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Turkish newspapers predict the beginning of a new era in the secondary real estate sales in Turkey, which will come with the introduction of the latest system for evaluating secondary housing. The new system will take into account many factors in the pricing of a property, including the age and condition of the building, urban zoning, seismic...
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In the first 8 months of 2020, 1.25 million apartments and houses were sold in Turkey. Market experts predict that by the end of the year, another 0.5 million housing objects may be purchased. In this case, Turkey will set a new record in real estate sales - the annual sales result will exceed 1.5 million properties. The dynamics of sales of...
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Official data has been published on the monthly and annual growth in apartment prices in Turkey: in August, Turkish housing prices rose by an average of 2 percent, on an annualized basis - by 22 percent. The dynamics of price growth in the context of the coronavirus clearly demonstrates that it is profitable and promising to invest in real estate...
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Emlak Kulisi, the Turkish real estate newspaper, reports that in August the sales of houses and apartments in Turkey to foreigners increased by 8 percent compared to last year's August and amounted to 3,893 objects. Istanbul has traditionally become the leader in sales (1,648 objects), Antalya became the second (784 objects), the third is Ankara...
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The Minister of Environment and Urban Development of Turkey, Murat Kurum, said that since 2012, 1,410,000 housing objects have undergone planned urban transformation in Turkey. However, according to the minister, about 6.7 million objects are in need of an urgent transformation. Why transform residential buildings? We have already said that 40...
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The information on the current prices for real estate in the most popular cities among buyers of apartments in Turkey: Istanbul, Ankara and Izmir has been published. So the prices for residential real estate in Istanbul increased by 1 percent in August, the annual rise in prices was 15 percent. Today, the average cost per square meter of housing in...
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Turkish house prices rose 2 percent in August, with an annual growth rate of 22 percent. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. Home sales in August decreased by 26 percent compared to July results, but compared to the same period in 2019, they increased by 54 percent, amounting to 170,408...
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Sales of Turkish housing to foreigners, which began to decline in March 2020 due to the coronavirus situation, rose in August after a five-month drop. So in August 2020, 3,893 real estate objects in Turkey were sold to foreigners: 8 percent higher than in the same period in 2019. Iranians, Iraqis and Russians are in the lead among August buyers...
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For eight months of 2020, a record number of residential real estate was sold in Turkey - 1 million 24 thousand 534 objects. This is 42.6 percent more than in the same period (January to August) last year. Turkish home sales have surged despite the coronavirus pandemic. According to data published by the Turkish Statistics Institute (TUIK), in...
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Thanks to the mortgage campaign that has been going on in Turkey since the beginning of June, the country is running out of homes available for sale. Emlak Kulisi, the construction and real estate newspaper in Turkey, reports that 70 percent of the properties offered for sale through advertisements have been sold so far. So in June 190 thousand...
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