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Foreigners are expected to spend over 1 billion dollars on Turkish property in 2017

Foreigners are expected to spend over 1 billion dollars on Turkish property in 2017 Turkish real estate experts expect that local property sales to foreigners will bring about $ 1 billion to Turkey’s economy. These predictions have been made taking into account the fact that new investment program was launched previously. According to this program, foreigners who bought housing of more than 1 million dollars, invested over...

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Real estate in Turkey is going to rise in price in 2017

Real estate in Turkey is going to rise in price in 2017 According to real estate experts, residential properties in Turkey are expected to rise in price in 2017. Financial and economics experts expect that property prices will increase up to 5%. And in popular destinations like Istanbul, Antalya, Alanya, Izmir, Bursa the property prices will grow more rapidly. These forecasts are based on the fact...

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SunExpress expects rebound in Turkish tourism in 2017

SunExpress expects rebound in Turkish tourism in 2017 The general manager of SunExpress believes that that Turkey will become a very attractive holiday destination in 2017 when considering both quality and price. SunExpress, a joint venture of Lufthansa and Turkish Airlines, is an important tourism partner for Turkey. Flying the largest number of tourists to the Mediterranean and Aegean regions of...

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The results of 2016: 1.3 million real estate options were sold in Turkey

The results of 2016: 1.3 million real estate options were sold in Turkey 2016 finished with a slight increase in the real estate sales (4%) comparing with the previous year. After the dip in July, sales started to grow, especially during the period between September and November. The total number of sold in Turkey properties within the year is 1 341 453 homes. 17.3% of sales were made in Istanbul, 10.8% of homes were...

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Results of the last month of 2016 year in Turkey's real estate market

Results of the last month of 2016 year in Turkey's real estate market Property sales in December 2016 remained almost at the same level. The only difference is a slight growth of 0.1%. Top 3 popular cities also didn't change. Comparing with previous December, a slight increase in sales was observed in Izmir. Now it is 6.3% or 8 975 homes. And the number of sales in Istanbul and Ankara fell to 17.6 % and 10.9 %...

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New rules for buying property in Turkey will affect real estate agencies

New rules for buying property in Turkey will affect real estate agencies The commission created by the Customs and Trade Department of Turkey will be responsible for new rules concerning selling and renting real estate. These innovations will be connected with the law which regulates real estate agencies. It will be strengthened. The changes are aimed to rid the market from one-day firms, protect buyers from fraud and...

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What expects Turkey's real estate market in 2017

What expects Turkey's real estate market in 2017 Turkish real estate is investment attractive for locals and especially for foreigners, therefore at the end of the year a lot of analytical and consulting agencies are trying to predict the future of this market. The main trends are related to the increase of housing price, the accelerated demand for residential real estate and increased interest...

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Property sales in November: the curve is rising up

Property sales in November: the curve is rising up Turkey's Institute of Statistics presented a monthly report on real estate sales. October trend continued in November. Comparing with 11 months of 2015, the growth rate became 25.1%. And 132 655 houses were sold which is 2% more than in October. As for geography of sales, Istanbul as always has the leading position (17%) and it is followed by...

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Laid-back holidays with your family in Türkler

Laid-back holidays with your family in Türkler Sandy beaches, lovely coves, mysterious caves have attracted people to Türkler for many centuries. Today this resort is popular among tourists with children, pensioners for comfortable climate, healing pine air and easy entry into the water. This resort town is only in 109 km from Alanya and 64 km from Gazipasa. Such location is very...

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Alanya became closer

Alanya became closer The Aviation authorities of Russia and Turkey agreed to launch new flights between two countries. According to the signed memorandum of understanding, new regular flights will connect Istanbul with Zhukovsky Airport and Grozny and Moscow with Gazipasa Airport in Antalya province. In addition, during the meeting chaired by Deputy of Head of the...

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