Antalya Airport, one of the favorites among Russian tourists, will undergo significant upgrades. The modernized terminals will start operating as early as April 11, significantly improving passenger convenience. The total area of the terminals will increase by 72%, reaching 330,000 m²....
The real estate market in Turkey showed significant growth in January 2025, with a 39.7% increase in home sales compared to the same month in 2024, according to the Turkish Statistical Institute. The leading provinces in terms of transactions were Istanbul with 18,912 transactions, Ankara (10,158...
In 2025, the real estate market in Turkey is expecting record sales growth, making the current time optimal for investment. Expert forecasts point to possible sales exceeding 1.5 million units, which would surpass the 2013 record of 1.4 million.
Underlying factors for this growth include market...
From the beginning of 2024, a law will come into force in Turkey that will make it more difficult for property owners to rent out their homes for up to 100 days. The main provisions of the new law are as follows.
Short-term rentals will only be allowed for properties with a licence issued by the...
Turkish media are reporting encouraging news: the minimum property value required to obtain a residence permit in Alanya may drop from $200,000 to $100,000. However, these are only plans for now, albeit very encouraging. Journalists from Alanya have held meetings with authorities and public figures...
According to the Central Bank of Turkey's (CBRT) residential property price index (RPPI), prices rose by 2.0% last month and 29.4% year-on-year. However, when inflation is taken into account, the real index fell by 10.4% year-on-year in December. This index, which includes qualitative changes in...
The 2024 high season was a turning point for the Turkish resort of Alanya, with unprecedented growth in tourist numbers. The number of overnight stays increased by 10-15%, reaching a record 22 million. The sector's economic contribution in foreign currency totalled €1.1 billion.
The average...
The property market in Turkey shows significant growth in 2024, reaching a peak sales volume of 3.07 million units. This is 3.9% higher than in 2023. As a result of this rapid growth, government revenues increased significantly. Transaction fees reached 96.13 billion liras (about $2.7 billion), 60...
Turkish house prices fell 12% in real terms in November 2024 compared to the same period last year, according to statistics released by the Central Bank of Turkey in December. The nominal Real Property Price Index (RPPI), which excludes current inflation, rose 2.8% in November and 29.4%...
In Turkey, house prices continue to grow strongly in nominal terms, mainly due to high inflation and strong demand. However, real house price growth is more moderate in 2024. Nominal price growth is expected to slow in 2025, reflecting a stabilisation of market conditions. Analysts forecast that it...
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