Yekta Homes news

In February, Turkey recorded a 17.3% increase in property sales compared to the same period last year. The total number of transactions reached 93,902. The largest share of sales is in Istanbul with 17.4% and 16,344 transactions. Ankara and Izmir ranked second and third with 8,300 and 5,168 sales,...

The opening ceremony of the school dedicated to the 100th anniversary of the Republic of Turkey was held in Alanya's Avsallar neighbourhood. The event was attended by Governor Hulusi Şahin, Alanya Mayor Adem Murat Yucel and other officials. As part of the initiative, the Centenary of the Republic...

As of 4 March 2024, a decree on the valuation of real estate for the purpose of obtaining Turkish citizenship will come into force. The purpose of the decree is to prevent artificial inflation of housing prices in order to speed up the process of obtaining citizenship. According to the authorities,...

Official data on residential real estate transactions in Alanya for January 2024 show that this Turkish resort sold 1,647 houses and apartments. This figure is lower than last January, but higher than in 2021, when 699 transactions were recorded. Alanya has consistently been one of the leaders in...

In the first month of the current year, Russian residents bought 55 residential properties in Turkey. This represents 21.3% of the total volume of sales to foreigners. In second place after the Russians are Iraqis with 208 transactions, and Ukrainians complete the top three with 127 properties. The...

According to the Turkish Statistical Institute, the average price of property rose to TL 3 million (about $101,000) in the first month of this year. The average property price per sq. m in the country is 24,000 TL ($777). In the province of Istanbul, this figure reaches TL 36.8 thousand ($1,200) per...

According to the analytical platform Endeksa, housing prices in Turkey soared by 84% in 2023 compared to the previous year, surpassing the three million Turkish lira mark, which is about $100,000. It is worth noting that these calculations were made in Turkish lira and did not account for inflation...

In 2023, there was a 17.5% decrease in real estate sales in Turkey compared to the previous year, with a total sales volume of 1,225,926 apartments. Istanbul led in terms of the number of transactions with 198,739, accounting for 16.2% of the market share. It was followed by Ankara with 114,432...

In 2023, Turkey registered 1,107,032 foreigners who received residence permits in the country. This number is 250,000 less than in 2022. Citizens of Turkmenistan lead the list of nationalities, displacing Russians from their previous leading positions. In 2023, citizens of Turkmenistan received...

As of January 1, a new law came into effect in Turkey that regulates the short-term rental of real estate for tourism purposes. The changes introduced require mandatory approval from the Ministry of Tourism. This approval will only be granted if all owners of apartments in an apartment building...