of buyers purchasing real estate in Turkey are pensioners. Warm climate, picturesque nature and hospitable locals attract older people. This article will discuss what you need to obtain a visa if it is good to live in Turkey and what to do in retirement. Content: Are the borders open in Turkey? Healthcare for pensioners How...
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The process of purchasing real estate in Turkey is precise and clear. It is one of the most significant investments in life for many people. Buyers mostly pay for their chosen property for several years. Working with a specialist from a reliable agency will help the buyer to make the right choice and to avoid unnecessary spending. This article will...
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For investments in residential real estate to be profitable and pay for themselves as quickly as possible, keep in mind the characteristics (square footage, etc.) as well as the location. There are areas in Turkey where the property and different locations are rapidly becoming more expensive because of their proximity to different types of...
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In autumn, Turkish real estate market experts said that if someone was looking for housing, it was the best time to purchase. Even though there are new development projects, there still aren't as many as pre-pandemic. The cost of construction is getting higher and these extra expenses also fall on the shoulders of potential buyers. By winter, both...
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Although resorts along the Aegean coast have been a popular investment choice for almost 2 years, even surpassing Istanbul in price growth, Istanbul remains the most popular destination. Also, Istanbul has the most demand for rentals in all of Turkey. The metropolis - a financial, economic and tourist center – has a stable demand for rental...
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