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Insights

Istanbul property, read closely.

Market analysis, regulation updates and project notes from the PERGAS team — written for buyers, investors and owners across Istanbul and Dubai.

Latest writing
If you registered a Turkish company before 2024, it may be dissolved on 1 January 2027.
Legal & Residency3 September 20266 min read

If you registered a Turkish company before 2024, it may be dissolved on 1 January 2027.

A Turkish limited company used to require 10,000 lira of capital. Thousands of foreign-owned companies were set up at exactly that figure, because it was the minimum. The minimum has since risen fivefold, and the law gave existing companies until 31 December 2026 to catch up. Companies that don't are not fined. They are deemed dissolved — automatically, without notice, and without anyone having to file anything.

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Istanbul's closed neighbourhoods reopened in June. Nobody has put that in writing.
Legal & Residency2 September 20267 min read

Istanbul's closed neighbourhoods reopened in June. Nobody has put that in writing.

Since June 2026, Turkish property and immigration websites have been announcing that Istanbul's closed neighbourhoods are open again. The reports appear to be right about what is happening at the counter. They are wrong about what has happened in law — because nothing has been published. That distinction is the whole article, and it is the difference between a rule you can rely on and a practice that can stop tomorrow.

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Residency and citizenship in Turkey through property, 2026 — is it 200,000 or 400,000 dollars?
Legal & Residency24 August 202611 min read

Residency and citizenship in Turkey through property, 2026 — is it 200,000 or 400,000 dollars?

Four numbers circulate in Persian-language sources about Turkish property: 75, 200, 250 and 400 thousand dollars. All four were real. Two still are. Confusing them is the most expensive mistake a buyer can make — and it is entirely avoidable.

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You can buy an apartment with a tax number. You cannot switch on the electricity with one.
Legal & Residency24 August 20267 min read

You can buy an apartment with a tax number. You cannot switch on the electricity with one.

You can buy an apartment in Istanbul with a tax number. You cannot switch the electricity into your name with one. The gap between owning a property and living in it is a document nobody mentions until you need it.

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Turkey Property Market, July 2026: Total Sales Down 17%, Mortgage Sales Up 23.7%
Market Insights20 August 202614 min read

Turkey Property Market, July 2026: Total Sales Down 17%, Mortgage Sales Up 23.7%

Total house sales across Turkey fell 17% year on year in July, yet mortgaged sales rose 23.7% — and 30.9% across the first seven months. The cash buyer is being replaced by the credit-dependent end-user, which makes payment-plan design more decisive than pricing.

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Istanbul's inflation runs 3.5 points above Turkey's. If you are budgeting a project here, that gap is the number that matters.
Market Insights13 August 20264 min read

Istanbul's inflation runs 3.5 points above Turkey's. If you are budgeting a project here, that gap is the number that matters.

July data puts national consumer inflation at 31.75% and Istanbul's at 35.20%. The gap repeats every year, and budgeting an Istanbul project on the national figure under-costs it from the day the contract is signed.

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