News and articles
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In Turkey, land plots and detached houses in the secluded areas continue to rise in price. How long will the rise in price last? Is it profitable to invest in real estate in Turkey right now or is it worth waiting for a price rollback? What about apartment prices? Check out these and other forecasts and the top news of the week on Turk.Estate...
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In Bursa, the fourth largest Turkish city, the restoration of the Demirtaspasa quarter (Bursa Demirtaşpaşa Konakları), which is also known an open-air museum, is being completed. The old quarter consists of three historical properties in Turkey - mansions belonging to the architectural heritage of Bursa. The mansions are adjacent to the ancient...
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The average property prices per square meter in the Turkish capital have exceeded 2,000 TL (€213) for two years in a row. Apartments in Ankara were rising in price for 15 months in a row, reaching their highest level at the end of August 2020. The average cost per square meter in Ankara increased by 19.8 percent in 8 months and amounted to...
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Taksim Square in Istanbul may become a park. These days, the municipality is voting for a new design of the famous tourist spot in the central part of Istanbul. The city residents will also be able to take part in the discussion of the IMM project and the Istanbul Planning Agency (IPA). Three versions of the design project, submitted to the vote,...
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The average housing cost per square meter in Istanbul has increased (from the end of August 2019 to the end of August 2020) by more than 1,000 TL over the year. These figures have been published by Emlak Kulisi, the construction and real estate newspaper in Turkey. The property prices growth stats for apartments in Istanbul are as follows: in...
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A couple of years ago, the authorities of the Republic of Turkey lowered the investment threshold for those who want to obtain citizenship under the golden passports program in the third quarter of 2018. Since then, foreign buyers of real estate have had a unique opportunity to become citizens of the country ahead of time for a little amount of...
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Although the rise in property prices in Turkey continues to be observed in the autumn 2020, the average property cost per square meter reached a historical maximum - 3530 TL (about €380) in August 2020 according to Emlak Kulisi, a construction and real estate newspaper in Turkey. The national average cost of a square meter was declining for 5...
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The cost of industrial land per square meter has increased by 50 percent in Turkey. These figures have been published by Emlak Kulisi, the construction and real estate newspaper in Turkey. According to the newspaper, the demand for industrial land and buildings increased in September 2020 by 45 percent compared to last year's September and by 71...
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The Chinese have set a kind of record for buying houses and apartments in Turkey. While earlier, until 2020, Chinese nationals were very rarely among the top twenty buyers of Turkish housing (the number of apartments purchased by the Chinese was calculated in only dozens per year), then in 2019-2020 the situation changed. In the first nine months...
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Turkey's real estate sector is moving into the future. The foundation of the country's first development project capable of generating electricity for its facilities and residents was has been laid in the city of Enisehir, Mersin province. This is reported by the Emlak Kulisi construction and real estate newspaper in Turkey. The Solaris project...
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