Ankara
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REIDIN has published a rating of moving house within Turkey in the second quarter of 2022. This statistical data shows the preferred districts and those with the most “rolling-stone” residents. The rating also highlights relevant trends concerning the reasons for moving. The number of tenants moving house has grown considerably this year compared...
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According to the statistical report published today, home sales to foreigners in June 2022 almost doubled compared to the same month last year (+81.8%): 8630 transactions took place in the sixth month of the year. As a result, the share of transactions with foreigners in total sales amounted to 5.7% - an unprecedented indicator before. As...
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According to the latest research by Knight Frank, residential real estate in Turkey has significantly risen in price over the past year. In the world ranking of cities with the largest increases in property prices, Izmir and Ankara became the second and third with the growth rate of 27.8% and 27.2%, respectively. Istanbul was ranked the fourth with...
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Residential property sales in Turkey have hit a record high in 2020. The sales rush was fueled by the special mortgage campaign that kicked off in late May. The most popular options among property buyers in Turkey are apartments worth from 400,000 to 800,000 TL (€41,000-82,000), and the most popular floor plans are 2+1 and 3+1. According to...
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For the first nine months of 2020, mortgage loans were issued in Turkey for 80 billion TL (about 8 billion euros). 52.5 percent of the total volume of real estate in Turkey purchased on a mortgage fell on four cities: Istanbul, Ankara, Izmir and Bursa. As reported by the Anadolu news agency with reference to the Turkish Banking Regulation and...
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In his speech to the people after the meeting of the Turkish Cabinet of Ministers (which took place today at the Presidential Palace), Erdogan noted the successful results of the construction and real estate industry in Turkey. According to the president, in the first nine months of 2020, sales of houses and apartments in Turkey reached 1.2 million...
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The most popular cities among foreign property investors in Turkey in 2020 include Istanbul, Antalya, Ankara, Bursa, Mersin, Yalova, Sakarya, Izmir, Samsun and Aydin. The Turks topped the list of the most active buyers this year (thanks to the mortgage campaign), followed by nationals of Iran, Iraq, Russia, Kuwait, Kazakhstan, England, Azerbaijan,...
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The average property prices per square meter in the Turkish capital have exceeded 2,000 TL (€213) for two years in a row. Apartments in Ankara were rising in price for 15 months in a row, reaching their highest level at the end of August 2020. The average cost per square meter in Ankara increased by 19.8 percent in 8 months and amounted to...
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Foreign buyers of houses and apartments in Turkey love Istanbul and this is the most popular destination for buying property. In the first nine months of 2020, foreigners bought 11,966 housing objects in Istanbul. The September total (2,370 properties) became the highest monthly sales indicator for the entire 2020. Antalya became the second most...
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In Turkey, an increase in rental prices is observed. The online real estate appraisal platform Endeksacom released stats according to which the national average annual growth rate of rental prices is 15.07 percent. The biggest rise in rent is observed in Diyarbakir, Eskisehir and Antalya. Thus, in Diyarbakir, the annual increase in rent is 25.3...
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