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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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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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Izmir is Turkey’s third-largest metropolis and an important and busy port. Known as the ‘pearl of the Aegean coast’, it boasts elite holiday villages near the city. The Izmir property market is dynamic, attracting not only local buyers but also investors from abroad. Why? Its mild weather conditions (not as hot in summer as in Antalya province)...
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The sales of property in Turkey have picked up this autumn, rising by 37.3% in September 2024 compared to the same month of the previous year, reaching 140,919 units sold. Istanbul accounted for a seventh of this volume, with 21,314 concluded transactions. Istanbul, along with other metropolises and the most popular resorts, is the focus of...
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"Foreigners own the most housing in Alanya," Yavuz Donat, editor-in-chief of one of the most prominent media outlets in Turkey, Sabah newspaper, talks about the situation at the resort. They rank first among foreigners buying real estate in Turkey. Alanya, the pearl of the Mediterranean, has long been a favourite place for foreign investors to...
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Content: Leading and lagging cities Mortgage transactions: 15,825 Other categories of transactions: 125,094 Primary home sales: 44,858 Second home sales: 96,061 Sales to foreigners: 2022 Leading and lagging cities As per the Turkish Statistical Institute (TUIK), housing transactions in September 2024 saw a surge of 37.3% compared to the...
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Staying informed about the newest developments in legislative initiatives is crucial for individuals purchasing real estate in Turkey – particularly those intending to reside in the country for a while or rent out their property. They receive updates occasionally. We are discussing recent innovations that have already been implemented or changes...
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Let’s examine the trends in the market of real estate in Turkey, which have become more evident with the arrival of autumn. With most of the year behind us, we can confidently summarise the interim results. Content: Sales to foreigners NOTE Preferred locations Prices per square metre Turkey is the leader in terms of annual rental...
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Many owners who have purchased property in Turkey for a residence permit or citizenship, without intending to live there, often wonder how to recoup their investment quickly. Renting a flat to tourists for short stays of 2–3 days to several weeks can be cumbersome, particularly given recent legislation changes. Alternatively, accommodating...
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Many potential buyers of real estate in Turkey are pondering whether to invest in an apartment (or several ones) or a villa. We will look at the main pros and cons of buying a detached house in this article. Content: Top 10 reasons why villas are preferable to apartments Tips on what to consider when purchasing a house The prospects of...
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