Euro rates
  • USD/RUB120.2308
  • GBP/RUB132.7305
  • TRY/RUB6.4809
  • EUR/RUB117.201
Alanya
+27°C
1285apartments on site

The Turkish authorities plan to introduce a restriction on rent growth

  • 16.06.2022
  • 895
  • 4
  • 1
The Turkish authorities plan to introduce a restriction on rent growth

This measure is forced, since the increase in tariffs over the past year amounted to more than 182%. The maximum growth was recorded in Istanbul, while offers decreased even against the background of these figures. According to the Minister of Justice, the restriction measure will be temporary and is designed, first of all, to protect Turkish families with an average income who lose out on solvency to wealthy foreigners. Regulation will be carried out on the basis of analytical information obtained in other countries with a similar situation, and within the framework of the current inflation. At the same time, the interests of both tenants and landlords will be taken into account.

Read also
  • Turkey leads in housing price growth
    According to Knight Frank, Turkey ranks first in the world in real estate price growth in the first quarter of 2022. The analytical review examines data from 56 countries. The rate of cost increase in the first quarter of 2022 reached 110%. The Czech Republic (25.9%) and Slovakia (22.1%) are in...
    18.08.2022
  • Provinces of Turkey with the highest rates of real estate price growth
    By the end of April, the overall increase in real estate prices in Turkey reached 147%. Recalculated per square meter, it looks like $503. The Institute of Statistics of Turkey notes that not only have prices increased but also sales, which even Ramadan could not stop. At the same time, Russians are...
    09.06.2022
  • Russians buy record number of real estate in Turkey
    Over the past three months, citizens of the Russian Federation have purchased hundreds of residential properties in the Republic of Turkey. The leading Iranians and Iraqis now rank second and third. This trend began to develop in early March. This is associated with military actions in Ukraine. In...
    02.06.2022
Free consultation

Schedule a consultation with our real estate experts

Vildan van Welsen
Sales representative