News and articles
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Home sales in Turkey decreased in September 2020 by 6.9 percent compared to the same month last year and amounted to 136,744 objects. If we consider the results of the first nine months of 2020, then sales increased by 34.2 percent and amounted to almost 1.2 million housing units. Experts expect 1.4 million apartments and houses to be sold by the...
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The construction sector in Turkey is the only industry that is currently increasing the number of employees in the context of the coronavirus pandemic. According to the Turkish Statistical Institute (TUIK), as of July 2020, the number of people employed in the construction sector increased by 114,000 people (or 7.3 percent excluding seasonal...
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Foreigners again began to actively buy houses and apartments in Turkey. Market experts attribute the fall growth in demand to the fact that many foreigners, for example the Middle East, are eager to move to Turkey, at least for the new outbreak of coronavirus. What happened in the Turkish housing market this week? The top property news in English...
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Stocks of houses and apartments in Turkey are running low and it is highly likely that there will be nothing to sell. This was told by Altan Elmas, Chairman of the Board of the Association of Developers and Investors of Housing Construction of Turkey (Konutder). Konutder is a non-governmental organization that includes Turkish contractors that...
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September sales of houses and apartments in Turkey decreased by 6.9 percent compared to the last year's stats and amounted to 136,744 objects. Where was the most housing sold in September 2020? The largest number of sales has been traditionally recorded in Istanbul: 18.6 percent or 25,399 objects. The second place continues to be held by the...
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Russian buyers of real estate in Turkey ranked third among foreigners investing in Turkish apartments the most in 2020. So for the first nine months in 2020, Russians purchased 1,895 housing objects in Turkey, 448 of this number fell on the September sales. Which countries are most likely to invest in Turkish property? The first place is taken by...
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Foreign buyers of houses and apartments in Turkey love Istanbul and this is the most popular destination for buying property. In the first nine months of 2020, foreigners bought 11,966 housing objects in Istanbul. The September total (2,370 properties) became the highest monthly sales indicator for the entire 2020. Antalya became the second most...
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Despite the restrictions associated with the coronavirus pandemic, which has affected the whole world, sales of houses and apartments in Turkey to foreigners have increased for five months in a row. According to the Anadolu news agency, in March 2020 home sales to foreigners began to decline and by April reached the lowest level in the last seven...
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A report on the state of the construction industry in Turkey has been published: the sector that has gone through a very difficult period due to the coronavirus pandemic is now under pressure from rapidly growing costs. An increase in the exchange rate is also becoming a negative factor for the industry, which is reflected in the cost of imported...
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The coronavirus pandemic continues to affect the preferences of property buyers in Turkey. Today, the greatest demand is for houses with a garden, spacious duplex apartments and, most of all, housing with large balconies. According to Emlak Kulisi, a specialized publication on construction and real estate in Turkey, over the past six months, the...
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