News and articles
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The Minister of Environment and Urban Development of Turkey Murat Kurum has announced that the Republic will soon take measures aimed at reducing the cost of new housing. The main step in this direction will be the 100% use of Turkish building and finishing materials. If the country produces all required construction materials ad use them in...
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Perhaps the main event of the week was the entry into force of the new rules that regulate the work of realtors in Turkey. Since August 31, only licensed agencies have the right to sell or rent apartments in Turkey: realtors who advertise their properties on social networks without new permits will face heavy fines. The authorities hope that the...
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The international real estate analytical portal Global Property Guide has published data on the global growth rates of house prices in the second quarter of 2020. The report covered 49 countries, in 33 of them property prices rose in line with inflation despite the coronavirus pandemic. A steady rise in prices was observed in Thailand (+ 8.16...
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Turkish Minister of Environment and Urban Development Murat Kurum visited Bursa last week and initiated a major urban renovation of the fourth largest city in Turkey. Large-scale transformations, fully funded by the ministry, await the largest district of Bursa - Yildirim. The renovation will affect 250 thousand apartments (1200 residential...
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In 2020, the number of residents of the district exceeded 40 thousand people and most of them are expats. If you are thinking of buying an apartment in this expat-friendly resort, check out our ultimate guide on the best property options Mahmutlar has to offer Turk.Estate. Apartments in Mahmutlar on the front line Perhaps the main...
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According to the data published in the quarterly real estate market report in Turkey, 624 thousand apartments and houses were sold in the country for the six months of 2020. What preceded this? The last quarter of 2019 (as well as the first two months in 2020) turned out to be quite busy for the Turkish economy and its commercial structures....
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Emlak Kulisi, the Turkish real estate newspaper has published the data on the licenses for the construction of apartment buildings in Turkey issued in the first half of 2020. According to the published report, the number of licenses issued almost halved in the first six months of this year: 45.5 percent compared to the same period in 2019. The area...
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Despite the fact that sales of Turkish real estate increased in the first half of 2020 by 23.5 percent compared to the same period in 2019, the share of foreign buyers was only 0.9 percent of the total number of transactions. The reasons for such a sharp decline in overseas investments are the coronavirus pandemic, restrictions on international...
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Emlak Kulisi has published an analytical report on the state of the Turkish real estate market in the first half of 2020. According to official data released by the construction and real estate newspaper, the growth rate of home sales in the first six months of 2020 reached 23.5 percent. The growth rate of sales of mortgage apartments and houses...
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People's requirements to housing have considerably changed since the pandemic is no longer a bookish medical term but part of our reality. Now, working on new residential real estate projects in Turkey, architects and designers are trying to make housing as functional as possible: taking into account the latest needs and requirements dictated by...
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