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Strategies transforming the market are highlighted in today’s Turk Estate publication. Let's discuss the new housing types gaining popularity in Turkey. These residences prioritise energy and resource efficiency, aid in flat management and feature ergonomic designs. They may be initially cheaper to purchase real estate in Turkey or more expensive,...
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TurkEstate went into detail about the preferences of overseas investors over the past three years, from 2021 to 2023. However, we’ll focus on other aspects such as statistics on "citizenship by investment", prospects (and figures) for investments in land plots and interest in Northern Cyprus, an up-and-coming location that currently lacks the...
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Istanbul continues to lead Turkey in real estate sales volume and is among the top 3 investment destinations for foreigners. Property prices in the metropolis are rising steadily and demand from tourists, businessmen and project workers is year-round. One of the characteristics of sought-after housing is good accessibility. The road network of...
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Istanbul remains the most popular city for purchase of real estate in Turkey. Although Antalya occasionally surpasses it in terms of transactions with foreign buyers, but in general, the metropolis has no competition in this regard. Today, let's delve into the nuances of living in different parts of the city, the specifics of individual locations,...
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After the autumn-winter slump, the property market in Turkey has begun to pick up momentum once again. There are now more opportunities available for foreigners, who are not affected by changing interest rates like the local population. Moreover, they stand to benefit from inflation, as prices in dollars have slipped slightly in recent months...
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Specialists have conducted a detailed analysis of transactions concluded last year by foreigners regarding residential property in Turkey, comparing the indicators with previous years. Therefore, today, we’ll delve into who is buying what and for how much, as focusing on demand trends facilitates the determination of preferences. At least, the...
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Content: Leading and underperforming cities Mortgage transactions: 8,827 Other transaction categories: 85,075 Primary housing sales: 28,594 Secondary housing sales: 65,308 Sales to foreigners: 1,846 Leading and underperforming cities According to data announced by the Turkish Statistical Institute (TÜİK), housing sales in February...
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The prices of residential property in Turkey continue to rise. As a result, fewer and fewer people can afford to buy flats in general, let alone make spontaneous purchases. Consequently, the percentage of the population living in their own residences is decreasing, while the need for renting, among the most diverse categories of residents...
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Mersin has been a rising star in Turkey’s property market for a number of years, rapidly becoming not only an enriched resort town with a large-scale infrastructure but also a great place to live, thanks to the development of transport networks and social services. It is well suited for comfortable living all year round. And in light of the latest...
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At the top of the most demanded provinces in terms of buying real estate in Turkey, there are two megacities that can be considered the "capitals" of the country: the resort and the official. That is, Antalya and Ankara: the first is the Mecca of foreign investors, the second is gaining popularity as the most stable territory in terms of...
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