FAQ
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At the beginning of summer, the real estate portals Endeksa and Emlakkulisi published data for June 2022 (which was outstanding in terms of the month's sales), for the second quarter/half of the year. A remarkable 150,509 housing units were sold throughout Turkey in June. The volume of transactions increased by 23% compared to the previous month...
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Highest- and lowest-selling cities In June 2022, 150,509 residential units were sold in Turkey. June sales were 11.7% higher than on the same month last year. Istanbul boasts the best performance with 27,988 sales transactions and accounts for 18.6% of their total number. Istanbul is followed closely by Ankara (13,303 transactions, an 8.8%...
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2022 will be an unforgettable year for many investors in real estate in Turkey due to the changing rules regarding upgrades, additions, etc. This began in the spring, when in mid-April the authorities announced that the minimum financial limit for obtaining citizenship for investments would be raised from $250,000 to $400,000. A month later, they...
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The year 2022 has passed its halfway mark, and the real estate market can now summarize results. We are happy to share some statistics from Turkish analysts here. Content: Istanbul’s most expensive districts and their performances Turkey’s most expensive districts based on Q1 performance and their indicators Bursa and Ankara: the most popular...
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The Endeksa analytical platform, known for the most accurate and up-to-date statistics, and referred to by most Turkish media, presented data in its detailed report which was published recently. In June 2022, Endeksa announced the updated prices for residential real estate in Turkey by district, taking into account the figures received in May...
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The increase in the threshold for buying an apartment to obtain citizenship through investment (under an accelerated procedure), for obvious reasons, did not please everyone who planned to purchase housing in the Republic of Turkey. The minimum transaction amount for the purchase of residential real estate in Turkey has risen from $250,000 to...
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Content: Russians Rank First Other Leading Countries Citizenship by Housing Priority Cities and Investments for Citizenship Opinions of Industry Experts The Ban on the Sale of Housing to Foreigners has been Postponed Indefinitely Russians Rank First The beginning of 2022 will be memorable in terms of property purchases by foreign...
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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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