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Content: Leading and lagging cities Mortgage transactions: 13,574 Other categories of transactions: 120,581 Primary home sales: 41,913 Second home sales: 92,242 Sales to foreigners: 2,257 Leading and lagging cities According to official data announced by the Turkish Statistical Institute (TUIK), home sales in August 2024 increased by 9...
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Turk Estate likes to tell about the resort towns that are most in demand among foreigners. Nevertheless, profitable investments can be made not only in real estate in Turkey by the sea. Today, we will present several not-so-obvious areas that, nevertheless, are able to ensure good profitability. Today, we will showcase several not-so-obvious areas...
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By the end of spring and especially in the summer of this year, there was a gradual rise in transactions to buy the best real estate in Turkey, with Istanbul, the country’s biggest city attracting more attention from investors. Content: Sales volume and prices Rental prices Forecast of the dynamics of the Istanbul real estate market Sales...
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Analysts shared information with foreign investors on the number of real estate transactions in Turkey for the period of January to June 2024. Turk.Estate has prepared an overview with detailed statistics and the latest trends. Content: Final figures Investments to obtain citizenship Istanbul as the top destination Potential goals and case...
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Content: The best and lagging cities Mortgage deals: 11,496 Other categories of transactions: 115,592 Primary home sales: 40,784 Secondary housing sales: 86,304 Sales to foreigners: 2,350 The best and lagging cities According to the Turkish Statistical Institute, home sales in Turkey in July increased by 16% compared to the same month...
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Investing in real estate in Turkey has always been a reasonable investment decision that can bring benefits. Moreover, foreigners can buy different types of properties: housing, commercial spaces (warehouses and offices) and mixed residential-commercial areas. The latter consists of apartments in hotel complexes: they do not give the right to...
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After the regional elections in March, the local government in several provinces and cities of Turkey was changed. Adem Murat Yücel, Alanya’s former mayor, gave way to a new one, Osman Tark Ozçelik. He carried out the restructuring of municipalities. We have prepared a list of innovations and brand-new projects aimed at improving the infrastructure...
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Turkey used to have low residential real estate prices, but now they have skyrocketed by 456% in the last 2.5 years in Turkish lira. Experts have been comparing between the housing expenses in Turkey, particularly in Istanbul, and the real estate costs in other top global investment spots like European capitals and key Asian regions. Of course, a...
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Turk Estate is pleased to discuss the residential real estate market in Istanbul, highlighting trends and opportunities for buying and selling in 2024, including prospects in this area. Istanbul is one of the most important cities in Turkey, rich in historical and cultural significance. As the largest metropolis with a unique location spanning...
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Istanbul is the largest metropolis and the leader in property sales, not just for residential property in Turkey. It’s also the capital of tenants. The bulk of the country’s tenants are, including students, business travellers, project workers and civil servants. Not to mention tourists: passenger traffic through Istanbul's air hubs is approaching...
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