News and articles
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The pace of housing appreciation in Antalya and its capital experienced a slight slowdown in 2024. Nonetheless, property value appreciation rates remain remarkable: prices in the area have increased by 18.01% over the past year. Rental prices have risen by an average of 31%. These are the official statistics, with unofficial figures tending...
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Izmir is Turkey’s third-largest metropolis and an important and busy port. Known as the ‘pearl of the Aegean coast’, it boasts elite holiday villages near the city. The Izmir property market is dynamic, attracting not only local buyers but also investors from abroad. Why? Its mild weather conditions (not as hot in summer as in Antalya province)...
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The cost of Turkish housing continues to rise, but the growth rate is decreasing. Experts believe that now is the right time to invest without relying on bank loans. According to Endeksa's July 2024 report, there is a 36% increase in prices annually, with the growth rate being 18% when inflation is considered. There was a 0.05% rise in prices in...
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The sales of property in Turkey have picked up this autumn, rising by 37.3% in September 2024 compared to the same month of the previous year, reaching 140,919 units sold. Istanbul accounted for a seventh of this volume, with 21,314 concluded transactions. Istanbul, along with other metropolises and the most popular resorts, is the focus of...
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"Foreigners own the most housing in Alanya," Yavuz Donat, editor-in-chief of one of the most prominent media outlets in Turkey, Sabah newspaper, talks about the situation at the resort. They rank first among foreigners buying real estate in Turkey. Alanya, the pearl of the Mediterranean, has long been a favourite place for foreign investors to...
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Content: Leading and lagging cities Mortgage transactions: 15,825 Other categories of transactions: 125,094 Primary home sales: 44,858 Second home sales: 96,061 Sales to foreigners: 2022 Leading and lagging cities As per the Turkish Statistical Institute (TUIK), housing transactions in September 2024 saw a surge of 37.3% compared to the...
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Staying informed about the newest developments in legislative initiatives is crucial for individuals purchasing real estate in Turkey – particularly those intending to reside in the country for a while or rent out their property. They receive updates occasionally. We are discussing recent innovations that have already been implemented or changes...
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Let’s examine the trends in the market of real estate in Turkey, which have become more evident with the arrival of autumn. With most of the year behind us, we can confidently summarise the interim results. Content: Sales to foreigners NOTE Preferred locations Prices per square metre Turkey is the leader in terms of annual rental...
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The Ministry of Finance and Treasury has launched an updated audit process, focusing its attention, among other things, on rental income. Rather, not on the fact of income itself, but on the correctness of making a payment. Some of the tenants have started receiving notifications from the tax office in their mailboxes with the need to confirm...
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An interesting opportunity for investors has appeared on the territory of the "resort capital" of Turkey - Antalya: here you can buy a villa if you "set off" the existing housing and pay extra. But not everywhere: we are talking, in particular, about the branded complex Primus Bella 09, from the portfolio of the developer Primus Yapı. 34 villas...
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