Yekta Homes news

According to real estate experts, a disastrous earthquake in Turkey's southeast could cause a significant increase in Turkish housing prices. Residents of Istanbul, Izmir, and Ankara will be the first to face growing costs of housing for purchase and rental. According to experts, residents of the...

The devastating earthquake in Turkey not only took many lives, but it also raised a number of questions for property buyers, including whether Turkish housing is safe and worth investing in. Experts propose two scenarios for the real estate market: Most likely, apartments in buildings that were...

Turkey's territory is seismically unstable, which has a direct impact on architectural development requirements. Here are a few things to look for when house-hunting: The construction date. Buildings built since 2018 must comply with the updated Decree on the Safety of Construction Work...

Information about refusals to issue a tourist residence permit has been received from Turkey since the end of 2022. However, the authorities have only now commented on the situation. The government is indeed tightening control over foreigners who have arrived in the country for tourist purposes...

2022 was a record year for the Turkish real estate market: not only sales, but also prices rose. Below are the 3 most popular districts of the country: Esenyurt (Istanbul), which accounted for 14% of the total number of deals concluded in Istanbul. Prices increased by 158% compared to 2021 and...

According to Knight Frank, rental rates in Turkey in 2022 showed the highest growth, overtaking 56 countries monitored by the consulting company. Over the year, the cost of rent in the country has increased by 160%. The fastest growth was recorded in Antalya, where the cost increased fourfold. The...

According to the Turkish Bureau of Statistics, Russian citizens became leaders among foreigners in terms of the number of real estate purchased in Turkey in 2022 - they purchased 16,200 residences. In fact, the demand in this country from the Russians grew by 24% compared to the previous year. In...

In 2023, new construction standards are to be introduced in Turkey, on the basis of which the licensing of the residential facilities’ construction will be changed. The rules provide for the mandatory use of alternative electricity sources. The share of solar panels, wind turbines, and other...

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...