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Analysts continue to publish updated statistics on real estate transactions for 2022. Of many states, Turkey ranked first in the rate of increase in residential real estate prices. Istanbul is in the most demand among the Turkish provinces, and Esenyurt is the most sought-after Istanbul province. But first things first. Content: Turkey Leads in...
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The year of 2022 was impressive not only in terms of some numbers in the residential property sales (for example, December had been the second best month since the end of 2020 with more than 180,000 lots sold). This year will be even more memorable for real estate market players due to the high demand for housing from foreigners as well as a...
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The characteristics of those major Turkish cities where Russians are most interested in purchasing real estate have been addressed in detail and on multiple occasions, including the nuances of buying a home in those areas and priority regions, etc. However, the TurkEstate platform offers residential real estate in lesser-known towns around Turkey....
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Leading cities and anti-leaders The Turkish Institute of Statistics (TÜIK) has published data on sales of residential real estate in Turkey. In February, they decreased by 18% compared to the same month last year and amounted to 80,031 residential units. The largest share is in the largest Turkish metropolis, Istanbul: 14,980 sales, or 18.7% of...
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We continue to talk about noteworthy (in the investment sense) cities that are located not far from Istanbul and not so densely populated, which is a plus. After all, it is the overpopulation of the largest Turkish metropolis, coupled with a very high percentage of old buildings, that increases the risks in the event of new strong tremors that are...
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Although Istanbul is an all-time favorite with foreign investors in Turkish real estate (along with Antalya and its environs), the areas closest to Istanbul may in some ways be even more attractive to homebuyers. One of the reasons for this is real estate prices, which are lower than in the largest Turkish metropolis, even though residential...
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Murat Kurum, Minister of Environment, Urbanization and Climate Change, reported that 387,346 buildings were inspected to assess damage in a number of provinces, close to the epicenter in less than 10 days after the earthquake. Of those, 50,576 buildings were identified as requiring urgent demolition, and 279,655 buildings sustained slight damage....
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We already discussed the specifics of purchasing real estate in Turkey. Particularly regarding the new housing evaluation regulation, taxes and driver's licences. Today, we will discuss a few noteworthy issues that affect people who remain in Turkey permanently not as tourists but rather under the terms of a residency permit. Content: How to...
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The massive earthquake that shook southeastern Turkey was a huge tragedy for the region because of the scale of the consequences. Especially for readers, Turk.Estate decided to share some important news and information about this in the article. Content: Why is the damage so great? What buildings weren’t destroyed? Official building codes in...
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According to statistics published by TÜIK, the volume of housing transactions in Turkey in January increased by 10.6% compared to the same month last year and amounted to 97,708 units. Leading cities and anti-leaders Istanbul is the leader in transactions with a total quantity of 17,415 residential units, or 17.8% of the total volume, being sold....
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