News and articles
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Speaking on August 19 at a meeting of mayors belonging to the ruling party, Turkish President Recep Tayyip Erdogan spoke about how Turkish cities will look and function in the near future. According to the president, infrastructure and transport problems will be solved in all cities, and every city will have unique urban planning, which will take...
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Residential property prices continue to considerably rise in Turkey, with the highest growth rate in July recorded in the provinces of Antalya (30.67 percent), Sanlıurfa (28.88 percent) and Gaziantep (24.17 percent). The TOP-10 provinces, where housing prices rose the most, also included: Adana, Konya and Izmir, Ankara, Bursa, Istanbul and Kocaeli....
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The coronavirus pandemic has added investment attractiveness to Turkish real estate. The excellent quality of construction and the dynamic rise in apartment prices are not the only reasons that make foreigners invest in real estate in Turkey. Turkey's transport accessibility has also become an important point for European countries and countries...
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The Turkish building materials market, the sector most affected by the pandemic, is recovering from the coronavirus pandemic. The Association of Turkish Building Materials Manufacturers (IMSAD) released industry data for July, showing that the impact of the pandemic continues to wane. The building materials market, which rebounded slightly in June...
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The Turkish Statistical Institute (TUIK) has published information on the record increase in apartment prices, which was observed in July 2020. According to the index, not only the record sales of real estate were observed in July, but also a significant increase in the prices of houses and apartments - on average, by 19.5 percent. In...
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Turkish Finance Minister Berat Albayrak assessed the interim results of the mortgage campaign that continues in Turkey. The minister thanked the country's banks in his blog for their invaluable contribution to the mortgage campaign and said that the construction market, which has activated 250 sectors of the Turkish economy, continues to grow....
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The statistics of home sales in Turkey in July 2020 have been published: 229,357 properties were sold throughout the country. Thus, July sales rose 124.3 percent compared to last year's July figures. Which cities have the highest number of property sales? Istanbul was the most popular destination among buyers of apartments in Turkey in July,...
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How many apartments did foreigners buy in Turkey in July 2020? According to the official statistics released today, sales of real estate in Turkey to foreigners in July decreased by 34.6 percent compared to July 2019. In July 2020, foreign residents bought 2,741 objects in different cities of Turkey. Almost a half (1,046 objects) were purchased in...
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The housing sales boom continues in Turkey. The June sales record (312,409 properties) was broken in July 2020: 365,179 properties were sold in Turkey during the second summer month. According to the results of the first seven months of 2020, the total number of housing sold reached 1,423,627 objects, and the total cost of transactions -...
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Turkish real estate remains in high demand among the residents of the country, however, the mortgage campaign has declined. Now, when Turkey has reopened regular flights with 48 countries, Turkish developers and agencies have high hopes for foreign buyers of apartments and villas. What's happening in the real estate market in Turkey? The top...
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