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The First of the 6 Bridges in the

Canal Istanbul Project has Begun to Rise

The feet of the Sazlidere Bridge, the first of the 6 bridges in the Canal Istanbul project, began to rise. The route of the Sazlidere Bridge, which will provide transportation between Basaksehir, Kayasehir and Bahcesehir, was revealed with aerial photographs. Canal Istanbul, which is describe...

Turkish Citizenship by Investment for 250,000$

will Increase to 400,000$ on 13 June 2022

In the practice of granting Turkish citizenship to foreigners in return for the purchase of the real estate, the minimum investment amount increased from $250,000 to $400,000 and will enter into force on 13 June 2022. In other words, it is last 12 days to get Turkish citizenship with a minimum i...

Turkish Citizenship by Real Estate

Investment will Increase to 400,000$

The value of the Turkey real estate to be purchased for the acquisition of Turkish citizenship is going to increase.   The value of the real estate to be purchased for obtaining citizenship will be increased from 250 thousand dollars to 400 thousand dollars.   The regulation w...

Top 10 Most Valuable Districts to

Buy Property in Turkey March 2022

The most valuable districts have been announced! Prices in that district increased by 175%!   The top 10 most valuable districts to buy property in Turkey were announced by Endeksa, a technology-focused real estate valuation platform.   Besiktas, Sariyer and Cesme are in the to...

The Russians Demand for

Real Estate Peaked in Turkey!

Turkey is preferred in the first place in international real estate investments by Russians.   Housing sales to foreigners in Turkey increased by 34%  last month and reached 45 thousand 69 units, and it is expected to reach the highest number of housing sales of all time by the end ...

EBRD ups Its 2022 Economic Growth

Forecast for Turkey

International organizations continue to raise their growth forecasts for Turkey in their current reports. Finally, the EBRD increased its growth expectation from 2% for the Turkish economy to 4.5%.   Stating that Turkey will maintain its strong growth with the effect of export-oriented p...

Is Mahmutbey-Esenyurt-Bahcesehir

Metro Line Opening?

The 18-kilometer Mahmutbey-Esenyurt-Bahcesehir Metro line with 11 stations in total, which will serve more than 3.5 million people will open in 2024.   There was a last-minute development regarding the Mahmutbey Esenyurt Bahcesehir Metro, which the people of Istanbul were eagerly waiting...

The Number of Tourists in Turkey

has Exceeded 32 Million

Turkey hosted a total of 32 million 500 thousand 190 tourists in the first 8 months of 2022. Germany ranked 1st in the ranking of the countries sending the most tourists in the first 8 months of the year, with an increase of 105.73% and 3 million 850 thousand 816 people.   The Minist...

The Most Valuable Districts in Real Estate

have been Revealed in Turkey!

The most valuable district in the Turkish real estate market at the last quarter of 2022 is Sariyer, Besiktas ve Cesme.   Entering the last quarter of 2022, the most valuable districts in the Turkish real estate market became a matter of curiosity. Within the scope of the study carried ou...

Real Estate Sales across Turkey

Increase in August 2022

Turkish real estate sales increased in August 2022 compared to the last month with 123,491 sales transactions made throughout Turkey.   Housing sales across Turkey decreased by 12.7% in August 2022 compared to the same month of 2021 and amounted to 123,491 houses.   Accord...

Istanbul Airport Became the First in Europe

with 1,351 Daily Flights

Istanbul Airport became the 1st among the airports in Europe with an average of 1,351 daily flights from 5 to 11 September 2022.   According to the flight report of the European Organization for the Safety of Air Navigation (EUROCONTROL), Istanbul Airport retained its top spot among the b...

Prices of Villas and Detached Houses

for Sale in Istanbul August 2022

As of the end of August 2022, the prices of villas for sale in Istanbul have increased by 144.20% and the average square meter unit is 31,145 Turkish Liras.   The average size of the Istanbul villas and detached for sale is 306 square meters. The average square meter unit price of...

