FAQ
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The past year was not easy, but it is for the Turkish real estate sector that it has become in some sense even profitable and advantageous. This brought Turkey almost to the level of European countries in terms of housing prices. As we know, the quality of the work of Turkish developers is known all over the world, where many famous projects were...
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Property sales in May 2021 compared to the same month of 2020 increased by 16.2%, amounting to 59 166 transactions. Istanbul was the leader with 11 356 deals, which amounted to 19.2% in total. 5 653 sales (9.6%) were in Ankara; 3 298 deals (5.6%) - in Izmir. The three “anti-leaders” in property sales with the lowest number of transactions are...
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If ten years ago, when the euro cost less than 40 rubles, Russian buyers of apartments in Turkey did not really care about profitability and liquidity, often purchasing housing on the coast just so that there was a place to spend a vacation for themselves and friends with relatives, today the situation has changed dramatically. The euro rate has...
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The coronavirus pandemic has changed the whole world, not to mention certain areas of the economy. We talked about the situation on the housing market in Turkey in general and the circumstances that change the prices of residential real estate throughout the country in a recent article. Today we will dwell in more detail on the real estate...
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The year of the pandemic could not but affect construction sector condition in Turkey. But if for developers it became a difficult challenge - in the sense that developers had to adapt to new conditions and reorient themselves to significantly changed customer needs - then for those wishing to invest in Turkish real estate, the current market...
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Recently, the statistical agency TÜİK published collected and processed data on residential real estate sales for April 2021. Based on the results of the last two months, we can conclude: the long-awaited spring has come to construction market. Earlier, we have already talked about developers’ expectations regarding the implementation of deferred...
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LEADERS AND ANTI-LEADERS CITIES In the fourth month of the year, 95 863 housing units were sold in the Republic of Turkey. This is 124.1% higher than in April 2020. Three "leaders in sales" have remained unchanged for several months already, as well as the approximate percentage in the total number of sales. Istanbul is in the first place with 19...
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There are many companies offering Russian customers real estate in Turkey. There are also enough websites where apartments, houses, villas, land plots, etc. are presented. And, of course, you can always go to Turkey yourself, contact the first agency you come across, ask superficially and, having familiarized yourself with a half dozen options,...
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The so-called warehouse stocks are gradually running out in the Turkish real estate market. That is, vacant apartments and houses are quickly sold out. Considering obvious sphere revival and cardinally new projects launch by many developers (meeting post-pandemic requirements), price situation will soon become completely different. Therefore, we...
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The first quarter of 2021 recorded almost the lowest housing sales rates in the last five years Two quarters have been identified when the lowest rates of residential property sales over the past five years have been recorded. This was reported by Makbule Yönel Maya, General Manager of TSKB Real Estate Appraisal (Türkiye Sınai Kalkınma Bankası -...
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