Rent
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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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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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The Endeksa analytical platform, known for the most accurate and up-to-date statistics, and referred to by most Turkish media, presented data in its detailed report which was published recently. In June 2022, Endeksa announced the updated prices for residential real estate in Turkey by district, taking into account the figures received in May...
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The summer season in Turkey is almost in full swing and there is good news! Finally, we can witness the removal of all coronavirus restrictions, the abolition of PCR codes, etc. However, in June, the system of obtaining citizenship for housing will also be restructured. On June 13, 2022, the minimum amount required to purchase residential real...
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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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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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Can owners of apartments in Turkey receive regular passive income by renting out their apartments? They can! Therefore, investing in Turkish real estate in order to rent it out is a reasonable idea. You can rent out a seaside apartment in Turkey both for a short term (for tourists for at least period of two weeks) and for a long term (for permanent...
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