According to latest statistics, Mugla is the leading Turkey in terms of foreigners either residing or owning a house in the city. The majority of the properties owned by Greek citizens are located in Istanbul and Bursa. In both cities, the number of properties owned by the Greeks are far more than the number of properties owned by the citizens of the rest of the world.

UNESCO, the United Nations' cultural organization, said plans to build Europe's tallest skyscraper in Istanbul and expand a luxury hotel threaten the former Ottoman capital's historic sites. Turkey should reconsider Four Seasons Hotels plans to expand its hotel in Istanbul's historic center, and by Sheikh Mohammed bin Rashid al-Maktoum's Dubai Holding LLC to build a skyscraper in the business district, UNESCO said.

Emre Camlıbel, chief executive officer of Soyak, speaking on the conference held by the Turkish-American Business Council within Foreign Economic Affairs Association (DEİK) in New York, said, “housing needs arise as a result of the increase in the population, migration from rural areas, desire to renew homes every year. However, only 20 percent of the people who feel this need have the financial resources to buy a new house.”

Almost all major commercial real estate services companies periodically publish reserach reports about the real estate markets they operate in. These reports usually include market overview and specific information about office market, industrial market, retail market, hotel market and residential market. Here are some links where you can download the latest reserch reports about the real estate market in Istanbul. Some links go directly to the corporate websites where you will have to register your e-mail to download the research. Some are setup to download directly to your computer.