Turkey has become an attractive destination for both local and international real estate investors, thanks to its strategic location, booming economy, and recent changes in property regulations. Whether you’re looking to buy or sell property in Turkey, it’s crucial to understand the regulations governing the process. This article provides an in-depth look at the key […]
In a significant move that highlights Turkey’s improving economic stability, Fitch Ratings has upgraded the country’s credit rating from B+ to BB-, with a stable outlook. This marks the second upgrade by Fitch in 2024, underscoring the positive strides Turkey is making in strengthening its external buffers and restoring confidence in its monetary policies. This […]
The report delves into the intricacies of the Turkish property market during the second 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. House Sales Statistics, Q2 2024 Mortgaged House Sales Other House […]
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.
Turkey, a nation at the crossroads of Europe and Asia, is a land of rich history, diverse culture, and abundant investment opportunities. With its strategic location, vibrant economy, and government incentives, Turkey has emerged as a favorable destination for investors worldwide. In this article, we will explore the various aspects of investment in Turkey and how companies like Realty Homist can assist you in making the most of your investments in this promising country.
Source: TUIK In line with economic challenges in Turkey, real estate market continued decline in transaction volume. New baking strategies regarding the increase of interest rates has significantly effected the market. International investors in Turkey account for only 3% of transactions. #homistgroup#realtyhomist#buyhomeinturkey#investinTurkey#residenceinTurkey#homist#istanbul#luxuryhomes#ramsbeyond#emaar#ritzcarlton#bomonti#citizenship#russia#usa#uk#togetherwebuildwealth
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
Comprehensive Guide to All Istanbul Districts for investment in Real estate.
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%.
That being said, Turkey has a large and diverse real estate market, with a significant amount of foreign investment. Despite political and economic challenges in recent years, the real estate market has remained relatively stable and continues to attract investors from around the world.
As summery of our studies we have two scenarios for real estate market:
Scenario 1: If Erdogan wins
The trends of market will continue and housing prices will probably hike during next 5 years.
Scenario 1: If Kilicdaroglu wins