Yekta Homes news

Among foreigners who purchased housing in 2021, 22% did so to get citizenship in the republic. The property value required by law must exceed USD 250,000. In the past year, expats bought 68,168 housing units, the number includes residential real estate. EVA, a real estate valuation consulting...

According to the Institute of Statistics of Turkey, in 2021, the number of transactions for the purchase of Turkish real estate by Europeans increased by 75% compared to a year earlier. The Europeans were in 3rd place after the Iranians and Iraqis in the number of transactions made. But it became...

The results of 2021 have been summed up and showed stunning results: The share of real estate sales to foreign buyers increased by 44% compared to 2020. Prices rose steadily in all popular directions, from Alanya to Antalya, but Istanbul ranked first. 45% of the total number of transactions...

The Turkish authorities have changed the legislation in the payment scheme for property purchased by foreign investors. Until January 6, 2022, applicants for local citizenship could enter into transactions and pay the cost of real estate in any currency. The scheme has changed, although the...

The situation of the lira against the dollar stimulates sales in the Turkish real estate market. A profitable exchange rate provides the opportunity to consider more attractive options and break with the tradition of the sought-after one- or two-bedroom apartments. Sales statistics show that the...

The Turkish coast is in traditional demand among foreigners. However, when planning a purchase, the seller must consider not only the amount that he wants to receive but also the additional costs of registration. They may increase soon. This is a title deed, the so-called TAPU, which is paid to the...

Russian investors are among the top three foreign buyers of real estate. Over the past 11 months, they have purchased 4,494 housing units, 836 of them in November. Only Iranians and Iraqis overtake Russian citizens. In November alone, foreign nationals purchased almost 7,500 properties, indicating...

The record devaluation of the Turkish national currency contributed to the sale of real estate to foreigners. In November, there were over 7,360 transactions, the highest figure for the month. The annual sales growth among foreign nationals exceeded 48%. This was the highest indicator not only for...

Knight Frank published the results of research on real estate market trends for the first half of the year. The global price growth index is based on a study of 55 countries and 150 cities. As a result of information processing, it was found that 10 cities have the highest real estate value. The TOP...

This time, the price spike is not caused by demand but by the local currency situation. Turkey's economy is directly related to construction. Up to 6% of the total GDP is allocated to this area. Thus, economic growth depends on how quickly new property is built and how profitable it is to sell. The...