News and articles
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After the coronavirus pandemic, the demand for detached villas with a garden or country houses with a backyard continues to grow in Turkey. This type of housing, worth from €250,000 to 320,000 (2-2.5 million liras), is being sold very quickly, according to the real estate newspaper Emlak Kulisi. The most popular Turkish city in terms of buying...
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What is happening with the Turkish real estate market? The top property news in English on Turk.Estate. Istanbul has become the city with the largest number of real estate sales in Turkey (95,271 units) in six months. Ankara took the second place (64,052 units). What districts do buyers of apartments in Istanbul and Ankara most often invest...
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Gulshen (a popular Turkish singer and song-writer with more than 200 million views on YouTube) bought a villa in the vicinity of Bodrum. Gulshen has been planning to buy property by the sea for a long time. Arriving with her family in Bodrum, the most fashionable and prestigious resort city in Turkey, the pop diva viewed luxury houses on the coast...
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The most popular cities among property buyers in Turkey in the first half of 2020 were the largest cities: Istanbul, Ankara and Izmir. In June, 28,799 properties (15.2 percent of total June sales in the country) were sold in Istanbul (record of the month for sales of apartments and houses), in Ankara - 21,915 properties (11.5 percent of June...
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The demand for new and under construction apartments continues to grow in Turkey. While the number of homebuyers is growing (thanks to the new mortgage campaign), the number of tenants of real estate in Turkey continues to decline due to the coronavirus pandemic. However, while apartment rentals in Turkey are becoming less popular, the popularity...
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Working in Turkey in 2020 is not only about hotel vacancies and seasonal jobs in the tourism business. The country's economy is actively developing, even despite the coronavirus pandemic. Turkey is constantly (and increasingly) in need of qualified personnel, so Turkish companies are willing to hire specialists from different countries. What does...
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Within the first six months in 2020, the percentage of Chinese among foreign homebuyers in Turkey increased significantly. If earlier (in the last three years) Chinese residents hadn't even reached the top twenty foreign buyers of Turkish housing, while this year they were (the first half of the year) in the eighth place. The Turkish real estate...
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The number of people choosing Turkey for relocation is growing every year. The Turkish Statistical Institute (TUIK) released a report on international migration for the last year. According to the published data, 677,042 foreigners moved to Turkey for permanent residence in 2019 (17.2 percent more than a year earlier). Nationals of foreign...
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The Turkish Statistics Institute (TUIK) has released data on real estate sales for the first half of 2020. Compared to the period from January to June 2019, the number of transactions with residential real estate increased by 23.5 percent and amounted to 624,374 objects. The share of mortgage sales reached 43 percent and this figure continues to...
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The Turkish housing market is experiencing its busiest days since the coronavirus pandemic. According to real estate reports, June apartment sales in Turkey increased by 209.7 percent compared to the same period last year, and the average cost of housing reached 313,986 lira (40,000 euros). In total, in June 2020, more than 190 thousand residential...
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