Buying property
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Turkish housing is in great demand among Russians. According to statistics, Russians made the third highest number of real estate purchases by foreign investors in 2021, only Iranians and Iraqis made more. Investors often acquire housing on the Mediterranean coast, not only to preserve their capital, but also to generate income from renting in...
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According to official statistics, since 2020, villas in Turkey with a swimming pool and a private garden are in great demand. «The best cities in Turkey to buy a house» is one of the most popular requests for Turkish real estate agencies. Which cities are popular to buy cottages? Let's talk about where you can successfully buy a house as well as...
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Real estate analysts sum up the detailed results of 2021 every day, taking into account the latest information for December. There's reason to believe that the current year will be a record year for the sector for several things. The construction industry began the previous year with stagnation and an ongoing pandemic. But, month after month, the...
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Real estate and construction analysts, based on the statistics by the end of 2021, have already said that one of the sectors that will show the greatest growth this year will be the real estate sector. And, as experts have repeatedly warned, residential real estate prices will continue to increase even though in the last 12 months they've already...
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Many more foreigners are buying apartments and houses in Turkey. Developers hope that 2021 will be a record year for real estate sales to foreign investors. This is for good reason: the average cost of a house or apartment owned by foreigners has almost reached $0.2 million. A large reason for this was because buyers-residents of other countries...
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Coastal areas are popular but the country's major cities - apart from Istanbul and Antalya - also deserve attention as investment destinations as they have also shown impressive growth in housing costs over the past year, reducing the time spent on returns. Turk.Estate has already explained the construction industry of the real estate market and...
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When the national currency was unstable, Turkish developers depended on foreign buyers. Also, it’s been more profitable for foreigners to buy housing in Turkey because the dollar and euro exchange rates are growing. Turkish developers are also building many residential complexes based on what foreign investors want. But, first things first...
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In autumn, Turkish real estate market experts said that if someone was looking for housing, it was the best time to purchase. Even though there are new development projects, there still aren't as many as pre-pandemic. The cost of construction is getting higher and these extra expenses also fall on the shoulders of potential buyers. By winter, both...
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Although resorts along the Aegean coast have been a popular investment choice for almost 2 years, even surpassing Istanbul in price growth, Istanbul remains the most popular destination. Also, Istanbul has the most demand for rentals in all of Turkey. The metropolis - a financial, economic and tourist center – has a stable demand for rental...
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According to the results of 3 quarters in 2021, analysts can already predict the results for the year. Optimistic forecasts for record sales of housing to foreigners (remember that the goal is 50,000 housing units for this year) makes sense. After all, in the first 9 months of the year alone, foreign investors already purchased more than 38,000...
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