Property News from Turkey

Property news releases published by TERRA Real Estate for latest developments on real estate market analysis, Turkish economy,  tourism in Turkey, political matters, property investment and living in Turkey.  

Turkish Airlines Relie l'Aéroport d'Antalya au Monde

Turkish Airlines Relie l'Aéroport d'Antalya au Monde

16 Top des Vols Directs de l'Aéroport Antalya Turkish Airlines en tant qu’une des plus grandes compagnies aériennes du monde assurera des vols directs entre l'aéroport d'Antalya et 16 destinations mondiales. Turkish Airlines a annoncé que l'aéroport d'Antalya sera relié avec les pays européens ainsi que le Moyen-Orient. Cette information est importante pas seulement pour les touristes, mais aussi pour les résidents étrangers, les acheteurs et les investisseu...
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New Law: Foreign Buyers in Turkey Need a Property Appraisal Report

New Law: Foreign Buyers in Turkey Need a Property Appraisal Report

Appraisal Report to Become Compulsory for Foreign Real Estate Buyers According to the announcement published by TKGM (Turkish General Directorate of Land Registry and Cadastre) foreign property buyers will need an obligatory appraisal report to receive a title deed. This new law will apply in Turkey from the 4th of March 2019. In that way, Turkish government...
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Turkish Real Estate Market Review for 2018

Turkish Real Estate Market Review for 2018

 1,375,398 properties were sold in Turkey in 2018 According to TÜİK (Turkish Statistical Institute), 1,375,398 properties were sold in Turkey in 2018. In that period, we observe a decrease by 2,4% in the real estate sales with, at the same time, an increase by 19,39% considering real estate prices. In Antalya Province including
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Property Sales to Foreign Nationals in the first half year of 2018

Property Sales to Foreign Nationals in the first half year of 2018

Foreign Nationals bought 11,816 properties in Turkey in the past six months of 2018. In Turkey, the boom in the tourism sector in 2018 have a good impact on real estate, as well. According to data from the Turkish Statistics Institute (TÜİK), foreigners purchased a total of 11,816 properties across Turkey in the first 6 months of 2018, with an increase of 18,8 % compared to the same period of 2017. In house sales to foreigners, Istanbul
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Turkish Real Estate Price Index, Highest Growth in Europe

Turkish Real Estate Price Index, Highest Growth in Europe

Turkish Residential Real Estate Price Index has the highest growth in Europe with 18,5 % when global house prices shifted in the year to June 2015 rising by only 0.1%. The Knight Frank Global House Price Index established in 2006 allows investors and developers to monitor and compare the performance of mainstream residential markets around the world. The index is compiled on a quarterly basis using official government statistics or central bank data where available. The index’s overall performance is weighted by GDP and the latest quarter’s data is provisional pendin...
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