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Leading cities and anti-leaders In May 2022, 122,768 residential real estate units were sold in Turkey. This is 107.5% more than in the same month of 2021. The most transactions took place in Istanbul: 22,148, or 18.0%. Ankara is in second place: 11,497 sales (9.4% of their total number), Izmir is in third place: 7,159 sales, or 5.8%. The...
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The summer season in Turkey is almost in full swing and there is good news! Finally, we can witness the removal of all coronavirus restrictions, the abolition of PCR codes, etc. However, in June, the system of obtaining citizenship for housing will also be restructured. On June 13, 2022, the minimum amount required to purchase residential real...
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In the context of the recently adopted changes regarding the sale of housing to customers from abroad, new trends have become noticeable in the Turkish real estate market. Recall that in mid-April 2022, it became known that the minimum threshold for obtaining Turkish citizenship under the accelerated procedure was raised from $250 000 to $400 000...
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How has the change in citizenship requirements for investments affected the sales of residential real estate in Turkey in recent weeks? We want to inform you. Content: Citizenship by investment Results of the last 10 years What will change now? Record results in April Key buyers by nationality Citizenship by investment Here is the...
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Istanbul remains popular as an investment direction in Turkey. One of the world's largest megacities, this economic, financial, and tourist center attracts with the most powerful air hubs, the ability to buy residential or commercial real estate, land plots, and business opportunities for foreigners. Antalya, the "tourist capital" of the country,...
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Leading cities (and those following) In April, home sales in Turkey rose by 38.8% compared to the same month last year, amounting to 133,058 transactions. The highest share of sales was in Istanbul, with 26,330 transactions which amounted to 19.8% of the total. Ankara ranks second after Istanbul with 12,195 deals and a 9.2% share, while Izmir...
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Analysts have updated the statistics on the most popular and exclusive locations in Turkey (cities and regions). Content: Istanbul, Ankara, Izmir: faster, higher, stronger The most expensive districts The most expensive districts: comparison of rates Prices and dynamics in the Top-30 of the best selling provinces Brief...
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Housing prices in Turkey have sky-rocketed. As a result, international analysts are taking a closer look at the situation in the construction and development markets. Recently, Turkey has become the leader in rental growth in Europe. The cost of the “Turkish square meter” in dollars frequently appears in global statistics. As it turns out, the...
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We will stay by your side throughout the process of selecting and purchasing real estate in Turkey. Our professional team will remotely walk you through all the steps of closing the deal on your purchase. Your presence is not necessary as any issues can be settled remotely under a power of attorney. You can take the following steps to purchase a...
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In Turkey, statistics on property sales to foreign buyers have been collected and maintained. But, the Turks began collecting detailed information more than 9 years ago in 2013. And right now, it'll be useful to compare different rates and analyze the dynamics. What achievements have been acknowledged over the years in the construction sector and...
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