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Tag: property investment

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The Property Value For Citizenship Became $400.000

The Property Value For Citizenship Became $400.000 and Now It is On The Official Journal!

In the previous month, the news sources announced that President Recep Tayyip Erdogan and the Presidential Cabinet discussed the property value for citizenship. The changes were according to the rising value of the properties. The amount taken for citizenship had changed and increased. Now it is on the official paper and the decision is signed by Recep Tayyip Erdogan.

Changes in Turkish Citizenship Application

Changes in Turkish Citizenship Application

The conditions of the Turkish citizenship application will have a change. According to the news, the property value taken for the application for citizenship will be increased. The previous amount was $250.000 and now it has changed and become $400.000.

Housing Sales Statistics-March 2022

Housing Sales Statistics | March 2022

Turkish Statistical Institute recently revealed the rates of housing sales statistics of March. According to the statistics, housing sales increased 20.6% in March when compared to the same month last year. The sales went up to 137 thousand 170 and Istanbul had the highest share with 17.9% as 23 thousand 974 house sales. Ankara and Izmir followed Istanbul on the sale rates. Ankara had 12 thousand 609 housing sales and Izmir followed the list with 8 thousand 51 house sales.

Sale Property Turkey - The New Statistics of Housing Sales

The New Statistics of Housing Sales | February 2022

Turkish Statistical Institute announced the housing rates for February 2022. The last official reveal was on January 2022. According to the official rates, the house sales to foreigners became 4 thousand 591 when compared to February 2021. Also, the sales to foreigners had it’s share of all house sales as 4.7% on the statistics.
The new statistics of housing sales on the official website show that, when compared with the same month last year house sales to foreigners increased up to 54.9%. In Istanbul, the sales reached up to 1 thousand 958 and made the city first on the list. Antalya, with a thousand 99 houses follows the list and then Ankara with 288 houses.

Moreover, when compared to last year’s January-February period, house sales to foreigners reached 55.6% . In other words, as the official numbers tell, it became 8 thousand 777 this year.


Turkey Targets Housing Sales Over 15 Billion in 2023!

Turkish properties which have become popular for foreign investors, attract global attention as being powerful investment instruments. In the statement of the Head of the International Real Estate Promotion Association, 45% of foreign nationals buy housing for only investment purposes in Turkey. Also, it is targeted to housing sales Turkey over 15 billion USD  in 2023 according to the statements.