News and articles
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Content: The best and lagging cities Mortgage deals: 11,496 Other categories of transactions: 115,592 Primary home sales: 40,784 Secondary housing sales: 86,304 Sales to foreigners: 2,350 The best and lagging cities According to the Turkish Statistical Institute, home sales in Turkey in July increased by 16% compared to the same month...
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Investing in real estate in Turkey has always been a reasonable investment decision that can bring benefits. Moreover, foreigners can buy different types of properties: housing, commercial spaces (warehouses and offices) and mixed residential-commercial areas. The latter consists of apartments in hotel complexes: they do not give the right to...
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After the regional elections in March, the local government in several provinces and cities of Turkey was changed. Adem Murat Yücel, Alanya’s former mayor, gave way to a new one, Osman Tark Ozçelik. He carried out the restructuring of municipalities. We have prepared a list of innovations and brand-new projects aimed at improving the infrastructure...
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Turkey used to have low residential real estate prices, but now they have skyrocketed by 456% in the last 2.5 years in Turkish lira. Experts have been comparing between the housing expenses in Turkey, particularly in Istanbul, and the real estate costs in other top global investment spots like European capitals and key Asian regions. Of course, a...
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Turk Estate is pleased to discuss the residential real estate market in Istanbul, highlighting trends and opportunities for buying and selling in 2024, including prospects in this area. Istanbul is one of the most important cities in Turkey, rich in historical and cultural significance. As the largest metropolis with a unique location spanning...
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Istanbul is the largest metropolis and the leader in property sales, not just for residential property in Turkey. It’s also the capital of tenants. The bulk of the country’s tenants are, including students, business travellers, project workers and civil servants. Not to mention tourists: passenger traffic through Istanbul's air hubs is approaching...
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Izmir, Turkey’s third-largest city, occupies an important position in the country's real estate market. Rapid urbanisation, population growth and economic advancement are driving up housing costs in the city. Let's take a closer look at the current trends in the Izmir market and what investors and buyers of real estate in Turkey can anticipate in...
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Content: Top and lagging cities Mortgage transactions: 6,813 Other categories of transactions: 72,500 Primary home sales: 25,425 Secondary home sales: 53,888 Sales to foreigners: 1,440 Top and lagging cities According to data released by the Turkish Statistical Institute (TUİK), home sales decreased by 5.2% in Turkey in June compared to...
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Today, we will discuss the investment appeal of three provinces located near Istanbul. Furthermore, it is experiencing consistent growth, with lower prices and easier access to residence permits, as there are numerous immigrants in these areas. Content: Canakkale Information regarding June 2024's conclusion Bursa Information regarding June...
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Analysts identified the provinces in Turkey where foreigners had bought the highest amount of real estate from January to June. These are the capital cities of the different regions. They are more likely to maintain their leadership position by the end of the year — the odds of this are definitely in their favour. The number of housing units sold...
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