The Investment Citizenship Program was launched in the Republic of Turkey in 2017.
In 2017 - 2018, foreign nationals, having bought residential or commercial premises worth one million dollars, could apply for Turkish citizenship. Since September 2018, this threshold has been lowered to $ 250,000,...
Currently, the country's parliament is considering a proposal to introduce amendments to the law "On construction supervision".
If changes are made to this law, then groups of inspectors consisting of geological engineers will inspect the projects under construction. These inspections are to ensure...
Real estate experts say the coronavirus pandemic is the cause of the increase.
The Central Bank of Turkey has cited figures showing the rise in prices for local real estate in the September report. So, in the first month of autumn, the cost of residential properties in the country increased by 27...
Next on the list of Turkish cities most popular with overseas home buyers are Antalya and Alanya.
Last month, residents of different countries purchased 5,258 apartments and villas in this country. Almost half of these properties (2,458 units) are located in Istanbul. The remaining 2,800 units are...
Moscow residents buy more Turkish housing than all other residents of Russia.
According to real estate experts, 55% of all houses and apartments bought by Russians in Turkey belong to people living in Moscow. The number of Saint Peterburg residents who own housing in Turkey is significantly less -...
Experts note that the remote purchase of a villa or apartment may take place, for example, when the borders between countries are temporarily closed, as it was during the quarantine.
They say that the first key benefit of buying a property in Turkey remotely is that you can become an owner of...
Real estate agencies in the country have noted an increase in demand for villas and apartments with balconies which was caused by the coronavirus pandemic.Over the past six months, Turks bought 233% more detached properties than before the lockdown. The most popular options are penthouses,...
From the beginning of the year to the end of the summer, almost 300,000 residents of Ukraine visited Turkey. The total number of foreign tourists in Antalya for the same period slightly exceeds 1 million. It means that Ukrainian tourists are almost a third of all visitors.
The second place has been...
This year the holiday season differs from all previous ones. Tourists from Russia were allowed to visit Turkey only in August, but statistics on the most popular holiday spots is already available. The study was conducted by the Association of Russian Tour Operators.
As before, Antalya is the most...
The country's authorities are going to abandon paper documents confirming property ownership.
In the near future, paper documents will no longer be needed for real estate transactions. The decision to stop using paper media is primarily associated with simplifying the procedure for concluding...
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