Buying property
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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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By the end of November, it is not only analysts busy collecting statistics on the number and quality of residential real estate transactions. Sales departments in development and real estate companies are also finding out about the relevant factors and how they affect the volume of purchased real estate. This is not only the quantity, quality,...
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A mid-year report devoted to the average home prices in Turkey has been published, based on the performance in the first half of 2022 (January through June) and over the past 12 months, which are quite indicative. It was approximately by the beginning of last July that life in Turkey almost normalized after the previous pandemic year. This was the...
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Endeksa, a predictive real estate data analytics, and insights platform shared its “predictions” regarding the dynamics of the value of residential real estate towards the end of 2022. Endeksa regularly evaluates the state of the housing market in Turkey and expresses the most likely future predictions. The experts examined the first half of the...
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Even though August is neither the conclusion of the quarter nor the end of the summer season, real estate market experts still compile mid-term results in September, and it’s precisely based on August statistics that they’re able to “speak” about the year’s performance. People who are interested in the Turkish housing market can also clearly...
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For some time, we undeservedly paid little attention to Turkish cities, focusing mainly on Istanbul. That was a mistake and this unfortunate omission needs to be corrected today. Let us briefly touch on metropolises. Istanbul, with almost 15 million people, if not more, takes first place in terms of size and population. The capital of the Republic...
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Turk Estate has collated the latest information and figures regarding types of housing, where foreigners buy in Turkey, and what they are interested in. Three provinces came to the fore, but... everything in turn. Content: June records Antalya Istanbul Mersin June records We will remind you that in June 2022, real estate sales to...
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2022 will be an unforgettable year for many investors in real estate in Turkey due to the changing rules regarding upgrades, additions, etc. This began in the spring, when in mid-April the authorities announced that the minimum financial limit for obtaining citizenship for investments would be raised from $250,000 to $400,000. A month later, they...
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The year 2022 has passed its halfway mark, and the real estate market can now summarize results. We are happy to share some statistics from Turkish analysts here. Content: Istanbul’s most expensive districts and their performances Turkey’s most expensive districts based on Q1 performance and their indicators Bursa and Ankara: the most popular...
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