News and articles
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The Ministry of Treasury and Finance has taken measures to control income from rental housing in Turkey. In addition, documents received from tenants and owners during these inspections will be stored electronically in databases. The authorities remind that you can rent out your apartment in Turkey, but you need to declare your income and pay...
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Fuzul GYO has launched its new project — Fuzul GYO Avcılar — in Ispartakule, Avcılar (Istanbul). It is located on the European side of the metropolis. The hybrid complex will consist of 156,000 sq. m of residential and commercial properties on a plot of 47,000 sq. m. Residential residences will be available in various formats and layouts,...
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The next "long-term construction" in Istanbul is about to be completed: a new 65-kilometre metro line will open in March 2024. It is about the Çekmeköy-Sancaktepe route, which will also include Sultanbeyli. It is about 90% ready. Trains run automatically on an unfinished route in test drive mode. The first stage of the line will be put into...
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The Beşiktaş district is a "record holder" in Istanbul in the amount of aidat — a monthly maintenance fee. This is an average of 5,635 TL per month. Şişli, Sarıyer, Zeitinburnu and Bahçelievler entered the TOP 5. When comparing the Turkish provinces, aidat in Mugla is the most expensive: the average amount of this payment increased by 97%, to...
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The AS Yapı developer has launched an application campaign for the purchase of apartments in the AS Concept residential complex. Accepting applications for those wishing to purchase housing with good conditions will last until March 11, 2024. Interested parties can make an initial payment of only 10% and receive a 5-year installment plan. AS...
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Content: Prices doubled in a year Brief Background Who buys? What do they buy? How quickly do they resell? Taxes, Avidat and other "obligations" Delivery deadlines and possible delays Introductory tours To be continued Prices doubled in a year While many potential buyers were cautious about property in Northern Cyprus, given the...
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A 20% discount is available for a limited number of apartments for sale in the Iş GYO — Manzara Adalar project. However, there are few residences left for sale (perhaps this is the reason for the discount). Manzara Adalar, which means "View of the Princes' Islands" in Turkish, lives up to its name: it offers a panorama of the islands, the Marmara...
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The good news was announced by the Office of Mass Construction (TOKİ). Istanbul residents will be pleased with three more new projects by TOKI, with a total of 1,781 apartments. They will be built in Tuzla, Gaziosmanpaşa and Zeytinburnu. The TOKİ project in Tuzla will have 632 residences and 6 shops, the Gaziosmanpasha project will have 665...
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The Turkish passport is gaining prominence; according to the Henley Passport Index 2024, which calculates the number of countries allowing visa-free entry, the number of such countries for Turkish citizens has reached 118 this year (+7 from the previous year). There is an additional list of countries where visas are issued upon border crossing...
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İzmir, one of the largest Turkish metropolises, successfully combines extensive business opportunities, an active lifestyle, and a seaside location. For understandable reasons, it is considered an expensive place to purchase real estate. Especially now, given the economic situation of the average Turkish family, the number of İzmir residents among...
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