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TURKEY NEWS

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News About Foreigner Housing and Property in Turkey

 
News About Foreigner Real Estate Turkey

Welcome to the upgrade of our market news section. Here you will find news and updates about the housing market, law and regulation changes, answers to most your questions

If you are looking for something recent in particular click on below news links for more information and updates.

 
 
 

Foreign Buyers Prefer to Purchase Housing in Antalya, Istanbul and Aydin

According to a report from Turkish Property World real estate agency in Antalya, in year 2013 the statistics of TUIK showed that a total of 1 million 157 thousand houses were sold in Turkey, where 12 thousand units were purchased by foreign international buyers. Among the popular locations where housing developments and projects continue Antalya is taking the lead, followed by Istanbul and Aydin.

 
 

Foreigners Get Turkish Tapu Ownership Transferred in 3 Days

A recent housing law amendment in January 2014 by the General Directorate of Land Registry TKGM allows foreigners to get the tapu name title transfer to their name very quickly. During the past years the buying process for both Turkish and foreigners were the same, however foreigner buyers had to wait for the Aegean Military approval paperwork to come back that took anywhere from 1-3 months then complete the purchase.

 
 

Antalya International Airport Hits High Record Day for Tourists

With the coming summer season Antalya city has broken it's own record with the rush of holiday makers and tourists. The other day Antalya International Airport recorded the highest arrival in history with 175 thousand 806 passengers, and a total of 985 flight traffic.

 
 

Foreigner House Buyers Get 1 Year Residence Permit in Turkey

The Turkish government has made house and real estate purchases easier in Turkey for foreign citizens. With the lift of the Reciprocity law for foreigners buyers, 180 country citizens are allowed to buy real estate in Turkey. The change is to encourage foreigners and companies to make more investment and business in Turkey that is estimated to bring an additional $30 billion into the economy by the end of 2014.

 
 

Who Can Buy Property in Turkey, and Who is Not Allowed To Buy

According to the new law of reciprocity, the number of countries, whose citizens can purchase property in Turkey was increased from 53 to 129. An additional list of 52 countries can purchase, however, special permissions are required. Some countries cannot buy real estate in Turkey.

 
 

Why Russian Buyers Choose Antalya To Buy Turkey Real Estate

Turkey is actually the first most popular choice among Russian buyers as outlined by a survey conducted at the major Moscow home property show. Leading Russian overseas property agents Turkish Property World conducted the particular survey of 431 Russian buyers at the Moscow International Expense Show in October 2014. They found which Turkey was another most popular country among Russians thinking about overseas property, outdone by Egypt and Cyprus in second.

 
 

Turkish Housing Sales Report To Foreigners Passes 15.000 From 2014 Jan-Oct

According to the information collected by the Turkish Statistical Institute (TUIK) the residential sales data from October, shows more interest in Real Estate sales by foreigners. This year's 2014 January-October period in residential sale to foreigners during the same period last year rose 66% compared to 15 thousand and 417 has been reached.

 
 
 
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