News and articles
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July mortgage sales of houses and apartments in Istanbul have reached the highest level in recent years. The Istanbul Municipal Bureau of Statistics (IBB) has published data showing that mortgage sales in July 2020 increased tenfold and sales of secondary housing - by 174 percent. In July, a total of 39,432 housing units were sold in the...
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The TOP-10 countries whose residents most often invested in commercial real estate in Turkey in the first half of 2020 included: Jordan, Egypt, Palestine, Saudi Arabia, Afghanistan, Iraq, Dominican Republic, Qatar, Iran and Germany. The TOP-10 countries, whose citizens most often invested in Turkish housing in the first half of 2020, included:...
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In July 2020, 26,885 residential properties were sold in Ankara - 11.7 percent of the total number of all July real estate sales in Turkey. The capital of the country became the second city after Istanbul with the highest home sales in July, the vast majority of buyers were Turkish residents (with the exception of 101 foreigners who bought property...
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Turkey's property for sale continues to rise in price, and the construction sector - to get through the consequences of the pandemic. What's happening in the real estate market in Turkey? Is it worth investing now? The top property news in English on Turk.Estate. In July 2020, Turkey set a historic record for apartment and house sales. This...
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Home sales in Turkey to foreigners amounted to 2,741 objects in July 2020 - 34.6 percent less than in July last year. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. The largest number of foreign buyers in July are nationals of Iran. What cities and provinces were the most popular? Istanbul became...
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By 2023, 39 new shopping centers will have been launched in Turkey. This news has been announced by Doctor of Science, Professor Husein Altash, who heads the Association of Shopping Centers and Investors of Turkey (AYD). Now there are 436 shopping centers in the Republic, and by 2023 there will be 475 of them. The flow of investments in this area...
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Developers and real estate agencies in Turkey expect an increase in the interest of foreign investors in Turkish housing in the near future. The factors for this growth are the growth of foreign currency exchange rates and the attractiveness of Turkey's healthcare for foreigners, on the development of which the country spends huge budgets. Hakan...
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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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