FAQ

  • Real estate market trends and price dynamics in Turkey in 2022

    The real estate market in Turkey has shown excellent results by the end of 2021. Turkish real estate was purchased more often by foreign buyers. The State Institute of Statistics has published a sales report: 58,500 properties were sold to foreigners over the past year. This is almost 2 times more than a year earlier. Experts predict an increase in...

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  • Moving to Turkey in 2024: Five Top Tips from Expats

    Many are wondering how to move to Turkey. The country with a comfortable climate and high quality of life beckons expats. An absolute advantage in favour of relocation is the affordable prices for property in Turkey. You can buy an apartment much cheaper than in resort towns in Europe. Moreover, you have the opportunity to obtain a residence permit...

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  • Where is best to buy a villa in Turkey?

    According to official statistics, since 2020, villas in Turkey with a swimming pool and a private garden are in great demand. «The best cities in Turkey to buy a house» is one of the most popular requests for Turkish real estate agencies. Which cities are popular to buy cottages? Let's talk about where you can successfully buy a house as well as...

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  • How much will it cost to maintain real estate in Turkey?

    The maintenance of real estate in Turkey costs foreign investors far less than in European resort countries, such as Spain or Italy. The amount of taxation and utilities are relatively small when buying a home, and there are simplified options for obtaining Turkish citizenship. It is important to be aware of the expenses involved before you make a...

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  • Housing sales to foreigners in Turkey: Statistics, preferences, records and plans

    58,576 housing units were sold in 2021 to foreign investors in Turkey, with 50,000 deals initially considered a bold plan. Next year, the real estate sector expects to double this. But, first things first! Content: Currency fluctuations and results Housing prices have doubled in Turkey Iranian citizens are the leading buyers Top 10 leading...

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  • 1,5mln units of housing were sold in Turkey during the year

    Content: Indicators of the past year – and the previous eight years December – a recording month Mortgage loans Other types of transaction speedily grow Comparison table of data of December and the whole year 2020/2021 Secondary real estate market dominates the primary one Comparison table of data for December and the whole year of...

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  • 2022: plans for new records

    Real estate analysts sum up the detailed results of 2021 every day, taking into account the latest information for December. There's reason to believe that the current year will be a record year for the sector for several things. The construction industry began the previous year with stagnation and an ongoing pandemic. But, month after month, the...

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  • 2022 has started: what's better to invest in and what should you pay attention to?

    Real estate and construction analysts, based on the statistics by the end of 2021, have already said that one of the sectors that will show the greatest growth this year will be the real estate sector. And, as experts have repeatedly warned, residential real estate prices will continue to increase even though in the last 12 months they've already...

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  • 2021: conclusions and forecasts

    Since the end of November 2021, the construction market started summing up some prospects for the year ahead. We’ll share some of this with you. In 11 months of 2021, 2,768,262 sales contracts were signed in Turkey. Almost 20 billion Turkish liras (TL) were received from taxes of renewing property rights. This was 19,544,422, 033 TL. There were...

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  • Selling property to foreigners: updated rules and initial forecasts for the year

    Many more foreigners are buying apartments and houses in Turkey. Developers hope that 2021 will be a record year for real estate sales to foreign investors. This is for good reason: the average cost of a house or apartment owned by foreigners has almost reached $0.2 million. A large reason for this was because buyers-residents of other countries...

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