76.000 Properties Sold in Istanbul in 4 Months

76.000 Properties Sold in Istanbul in 4 Months

The Turkish Statistical Institute announced housing sales data covering the period January – April 2017. Accordingly, in the first four months of the year in Istanbul, a total of 76 thousand 99 properties have changed hands. Last year, the number of properties sold in the period was 75 thousand 198 units. Properties sold in Istanbul […]

Districts in Istanbul Most Real Estate Sold in 2016

Districts in Istanbul Most Real Estate Sold in 2016

Turkey Statistical Institute announced property sales figures for the year 2016. Istanbul ranked first with 17.3 percent share with a volume of 232 thousand 428 housing sales. How many properties were sold in which district of Istanbul? Here is the table where Esenyurt is remarkably ahead. Arnavutköy 3.954 Ataşehir 5.851 Avcılar 6.702 Bağcılar 4.088 Bahçelievler 7.465 […]

Do Opportunities Last Forever?

Do Opportunities Last Forever?

As TUIK announced the sales figures for November, some of my friends from outside the sector said, “You told us markets were slowing down, how has sales figures increased so much?” As you know, in November, residential sales increased by 25.1% compared to those in November last year. How can the housing sales figures increase […]

Foreigner Interest in Property Projects in 2016

Foreigner Interest in Property Projects in 2016

Branded property projects were also among the foreign investors that invested in Turkey in 2016. How much of the sales realized within property projects were made with foreign investors? Which property types showed foreign investors’ interest in real estate investment? Here is the analysis of first-hand apartments foreigners who invested in real estate in Turkey […]

Istanbul Falls to 17th in World League

Istanbul Falls to 17th in World League

According to the report covering 150 world cities, in the third quarter of this year, Istanbul’s price increase was reduced by 14 steps. Ankara and İzmir also received a major fall. Chinese cities play role in fall UK-based global real estate consulting firm Knight Frank has released its third quarter results of the global housing […]

Property Record Could be Broken Again

Property Record Could be Broken Again

According to TUIK data, the sales of residential properties in Turkey increased by 17,8% in September 2016, when compared with the same month of the previous year, reaching 108 thousand 918. The views of Özen Kuzu, member of the Board of directors of the Kuzu Group, on the matter, are as follows: “It has been […]

New Properties on Istanbul European Side Mount up to 101.000

New Properties on Istanbul European Side Mount up to 101.000

According to a “Report on the Energy of Real Estate” life has begun at 101 thousand 351 residential properties in the first 9 months of 2016, for the first time. The number of moves to existing buildings, which was 270 thousand 433 in the first 9 months of 2015, fell by 10,7 percent to 241 […]

Esenyurt Outscores Other Districts in Property Sales

Esenyurt Outscores Other Districts in Property Sales

According to the data of the Turkish Statistics Agency (TUIK), 826 thousand 893 residential properties have been sold throughout the country in the first 8 months of the year. While Istanbul is in first place with 146 thousand 648 properties, when the distribution of the districts within the mega city is looked at, it can […]

Citizenship for Foreign Nationals to be Announced Next Week

Citizenship for Foreign Nationals to be Announced Next Week

Citizenship for those who purchase residential properties Nihat Zeybekci, the Minister for the Economy, who spoke at the forum organized by the international media organization, Global Connection, said that companies from the two countries would be financing investments in third countries, with the Turkish – Russian Joint Investment Fund, which is to be established in […]

Citizenship for Foreign Nationals who Buy Property

Citizenship for Foreign Nationals who Buy Property

The steps have been prepared for Turkey to make its mark on 2017 with its economy. Nihat Zeybekci, the Minister for the Economy, stated that they would lighten the burden of the private sector even further, and said that they would be moving into a period of incentives which are specifically tailored to individuals and businesses. […]