Yekta Homes news

The Capital Markets Board Association has unearthed a series of fraudulent schemes permeating the real estate sector. These dubious activities are especially prevalent in transactions involving foreigners who are pursuing Turkish citizenship through property investments. These frauds often involve...

According to experts, buyers are now less likely to consider Turkish real estate as an investment. In the reality of high credit costs and housing prices, the potential demand cannot be realized. Statistics Real estate sales have decreased by 14% in the first 10 months of 2023 compared to last...

Legislative changes in Turkey covering rental properties could lead to rent increases of 30% or more. This is primarily due to a reduction in the number of offers, since not every unit will be rentable. The measures taken by the authorities are designed to regulate this sector, although in practice,...

Representatives of Antalya’s construction sector are preparing an appeal to the President of Turkey. What prompted them is the increase in the cost threshold of real estate, the purchase of which allows one to apply for a residence permit. Foreigners forced to pay $200,000 instead of $75,000...

Experts are pondering the question of what to expect from the real estate market in Turkey, whether there will be price adjustments or a recession. Based on the latest statistical data, it can be said that the current market is favorable for buyers. There is an increase in the number of property...

On October 25, Turkey adopted a new law that directly affects the interests of property investors receiving income from short-term rentals. Now, to run a rental business, you need a permit from the Ministry of Culture and Tourism. To obtain a permit, it is necessary to have your plan to rent out...

Analytical company Endeksa has published statistics on real estate sales in Turkey for the Q3 of 2023. It shows an increase in the average price which, when calculated in Turkish Lira, has increased by 109% compared to the previous year. The highest figures are in the provinces of Hatay (158%),...

HISAR Intercontinental Hospital is a multi-specialty medical center in Istanbul established in 2005. The hospital, which is internationally accredited by the JCI, has 53 departments. Medical center experts report that a record number of foreigners, both residents of Turkey and those coming to the...

The Turkish Directorate General of Migration Management has announced stricter regulations for obtaining residence permits for foreigners. Previously, the minimum property value that allowed foreigners to apply for a residence permit was $50,000 in provinces and $75,000 in major cities. Now, a...

According to Turkey's Minister of Culture and Tourism, Mehmet Nuri Ersoy, the country needs additional regulation in the short-term rental property sector. In recent months, there has been an increase in the demand for daily rental apartments in Turkey. This leads to low occupancy rates in hotels,...