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In July 2020, 26,885 residential properties were sold in Ankara - 11.7 percent of the total number of all July real estate sales in Turkey. The capital of the country became the second city after Istanbul with the highest home sales in July, the vast majority of buyers were Turkish residents (with the exception of 101 foreigners who bought property...
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Turkey's property for sale continues to rise in price, and the construction sector - to get through the consequences of the pandemic. What's happening in the real estate market in Turkey? Is it worth investing now? The top property news in English on Turk.Estate. In July 2020, Turkey set a historic record for apartment and house sales. This...
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Home sales in Turkey to foreigners amounted to 2,741 objects in July 2020 - 34.6 percent less than in July last year. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. The largest number of foreign buyers in July are nationals of Iran. What cities and provinces were the most popular? Istanbul became...
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By 2023, 39 new shopping centers will have been launched in Turkey. This news has been announced by Doctor of Science, Professor Husein Altash, who heads the Association of Shopping Centers and Investors of Turkey (AYD). Now there are 436 shopping centers in the Republic, and by 2023 there will be 475 of them. The flow of investments in this area...
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Developers and real estate agencies in Turkey expect an increase in the interest of foreign investors in Turkish housing in the near future. The factors for this growth are the growth of foreign currency exchange rates and the attractiveness of Turkey's healthcare for foreigners, on the development of which the country spends huge budgets. Hakan...
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Speaking on August 19 at a meeting of mayors belonging to the ruling party, Turkish President Recep Tayyip Erdogan spoke about how Turkish cities will look and function in the near future. According to the president, infrastructure and transport problems will be solved in all cities, and every city will have unique urban planning, which will take...
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Residential property prices continue to considerably rise in Turkey, with the highest growth rate in July recorded in the provinces of Antalya (30.67 percent), Sanlıurfa (28.88 percent) and Gaziantep (24.17 percent). The TOP-10 provinces, where housing prices rose the most, also included: Adana, Konya and Izmir, Ankara, Bursa, Istanbul and Kocaeli....
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The Turkish building materials market, the sector most affected by the pandemic, is recovering from the coronavirus pandemic. The Association of Turkish Building Materials Manufacturers (IMSAD) released industry data for July, showing that the impact of the pandemic continues to wane. The building materials market, which rebounded slightly in June...
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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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