FAQ
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According to data released by the Turkish Statistical Institute (TÜİK), residential sales in Turkey in August decreased slightly (by 1.1%) compared to the same month last year and amounted to 122,091 units. Content: Top and bottom locations Mortgage transactions: 16,375 Other transactions: 105,716 Primary property sales: 35,310 Secondary...
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Today, we will talk about the cost of residential real estate, especially since analysts have already published the price list for the first half of the year. Specifically, the data for July 2023. Here are some figures from analysts at the specialized real estate portal Endeksa (as of July): Year-on-year change in housing prices (since August...
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The news that Alanya will be designated as an independent province in honor of the 100th anniversary of the Turkish Republic is one of the most discussed topics. Whether this will happen by September–October 2023, just in time for the mentioned anniversary, is still unclear. However, it is evident that the once small resort town has significantly...
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Content: Top and bottom locations Mortgage transactions: 14,533 Other transactions: 95,015 Primary property sales: 31,641 Secondary property sales: 77,907 Sales to foreigners: 2,801 Top and bottom locations According to the Turkish Statistical Institute (TÜİK), residential sales in Turkey in July 2023 increased by 16.7% compared to the...
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There was no doubt that Antalya in general and the resort town of Alanya in particular are in great demand among foreigners, especially in recent years, but the latest statistics on the demand for real estate in Turkey have showed unprecedented figures. Content: Alanya is a favourite among foreigners Alanya is the driving force of the...
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Foreigners who are used to a variety of options for travelling around their native country bought real estate in Turkey and moved here for a long time (for several months or for permanent residence). However, they are confused by the country’s underdeveloped transport system. For example, moving through Turkey by cars and buses. If you needed to...
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Real estate is a persistent source of competition between Istanbul's neighborhoods. The availability of real estate in Turkey is abundant as property sales on both the European and Asian sides are consistently increasing. A lot of places, particularly Istanbul, continues to experience a steady influx of housing development. The most beautiful...
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Istanbul, a city with a centuries-old history, culture and global investment potential, serves as the centre of trade between East and West, a powerful magnet for tourists and businessmen worldwide. Purchasing apartments in Turkey not only promises the opportunity to live in a country renowned for leisure and travel but also holds significant...
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Many people believe that the only well-known real estate in Turkey is found in Istanbul and Antalya. Cities like Alanya, Belek, Gazipasa, Fethiye, Marmaris, and other resort towns in the southwest of the nation are popular among foreign investors as well. Although Arabs are more likely to acquire residences in the province of Trabzon, overseas...
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Each national real estate market has its own quirks. To avoid being dissatisfied with the decision you made, you should have a clear approach and establish exactly what you expect from your new residence. We will provide ten (10) recommendations on how to acquire property in Turkey that not only justifies the investment but also creates revenue in...
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