Turkey is the champion in real estate prices rating

Turkey occupied the first line in the global rating for real estate prices. The analysis was made by Knight Frank Company which is one of the greatest consulting organizations in the world. The study showed that the cost of apartments in the South Republic increased by 18% in 2015. This figure is several time higher than in any other countries.
Thus, for example, prices in New Zeeland increased by 14.2%, in Sweden – by 12.3%. At the same time purchase of apartments in Ukraine and Greece turned out to be unprofitable. The prices there dropped by 12% and 5%, accordingly. In general, world indicators for real estate prices increased per year by 3% and apartments appreciated in value only in 43 countries among 55 ones analyzed by Knight Frank.

15.03.2016

May be interesting

Life in Turkey

Starting from April 1, electricity and gas bills in Turkey will change, bringing more transparency in calculations.

Starting from April 1, electricity and natural gas bills in Turkey will be issued under a new system. The bills will now show the actual cost of consumed resources, the amount of government support, and the total amount payable.

Whiskey festival in Istanbul!

The Whiskey Festival will be held in Istanbul/Turkey.

Important news

All news

Life in Turkey

Possible reopening of previously closed areas in Alanya for residence permits.

The Turkish Statistical Institute (TÜİK) has sent an official request to the Directorate General of Migration Management to obtain up-to-date information about the closed areas in Alanya.

Gold is breaking records again: the price per ounce has reached $3500.

On April 22, 2025, the price of gold on the global market reached a new historical high of $3500 per ounce. This marked a clear signal amid growing anxiety in the global economy and increased demand for safe-haven assets.

New Airport Terminals Opened in Antalya: Capacity Doubled!

These changes are aimed at enhancing service quality and meeting the growing number of tourists and international flights, especially during the summer season.

Forbes Publishes Updated List of the World's Richest People: Elon Musk Tops the Rankings Again

Forbes magazine has released its new list of billionaires, with the number of billionaires surpassing 3000 for the first time. The leaders of the list are well-known business tycoons and tech giants, including Elon Musk, Mark Zuckerberg, and Jeff Bezos.