News and articles
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In 2014, the Garden Club residential complex (Clubbahçe) was built in Adana, which has become a new landmark of the city. The authors of the apartment project on the bank of the Seyhan River designed an unusual facade solution. The ten-storey residential complex with 22 luxury apartments is entwined with vines and decorative ivy. Located on the...
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In Turkey, prices for apartments, villas and country houses are continuing steadily growing, enhanced by the new mortgage campaign. However, the president of the Istanbul Chamber of Realtors Nizamettin Asha predicts that this extraordinary demand for housing in Turkey will decrease in August. And those who have inflated prices today hoping of...
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Within the first six months of 2020, 581,798 apartments and villas were sold in Turkey. This is 32 percent (or 141,374 units) more than in the first half of 2019. These stats have been provided by the Ministry of Environment and Urban Planning of Turkey. According to the ministry, Istanbul has become the city with the largest number of real...
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A 209.7% growth of property sales was observed in Turkey in June 2020 comparing with the same period in 2019. This June 190,012 properties were sold. Istanbul is the leader of June sales (28,799 units sold or 15.2% of the total number of property transactions). The leader is followed by Ankara (21,915 units sold or 11.5% of total sales). Izmir is...
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When you start looking for an overseas property, the first question that comes to mind is what makes the property price. Turk.Estate prepared a detailed property prices analysis to help you navigate through the Turkish housing market. Factor 1. Apartment location: living space, number of floors, home plan It is quite obvious that the key factors...
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Special low-interest-rate mortgages offered by Turkish banks have significantly boosted property sales. Emlak Kulisi has published recommendations for those planning to buy an apartment in Turkey. So, what should you consider when choosing and buying an apartment or house? Do not rush. Decide on the purpose of purchase: do you need an apartment...
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Turkey is continuing to experience a significant growth in mortgage loans. The construction and property market has started recovering and is directly and indirectly influencing tens and hundreds of economic sectors affected by the current pandemic. The leaders in property sales are Turkish citizens, the share of foreign property buyers is...
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Turkey is a country with huge investment potential, which also covers the real estate market. Today, thousands of foreigners are thinking about buying an apartment or house in Turkey. Let's try to navigate through the Turkish housing prices and see what you can buy with a budget up to 500,000 lira (about €60,000). PROPERTY PRICES IN...
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The coronavirus pandemic has hit all sectors of the Turkish economy, but most industries have already found a way out of the crisis. For example, real estate sellers (construction companies and real estate agents) worked out a new, effective sales tool - buying an apartment online. How can you sign a deal remotely? How to buy a new home without...
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TABLE OF CONTENTS Property taxes Utility costs Rental income Real estate management: management companies and project managers Few words about property transactions To sum up: what you should definitely consider when buying property in Turkey Property taxes The property tax is paid annually on all properties since 1986. Depending on...
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