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Content: Leading and lagging cities Mortgage deals: 5,915 Other transaction categories: 74,393 Primary housing sales: 25,263 Secondary housing sales: 55,045 Sales to foreigners: 2,061 Leading and lagging cities According to the Turkish Statistical Institute (TÜİK), housing sales in January 2024 decreased by 17.8% compared to the same...
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Despite the turbulence in Turkey's rapidly changing real estate market, it continues to attract the attention of both local and foreign investors. Experts are confident that this sector will flourish in 2024. Megacities remain in high demand, alongside tourist regions like Antalya, which continues to be a favourite among overseas buyers. However,...
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Content: City leaders and laggards Annual figures December figures Mortgage transactions: 6,042 Other categories of transactions: 132,535 New build sales: 51,243 Resale housing sales: 87,334 Sales to foreigners: 2,064 Buyer demographics City leaders and laggards Annual figures As per the Turkish Statistical Institute (TUIK),...
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Many families looking to buy property in Northern Cyprus (Turkish Republic of Northern Cyprus or TRNC) are raising children who need to learn English and other subjects. That’s why buying a home in those municipalities with educational institutions is a highly topical issue. We have prepared for you a list of international schools in Northern...
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The previous article presented some statistics on the demand for residential real estate in Turkey by the most popular provinces. Two locations remain undisputed leaders: Istanbul and Antalya. Let’s delve into more detail, including a retrospective of the last few years. Content: 2018-2023 Housing sales to overseas investors in Antalya The...
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2023 has come to an end. Let's look at the accumulated overseas housing sales statistics in Turkey. Contenu: 2023: important changes Nationalities of buyers and TOP 3 leading provinces The intermediate conclusions: The 10 provinces most popular with foreigners To be continued 2023: important changes An unexpected and, unfortunately,...
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Recent reports from Turkish media highlight the authorities’ success in curbing the steep frantic rise in rental prices recorded over the past 18 months, especially since the onset of the armed confrontation between Russia and Ukraine. Furthermore, rental rates have slightly decreased in some areas of the country. We will explain why this news...
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Content: Top and bottom locations Mortgage transactions: 5,245 Other transactions: 88,269 Primary property sales: 30,472 Secondary property sales: 63,042 Sales to foreigners: 2,342 Top and bottom locations According to the Turkish Statistical Institute (TÜİK), residential sales across Turkey dropped 20.6% in November year-over-year,...
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We're sharing figures and trends in the residential real estate in Turkey for the first 10 months of 2023. In October 2023, housing sales fell by 9% both monthly and annually (over 12 months); the pace of price increases slowed down. However, the annual dynamics showed a +103% increase, with +5% in October alone. In the month, 93,761 properties...
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We continue to explain the nuances of buying property in North Cyprus, which remains an unrecognized republic and is causing concern among potential buyers. For the beginning, Northern Cyprus: growing popularity, questions and answers. Here is a new series of "Questions and Answers" from the most frequently asked questions to the editorial...
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