News
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Home sales to foreigners in Izmir, Turkey's third largest and most popular city, have skyrocketed because of buyers from Iran. According to market experts, many Iranians buy real estate in Turkey in order to get the citizenship of the Republic for the whole family at simplified terms. Buying an apartment in Turkey for 250 thousand dollars,...
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The Turkish media warns holidaymakers that scammers have become more active online attracting people with advertisements for cheap villa rentals in Turkey. It has been reported that the scammers duplicate the websites of well-known Turkish real estate and tourism agencies, copying the corporate identity and logos of companies, post ads in search...
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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...
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This forecast was made by Mehmet Kalyondcu, President of GYODER, Turkey's largest investment company. His interview on the future of the construction and housing sector has been published today by the Turkish real estate newspaper Emlak Kulisi. According to the expert, if Turkish banks continue to offer low interest rates to homebuyers, then the...
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The Turkish Statistics Institute has published the report on the Consumer Confidence Index, an indicator designed to measure the degree of optimism of residents about the state of the economy (expressed in terms of consumption and savings). According to the published July 2020 data, the index of confidence in the construction industry in Turkey...
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The fee for getting a title deed in Turkey (TAPU) has increased to 1126 lira (about €140). Anyone who plans to purchase a Turkish home will have to pay this fee to the Cadastral Office when registering a transaction. The below costs are not included in the property cost in Turkey, that is why the buyer should also consider them to know...
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The global company Colliers International (USA), which provides real estate services in different countries, has published a report on the impact of the pandemic on the Turkish market. What problems has it caused? The analysts said the housing projects that were under construction during the coronavirus outbreak have been hit hard....
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Turkey is currently experiencing a huge boost of mortgage sales thanks to the new mortgage campaign designed to revive the real estate business in the country. What should you definitely pay attention to when buying an apartment in Turkey on a mortgage? The construction and real estate newspaper Emlak Kulisi has published a list of ten...
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Residential property prices in Turkey continue to rise, as does the number of sales. Emlak Kulisi, the Turkish construction and real estate newspaper, published an analytical report which says that 14 percent more homes were sold in the first quarter of 2020 than within the same period last year. When it comes to secondary housing, sales increased...
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In Turkey, there is an increased demand for bungalow houses in the countryside. The coronavirus pandemic has impacted seasonal demand for holiday housing. This season, the most popular type of holiday rental property in Turkey is simple bungalow houses in the forest or on the beach. In 2020, tourists tend to relax in secluded places where you can...
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