Real estate
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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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Founder and CEO of Turkey's online real estate appraisal platform Endeksacom Görkem Ogüt analyzed the world ranking of real estate price growth rates. According to the world real estate market index, published by the British company Knight Frank, the TOP-150 cities where housing is becoming more expensive were headed by three Turkish cities. Izmir...
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International investment company Knight Frank (London) quarterly conducts a study of world real estate prices, identifying the cities with the most dynamic price growth. The purpose of the study is to measure the global growth rates of housing prices, as well as recommend the most promising cities and countries to real estate investors. According...
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Turkey's online real estate appraisal platform Endeksacom has listed the prices for renting real estate in Istanbul by district in October 2020: Arnavutköy - 9 TL per square meter, the annual growth rate of the rental price - 12.17 percent; Sultanbeyli - 9 TL per square meter, the annual growth rate of the rental price - 4.13...
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In three summer months, land prices in Turkey have increased by 35 percent compared to the same period in 2019. Over the summer 2020, all land plots were sold in Turkey for 89 billion TL and the demand for plots remains considerably high. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. The largest...
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Wealthy Russians choose the Turkish resort of Bodrum as a good alternative to Europe. It has been reported by the Yeni Asir newspaper. So Russian oligarch Andrei Skoch has been using Bodrum as a seaside holiday spot throughout the autumn 2020. On his own hundred-meter yacht worth 150 million dollars, the millionaire has already visited all the bays...
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The Turkish Statistical Institute (TÜIK) has published the results of research on income and living standards of Turkish nationals. According to the report, the proportion of people with their own housing is 58.8 percent in Turkey. Another 25.6 percent of residents live in a rented apartment and pay rent. The main problems of property owners and...
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