House sales increased by 1,5 percent in May compared to same month last year

House sales in May 2017 increased by 1.5% compared to the same month of the previous year and became 116 thousand 558. In house sales, Istanbul had the highest share with 20,489 houses sold corresponding to 17,4%. This was followed by 12,131 houses in Ankara corresponding to 10,8%  and 7,121 houses in İzmir, 6,1 percent of total sales. In Turkey, More...

by Editor | Published 6 months ago
By Editor On Saturday, September 24th, 2016
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Foreign demand for property in Turkey declines despite overall sales rise by two percent

Turkish Statistics Institute (TÜİK) revealed on Sept. 23 that property sales in Turkey had risen by 2 percent on an annual basis in August. The institute also informed 114,751 houses had changed hands in Turkey More...

By Editor On Tuesday, July 19th, 2016
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The rapid evolvement Turkish housing sector has gone through in recent decades

Many years ago the construction sector in Turkey operated in a traditional manner and did not use modern construction techniques and marketing tools. With the heating competition locally and arising of immense More...

By Editor On Friday, July 15th, 2016
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Is Istanbul the new alternative to London for investors from Arab countries?

Istanbul is becoming a shining star for foreign property investors, Arabs to be in the first place as reported by several reliable survey companies. Traditionally London of UK is known as the city to enjoy strongest More...

By Editor On Thursday, July 7th, 2016
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Seafront Seperate (detached) House at Akarca Seferihisar – Euro 185,000

Akarca is a neighborhood of Seferihisar (cittaslow) with best beaches (blue-flag) all along the coast. Seafront Seperate (detached) House at Akarca Seferihisar 231901863 AREA: 330 m2 villa ROOMS: 3+1 AGE: NEW More...

By Editor On Thursday, July 7th, 2016
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Why is Istanbul one of the anchor megacities in Europe?

Based on a survey conducted by a reputable group, Istanbul is listed among the four anchor megacities of Europe. The other three cities included in the same list are London, Paris and Moscow. The mega town is reported More...

By Editor On Wednesday, July 6th, 2016
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Turkish property attracts strong interest from foreigners

Housing industry representatives forecast that amount of houses to be sold to foreigners in 2016 could total up to USD 10 billion. Professional in the sector say in 2015 sales to foreigners remained at about USD More...

By Editor On Tuesday, July 5th, 2016
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Foreign investment in Turkish real estate sector has doubled

Foreign investment in Turkish real estate sector has doubled Foreign investment made in Turkish real estate by foreigners the last 3 years, increased from 2 billion 621 million US dollars to 5 billion dollars. Experts More...

By Editor On Tuesday, July 5th, 2016
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Seferihisar, a cittaslow town 40 km south of Izmir for foreigners wishing to settle down in Turkey

Turkey has been among the few destinations for quite a while now to attract foreigners from European countries (not to forget Arab countries certainly) in search of a second home and sometimes a place for settlement More...

By admin On Monday, July 4th, 2016
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Must reading for foreigners seeking to buy property in Turkey

Despite worsening relations between Turkey and the western world, real estate sales to foreigners seem to have largely increased especially after some favorable changes in legal code. It is noteworthy to see that More...

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