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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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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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