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Turk Estate has collated the latest information and figures regarding types of housing, where foreigners buy in Turkey, and what they are interested in. Three provinces came to the fore, but... everything in turn. Content: June records Antalya Istanbul Mersin June records We will remind you that in June 2022, real estate sales to...
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Some investors selecting seaside homes in Turkey opt for the Aegean Coast, which is famous for its milder climate. There are many locations in this area to choose from besides Antalya, Alanya, Kemer, Side, and Belek on the Antalya Coast with its too-hot summer and high humidity. Most people who have never lived in Turkey are only aware of the...
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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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