In November 2020, 112,483 residential properties were sold in the country. This is 18.7% less than in the same period last year and 6% less than in October this year.
In November the largest number of apartments and cottages, about 21,000 units, were purchased in Istanbul. Ankara was the second...
The list of the countries was made taking into account the average cost per square meter of real estate and the average income in the country.
Acording to the top list, the cheapest square meter is in Turkey. It costs 690 euros. The average income for a Turkish family is 16,523 euros.
The second...
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...
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