FAQ
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Analysts have summed up the results of Q1 2023. Despite recent statements, which the rise in housing prices slowed markedly, the statistics for January–March indicate the opposite. Real estate in Turkey continues to rise in price relatively rapidly. The volume of housing sales in the Republic of Turkey rose by 32% in March compared to February...
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For obvious reasons, January–March 2023 was challenging for the Turkish real estate market. It faced unexpected and very large-scale internal migration caused by the earthquake. Therefore, the rental stock was reduced, rental rates increased, and investors reconsidered their real estate purchase priorities. Moreover, authorities and developers...
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The events in February (namely, the earthquake that affected 11 provinces) and their aftermath stirred up the property market in Turkey. Above all, rentals: external migration — which increased dramatically a year ago, when a huge number of Russians left for Turkey — has been augmented by internal migration. Migrants from the areas affected by...
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After the February earthquake with its epicentre in Kahramanmaraş, concerns about the risks of buying property in Istanbul linger. A number of Turkish and international companies' representative offices are even moving key offices from Istanbul to Ankara. Fears are greatly exaggerated. A large number of houses in the metropolis are in need of...
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Two events have had the most significant impact on real estate in Turkey: the February earthquake centred in Kahramanmaraş and the presidential elections in May. What trends emerged during this period? Content: Changes in prices by district: Sale and rent Impact on sales “The Election Effect” Let’s focus on the trends in Istanbul and its...
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During a challenging period for Turkey between the February earthquake and presidential elections property sales have been somewhat low. Despite this, real estate for sale in Turkey has shown a significant overall price growth dynamic in recent years. This applies to both property purchases and rentals in Turkey. Content: Property for sale in...
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Istanbul has been steadily leading in housing sales in Turkey for many years. It‘s the country's largest metropolis, where life does not stop for a minute. As per the official data, over 16 million people live here. Istanbul is one of the world's central attractions for tourists, businesspeople and other visitors. This is why rentals will always...
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A third of the year is behind us. The future price increase is unpredictable. Nobody can guarantee that the government will provide options for foreigners to buy property. Nevertheless, the figures speak for themselves. As for buying a home for overseas nationals, there’s no cause for concern. No one will kill the goose that lays the golden egg....
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How to bring your pet into Turkey legally? There is a specific list of things that you need to do in advance if you have purchased a property in Turkey, planning to move to this country for permanent residence, or just go on a trip with your pet. Learn more about all the requirements in our article. Content: How to organize a pet-friendly trip...
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The ability to purchase a property in installments is among the most significant advantages available to foreign investors who want to own real estate in Turkey. Turkish and foreign buyers are treated equally by the nation's government, which prevents discrimination. It is true that you can obtain a mortgage to purchase apartments in Turkey, but...
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