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The Turkish Statistical Institute (TUIK) has published information on the record increase in apartment prices, which was observed in July 2020. According to the index, not only the record sales of real estate were observed in July, but also a significant increase in the prices of houses and apartments - on average, by 19.5 percent. In...
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Turkish Finance Minister Berat Albayrak assessed the interim results of the mortgage campaign that continues in Turkey. The minister thanked the country's banks in his blog for their invaluable contribution to the mortgage campaign and said that the construction market, which has activated 250 sectors of the Turkish economy, continues to grow....
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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...
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The housing sales boom continues in Turkey. The June sales record (312,409 properties) was broken in July 2020: 365,179 properties were sold in Turkey during the second summer month. According to the results of the first seven months of 2020, the total number of housing sold reached 1,423,627 objects, and the total cost of transactions -...
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Turkish real estate remains in high demand among the residents of the country, however, the mortgage campaign has declined. Now, when Turkey has reopened regular flights with 48 countries, Turkish developers and agencies have high hopes for foreign buyers of apartments and villas. What's happening in the real estate market in Turkey? The top...
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Large investment and construction companies in Turkey are increasingly moving to Europe. We have already talked about the fact that Turkish developers working abroad have to look for new markets today. The internal problems in Russia, the Middle East and North African countries, with which contractors from Turkey have worked so far, forced...
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These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. The coronavirus pandemic has changed investor preferences - from February to August 2020, Turkey has seen a dynamic growth in demand for land (by 28 percent) and, as a result, an increase in land prices (up to 400 percent in six months). In May 2020, the...
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Turkish celebrities continue to acquire resort housing in secluded areas of the seacoast. Months of quarantine and restrictions associated with the coronavirus pandemic have reduced the attractiveness of housing in urban areas: celebrities are massively buying houses and villas in small villages by the sea. Today, Turkish media report have reported...
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After the coronavirus-related quarantine months in Turkey, duplex apartments have become particularly popular with property buyers. According to Emlak Kulisi, citing luxury real estate specialist Syuhran Aras (Istanbul), in June and July 2020, almost all two-level apartments - duplexes and penthouses were sold. Before the pandemic, the demand for...
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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...
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