Snapshot: Where the Macro Stands Now Inflation keeps easing. May CPI cooled to 35.41 % y/y, the lowest since late-2021 and well below April’s 37.86 % print reuters.com. Policy on pause—cut in sight. On 19 June the CBRT held its one-week repo at 46 %, but its statement hinted the door is open to cuts once the disinflation trend is “firmly established.” Markets and economists now put high...

The Turkish real estate market witnessed remarkable growth in 2024, reaching 1.48 million house sales, a 20.6% increase compared to 2023. December alone recorded a historic peak with 212,637 sales—a 53.4% jump from December 2023. This article explores the trends driving Turkey's housing market and what it means for investors. Key Trends in Turkey's Property...

In November 2024, the Turkish real estate market experienced a remarkable surge, with 153,014 houses sold, marking a 63.6% increase compared to the same month in 2023. This resurgence highlights a growing demand for housing across the country, despite economic challenges and global uncertainties. Key Highlights of November 2024 1. Sales Volume by ProvinceThe provinces with the highest sales...

Location: Çanakkale Province, European side of the Dardanelles Significance: Built by Fatih Sultan Mehmed in 1462, Kilitbahir Castle is a symbol of Ottoman military ingenuity and an iconic guardian of the Dardanelles Strait. After six years as a museum, Kilitbahir Castle is set to reopen in early 2025 following extensive restoration efforts. This historic fortress, renowned for its three-leaf clover...

Beşiktaş is more than just a bustling district in Istanbul; it’s a vibrant mix of history, culture, and modern urban living. Sitting on the European side of the Bosphorus, it offers something for everyone, from ancient landmarks and scenic waterfronts to lively markets and delectable dining options. Whether you’re a history enthusiast, a property investor, or simply looking for an unforgettable...

Located just south of Taksim Square, Cihangir is one of Istanbul's most vibrant and culturally rich neighborhoods. Known for its artistic flair, narrow streets, and eclectic mix of residents, Cihangir has become a hotspot for intellectuals, artists, expats, and anyone looking to soak in Istanbul’s authentic urban charm.This neighborhood is not only a hub for creativity but also offers breathtaking views...

Şişli, located on the European side of Istanbul, is one of the city's most dynamic and sought-after districts. Known for its strategic position, rich history, and bustling commercial activity, Şişli offers a diverse range of real estate options that appeal to both investors and residents alike. Here’s a detailed look at the real estate landscape in Şişli, including the average price per square...

Fethiye, a jewel on Turkey’s Mediterranean coast, offers the perfect blend of natural beauty, vibrant culture, and modern amenities. It's no surprise that Fethiye has become a hotspot for foreign buyers looking for vacation homes, investment opportunities, or a tranquil place to retire. In this guide, we’ll explore the local real estate market, the best neighborhoods, investment opportunities, and...

Turkey has implemented significant updates to its Turkish Citizenship by Investment (CBI) program, introducing new regulations that enhance transparency, standardization, and compliance. These changes are particularly relevant for foreign nationals pursuing Turkish citizenship through real estate investment. Below is an in-depth overview of these updates: 1. New Documentation RequirementsCitizenship...

Istanbul is implementing a paid entry system in the busy districts of Eminonu and Kadikoy to combat traffic congestion. Known as Congestion Pricing, this initiative aims to reduce density, promote public transport, and enhance urban life quality. Following pilot evaluations, the system could expand throughout the city, aiming for greener transportation.