FAQ
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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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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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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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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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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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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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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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Coastal areas are popular but the country's major cities - apart from Istanbul and Antalya - also deserve attention as investment destinations as they have also shown impressive growth in housing costs over the past year, reducing the time spent on returns. Turk.Estate has already explained the construction industry of the real estate market and...
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When the national currency was unstable, Turkish developers depended on foreign buyers. Also, it’s been more profitable for foreigners to buy housing in Turkey because the dollar and euro exchange rates are growing. Turkish developers are also building many residential complexes based on what foreign investors want. But, first things first...
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ROI (the return of investment) is one of the most important indicators motivating foreign entrepreneurs to invest in real estate in Turkey. The local market offers a wide range of residential and commercial properties. Real estate in large cities and tourist areas is the most popular. A high profitability rate distinguishes them, and they...
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