News and articles
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More than 1.6 million contracts related to the purchase and sale of various real estate (not only residential) were concluded in Turkey in January-June 2022. Let's clarify that the data for seven months, taking into account commercial real estate, land for various purposes (fields, etc.) have not yet been announced. The total revenue...
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Turkey has started to gain more attention with the complication of property ownership in Europe and visa issues for Russians. This country used to be one of the focal areas in terms of acquiring a home. Today, it has on the shortlist. Previously the country was associated with the “cheap real estate” concept but now the association is completely...
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Recently, Turk Estate said that Alanya was the first city where the «rental bubble» of inflated prices burst. Housing rental rates began to decline in a number of provinces, gradually covering the entire country. Recall that over the past year, only according to official data, rent on average in Turkey has risen by 153%, and in four...
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Development and construction companies in Turkey have implemented projects worth about $6 billion abroad in just seven months of 2022, the Emlakkulisi portal reports. Other interesting figures: from 1972 to the end of July 2022, 11,293 projects worth $459.6 billion were successfully commissioned. Despite the political instability and the...
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The authorities have strengthened control not only over companies selling housing and real estate agencies, making sure that they work without violations and «in white», but also for individual owners who rent housing privately. So, in Alanya, a real estate owner was fined, who at various times rented his residence in Kestel to foreigners: it was...
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The number of transactions with foreigners in the first seven months of 2022 increased immediately by 57.4% compared to the same period (from January to July) of 2021. As for the nationality of the buyers, the Russians have been steadily leading for several months, having «pushed» the former recognized leaders in this matter: Iran and Iraq...
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Antalya, the «resort capital» of Turkey, a favorite of tourists and immigrants from many countries, will teach taxi drivers English, German and Russian. To begin with, at a basic level, but in any case, this initiative of the local authorities will greatly facilitate communication with users of taxi services. The Mayor of Antalya, Ersin...
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Despite the fact that the volume of housing transactions in July is slightly lower than in previous months, the figures for the first seven months of 2022 confirm positive trends in the construction market. Analysts compared the results of July with June, and on the exchange, sales statistics for January-July 2021 and 2022...
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Finally, the «reformatting» of the rental housing market is gaining momentum. Previously, the owners of apartments and houses raised rates almost every month and clearly preferred tenants from among foreigners. Now, as claims have begun against tenants-citizens of other states, and the «rental bubble» bursts here and there, landlords have...
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The segment of «factory-built houses» - ready-made standard buildings that can be erected on their own land in a minimum period of time - is actively developing. Prices for already more or less run-in models from familiar manufacturers are updated from time to time. This happens about once a season - in spring, summer, etc. The offer...
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