News and articles
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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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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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There is the light at the end of the tunnel: foreigners were promised to make the procedures of obtaining a residence permit much easier. However, there is no question of opening areas that are closed for obtaining a residence permit under TAPU and lease agreements. Nevertheless, the authorities intended to return tourists who left the country...
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Orjin Gayrimenkul Grubu has become the full owner of İstinyePark Istanbul AVM. The company owned 58% of the shares of this well-known shopping centre in Istanbul. It bought the remaining 42% from Doğuş Turizm Sağlık Yatırımları Şirketi. Thus, Orjin Gayrimenkul Grubu is the owner of a full stake in the İstinyePark Istanbul AVM shopping mall and...
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The project of the residential complex from Turkish Airlines (THY) continues to attract attention. This is a social project in the Arnavutköy district of Istanbul being built by two companies — THY and Emlak Konut. The name of the new complex is Yenişehir Evleri Arnavutköy, and we wrote here about quotas for population groups who will be able to...
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The Central Bank of the Republic of Turkey confirmed, referring to the monthly Housing Price Index, that the value of residential real estate in dollar terms has been declining for the fourth month. Housing in Istanbul rose in price by 1.2% in Turkish lira in January 2024, in Ankara — by 2.4%, and in Izmir — by 2.8% compared to December 2023. As...
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Despite declining credit sales in 76 provinces, mortgage housing is in the highest demand in the remaining five. Moreover, the most unexpected growth for analysts was recorded in Adana, Gaziantep and Diyarbakır. For example, Adana accounted for 99 to 212 apartments per month (in February 2024), which was +114.1%. The total volume of housing sales...
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Istanbul remains the most popular city for purchase of real estate in Turkey. Although Antalya occasionally surpasses it in terms of transactions with foreign buyers, but in general, the metropolis has no competition in this regard. Today, let's delve into the nuances of living in different parts of the city, the specifics of individual locations,...
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Rental rates continue to rise. Although they are limited by the rule of increasing by a maximum of 25% per year for long-term leases until July 2024, this does not apply to commercial projects. The Turkish Institute of Statistics has published the dynamics of rent. Taking into account the consumer price index (CPI) for 12 months, rent growth in...
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The new villa complex in Istanbul — Azure Villas Reşadiye — will be commissioned in three months, in June 2024. This complex is unusual in that it consists of triplex villas (three-storey buildings) — there will be 20. Currently, the commissioning stage of the project is 70%. Azure Villas Reşadiye is located approximately in the middle between...
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