Yekta Homes news

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...

According to the state-run Anadolu news agency, 3.06 million properties were sold in Turkey in 2024. A year earlier, 2.95 million sales were recorded. The number of transactions increased by 3.9 per cent compared to 2023, indicating a continued rise in buyer demand. Revenue from Turkish property...

Turkish analysts have said that current house prices are at one of the lowest levels given the economic situation. This is the so-called 'bottom' from which property values are expected to rise rapidly. So now is the best time to buy a house in Turkey. An additional argument in favour of this...

Turkey has introduced significant changes to the process of obtaining or renewing residence permits for foreign nationals and expats. All procedures, including residence registration and fingerprinting, now require an appointment via a special website. It is no longer possible to visit the offices...

In October, property sales to foreign citizens decreased by 16.3% compared to the same period of 2023 and totalled 2,122 thousand. Citizens of the Russian Federation made the largest number of property purchases - 373 transactions. They were followed by citizens of Iran with 172 purchases and...

According to the Central Bank of the Republic of Turkey (CBRT), Turkey's Residential Property Price Index (RPPI) rose by 2.1% in October compared to September, reaching a level of 151.1 on a basic scale. The index recorded an annual nominal increase of 26.8%, but a real decrease of 14.7% after...