Buying property
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In Turkey, statistics on property sales to foreign buyers have been collected and maintained. But, the Turks began collecting detailed information more than 9 years ago in 2013. And right now, it'll be useful to compare different rates and analyze the dynamics. What achievements have been acknowledged over the years in the construction sector and...
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Real estate in Turkey continues to be in high demand among Europeans as many people in the current situation of uncertainty are trying to keep their money secure. Housing is in many ways the safest investment because square meters don't get cheaper and it can always be resold. Turk Estate has already written about how the surge in transactions in...
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Recent events have had a substantial impact on the Turkish real estate market – both sales and rentals. In Turkey, many people want to move to a permanent residence or spend a few months here in comfort and peace until the political and economic situation stabilizes. As a result, the number of vacant apartments has decreased, while the price...
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The current situation of uncertainty encourages people to invest in the most stable assets. It will not disappear and will not be depreciated; this is real property, primarily residential. Apartments and houses in good districts have been and will stay in demand. Turkey is among the world leaders in real estate property market development. Three...
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Recent events have caused many economic difficulties for a number of countries. This has caused many people to buy homes in Turkey. Previously, foreigners weren’t in a hurry to do this. Instead, they’d visit the country, rent an apartment for a year or 2, apply for a tourist residence permit and look around. In general, they weren’t in a hurry to...
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Real estate in Turkey is an excellent long-term investment option. Your most important thing to think about is choosing not just the right property but also the right location. As statistics show, if you do this well, the return on investment in Turkey can reach 5% per annum and the real estate payback will only take 6-7 years. In this article,...
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There are many ways to invest in real estate. One of them is buying an off-plan apartment in new buildings in Turkey. But, there are risks in this process. In this article, we’ll look at what these risks are and how to avoid them. Content: Features of buying an off-plan property Pitfalls of off-plan purchases How to choose a reliable property...
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Selling a house in Turkey and steadily rising prices for local real estate can bring an owner a good profit. Official data shows that the value of real estate has increased by over 50% in 2021. The growth prospects for 2022 are driving investors' interest. This makes purchasing a home to resell more appealing. Content: Prospects of the Turkish...
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New-build property in Turkey is a popular investment and attractive to people who want to buy a home overseas. For example, in 2022, you can buy a property under construction in Turkey (a 1 + 1 apartment in the rich Mahmutlar district in Alanya) for € 96 000. You can also buy a similar apartment in a completed housing complex for € 175 500. You can...
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Many more people are coming to Antalya and surrounding areas since international tourism resumed 2 years after the global pandemic. The great climate and comfortable local life convince many tourists to buy real estate in this province. The area offers resorts like Antalya, Alanya, Belek, Side, Kemer, plus several coastal villages. These are less...
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