News and articles
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CONTENT: Introduction About the city. Geography and climate Politics, economics, finance Science, education, medicine Culture Transport Pros and cons to live in Ankara Specifics of different areas Average indicators for housing in general District rating Average figures considering layout Average figures by...
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Nuances of buying housing in Istanbul: numbers and facts CONTENT Introduction Geography and climate Business and industry Education, sport, culture Transport, infrastructure Istanbul elite locations Investment nuances into city real estate Districts 2020 indicators Real estate prices dynamics in Istanbul over the past 4...
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According to the latest research by Knight Frank, residential real estate in Turkey has significantly risen in price over the past year. In the world ranking of cities with the largest increases in property prices, Izmir and Ankara became the second and third with the growth rate of 27.8% and 27.2%, respectively. Istanbul was ranked the fourth with...
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CONTENT: Why is Mersin so attractive in regards to residential investments? Region Flight connection Local real estate in a nutshell Price behavior for residential real estate in recent times Current housing prices Conclusion (statistics) Housing prices forecast in Turkey for 2021 WHY IS MERSIN SO ATTRACTIVE IN REGARDS TO RESIDENTIAL...
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The Ministry of Environment and Urbanization of the Republic of Turkey insisted on building a rainwater harvesting system on the roof of newly constructed buildings. The corresponding Amendments to the Zoning Regulations have already been published on the official websites. According to the amendments, now, taking into account the growing problem...
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On 26 February 2021, a tender will be held in Turkey for the right to implement Kartepe Teleferik- the cable car in Kocaeli. Tender organizer is the local municipality. The project is considered very promising; it is expected to contribute to Kocaeli transport structure development. The planned length of the cableway which will stretch between...
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Someone who wants to move to Turkey prefers not to buy propert but to rent - at least for that period, while they are choosing a city and region to their mind. This is especially important when you are moving as a family, and you have to choose a place of residence considering children health (https://turk...
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Mustafa Hakan Özelmacıklı, CEO of Altın Emlak, a real estate sales and rental company (a division of ALTIN Şirketler Grubu) has made an important statement recently regarding the number of compulsory earthquake insurances issued for houses. In November 2020 alone - after the notorious October events - 971,895 documents were issued. By the end of...
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The troublesome 2020 for the entire world economy allowed Turkey to perform a real economic miracle against the background of general stagnation. And the epicentre of the miracle was the construction and real estate sector. The first wave of the coronavirus pandemic literally stopped the housing market in the country. In the spring of 2020, no real...
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Last year's home sales in Turkey reached the level of 1,449,000 units sold, which is 11% or 150,587 units more than in 2019. From January to December 2020, mortgage sales of residential real estate in Turkey increased by 72.4% on an annualized basis (573,377 units sold on a mortgage) while direct sales (without mortgages) decreased by 8.9%...
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