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Content: Leading and lagging cities Mortgage transactions: 16,726 Other transaction categories: 95,447 Primary home sales: 32,785 Second home sales: 79,388 Sales to foreigners: 1,547 Leading and lagging cities According to statistics from the Turkish Statistical Institute (TUIK), home sales in Turkey rose by 39.7% in January compared to...
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As analysts predicted, home sales broke the record with an estimated figure of 1.5 million sold residential lots. 1,478,025 were sold in 2024, which is one-fifth or 20.6% more than in 2023. Content: Sales dynamics over 12 years Mortgage sales Primary or secondary real estate The most "profitable" provinces Transactions with...
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EVA Real Estate Appraisal has analysed the real estate investments made by foreign buyers in Turkey over the last two years, based on the data collected on the top 10 ‘buyer’ countries and the 10 most popular provinces. Estimating the volumes based on all transactions made, the experts found that investments in the first nine months of 2024...
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Content: Leading and anti-leading cities Mortgage transactions: 23,277 Other transaction categories: 189,360 Primary residence sales: 76,629 Sales of secondary housing: 136,008 Sales to foreigners: 2,418 Leading and anti-leading cities According to statistics from the Turkish Statistical Institute (TÜİK), housing sales in Turkey rose 53...
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While foreign buyers are interested in property in Turkey in many cities and districts, Istanbul, Antalya and Mersin remain the most popular picks among foreigners. Given the high demand, local property is liquid, which makes reselling easy. So, which of the three cities should you choose? We will briefly highlight the main pros and cons of all...
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Analysts are still completing the results for 2024 in the sector of real estate in Turkey, but with greater detail per segment. We provide current statistics categorised by region, city, real estate type, tourist demand and more. Content: Annual sales and key changes in transaction requirements Istanbul is the leader in real estate sales in...
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Content: Leading and anti-leading cities Mortgage transactions: 21,084 Other categories of transactions: 131,210 Primary residence sales: 49,274 Sales of secondary housing: 103,740 Sales to foreigners: 2,151 Leading and anti-leading cities According to statistics released by the Turkish Statistical Institute (TÜİK), housing sales across...
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Legislation and regulations in Turkey are constantly being updated. Therefore, both owners (including potential owners) of real estate and those who rent properties should keep an eye on the changes. Ignorance of the law does not exempt one from responsibility. Recently, Turk Estate has launched another series of laws. The information below will...
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The results of sales of real estate in Turkey for November 2024 will be published as soon as possible. With the results of 10 months available, analysts can summarise the results of the incomplete year. December will no longer be able to affect these trends significantly; it will only adjust the figures obtained. So, what do you remember about...
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As of September 2024, data indicates that housing prices in Ankara have risen by 29% over the past 12 months. The typical price of an apartment in this area remains lower than in Istanbul, Izmir and other more expensive locations, at around TL 3 million (approximately USD 86,000). In October 2024, this trend continued, with the capital...
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