The Property Market in Turkey: How Local Turks Buy

House hunting on the internet is an ideal way to find property. And Turks in Turkey have special on-line property portals where they go to find properties- there are 2-3 large ones and three or more others that have more than a million properties listed for sale- the whole market. And the portals provide on-site message channels for the buyers to communicate directly with the sellers.

This is the property market in Turkey. It is so well-developed, that there are now several new on-line markets offering variations on the basic theme. To say these markets are ‘popular’ is an understatement: this is now the ‘norm’ for the last five years or more. These markets are where more than 87% of all property in Turkey is bought and sold. Why so much? To put it simply, there is no other way or better way to buy or sell property in Turkey. These are the ‘For Sale by Owner’ on-line property markets in Turkey. These aren’t small experimental fly-by-night start up operations. These are huge business owned by Turkiye’s largest holding companies quoted by NASDAQ on the Istanbul Stock Exchange. This is WHERE and HOW the local Turks buy and sell property in Turkey.

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