News and articles

  • Wyndham plans to open 39 more hotels in Turkey

    The Wyndham Hotels&Resorts international hotel chain has announced that it is going to expand in the Turkish market bringing the number of hotels under their own brands to 150 by the end of 2025. So, in addition to 111 hotels, another 39 are expected to open in the country. The portfolio of Wyndham Hotels& Resorts includes 9,200 hotels in...

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  • The famous shopping centre in Ankara to be put up for sale

    The famous shopping center — Taurus AVM — located in one of the central districts of the Turkish capital, Çankaya — is one of the most popular in Ankara. So, the news agenda was shaken by the information that it is being put up for sale for TL 2.482 billion. The auction will take place on May 29, 2024, and the mall will go under the hammer for...

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  • The largest housing stock for sale is located in the Marmara sea region

    Analysts have named the province in the Marmara Sea region with the largest housing stock for sale. This is Kocaeli: 26,974 residential units — apartments and houses — are waiting for new owners here. The total number of lots for sale in March 2024 increased by 3% compared to February — by 983,520 units. Overall, the Marmara Sea region and...

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  • There are 21,000 hotels in Turkey

    The media announced the number of hotels in Turkey in this new tourist season. As of the end of January 2024, the number of hotels certified by the Ministry of Culture and Tourism of the country has exceeded 21,000, and the number of places will soon exceed 1.8 million. This is 1,790,976 residential lots, excluding rooms in guest houses and villas...

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  • Foreigners investing in Turkish properties: What they buy and why?

    TurkEstate went into detail about the preferences of overseas investors over the past three years, from 2021 to 2023. However, we’ll focus on other aspects such as statistics on "citizenship by investment", prospects (and figures) for investments in land plots and interest in Northern Cyprus, an up-and-coming location that currently lacks the...

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  • Alanya is gasified at a rapid pace

    Some properties in Alanya (Antalya) will be powered by natural gas through a gas pipeline. It is expected that the new mayor in Alanya who has been elected recently will help speed up the projects in the city. The project has until recently been overseen by former mayor Adem Murat Yücel, who announced that an important stage of laying a gas...

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  • Real Estate in Turkey: the main news of the past week – april 6-12

    Spring is approaching its midpoint, and  we are talking about the current trends in the real estate sector for the first quarter of the year. Winter market stagnation and recent elections have slowed down sales. The implementation time has also increased averaging 68 days nationwide and 74 days in Istanbul. The volume of mortgage transactions...

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  • The most sought-after districts in Istanbul for rental

    Istanbul continues to lead Turkey in real estate sales volume and is among the top 3 investment destinations for foreigners. Property prices in the metropolis are rising steadily and demand from tourists, businessmen and project workers is year-round. One of the characteristics of sought-after housing is good accessibility. The road network of...

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  • A complex of apartments with private gardens is underway in Istanbul

    The Dekar Yapı developer is building the branded Dekar Şehirbahce complex in Istanbul, in the Basakşehir district. There will be apartments with separate entrances. However, the feeling of an "independent home" is enhanced by a small garden for each residential lot. The layouts are 2+1 and 4+1, with 2 and 4 bedrooms. There will be 181 properties...

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  • Turkey reveals the best 5* hotels in 2024

    According to users, TripAdvisor has updated the list of the best 5* hotels in Turkey. Based on the 2024 evaluation, they were deemed: 1st place — Lara Barut Collection 2nd place — Conrad Istanbul Bosphorus 3rd place — Concorde De Luxe Resort 4th place — Hilton Istanbul Bomonti Hotel & Conference Center 5th place — Rixos Premium Belek — The...

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