Istanbul
-
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...
Read more -
According to the Anadolu news agency, travelers and buyers of real estate in Turkey from Europe started arriving in Antalya in August. The flow of tourists from Germany has been increasing: hoteliers and real estate sellers in Turkey have perked up. Germany opened regular flights with Turkey on August 5, but the restriction for the flights to...
Read more -
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...
Read more -
Emlak Kulisi, a Turkish construction and real estate publication, reports a sharp increase in demand for Turkish housing among Chinese investors. Most of the transactions with buyers from China are carried out online. Apartments in Istanbul are the most popular options among Chinese investors (popular areas include Beykoz, Maslak, Umranie). Most...
Read more -
Over the past five years, 148,996 houses have been sold to foreigners in Turkey. Turkish specialized media published statistics on the interest of foreigners in Turkey's real estate: citizens of 145 countries have bought 148,996 apartments and houses over the past five years. The largest number of buyers turned out to be residents of Iraq....
Read more -
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...
Read more -
Several popular Turkish hotels will soon be sold at public auction. The reason for the urgent sale at reduced prices is the bankruptcy that was caused by coronavirus. According to Turkish media reports, the following hotels will be sold under the hammer: Martı Myra Hotel (five stars, capacity - 553 rooms, Antalya, Tekirova), starting sale price...
Read more -
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...
Read more -
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...
Read more -
Within the first six months in 2020, the percentage of Chinese among foreign homebuyers in Turkey increased significantly. If earlier (in the last three years) Chinese residents hadn't even reached the top twenty foreign buyers of Turkish housing, while this year they were (the first half of the year) in the eighth place. The Turkish real estate...
Read more