News
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Experts of the Turkish real estate market recommend investing in land. Land plots are dynamically growing in price. Building plots have risen in price on average by 21 percent over the year throughout the country, farming plots - by 25 percent, industrial plots - by a record 50 percent. The online real estate appraisal platform Endeksacom...
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According to the Turkish real estate report published last week, it is most profitable to invest these days in apartments by the sea and land plots. These and other forecasts and top news of the week on Turk.Estate. The cost of land in Turkey is growing dynamically, market experts predict that it will grow for at least the entire 2021 year. In...
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One of the most interesting historical properties on the Bosphorus (and one of the most valuable properties in Istanbul), Les Ottomans Hotel is up for sale again. The historic hotel, which hosts important social events in Istanbul and hosts world celebrities, has been in court proceedings for a long time and has been put up for sale and removed...
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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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The results of Capital's traditional annual survey of the 30 most influential Turkish companies, which has been conducted for 16 years, have been published. The study covers the turnover and profitability of companies. It also determines companies' economic and social influence, reputation and the strongest business points. The report mentioned the...
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Foreigners are increasingly buying real estate in Turkey to get Turkish citizenship by property investment. In the last quarter in 2020, about 36 percent of foreign investments were made to get "golden passports". This has been said by the construction and real estate newspaper in Turkey Emlak Kulisi with reference to the real estate appraisal and...
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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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In the third quarter of 2020, Turkish secondary home sales rose by 64 percent. This data was published in a joint report on the secondary property market made by the Internet real estate appraisal platform Endeksacom and the Turkish Real Estate Consultants Association (TÜGEM). According to the report for the third quarter of 2020, secondary home...
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The most popular cities among foreign property investors in Turkey in 2020 include Istanbul, Antalya, Ankara, Bursa, Mersin, Yalova, Sakarya, Izmir, Samsun and Aydin. The Turks topped the list of the most active buyers this year (thanks to the mortgage campaign), followed by nationals of Iran, Iraq, Russia, Kuwait, Kazakhstan, England, Azerbaijan,...
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