Buying property
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The year of 2022 was turbulent not only in terms of rising prices for renting and selling housing in Turkey, but also in terms of numerous changes in everyday life. There were large and small legislative initiatives (from raising the financial threshold for obtaining citizenship for investments from $250,000 to $400,000 and to adaptation courses...
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Both above-mentioned Turkish megacities are developing at a rapid pace, especially Istanbul, due largely to the laying of new routes and metro lines. Changes in the "web" of transport infrastructure in turn change the "alignment" in the residential and commercial real estate field. The attractiveness of certain areas with increased transport...
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Despite its real estate prices rising by leaps and bounds, Istanbul remains the most attractive Turkish metropolis for foreigners in terms of buying housing. There are pros and cons to this. So, let’s review everything about it! Content: Rental prices How to buy an apartment and earn almost immediately "Investment-useful"...
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In the context of rising prices, and the "shuffling" of the most popular areas for the acquisition of housing by foreigners, and legislative innovations of this year, we decided to once again "run through" the key points not to be missed when buying a house in Turkey in the near future. Content: The purpose of the purchase. Citizenship,...
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A thorough report on the volume and the qualitative characteristics of transactions for the third quarter of this year was released by Turk Estate, with the secondary housing market receiving special attention. Real estate that has not been bought directly from the developer is known as "secondary housing" and is highly popular in Turkey. Recently,...
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Mersin has recently become especially attractive to investors. This province has already entered the Top 3 of the fastest-growing investment locations and is in the Top 3 in terms of the number of apartments sold to foreigners. You will not find an apartment for rent here now for love or money. Sometimes you can find something for rent, but the...
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It's the fourth quarter of the year. Analysts figure out the results of the first nine months, comparing with the figures of the previous year, and predict preliminary results for 2022, taking into account data on the current volume of transactions and the characteristics of the purchased lots. Content: Plus 202% in price Two leading...
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Istanbul remains the most sought-after city in Turkey in terms of real estate purchasing and one of the most expensive locations in terms of rent. New records are consecutively set in this area. So, in the approx. central Istanbul districts, there are no apartments cheaper than 6,000 Turkish liras (TL) for rent. When the previous report in April (...
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Prices of residences in Turkey grew by 160% year-on-year in the second quarter of 2022, as already reported by Turk Estate. The third quarter is likely to perform even better. For instance, by the end of summer, prices had increased the highest in Istanbul (+185% year-on-year), Ankara (+165%), and Izmir (+151%). Foreigners are still actively...
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Turk Estate regularly posts information on price trends in various cities and regions of this country to help you navigate real estate purchasing. Our readers are particularly interested in new developments concerning application for a residence permit and the details of everyday life in Turkey, particularly now, when the current events have taken...
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