Real estate
-
Foreigners again began to actively buy houses and apartments in Turkey. Market experts attribute the fall growth in demand to the fact that many foreigners, for example the Middle East, are eager to move to Turkey, at least for the new outbreak of coronavirus. What happened in the Turkish housing market this week? The top property news in English...
Read more -
Stocks of houses and apartments in Turkey are running low and it is highly likely that there will be nothing to sell. This was told by Altan Elmas, Chairman of the Board of the Association of Developers and Investors of Housing Construction of Turkey (Konutder). Konutder is a non-governmental organization that includes Turkish contractors that...
Read more -
Russian buyers of real estate in Turkey ranked third among foreigners investing in Turkish apartments the most in 2020. So for the first nine months in 2020, Russians purchased 1,895 housing objects in Turkey, 448 of this number fell on the September sales. Which countries are most likely to invest in Turkish property? The first place is taken by...
Read more -
Foreign buyers of houses and apartments in Turkey love Istanbul and this is the most popular destination for buying property. In the first nine months of 2020, foreigners bought 11,966 housing objects in Istanbul. The September total (2,370 properties) became the highest monthly sales indicator for the entire 2020. Antalya became the second most...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more -
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...
Read more