Latest Turkey Real Estate News

Turkish government lifts PCR test requirement at entry to Turkey. From June 1, there would be no requirement for PCR with a negative result for entries to Turkey.

The amendment on the subsequent acquisition of Turkish citizenship was published in the Official Gazette. The amendment makes it possible to purchase real estate worth 400 thousand dollars.

A hike in house prices which have recently seen price increases exceeding 100 percent, also came after 3 separate housing packages announced by President ERDOGAN.

Minister of Trade Mehmet MUS and Minister of State for Foreign Trade of the United Arab Emirates Thani Bin Ahmed Al Zeyoudi held a press conference for the “Turkey-United Arab Emirates Comprehensive Economic Partnership Agreement”.

According to a recent study on the change in house prices for sale in all cities, the increase in Istanbul was 118 percent, followed by Ankara with 104 percent and Izmir with 84 percent, on an annual basis.

Turkey's exports to the United Kingdom increased to US$ 3 billion 57 million 155 thousand in the first quarter of 2022 with an increase of 12.2 percent compared to same period last year.

It has been announced by the authority that the value of real estate to be bought when applying for Turkish citizenship will be increased from US dollars 250 thousand to US dollars 400 thousand.

Minister of Transport and Infrastructure Karaismailoglu stated that the Gayrettepe-Kağıthane-Airport metro line has been completed by 97 percent adding, "We aim to open the section between Kağıthane and Istanbul Airport within 4 months.

The EximBank of the United Kingdom will finance the construction of this longest high-speed train project in Turkey.