News and articles

  • A residential complex of 1,100 residences to appear in bagdat in Istanbul

    New large residential projects continue to appear in Istanbul as part of the urban transformation programme, thanks to which, as the authorities assure, there will not be a single apartment in poor condition in the metropolis. One of these is Nevadium Istanbul of 1,100 residences. It will be a branded residential complex by Neva Prestij Yapı. It...

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  • A new multifunctional complex of 167 apartments and 94 offices to appear in Konya

    A new multifunctional complex, including 167 residences, 94 offices and 88 shops, will appear in Konya. The developer is Ahlatçı Otomotiv Inşaat. The complex will be built in Selçuklu. It will consist of four queues-blocks. The land area is 25,300 square metres. The total building area, including blocks A, B, C, D, will be 122,699 square metres...

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  • The metro line from ümraniye to göztepe launched

    Ekrem İmamoğlu, Istanbul Mayor, announced on his official social media account the start of "testing" (test drives) of the important Ümraniye-Ataşehir-Göztepe metro line for the city. As you know, this is a transport long-term construction. The line was suspended in 2017, and it began to be implemented. By the way, thanks to the development of...

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  • Real estate in Turkey: the main news of the past week — march 23-29

    A selection of the most relevant real estate market news in Turkey is in our weekly digest. Experts advise not to delay the purchase of housing: the average cost of 1 sq. m has exceeded $1,000 in the country. Locals are increasingly buying land plots to build more budget houses instead of buying expensive residences. The cost of land is steadily...

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  • Buying housing in Turkey: What foreigners prioritise

    Specialists have conducted a detailed analysis of transactions concluded last year by foreigners regarding residential property in Turkey, comparing the indicators with previous years. Therefore, today, we’ll delve into who is buying what and for how much, as focusing on demand trends facilitates the determination of preferences. At least, the...

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  • 93,902 housing units sold in Turkey in february 2024

    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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  • Accelerating the return on your housing investment through renting

    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: Why is it convenient to live there?

    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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  • Real Estate in Turkey: the main news of the past week – february 24-march 1

    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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  • Ankara and Antalya: Official and Resort capitals of Turkey

    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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