Coronavirus
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While the world is going through the second wave of pandemic, Turkey looks pretty calm and safe. Thanks to the development of the healthcare system and the dynamic construction of a huge number of new hospitals, Turkey can today guarantee timely medical care not only for its own residents, but also for foreigners. How many houses and apartments in...
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From January to September 2020, residents of different countries bought houses and apartments in Turkey for $ 6.7 billion. Market experts believe that the annual volume of real estate sales to foreigners will reach 7 billion. In total, from January to September, foreigners purchased more than 26,000 units in Turkey. Contractors and property sellers...
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According to TurkStat, sales of houses and apartments in Turkey in September increased by 19.9 percent compared to August and decreased by 6.9 percent compared to September 2019 sales. The annual growth in property prices in Turkey recorded at the beginning of October 2020 amounted to 25.8 percent. The average cost of an apartment in Turkey was...
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Bulent Ersoy, a 69-year-old Turkish transgender singer and a symbol of tolerance for LGBT people in Turkish media, has drawn public attention to the country's most fashionable resort, Bodrum. According to media reports, Bulent Ersoy has bought two luxury villas in Bodrum overlooking the fortress in Mugla, where Turkish top celebrities have already...
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Houses and apartments in Turkey continue to rise in price. Market experts say that in the coming winter, the traditional winter decrease in home sales is likely not to happen: the demand for real estate in Turkey is growing and development companies are going to announce much fewer new construction projects in the coming months. The reasons for the...
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The Turkish authorities began to think about a safe and sustainable urban development of the country for the next fifty to one hundred years. The Turkish Ministry of Environment and Urban Development has taken up planning that takes into account today's main threats (coronavirus and earthquakes) and implies a massive transition of Turkish cities to...
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Turkish nationals are moving to the coasts of the Mediterranean and Aegean Sea because of the coronavirus pandemic. Izmir became the leader in the growth of sales of villas and apartments by the sea in Turkey. The most popular Turkish online newspaper, Yeni Asır, says that the mortgage campaign has led to a rise in prices per square meter. Izmir...
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Prices for land plots aimed for construction in Turkey increased by 21 percent and for farming - by 25 percent. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. According to the newspaper, the coronavirus has significantly increased the need for people in construction and farming land plots and gardens....
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In the third quarter of 2020, 536,509 apartments and houses were sold in Turkey. Secondary property sales accounted to 375,073 units while new properties reached the level of 242,316 units. Compared to last year's stats for the same period, residential property sales in Turkey have increased by 49 percent. As for mortgage home sales, they increased...
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Due to the coronavirus pandemic and related economic problems, many tenants in Turkey have stopped paying their rent on time. What about the owners of the rented housing in such cases? Takvim Gazetesi has published instructions on this matter. The relationship between the owner of real estate in Turkey and their tenant is regulated by Article 299...
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