News and articles
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A strong earthquake that struck on the afternoon of October 30 and destroyed several settlements in Izmir province influenced the preferences of property buyers in Turkey. Now those looking to buy a house or apartment in Istanbul or in other cities where there is a risk of strong seismic shocks are considering earthquake-resistent options. Emlak...
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In his speech to the people after the meeting of the Turkish Cabinet of Ministers (which took place today at the Presidential Palace), Erdogan noted the successful results of the construction and real estate industry in Turkey. According to the president, in the first nine months of 2020, sales of houses and apartments in Turkey reached 1.2 million...
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How are the Turkish authorities dealing with the earthquakes risks? Turkey is always working on urban transformation - entire city districts have been renovated to make them more earthquake resistent. Instead of old, worn-out facades of houses, ultra-modern reinforced concrete structures are installed. In total, 6.7 million buildings in Turkey are...
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Demand for low-rise houses and villas in Izmir has skyrocketed since the devastating earthquake struck in the Turkish province of Izmir on October 30. Experts of the Turkish real estate market note that some properties have been rising in price by 150,000 TL a day: today a villa costs 850,000 TL, the next day - already 1 million TL. Houses built...
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The coronavirus pandemic has affected overseas home sales all over the world. Turkey, which has shown itself to be a safe country with a developed healthcare system, has become one of the leading countries in real estate sales to foreign investors. According to the Anadolu news agency, in the first nine months of 2020, sales of Turkish housing to...
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In the province of Izmir, apartment rent has risen in price. Experts of the Turkish real estate market associate this growth with the recent devastating earthquake. Turkish media and social media users are outraged about this: while rescuers are saving people trapped in the destroyed houses in Seferihisar, landlords are raising the rent (by...
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Experts of the Turkish real estate market recommend investing in land. Land plots are dynamically growing in price. Building plots have risen in price on average by 21 percent over the year throughout the country, farming plots - by 25 percent, industrial plots - by a record 50 percent. The online real estate appraisal platform Endeksacom...
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According to the Turkish real estate report published last week, it is most profitable to invest these days in apartments by the sea and land plots. These and other forecasts and top news of the week on Turk.Estate. The cost of land in Turkey is growing dynamically, market experts predict that it will grow for at least the entire 2021 year. In...
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One of the most interesting historical properties on the Bosphorus (and one of the most valuable properties in Istanbul), Les Ottomans Hotel is up for sale again. The historic hotel, which hosts important social events in Istanbul and hosts world celebrities, has been in court proceedings for a long time and has been put up for sale and removed...
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Turkish nationals are moving to the coasts of the Mediterranean and Aegean Sea because of the coronavirus pandemic. Izmir became the leader in the growth of sales of villas and apartments by the sea in Turkey. The most popular Turkish online newspaper, Yeni Asır, says that the mortgage campaign has led to a rise in prices per square meter. Izmir...
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