Istanbul Rental Market Update – Prices Continue to Soar! Are you considering renting or investing in Istanbul? The city’s rental market is more competitive than ever, with prices reaching unprecedented levels. In some districts, monthly rents now exceed 60,000 TL. Therefore, it is essential to act swiftly whether you're seeking a home or a profitable real estate investment. In this update, we’ll...

New Record in Real Estate: 472,000 Units Sold in Two Months The Turkish real estate market has kicked off the year with an unprecedented surge, recording a historic high of 471,694 units sold in the first two months. Notably, this remarkable figure represents a 13.2% increase compared to the same period last year, solidifying Türkiye's position as a thriving hub for property investment. A...

What Property Owners Need to Know About Real Estate Rental Income Tax Are you a property owner in Türkiye earning rental income? Understanding the latest tax regulations is crucial to maximizing your profits and staying compliant with Turkish tax laws. In this guide, we’ll break down the 2024 real estate rental income tax rules, including exemptions, deductions, and filing deadlines, to help you...

How Realtors Assist Foreign Buyers in Navigating Türkiye's Property Market Are you considering investing in Türkiye's booming real estate market but feeling overwhelmed by the complexities of buying property in a foreign country? You're not alone. Türkiye's property market has become a hotspot for international buyers, thanks to its stunning landscapes, affordable prices, and attractive...

Expert Insight: Gökhan ÖZBEK – Selection Top Seller Broker in Istanbul on Türkiye Real Estate Trends for 2025 Gökhan ÖZBEK, a renowned Selection Top Seller Broker in Istanbul, shares invaluable insights into the evolving Türkiye real estate market. With extensive industry experience and a proven track record, he explains why 2025 is set to be a transformative year. Gökhan emphasizes that a...

New Immigration Policy in Türkiye: Stricter Conditional Entry Regulations Effective February 2025 The Istanbul Airport Directorate of Migration Management has introduced a significant change in immigration policy, effective February 1, 2025. Under this directive, foreign nationals who violate their visa conditions cannot enter Türkiye unless they sign a Conditional Entry Declaration. Reports suggest...

In today’s globalized world, wealthy individuals are increasingly seeking second citizenship as a backup plan. Factors such as better education, improved healthcare, climate crises, and visa difficulties are driving this trend. Among the top destinations for second citizenship, Turkey has emerged as a leading choice, ranking in the top 5 for citizenship demand. The Rising Demand for Second...

Türkiye is a country that offers a unique blend of rich history, stunning landscapes, and vibrant culture. Whether you're moving for work, study, or simply to enjoy the Mediterranean lifestyle, finding the right apartment is crucial. At Select Turkey, we understand that the process can be overwhelming, so we’ve put together this comprehensive guide to help you find the perfect apartment in...

Turkey’s real estate market has become increasingly attractive to both locals and foreigners, thanks to its booming economy, stunning landscapes, and affordable living costs. However, navigating rental agreements can sometimes be tricky, especially when currency preferences come into play. A common issue arises when a rental agreement is drafted in Turkish Lira (TRY), but the property owner insists on...

Buying a home is one of the most significant investments you will ever make. Without proper guidance, buyers can easily fall into financial pitfalls, overpay for a property, or overlook critical details. This is where experienced realtors play a crucial role. They help buyers navigate the complex real estate market, ensuring that every decision is well-informed and every dollar is well spent. Here’s how...