Istanbul, the vibrant bridge between East and West, is a captivating city beckoning with its rich history, cultural tapestry, and stunning landscapes. If you're dreaming of owning a piece of this magic, buying a house in Istanbul could be the perfect investment. But navigating the foreign buying process can seem daunting. Worry not! This comprehensive guide will equip you with the crucial considerations to ensure a smooth and successful journey. 

As we bid farewell to 2023, let's take a closer look at the housing market in Türkiye and explore the key statistics that shaped the year.

In the year 2023, Türkiye witnessed the sale of 1,225,926 houses. While this number may seem substantial, it's noteworthy that house sales experienced a 17.5% decrease compared to the previous year. İstanbul emerged as the leader in this landscape, contributing significantly with 16.2% of total sales, translating to 198,739 houses. Ankara and İzmir followed suit with 114,432 and 65,465 house sales, respectively.

On the flip side, some provinces reported lower numbers, with Ardahan, Hakkari, and Tunceli recording the lowest house sales in the country.

Welcome to the Turkish Republic of Northern Cyprus!

Kuzey Kıbrıs Türk Cumhuriyeti

Discover a hidden gem nestled in the heart of the Mediterranean, where golden beaches meet lush landscapes, and a rich blend of cultures awaits your exploration.

When considering a move or real estate investment abroad, it's crucial to weigh various factors that contribute to the overall appeal of a city. In this quick visual guide, we'll compare two fascinating cities - Istanbul and Lisbon - providing insights into their markets, real estate opportunities, locations, weather, ease of investment, and cultural richness.

Are you ready to embark on a journey to find your dream home or establish a thriving business in a new location? Look no further than VIP Property International, your trusted partner in real estate excellence. As a leading real estate agency, we offer a comprehensive range of services to make your property endeavors a smooth and rewarding experience.