TURKEY’S REAL ESTATE MARKET PREDICTIONS FOR 2019

Turkish and especially Istanbul real estate market is continuing to grow year by year in very rapid steps; the Turkish construction industry increased at a compound annual growth rate (CAGR) of 12.60% during the period of 2009–2017. 2009-2013 at 5.83%, and during the period of 2013–2017 at 8.07 %. A year ago, while residential deals

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TURKISH PROPERTY SALES TO FOREIGNERS SURGE 151 PERCENT IN SEPTEMBER: TURKSTAT

Property sales to foreigners in Turkey skyrocketed by 151.1 percent year-on-year in September, reaching 5,615 units, the national statistical body announced Friday. The number of purchases by foreigners in the first nine months of this year has already surpassed the 12-month figures last year. During this period, foreigners mostly preferred properties in Istanbul, which led

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