News and articles
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Dear friends! We are pleased to invite you to the webinar: "Real Estate in Turkey: Unique investment opportunities" At the webinar, we will introduce you to a new project in Turkey for profitable investments. This project is suitable for investors with a resale and rental strategy, as well as for those looking for the perfect home for themselves...
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Content: Leading and underperforming cities Mortgage transactions: 8,827 Other transaction categories: 85,075 Primary housing sales: 28,594 Secondary housing sales: 65,308 Sales to foreigners: 1,846 Leading and underperforming cities According to data announced by the Turkish Statistical Institute (TÜİK), housing sales in February...
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The prices of residential property in Turkey continue to rise. As a result, fewer and fewer people can afford to buy flats in general, let alone make spontaneous purchases. Consequently, the percentage of the population living in their own residences is decreasing, while the need for renting, among the most diverse categories of residents...
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Mersin has been a rising star in Turkey’s property market for a number of years, rapidly becoming not only an enriched resort town with a large-scale infrastructure but also a great place to live, thanks to the development of transport networks and social services. It is well suited for comfortable living all year round. And in light of the latest...
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According to our tradition, we publish every Friday the latest news about real estate, construction and transport infrastructure in Turkey over the past week. Last year's economic difficulties continue to affect the entire sector. For example, the number of building permits issued has tripled compared to the annual average several years ago...
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At the top of the most demanded provinces in terms of buying real estate in Turkey, there are two megacities that can be considered the "capitals" of the country: the resort and the official. That is, Antalya and Ankara: the first is the Mecca of foreign investors, the second is gaining popularity as the most stable territory in terms of...
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Mansur Yavaş, the mayor of the metropolitan municipality, pleased the residents of the capital with good news: the authorities have launched a new round of investments in the development of the metro in Ankara. The city will expand the M2 line with a length of 9.36 km, consisting of 5 stations (Koru-Yaşamkent and Koru-Bağlıca), and the M4 line...
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High prices are an obstacle to buying a home in Turkey. So, the share of families with their own houses and apartments is gradually declining. This figure was above 60%, but dropped to 58%. This happened because housing in Turkish lira has risen in price tenfold over the past few years. Meanwhile, the annual demand of Turkish residents for housing...
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The Office of Mass Construction (TOKİ) is launching four new campaigns with the support of the Ministry of Environment, Urbanization and Climate Change. Four residential complexes will be built in Istanbul and Ankara for low-income families. Tenders for all four projects will be held in late February and March 2024. The total number of apartments...
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A brand-new project of 539 residences has been launched in Gaziantep, Şahinbey district. The cost of the project is 438,825,000 TL. The project is called Lalav Antepia Plus named after the Lalav Group developer. This means that it is a branded complex. The area of the construction site is almost 75,000 sq. m. It does not require an environmental...
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