Buying Guide

The lira had its most volatile month in December, falling practically every day and eventually reaching an all-time low of 20.04 against the euro on December 20, when Turkey's currency had lost more than 60% of its value against the euro this year. Turkey is in the midst of an economic crisis, with official inflation rates above 21%, hurting food, fuel, and home goods costs. Are there any advantages of a low lira rate? Economic Inflation and Its Impact on the Turkish Real Estate Market One of the most important areas of the Turkish economy is real estate, whic...

Purchasing a house in Turkey used to be a difficult and time-consuming procedure. However, in recent years, the Turkish government has simplified the regulations for foreigners owning property, and while the procedure is slightly different from most other countries, it is far more simplified. There are a few things to keep in mind when it comes to legal considerations if you are interested in buying real estate in Turkey. Here's a quick introduction to the legal side of purchasing property b...

Every year, a rising number of foreigners look to Turkish property as a way to get into the worldwide real estate market. A more simplified buying procedure, reasonable pricing per square meter, and a large portfolio of resale, new, and off-plan apartments and villas in various places around the country provide the market with a competitive edge over other countries and a good way to make a beneficial investment. While you may be acquainted with purchasing property in your own country, the procedure in Turkey is very different, so in addition to selecting your perfect house, you w...

Everyone who wants to invest, particularly those who have saved money, is asking themselves the same question: Is it a good time to buy a property in Turkey? How did the pandemic impact house prices? and Is it safe to buy property in Turkey nowadays? Impact of the COVID-19 on the Real Estate Market in Turkey The current statistics show that Turkey’s property market continues to grow despite the Covid-19 pandemic and its circumstances, with more than 41,000 new properties sold in September 2020, including 5,269 to foreign national...