Ankara
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The Turkish Statistical Institute (TUIK) has published information on the record increase in apartment prices, which was observed in July 2020. According to the index, not only the record sales of real estate were observed in July, but also a significant increase in the prices of houses and apartments - on average, by 19.5 percent. In...
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How many apartments did foreigners buy in Turkey in July 2020? According to the official statistics released today, sales of real estate in Turkey to foreigners in July decreased by 34.6 percent compared to July 2019. In July 2020, foreign residents bought 2,741 objects in different cities of Turkey. Almost a half (1,046 objects) were purchased in...
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Experts of the Turkish real estate market state that homeowners who have greatly inflated prices on the wave of the mortgage rush will now have to wait a long time for buyers. The unique mortgage campaign in Turkey is on the wane: loan amounts have already fallen, interest rates have risen, and the upward trend will continue. By August 2020, the...
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The Turkish Ministry of Environment and Urban Planning released data on home mortgage sales in July 2020. Thanks to the mortgage campaign, the number of mortgage apartments sales increased by 1,000 percent in July compared to July 2019. In July 2020, 141,434 objects were sold using the mortgage in Turkey, while a year ago, 14,348 objects were sold...
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What is happening with the Turkish real estate market? The top property news in English on Turk.Estate. Istanbul has become the city with the largest number of real estate sales in Turkey (95,271 units) in six months. Ankara took the second place (64,052 units). What districts do buyers of apartments in Istanbul and Ankara most often invest...
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The most popular cities among property buyers in Turkey in the first half of 2020 were the largest cities: Istanbul, Ankara and Izmir. In June, 28,799 properties (15.2 percent of total June sales in the country) were sold in Istanbul (record of the month for sales of apartments and houses), in Ankara - 21,915 properties (11.5 percent of June...
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The number of people choosing Turkey for relocation is growing every year. The Turkish Statistical Institute (TUIK) released a report on international migration for the last year. According to the published data, 677,042 foreigners moved to Turkey for permanent residence in 2019 (17.2 percent more than a year earlier). Nationals of foreign...
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Within the first six months of 2020, 581,798 apartments and villas were sold in Turkey. This is 32 percent (or 141,374 units) more than in the first half of 2019. These stats have been provided by the Ministry of Environment and Urban Planning of Turkey. According to the ministry, Istanbul has become the city with the largest number of real...
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