More than 2 Million Turkish Real Estate Sales

Transactions were made in 8 Months

2 million 137 thousand 670 real estate sales transactions were made in Turkey and 24 billion 480 million 235 thousand 785 Turkish Liras title deed fee income was obtained in the first 8 months of 2022.   According to the information acquired from the officials of the General Directorate o...

Turkey's Exports Reached

21.3 Billion Dollars in August!

Turkey's exports reached 21.3 billion dollars in August. Trade Minister Mehmet Mus said, "Our August exports increased by 13% compared to the same month of 2021 and reached 21.3 billion dollars.   This is the highest August export to date. Trade Minister Mehmet Mus announced...

Turkish Economy Recorded 7.6% Growth

in the 2nd Quarter of 2022

According to TUIK (Turkish Statistical Institute) data, the Turkish economy grew by 7.6% in the 2nd quarter of 2022. According to the data, while finance and insurance activities increased by 26.6%, service activities increased by 18.1%, there was a decrease in the agriculture, forestry and fisherie...

New Turkish Passport

Locally Made, Modernized Passports

Turkey will issue new locally made, modernized passports. Locally made Turkish passports will start to be printed as of August 25, 2022.   Interior Minister Suleyman Soylu stated that as of 2023, the printing of new identity cards and driver's licenses will begin.   The In...

Turkey Hosted 26 Million

Tourists in 7 Months!

Turkey hosted a total of 26 million 195 thousand 747 tourists and visitors in the first 7 months of 2022. Germany, the Russian Federation and the UK were the countries sending the most tourists, respectively.   According to the statistics of the Ministry of Culture and Tourism, the numbe...

Residential Property Price Index in Turkey

Increased by 9% in June 2022!

The Residential Property Price Index (RPPI) increased by 9.0%t in June compared to May and became 469.8.   According to Central Bank of the Republic of Turkey (CBRT) data, the price per square meter of a house in Turkey was 13,014 Turkish Liras in June. In this case, the average price of ...

Antalya Surpassed Istanbul in

Housing Sales to Foreigners in Turkey

Antalya surpassed the mega-city Istanbul after 68 months in real estate sales to foreigners in Turkey and saw the peak on a monthly basis.   Antalya has surpassed the mega-city Istanbul after 68 months in real estate sales to foreigners. According to the data compiled from TUIK statistics...

The Works for Sefakoy-Beylikduzu-Tuyap

Metro Line have Begun!

The works for the Sefakoy-Beylikduzu-Tuyap Metro line have begun recently. Continuing its investments without slowing down, Istanbul Metropolitan Municipality started the EIA (Environmental Impact Assessment) process for the highly anticipated Sefakoy-Beylikduzu-Tuyap Rail System Line.   ...

More than 1.8 million Turkish Real Estate

Sales in 7 Months

More than 1.8 million Turkish Real Estate Sales Transactions were made in the First 8 Months of 2022   Monthly data on the sales transactions of Turkish real estate such as land, workplace, residence and building were published. The data published every month shows that Istanbul stan...

The Most Preferred Real Estate Companies

with Customer Experience in Turkey

Customer experience is the key to real estate sales in Turkey. Foreigners prefer Turkish real estate companies with the customer experience and special customer services.   Next-generation customer experience is driving the Turkey real estate market. According to data published by PwC, 73...

5G Mobile Internet

Launched at Istanbul Airport

The 5G mobile internet in Turkey was launched at Istanbul Airport by the Turkish Transport and Infrastructure Ministry today.   Minister Karaismailoglu stated that as of today, 5G service can be experienced at Istanbul Airport, and said, "We will start making the 5G service installe...

Over 6 Million Tourists Came

to Visit Antalya in 2022

It has been reported that the number of tourists who came to visit Antalya, Turkey by air this year has reached 6 million 133 thousand 463.   According to the statement made by the Governor's Office, Antalya is the center of attraction for tourists with its sea, sand and sun as well a...

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Turkey Real Estate News

 

Turkey real estate news, tourism in Turkey and all about announcements and legal issues concerning foreigners like Turkish citizenship, residence permit, investment, live in Turkey.