News and articles
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On 26 February 2021, a tender will be held in Turkey for the right to implement Kartepe Teleferik- the cable car in Kocaeli. Tender organizer is the local municipality. The project is considered very promising; it is expected to contribute to Kocaeli transport structure development. The planned length of the cableway which will stretch between...
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Someone who wants to move to Turkey prefers not to buy propert but to rent - at least for that period, while they are choosing a city and region to their mind. This is especially important when you are moving as a family, and you have to choose a place of residence considering children health (https://turk...
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Mustafa Hakan Özelmacıklı, CEO of Altın Emlak, a real estate sales and rental company (a division of ALTIN Şirketler Grubu) has made an important statement recently regarding the number of compulsory earthquake insurances issued for houses. In November 2020 alone - after the notorious October events - 971,895 documents were issued. By the end of...
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The troublesome 2020 for the entire world economy allowed Turkey to perform a real economic miracle against the background of general stagnation. And the epicentre of the miracle was the construction and real estate sector. The first wave of the coronavirus pandemic literally stopped the housing market in the country. In the spring of 2020, no real...
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Last year's home sales in Turkey reached the level of 1,449,000 units sold, which is 11% or 150,587 units more than in 2019. From January to December 2020, mortgage sales of residential real estate in Turkey increased by 72.4% on an annualized basis (573,377 units sold on a mortgage) while direct sales (without mortgages) decreased by 8.9%...
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The end of the year is the time for summing up the results and making forecasts for the next year. Turkish real estate experts predict a further rise in prices for land, houses and apartments in Turkey and give reasons for this rise. Impact of the pandemic on the Turkish sector Emlak Kulisi, a construction and real estate newspaper in Turkey,...
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A mild climate, a wide selection of high-quality vegetables and fruits, clean sea, mountain air, and the opportunity to buy comfortable and affordable real estate in Turkey are huge advantages of this country. It's no wonder that a large number of foreigners dream of moving to this Mediterranean state permanently. Turk.Estate has found out what...
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The Anatolian region of Turkey is among the top five provinces where real estate prices have risen record high in 2020. The growth rate of apartment prices in Antalya in the first eleven months reached 48.57 percent. Property buyers are wondering if it is worth expecting a further rise in apartment prices in Antalya in 2021. Expert...
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Alanya, a small resort town on the Anatolian coast, has hit the absolute record for the rise in apartment prices in Turkey. According to the November 2020 house price index published by the Hürriyet Emlak newspaper, the rise in apartment prices in Alanya reached a record 85.32 percent! From November 2019 to November 2020, the average cost per...
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In November 2020, home sales in Turkey decreased by 18.7% compared to last year's November and amounted to 112,483 units. November sales leaders Istanbul remains the most popular city for real estate buyers in Turkey. In November, 21,158 residential properties were sold in Istanbul - 18.8% of the total monthly sales. Ankara was ranked the second...
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