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Despite the restrictions associated with the coronavirus pandemic, which has affected the whole world, sales of houses and apartments in Turkey to foreigners have increased for five months in a row. According to the Anadolu news agency, in March 2020 home sales to foreigners began to decline and by April reached the lowest level in the last seven...
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A report on the state of the construction industry in Turkey has been published: the sector that has gone through a very difficult period due to the coronavirus pandemic is now under pressure from rapidly growing costs. An increase in the exchange rate is also becoming a negative factor for the industry, which is reflected in the cost of imported...
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The coronavirus pandemic continues to affect the preferences of property buyers in Turkey. Today, the greatest demand is for houses with a garden, spacious duplex apartments and, most of all, housing with large balconies. According to Emlak Kulisi, a specialized publication on construction and real estate in Turkey, over the past six months, the...
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Turkish Trade Minister Rushar Pekcan stated that with the changes in the rules of real estate trade, only licensed agents and agencies will be allowed to work in this area. Those who do not have a new license will no longer even be able to publish ads on the real estate websites. Now, to open a real estate agency in Turkey, you need to undergo...
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Over the past six months of the mortgage boom and the related rise in property sales in Turkey, housing prices in some provinces have increased by record 39-50 percent. However, in some cities and provinces, very little or no rise in price. For example, the rise in housing prices was only 10 percent in Rize, Kyshehir, Yalova, Karaman, Ordu. In some...
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In Turkey, an increase in rental prices is observed. The online real estate appraisal platform Endeksacom released stats according to which the national average annual growth rate of rental prices is 15.07 percent. The biggest rise in rent is observed in Diyarbakir, Eskisehir and Antalya. Thus, in Diyarbakir, the annual increase in rent is 25.3...
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Apartments and houses continue to rise in price in Turkey. According to the stats for the last six months (published by the Emlak Kulisi real state newspaper), the minimum increase in prices of real estate observed in Turkish cities and provinces was 20 percent, while the average increase in the cost of renting apartments in Turkey was 15...
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Turkey continues its transformation into a country of parks and gardens. The Minister of Environment and Urban Development of Turkey, Murat Kurum, told reporters that public gardens are being developed in 77 provinces, the total area of new public green spaces will be 50 million square meters. Murat Kurum: “In 2018, our President announced that...
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Prices for apartments, houses and land in Turkey continue to grow rapidly. Market experts predict further growth, as there will be less and less new housing built in Turkey than in previous years and the cost of land reflects the growing demand for land plots. Check out the latest news of the Turkish real estate market in English on the Turk.Estate...
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Affected by the pandemic, construction companies in Turkey are gradually returning to their usual rhythm of work. This has been said by Emlak Kulisi, the construction and real estate newspaper in Turkey. The COVID-19 pandemic has caused enormous damage to the Turkish construction industry. During an pandemic, sales of new homes practically stopped,...
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