Turkey undoubtedly continues to be one of the hot spots of real estate sales. In these circumstances, economists start to investigate whether this intense economic activity of the real estate market stems from local or foreign customers. When the customer profiles in the Turkish real estate sales are analyzed, it is revealed that both sides run against each other. Top Cities to Buy a Property:...
Turkey is well-established in the health tourism industry and on target for a twenty billion dollar share in the world health tourism market by 2023 according to Ankara Health Tourism Association (ASTUD). In the last ten years, the number of medical tourists in the world exceeded ten million, with a turnover of over $ 100 billion annually. Health tourism isn’t new. Since ancient Greek...
The Energy Performance Certificate (EPC) became mandatory for all purchase, sale, and rental of buildings and structures as of the date of 01 January 2020. EPC is a document that includes information on the minimum energy requirement and the energy classification, insulation properties and efficiency of heating and/or cooling systems of a building. The aim of the EPC is to use energy and energy...
Turkey’s residential property sales in 2019 totalled nearly 1.35 million, a slightly marginal 2% less compared to sales in 2018 according to TurkStat, Turkey’s official statistics authority (Turkish Statistical Institute). 2019 total home sales figures represent a decrease of 26,669 units sold compared to the previous year. The first-time home sales recorded 37.9% with 511,682 sales and...