News and articles
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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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Alanya is a charming resort town on the shores of the Mediterranean Sea with a population of almost 350,000 people. Expats or foreigners who are buying a holiday property in the province of Antalya most often choose Alanya. According to the data for 2019, almost 30,000 expats (9.5 percent of the total population) live in Alanya. Buyers of...
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Large investment and construction companies in Turkey are increasingly moving to Europe. We have already talked about the fact that Turkish developers working abroad have to look for new markets today. The internal problems in Russia, the Middle East and North African countries, with which contractors from Turkey have worked so far, forced...
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These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. The coronavirus pandemic has changed investor preferences - from February to August 2020, Turkey has seen a dynamic growth in demand for land (by 28 percent) and, as a result, an increase in land prices (up to 400 percent in six months). In May 2020, the...
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