Coronavirus
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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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Wealthy Russians choose the Turkish resort of Bodrum as a good alternative to Europe. It has been reported by the Yeni Asir newspaper. So Russian oligarch Andrei Skoch has been using Bodrum as a seaside holiday spot throughout the autumn 2020. On his own hundred-meter yacht worth 150 million dollars, the millionaire has already visited all the bays...
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The cost of a square meter of housing on the coasts of the Mediterranean and Aegean Seas has exceeded the prices in Istanbul. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. The demand for properties in seaside cities began to grow during the coronavirus pandemic, followed by demand soared in property...
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During the coronavirus epidemic, real estate in Bodrum, the seaside city of Turkey, known as the most expensive Turkish resort, has risen in price even more. Turks and foreigners wishing to safely spend the coming winter months in self-isolation most often choose to buy or rent villas in Bodrum and Cesme. Therefore, today the highest real estate...
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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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Travel restrictions due to the coronavirus pandemic have forced many potential foreign real estate investors to consider Turkey as an investment destination: the country is easy to access and stable in terms of control over the coronavirus. Emel Akbash Idikut, the founder of the investment company ProjEkspert Gayrimenkul, told this to reporters...
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From January to August 2020, 1,024,534 housing objects were sold in Turkey: 42.6 percent more than in the same period last year. This year, resale property sales for the first time in many years exceeded sales of new apartments in Turkey. From January to August, 706,702 secondary housing objects were sold. This is 63.3 percent of the total sales of...
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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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The General Director of the Main Cadastral Office of Turkey Mehmet Zeki said that nationals of 148 countries have already become the owners of real estate in Turkey. According to the expert, in the first eight months of 2020, despite the coronavirus pandemic and the restrictions, foreigners bought 20,000 properties in Turkey. Istanbul and Ankara...
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Land sales in Turkey have grown thirty-fold during the coronavirus pandemic. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. Those who, before the covid outbreak, were planning to invest in apartments, reoriented to buying land, which can be used for construction (it is profitable to resell it to...
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