Yekta Homes news

Turkey's territory is seismically unstable, which has a direct impact on architectural development requirements. Here are a few things to look for when house-hunting: The construction date. Buildings built since 2018 must comply with the updated Decree on the Safety of Construction Work...

Information about refusals to issue a tourist residence permit has been received from Turkey since the end of 2022. However, the authorities have only now commented on the situation. The government is indeed tightening control over foreigners who have arrived in the country for tourist purposes...

2022 was a record year for the Turkish real estate market: not only sales, but also prices rose. Below are the 3 most popular districts of the country: Esenyurt (Istanbul), which accounted for 14% of the total number of deals concluded in Istanbul. Prices increased by 158% compared to 2021 and...

According to Knight Frank, rental rates in Turkey in 2022 showed the highest growth, overtaking 56 countries monitored by the consulting company. Over the year, the cost of rent in the country has increased by 160%. The fastest growth was recorded in Antalya, where the cost increased fourfold. The...

According to the Turkish Bureau of Statistics, Russian citizens became leaders among foreigners in terms of the number of real estate purchased in Turkey in 2022 - they purchased 16,200 residences. In fact, the demand in this country from the Russians grew by 24% compared to the previous year. In...

In 2023, new construction standards are to be introduced in Turkey, on the basis of which the licensing of the residential facilities’ construction will be changed. The rules provide for the mandatory use of alternative electricity sources. The share of solar panels, wind turbines, and other...

On January 1, 2023, amendments to the legislation on obtaining citizenship by investment when buying real estate came into force. The key change that may be unfavorable for foreigners is that they will not be able to obtain citizenship when buying real estate in shares. If earlier spouses purchased...

The Central Bank of Turkey released analytical data on the results of October 2022. The local currency price index rose by 5.4% this month. The annual increase was 188%. At the same time, new housing has risen in price by 177.4%, and secondary housing has increased in price by 190% compared to the...

The Turkish Statistical Institute (Turkstat) summed up the results of sales in the Turkish real estate market for November. According to the statistics, Russians have become the leading buyers of Turkish real estate among foreigners. In total, they concluded 2,575 transactions. Iranians rank second...

The total sales figures for November reached 292,493 transactions. This number is 6% higher compared to the previous month. The stable price growth does not confuse buyers. This fact confirms the potential profitability of investments. Istanbul takes the lead position in the sale and purchase of...