On January 1, 2023, amendments to the legislation on obtaining citizenship by investment when buying real estate came into force. The key change that may be unfavorable for foreigners is that they will not be able to obtain citizenship when buying real estate in shares. If earlier spouses purchased...
The Central Bank of Turkey released analytical data on the results of October 2022. The local currency price index rose by 5.4% this month. The annual increase was 188%. At the same time, new housing has risen in price by 177.4%, and secondary housing has increased in price by 190% compared to the...
The total sales figures for November reached 292,493 transactions. This number is 6% higher compared to the previous month. The stable price growth does not confuse buyers. This fact confirms the potential profitability of investments. Istanbul takes the lead position in the sale and purchase of...
Mahmutlar, the largest district of Alanya, is being actively built up. It is not only a question of housing, but also of creating new infrastructure. The other day, the Mayor of Alanya inspected the construction of the cultural center building, which has moved to the second stage. It will be a...
The results of the third quarter were summed up based on the results of the Turkish industry. They showed a decrease in the production of building materials. For example, the production of bricks decreased by almost 15%, and that of cement – by 4.2%. The lack of new projects this year caused a...
Russians rank first in the list of foreign nationals investing in Turkish real estate. If earlier investors could get the greatest profit from renting out housing during the holiday season, in 2022, rates will continue to rise even in winter. This situation is caused by the influx of citizens from...
Analytical data for October show that the average increase in real estate prices in Turkey for the current period of the year is 191%. This is not the limit. In popular locations, these figures are higher. In Istanbul, housing prices rose by 218%, while in Antalya, this figure reached 223.5%. Mersin...
Yekta Homes invites dear customers and everyone to visit Moscow International Property Show! The event will be held in Moscow on November 11th and 12th, at Tishinskaya Square 1.
The program will be attended by the most reputable developers, financial investment companies, and real estate agencies...
According to the statistics of the results sale the first three quarters of 2022, every fifth real estate transaction in Turkey involved buyers from Russia. Ömer Faruk Akbal, President of Real Estate International Promotion Association, speaks about it. He notes that the average transaction...
According to the report on the secondary housing market, the third quarter of 2022 saw almost 227,120 transactions involving secondary housing stock. This figure is 18% lower than the same rate during this time last year. But it still covers 69% of all sales. The annual price growth peaked at 202%,...