Yekta Homes news

The Turkish Republic's Migration Directorate has reported on foreign residents for 2023. Last year saw a reduction in residence permit holders from 1.35 million to 1.11 million. With 250,000 foreign nationals leaving the country, there was a change in the national composition of expatriates:...

The number of new construction permits issued in Turkey grew in 2023. This means an increase in the number of new projects that will be commissioned in 2024. However, this is not enough to meet current needs. Turkey has been leading the world in price growth over the past 2.5 years. Real estate...

Tenants across Turkey have long complained about the rapid increase in rental prices in the housing market. According to a market analysis conducted by Bahçeşehir University's Center for Economic and Social Research (BETAM) in December, despite a slight decrease, accelerating inflation,...

According to statistics for the first 10 months of 2023, 994,000 residential properties were sold in Turkey. This is 14% less than in this period of 2022. On average, the sales figures for the last three years ranged from 1.4 million to 1.5 million housing units per year. Experts attribute the...

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...