News and articles
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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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Mass inspections of real estate agencies and realtors for the availability of necessary licenses have started on the territory of Turkey, Turkish media report. This is partly caused by the same exorbitant increase in rental prices, about which the authorities are now taking a number of measures, Finance Minister Noureddin Nebati said...
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A selection of the most relevant events of the real estate market of the Republic of Turkey is in our traditional digest. The topic of rent continues to be discussed. Although last week was marked by good news in this segment. Firstly, rental rates have finally started to normalize. The first to burst the «rental bubble» in...
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