Construction cost index increased by 27.82% annually and 7.44% monthly In January 2021, construction cost index (CCI) increased by 7.44% compared with previous month and increased by 27.82% compared with the same month of the previous year. Material index increased by 3.22% and labour index increased by 17.69% compared with the previous month. Also material index increased by 32.17% and labour index...
TAPU is an official legal document confirming the owner's rights to real estate, in other words, the valid title deed of a property. The title-deed, TAPU, contains information about the name of the owner, the type of property, and in which area the property is located. When you register for a TAPU, there are some important points that you have to pay attention to: Any debts or any kind of...
This report under the general title of "Housing Market Overview" prepared by Bahçeşehir University Center for Economic and Social Research (BETAM) using the sahibinden.com data pool; 2017 September - 2020 December period, rent and the current price of the sale housing market (announced price) and the price adjusted for inflation (real prices), sales volume and unpublished developments in...
One of the most popular investment choices for Turkish locals is still real estate, according to the latest survey. Despite everything that has happened over the past year, Turkish real estate continues to be the investment that citizens have called the most satisfying. Real estate satisfaction in Turkey The survey entitled, “Turkey Household Financial Perception and Attitude Survey” was undertaken...
In Turkey, a million 499 thousand 316 houses were sold in 2020 In Turkey, house sales increased by 11.2% in 2020 compared to the previous year and hence, became a million 499 thousand 316. In the January-December period, sales of mortgaged houses were 573 thousand 337 and increased by 72.4%, and in other types of sales, it was 925 thousand 979 and decreased by 8.9%. The share of the mortgage sales were...
Here are some links that will make it easier for you to handle your real estate business in Alanya. Alanya Municipality Services(Alanya Belediyesi E-Belediye Sistemi) With its e-municipality services, ALANYA MUNICIPALITY can query your municipal transactions (Notification, Debt, Accrual, Payment, Collection, Document Tracking, Tax Information, Land m2 Prices, Construction Costs, Erosion Rates, ÇTV...
Located on the routes of migration throughout history, the geographical position of Turkey has made it a bridge that connects East to West.¬¬ In addition, as a result of the increasing economic power and political stability, the “transition zone” status of Turkey for migration has changed in recent years and Turkey has become a “destination country” as well. As a heritage of our civilization,...
A general overview of the land registry and cadastre system in Turkey. In our country, land registry is the registry maintained under inspection and supervision and strict liability of the State. Under Article 1007 of the Turkish Civil Law, the State is responsible for any losses arising out of the land registry maintained. In Turkey, land registry procedures such as sale, grant, transfer by...
Property purchase costs Turkey Some of the most inquiries that come to mind about property purchase costs Turkey are taxes, cost of property transfer, after purchase costs and if these costs are covered in the advertised price of properties. Accordingly, the costs attributed to the purchase process should be clear and transparent before completing the purchase process. Erta International Real Estate...
There are many reasons for owning a real estate in Turkey. The purpose of buying a property is not just for a summer holiday, but at the same time is a huge investment opportunity. This is because Turkey has become one of the largest real estate markets in the world. The maximum possible loan amount is 70% of the purchase amount. While the mortgage loan can only be obtained in major cities such as:...
