News

The country's authorities are going to abandon paper documents confirming property ownership. In the near future, paper documents will no longer be needed for real estate transactions. The decision to stop using paper media is primarily associated with simplifying the procedure for concluding...

After the country's authorities began to gradually loosen quarantine rules, the demand for rental housing has increased. Tourists prefer to rent an apartment or house, rather stay at a hotel. One of the main reasons for that the fact that it saves up to 30% of funds. But now in Kusadasi and Marmaris...

According to last year's stats, Turkish families allocate 24.1% of all their funds to pay for their apartments. The TurkStat states that the rent and utility bills are the largest part of family monthly budget. Food and non-alcoholic beverages occupy the second place in the list of monthly costs (20...

Since the country's government has made efforts to fight COVID-19, Turkey has become the safest resort, showing a low infection rate. Other states drew attention to the country's methods and their preventive policy. Turkey was among the first to install thermal imaging cameras at airports to detect...

The reason for this is that the situation caused by the pandemic is stabilizing, and people are returning to their usual lives. Nevertheless, analysts believe that property sales will reach the pre-crisis level only in the spring of 2021. For comparison, in 2019, the interest of foreigners in...

Over the past week alone, the size of mortgage loans increased by $ 613 million, and in general over two weeks the size of bank loans increased by $ 5.3 billion. This is due to the fact that recently the government ordered that the state banks issued mortgage loans at the lowest rates in Turkish...

It was stated that Turkey was going to resume flights with Russia in mid-July, but the exact date was not announced. Now the date is known - on July 16, the flights will connect Turkey and Russia. At the moment, travellers can book tickets from Moscow, St. Petersburg and Krasnodar. Now it is...

The country has announced that it is going to resume international flights gradually starting with June 10. The first international flights will be available to Bahrein, Bulgaria, Qatar and Greece. Tourists from Kazakhstan, Azerbaijan, Tajikistan and many other countries will be able to fly to...

Over the first four months in 2020, 383,821 homes were sold in Turkey. Property buyers used a mortgage in 145,387 cases. This number increased by 141.4%. The sold properties included 122,280 new homes. The number of sold new homes experienced a 16% decrease comparing with the same period in 2019....

Only COVID-19 negative foreigners are allowed to enter the country as of May 20. The borders are open for patients coming to Turkey for health tourism. The country accepts the patients of orthopedics and traumatology, general and pediatric surgery, eyes diseases, oncology, urology, cardiology,...