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Real Estate Market Analysis

Turkish Contractors Shine Globally

Turkish Contractors Shine Globally

Turkish Contractors Shine Globally: A $501.9 Billion Milestone Turkish contractors have made an indelible mark on the global construction landscape, undertaking projects worth an astonishing $501.9 billion since 1972. After a challenging 2022, the year 2023 saw a remarkable resurgence, culminating in contracts totaling $27.392 billion in December alone. Let us delve into how Turkish contractors shine...

Turkish Cities Leading Global Rankings

Turkish Cities Leading Global Rankings

Turkish Cities Leading Global Rankings: Surprising Property Value Surges In the dynamic landscape of global real estate, certain cities have been witnessing unprecedented increases in property values. Despite the challenges posed by rising interest rates in 2023, the allure of real estate investment remains strong in popular cities worldwide. Notably, Turkey has emerged as a standout performer, with two...

Lucrative Investment for Foreign Businesses

Lucrative Investment for Foreign Businesses

Lucrative Investment for Foreign Businesses, A Haven for Foreign Investments Antalya, renowned as one of Turkey's prime holiday destinations, has evolved beyond its allure for vacationers. It has emerged as a hub for lucrative investment for foreign businesses, with a notable surge in foreign-owned businesses, especially following the Russia-Ukraine conflict. Let's delve into the details of this economic...

Featured Property for Sale in Belek

Featured Property for Sale in Belek

Featured Property for Sale in Belek: A Fully Furnished 3-bedroom Apartment in Belek Step into the lap of luxury with this fully furnished 3-bedroom, featured property for sale in Belek, where comfort and leisure converge effortlessly. Ideally situated just a 10-minute stroll from the heart of Belek, this 117 m2 residence offers an oasis of tranquility amidst nearby attractions and amenities. Residents...

Removal of the 25% limit on rentals

Removal of the 25% limit on rentals in Turkey!

Removal of the 25% limit on rentals in Turkey! Economist Nedim Türkmen mentioned in today's column that, in a closed-door meeting with the press, Minister of Treasury and Finance Mehmet Şimşek announced the removal of the 25% limit on rentals. Especially in major cities, housing rental prices have been rapidly rising. However, on July 1, 2022, the government implemented a 25% limit on housing rents....

Featured Apartment for Sale in Oba

Featured Apartment for Sale in Oba

Featured Apartment for Sale in Oba: A 2-Bedroom Resale Gem If you've been yearning for a residence that seamlessly combines natural beauty with urban convenience, look no further than the enchanting 2-bedroom featured apartment for sale in Oba. This residential oasis, nestled amidst the serene landscapes of Oba and Alanya, promises a harmonious lifestyle for those seeking the perfect blend of tranquility...

Understanding Rental Agreements in Turkey

Understanding Rental Agreements in Turkey

Understanding Rental Agreements in Turkey: Do You Need to Renew Your Lease Every Year? Disagreements between landlords and tenants have been on the rise, often revolving around the terms of lease agreements. One common question that arises is whether a new lease agreement needs to be signed every year. Let's delve into the details of understanding rental agreements in Turkey and explore the implications...

Housing prices increased by 86.5%!

Housing prices increased by 86.5%!

Housing prices increased by 86.5%! The Turkish housing market has witnessed an unprecedented surge, with average housing prices increased by 86.5%! skyrocketing in October 2023, according to data released by the Central Bank of the Republic of Turkey (TCMB). This surge marks a significant shift in the dynamics of the real estate landscape, prompting a closer look at the factors driving this surge and its...

Featured Property for Sale in Cikcilli

Featured Property for Sale in Cikcilli

Featured Property for Sale in Cikcilli, Alanya If you're in search of a spacious and luxurious apartment, look no further than this large 2-bedroom resale in Cikcilli, Alanya. This Featured Property for Sale in Cikcilli provides a host of amenities and facilities, promising a comfortable and enjoyable living experience just minutes away from the city center and with captivating views of the surrounding...

Foreign Investors Preferred Antalya

Foreign Investors Preferred Antalya

Foreign Investors Preferred Antalya In Turkey, housing sales to foreigners amounted to 30,599 between January and October, with Antalya leading the way with 11,303 units sold. The sales to foreign investors experienced a 52.9% decrease in October compared to the same month the previous year, totaling 2,535 units. In October, foreign investors preferred Antalya and Alanya within the...

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