Yekta Homes news

Real estate in Turkey is undergoing significant changes against the backdrop of a real price decline that has continued for 8 months in a row. Experts expect this trend to continue in the future. This decline has led to a sharp increase in market activity, resulting in record sales in September,...

Rising living costs and rapid inflation continue to put pressure on rents. Ridvan Akgun, president of the Izmir Real Estate Club, has raised serious concerns, predicting a 50% increase in rents in the first half of 2025.Having started the year with a 25% increase, rents could rise by 50% in the...

According to the Turkish Statistical Institute (TurkStat), foreigners bought 2,022 residential properties in Turkey in September this year, which is 31% less than in September 2023, when 2,930 properties were bought. Property sales to foreigners accounted for 1.4% of the total number of transactions...

Property sales in Turkey continue to show strong growth. According to the Statistics Institute, the number of apartments and houses sold in September 20-24 increased by 37.3% compared to the same month last year. Cities such as Istanbul, Ankara and Izmir recorded the highest number of transactions....

In Turkey, some homeowners avoid renting out their homes because of the hassle involved, including domestic problems. In theory, the law protects tenants, as renting is considered official and the flat becomes their personal space. However, this has led to a situation where owners have been forced...

Turkey's housing stock increased by 84,519 units in the first six months of 2024, according to a report by the Turkish Ready-Mixed Concrete Association (THBB). This is according to statistics published in THBB's September assessment report on the construction industry. THBB also cited other...

According to the Turkish Statistical Institute (TUIK), 134,155 apartments and villas were sold in August 2024, an increase of 9.9% compared to the same month last year. The highest number of transactions was recorded in the following provinces Istanbul (19,467 sales), Ankara (12,496 sales) and...

Analysts anticipate a decline in interest rates by late 2024, which is expected to result in increased capital inflows into the Turkish property market. This shift is expected to begin around April 2025, leading to an accelerated rate of property price growth by mid-2025. Residential properties in...

According to data from Index, an artificial intelligence-powered property valuation and sales platform, property prices in Turkey increased by 36% year-on-year in July 2024. However, the rate of growth is beginning to slow. Adjusted for inflation, in real terms house prices are down 18% year-on-year...

Investing in Turkish property to generate rental income remains attractive not only for local owners but also for foreigners. Aware of this, the Ministry of Finance is tightening measures against tax evading landlords. Over 700,000 cases of non-filing of tax returns have already been detected this...