Thriving Construction Market in Turkey: A USD 51.64 Billion Growth Story In recent years, Turkey has witnessed a remarkable surge in its construction market, driven by an augmented demand for real estate properties. According to Technavio, a leading market research company, the Thriving Construction Market in Turkey is set to grow by a staggering USD 51.64 billion from 2021 to 2026. Unveiling the...
The 5W1H Approach To Real Estate In Turkey The 5W1H approach to Real Estate in Turkey will answer your questions of; Who, Why, Where, What, When, and How to buy property in Turkey. The WHO in 5W1H Who Can Buy Property In Turkey? Only citizens of the countries determined by Presidential Decree may acquire real estate and limited rights in REM in our country. The legal grounds...
Title Deed Procedure Changes for Foreigners Previously, foreigners who wanted to purchase property in Turkey had to obtain approval from military units in order to get their Title Deed (Tapu). However, a law passed on October 8, 2013, eliminated the need for approval for other apartments in the same building or parcel once one had been approved. Properties located on unapproved parcels, however, still...
Turkey offers Real Estate Investment Prospects with New Projects The Managing Director of Ideal Estates Abdurrahman Kaya stated that the Turkish real estate market has experienced rapid expansion over the past several years and has become a permanent fixture on the global real estate landscape, possibly at the expense of other, more traditional locations like Spain. In this article, we will discuss the...
