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Yekta Homes news

  • Demand for Turkish property exceeds supply: construction sites are not enough
    • 08.09.2022
    According to Hurriyet Daily News, offers from developers do not keep up with the tripled demand. Despite the rise in real estate prices in Turkey, apartments and houses find their owners in a short time. It is estimated that at least 800,000 new buildings are needed to meet consumer demand, while...
  • Turkish citizenship when buying real estate is in great demand among Russians
    • 25.08.2022
    According to the Turkish statistical database, almost 4,900 Russian-speaking investors concluded real estate transactions between February to June of this year to obtain the right to citizenship. The investment citizenship program provided for investments in real estate for at least $250,000. In...
  • Turkey leads in housing price growth
    • 18.08.2022
    According to Knight Frank, Turkey ranks first in the world in real estate price growth in the first quarter of 2022. The analytical review examines data from 56 countries. The rate of cost increase in the first quarter of 2022 reached 110%. The Czech Republic (25.9%) and Slovakia (22.1%) are in...
  • May demonstrated record rise in Turkish property prices
    • 11.08.2022
    Compared to last May, housing prices in Turkey rose by 145.5%. Since April, they have increased by 12.5%. According to the country's Central Bank, this growth rate after inflation is 41.1%. In May, the average cost per square meter of housing reached $670. Istanbul has the highest price increase....
  • Tourism spending in Turkey in the first quarter of 2022 amounted to $680 million
    • 04.08.2022
    According to new information from the Turkish Statistical Institute (TurkStat) dated July 29, 2022, Domestic tourism spending in Turkey rose by 100.4% between January and March 2022 compared to the same period in 2021. These data showed that expenditures reached 12.1 billion Turkish liras (about...
  • Turkey is planning to limit real estate purchasing by foreigners
    • 28.07.2022
    Residents of Istanbul and Antalya are concerned by unrestricted sales of real estate to other nationals. As of July 1, 2022, the list of communities with restrictions on foreign citizens’ residence was extended by 50%. It used to include fewer than 800 districts but now their number increased...
  • Russian demand for overseas property increased by 61%. Turkey leads the way
    • 21.07.2022
    Market researchers found out that the demand of Russian citizens for foreign housing had increased by 61% in the first half of 2022. According to the survey, the leading countries were also revealed, where residents of the Russian Federation send assets the most. These states are Turkey, Spain, and...
  • Russians are increasingly interested in buying Turkish real estate
    • 14.07.2022
    In the first 6 months of 2022, the demand for real estate in Turkey doubled compared to the same period last year. The trend of demand growth has been observed for several years, but it was in the spring of this year that there was a new jump. For example, more than 1,000 Turkish properties were...
  • Turkey is the country where Russians most often buy apartments
    • 07.07.2022
    Turkey and the UAE have become the countries in the greatest demand among residents of the Russian Federation purchasing overseas real estate. In total, 2 countries account for about 40% of all transactions made by Russians. This result was noted in the first 6 months of 2022, when due to the...
  • Residents of Chelyabinsk actively buy up apartments in Turkey
    • 30.06.2022
    Turkish apartments and houses have gained huge popularity among the residents of Chelyabinsk. Among the various factors of high demand, market experts point out economic factors and the simple wish of Russian citizens to get past the restrictions resulting from the conflict with Ukraine. By...
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