Antalya
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According to information published by the Turkish Statistics Institute (TÜIK), from September 2015 to August 2020, almost 155 thousand residential properties were sold to foreigners in Turkey. 39.8 percent of them are apartments in Istanbul (61,734 objects). In the first eight months of 2020 alone, foreigners bought 9,596 residential properties in...
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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 pandemic has accelerated the process of migration of people from Turkey's big cities to country houses as much as possible: summer cottages are becoming year-round housing and are more expensive in some regions than apartments in Istanbul. The desire to leave densely populated Istanbul makes hundreds and thousands of Turkish families move for...
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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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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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In Turkey, real estate sales continue to grow, while the TOP-7 most popular cities and provinces with buyers have not changed since last year and looks like this in 2020: Istanbul, Ankara, Izmir, Antalya, Bursa, Mersin, Konya. If last year the top ten cities and provinces were closed by Adana, Gaziantep and Tekirdag, this year Kocaeli, Gaziantep...
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Low-income families who do not have their own real estate in Turkey and live in rented housing receive from 715 to 1150 liras monthly. Turkey provides financial support to its residents on a regular basis, you can apply for this support on the website of the e-government of the Republic. The amount of monthly support for renting an apartment in...
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Despite the fact that sales of Turkish real estate increased in the first half of 2020 by 23.5 percent compared to the same period in 2019, the share of foreign buyers was only 0.9 percent of the total number of transactions. The reasons for such a sharp decline in overseas investments are the coronavirus pandemic, restrictions on international...
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