Yekta Homes news

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,...

Turkey continues to be one of the most popular destinations for tourism and migration, both in Europe and the Middle East. In just one month, from April to May 2023, the number of real estate buyers in the country has increased by 23%, with the increase from 2,557 to 3,167 individuals. The main...

The proptech company Endeksa has revealed the results of an analytical study for August. According to statistics, in Turkey, the cost of real estate in national currency increased by 110% over this period. The average home price is now around $106,000. The highest rate of price growth was recorded...

The Turkish Statistical Institute (Turkstat) has published statistics for August. Russians are in first place among foreigners who became owners of Turkish property. Russian citizens concluded 733 deals. This is more than twice as many as Iranians who bought 342 properties. The third place is...

According to the Turkish Land Registry Directorate, in August 2023, the total value of transactions in Turkish lira reached 5.1 billion. Over the month, 120,000 residential properties and 55,600 building plots were sold. Compared to July of this year, sales increased by 13%. If we compare the...

The Turkish Banking Regulation and Supervision Agency (BDDK) has imposed a series of restrictions on those who plan to purchase a second property with a mortgage loan. It is believed that this measure will help stabilize the situation with rising prices. It is expected that a buyer who already owns...

According to the Turkish Statistical Institute (commonly known as TurkStat or TÜİK), foreign buyers purchased a total of 2,801 residential properties in July 2023. This number represents a 28.9% decrease compared to the previous year. Out of these properties, Russians bought the...

Representatives of the tourism industry in Alanya are proposing that the Ministry of Tourism implement a digital nomad visa program. This initiative is believed to be beneficial in maintaining a consistent occupancy rate for hotels and rental properties in Alanya throughout the year. The current...

The Central Bank of the Republic of Turkey has released the latest data on the country's real estate market in June of this year. According to the results, housing prices have gone up by 4.8% over the month and have seen an annual growth rate of 95.9%. It is important to note that...