Turkey’s real estate market is at a turning point. Interest rates play a crucial role in shaping the market, as they directly affect borrowing costs. When interest rates are high, mortgage rates rise, reducing affordability and slowing demand. Falling interest rates make borrowing more accessible, increasing property purchases.
Bagdat Street in Istanbul, called "Bağdat Caddesi" in Turkish, is a 14-kilometre-long one-way road stretching from the lively Kadikoy district to Maltepe. Hosting a fantastic range of hotels, shops, restaurants, and cafes, Bagdat Avenue rules the Asian city side.
The best international schools in Istanbul city offer academic excellence on all levels. Often sought out by expatriate families, international students learn global skills alongside impeccable educational experiences. Expats in Turkey typically choose international education over public schools because the curriculum and qualifications are vastly different.
Data released by the Turkish Statistical Institute (TurkStat) shows that the Turkish economy shrunk by 0.2% in the third quarter of 2024, during the period July – September. This is the second quarter in a row that the economy has shrunk, following a 0.2% decline during the period of April – June 2024.
When it comes to buying property in Turkey, one of the most common dilemmas buyers face is whether to invest in Istanbul or the sun-soaked coastal regions of Bodrum, Antalya, or Fethiye. While both options have their own appeal, the right choice depends on your goals: whether you're prioritising investment (ROI) and Turkish citizenship or seeking a relaxing holiday home for an extended stay of months at a time.
In Turkish society, daily life revolves significantly around meals, with long mealtimes being a cherished tradition. The kitchen serves as the heart of the home, a place where family and social connections are nurtured. Even in bustling urban centres, families tend to prioritise eating together at home. Sharing meals is seen as a time for bonding, and dining at home is a practice that transcends generations.
Turkey has unveiled a series of comprehensive reform plans aimed at strengthening the economy and boosting its production capacity, with a focus on green investments, digital transformation, and enhancing the supply chain. These reforms are intended to create a competitive business environment, enhance regulatory frameworks, and ensure fairness and efficiency in taxation.
Turkey is on the brink of a massive economic transformation, making now the perfect time for investors to get into the real estate market. With the government’s austerity measures set to ease by the end of 2024, we’re poised to see a liquidity surge into tangible assets like real estate.
Turkey's real estate market is currently in what many analysts refer to as the ‘Buy Zone’ – a period where property prices are more favourable for investors. This phase is intricately linked to the country's inflation dynamics and the government's monetary policies. Understanding this relationship is crucial for investors looking to capitalise on opportunities in the Turkish real estate market.
Investing is a powerful tool for building wealth and securing financial freedom. However, successful investing requires a strategic approach. Here, we explore five core principles that can guide you on your investment journey: getting started, investing regularly, investing enough, having a plan, and diversifying.
Over the past decade, Turkey has witnessed a remarkable surge in foreign real estate investments, with more than 400,000 units being acquired by non-Turkish buyers between 2013 and 2023.
This comprehensive guide will educate you on Istanbul’s real estate dynamics, helping you make informed investment decisions. Our goal is to highlight the segments of the market with the highest potential for return on investment (ROI), particularly for those interested in Istanbul real estate.
With over 20 years of experience in the real estate industry, Cameron Deggin is a recognised expert – successfully investing throughout Istanbul and assisting thousands of clients to do the same. His knowledge of Turkish real estate establishes him as a leading authority in the field. We sought his insights on the best investment segments in Istanbul's real estate sector.
International investors are flocking back to Turkey and are investing in local bonds and credit default swaps (CDS). This shift is driven by the country's impressive progress in monetary policy normalisation, according to analysts eyeing new opportunities for investment.
Turkey is finalising a new regulatory framework aimed at enhancing urban transformation financing and increasing housing supply, according to Treasury and Finance Minister Mehmet Şimşek. This regulation will enable real estate investment funds to directly invest in property development projects, a shift expected to alleviate housing market pressures and make housing more accessible.
Izmir, Turkey's third-largest city, stands as a vibrant testament to economic diversity and historical richness. With a booming economy fuelled by tourism, industry, and agriculture, Izmir generates an impressive national income of 60 billion dollars. The city’s per capita income surpasses 20,000 dollars, highlighting its affluence and ongoing appeal.
Around 12 million tourists visit Antalya each year. It's not hard to see why: the city and wider region are full of wonders. Ruins, beaches, outdoor activities, tourist hotspots - there's something to attract every kind of visitor. This list highlights the things we most love about Antalya. Come and explore the best of the region with us.
As a tourist destination, Antalya has it all: beaches, historical sites, culture, world-class restaurants and a charming city centre. But did you know it's also second only to Istanbul in terms of investment? Capital gains in Antalya are extremely favourable. Add steady rental income to the mix and you'll understand why investors are flocking to Turkey's largest Mediterranean city. Discover a few other reasons Antalya is such a good investment destination.
In Turkish real estate investment, timing matters as much as location. The ‘Buy Zone’ is a key phase when property prices drop to their lowest following a previous cycle of growth. Knowing when a ‘Buy Zone’ is about to occur presents unique opportunities for investors to buy before a new wave of growth starts.
Deciding where to live dramatically impacts your life. With many factors like the cost of living, the real estate market, job opportunities, and lifestyle preferences, determining the ideal location for you and your family is overwhelming. Whether relocating for work, starting a family, retiring, or simply changing your current lifestyle, careful consideration is needed for this massive financial commitment.