Articles by Irina Potorochenko
Data: Turkish property market remained stable in January 2023
In 2023, a trend of declining foreign demand for real estate in Turkey compared to the peak levels of 2022 became noticeable. This trend has persisted into the beginning of this year.
Turkey's property market in 2023: Russians are leading investors among foreign nationals
Following record demand set in 2022, each new complication in obtaining Turkey's residence permit led to a drop in applications and transactions by Russians. Nevertheless, with 10,560 properties purchased in Turkey, they remained the top property buyers among foreign nationals in 2023.
Property market statistics in Turkey: strong domestic demand provided a new round of sales growth in December 2023
In December 2023 the foreign demand for property in Turkey continued to decline compared to the previous year's peak.
Turkey plans to raise the investment threshold for citizenship in 2024
According to one of Turkey's major property news websites, the government has announced that they will raise the investment threshold for obtaining a passport to 600,000 US dollars in 2024.
.png)
Europeans are increasing investments in Thailand's property following the Russians and Chinese
Apartment purchases in Thailand by foreign nationals in the first half of 2023 increased by 66%, according to the latest data from the Government Housing Bank (GHB) of Thailand. Chinese, Russian, US, French, French and British nationals are among the top five in terms of transactions.