Ankara
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Founder and CEO of Turkey's online real estate appraisal platform Endeksacom Görkem Ogüt analyzed the world ranking of real estate price growth rates. According to the world real estate market index, published by the British company Knight Frank, the TOP-150 cities where housing is becoming more expensive were headed by three Turkish cities. Izmir...
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International investment company Knight Frank (London) quarterly conducts a study of world real estate prices, identifying the cities with the most dynamic price growth. The purpose of the study is to measure the global growth rates of housing prices, as well as recommend the most promising cities and countries to real estate investors. According...
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In three summer months, land prices in Turkey have increased by 35 percent compared to the same period in 2019. Over the summer 2020, all land plots were sold in Turkey for 89 billion TL and the demand for plots remains considerably high. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. The largest...
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Over the past five years, 6, 944,616 residential real estate objects have been sold in Turkey, of which 154,871 objects were purchased by foreign buyers. These figures have been given by the Emlak Kulisi newspaper with reference to the Turkish Statistics Institute (TÜIK). According to the published stats, all property transactions in Turkey from...
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The coronavirus pandemic has changed not only the daily lifestyle of Turkish citizens, but also their holiday preferences. There is an increase in demand for villas and country houses: the suburban housing market in Turkey continues to grow rapidly. For example, the demand for suburban real estate on the Aegean coast has risen greatly. Since Izmir...
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Hürriyet Emlak, a real estate newspaper in Turkey, has published fresh data on real estate rentals for August 2020. According to the rental index (Hürriyet Real Estate Index), the rent growth rate is the highest in the following provinces: Mugla (86.25 percent year on year), Mersin (42.21 percent), Balikesir (35.23 percent), Tekirdag (30.55...
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For several years in a row, Istanbul has been the leader in the number of housing and commercial real estate purchased by foreigners in Turkey. In 2020, the TOP-6 of the most popular Turkish cities and provinces among foreigners looks like this: Istanbul, Ankara, Antalya, Mugla, Bursa, Yalova. In 2018, 55,000 foreigners bought apartments and houses...
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Turkish authorities are working on the new Real Estate Law that will regulate the most common problems real estate agencies and consultants experience in Turkey. Hakan Akçam, President of the Etimesgut Real Estate Consultants Association (Ankara): “Our initiatives have led to the launching of research in Ankara on the main problems 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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