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TÜRKİYE Property Market Highlights Q1-2024

TÜRKİYE Property Market Highlights Q1-2024

The report delves into the intricacies of the Turkey property market during the first quarter of 2024. Through meticulous analysis of key statistics and trends by Realty Homist experts, we aim to provide valuable insights for investors, developers, and stakeholders operating within this dynamic sector.

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Istanbul: A Magnificent Host for the UEFA Champions League Final

Istanbul: A Magnificent Host for the UEFA Champions League Final

Istanbul, the captivating city that straddles Europe and Asia, recently played host to the highly anticipated 2023 UEFA Champions League Final. The clash between two European football giants, Manchester City and Inter Milan, took place at the breathtaking Atatürk Olympic Stadium on a historic night. This article delves into the significance of Istanbul as a host city for such prestigious sporting events and the electric atmosphere it creates for fans and players alike

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President Erdogan Triumphs in Turkish Presidential Election, Securing Third Decade in Power

President Erdogan Triumphs in Turkish Presidential Election, Securing Third Decade in Power

In a closely watched electoral showdown, President Recep Tayyip Erdogan has emerged victorious in Turkey’s presidential election, extending his rule into a third decade. Defeating opposition leader Kemal Kilicdaroglu in a tense runoff vote held on Sunday, President Erdogan’s re-election cements his position as the country’s paramount political figure. With nearly all votes counted, preliminary official results announced by Turkey’s Supreme Election Council (YSK) confirm Erdogan’s win with 52.14% of the votes, while Kilicdaroglu received 47.86%.

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Türkiye Property Market Highlights | Q1-2023

Türkiye Property Market Highlights | Q1-2023

The Turkish housing market experienced a decline in the number of transactions during Q1-2023. This was largely due to the earthquake that occurred in the southeast of Turkey in February and the upcoming election on May 14, 2023. Non-Turkish buyers had a very small share of the market compared to 96.4% of Turkish buyers. Istanbul remained the city with the highest number of transactions, with 50,461 units sold, indicating a 12% decrease compared to the same period in 2022.

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Which areas in Istanbul are much safer from earthquake in order to live/invest?

Which areas in Istanbul are much safer from earthquake in order to live/invest?

It is difficult to determine which areas of Istanbul are completely safe from earthquakes, as the city is located in an earthquake-prone region and has experienced several significant earthquakes in its history. Earthquakes can occur anywhere in the city and their impact can be influenced by many factors, including the location and depth of the earthquake, the type of soil and geology in the area, and the design and construction of buildings.

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