News and articles
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According to analysts, the price per square metre of residential real estate in Turkey has exceeded TL 30,000. After December 2021, January 2024 was marked as "having the lowest rates and the slowest price growth" in the last 25 months. In addition, rising real estate prices, interest rates on bank housing loans and credit restrictions for...
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The Office of Mass Housing Construction (TOKI) is launching a new project in the capital of the Republic of Turkey, Ankara. The project will be located in Gölbaşı and include a total of 545 housing units. The project of a residential complex with more than half a thousand apartments will include 18 commercial areas for shops. The tender to search...
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Home sales to foreigners in March sank by 47.9% compared to the same month last year (a total of 1,778 units), and decreased by almost the same amount in the first quarter — January-March — by 48% compared to the same period last year: a total of 5,685 housing units. As a result, the citizens of the Russian Federation bought the most, who have been...
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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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The dream of Antalya residents will soon come true: a high-speed train station will appear in the resort capital. This railway will connect Antalya with Eskişehir, which will reduce the way between Istanbul and Antalya to 4 hours and 45 minutes. Abdulkadir Uraloğlu, Minister of Transport and Infrastructure, told residents about it. So, Antalya...
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March 2024 was a showcase month for residential property sales in Turkey: the total slump in deals, which began last autumn (winter stagnation and uncertainty in the run-up to the March elections), decreased to a minimum of 0.1% this month compared to March 2023. Although people trust mortgages less and less. Here are the exact numbers for...
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Istanbul’s trading companies, which moved their shops and offices away from the city centre, focused on the central districts.The main reasons are transport and logistical problems and staff difficulties outside the city. As you know, the move was caused by an increase in rental rates and the emergency condition of many buildings in the centre of...
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There will be 1,116 new properties in Gölbaşı (Ankara) in the residential complex, which is called Jewell Premium Incek. The Ünsal Park Yapı developer has started implementing a huge housing construction project, which will consist not only of the already mentioned almost 1,200 apartments, but also 22 commercial zones (shops). Its site covers an...
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"The elections are over — new taxes or their increase are coming," the Turkish media exaggerate the painful topic. Another tax hike is expected in the country: it is inevitable due to inflation. However, there are rumors about a new real estate tax, for example, an increased tax on valuable housing: the authorities plan to collect TL 115 million in...
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Turkish developers have implemented projects worth $4.3 billion outside the country, although the domestic market faces some difficulties. In particular, the requirements for developers will be reviewed. The largest housing stock for sale is located in the Marmara region, but there is a shortage in Northern Cyprus, which is experiencing a surge in...
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