News and articles
-
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more