News and articles
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Every region of Turkey is distinct in its own way. This country’s multi-faceted culture, diverse climatic conditions in its regions, and natural landscape give a rare diversity in which everyone can find their place under the sun. We recommend that anyone seeking to relocate or buy property in Turkey get to know three main areas: Istanbul,...
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A brand-new project, Next Capital, will be constructed in Ankara, the capital of Turkey. The project, developed by Zeray İnşaat, will consist of 491 residences and 91 commercial premises. The declared value is 1,950,120,329 Turkish Liras (TL). The complex will be built on a land plot of 34,769 sq.m., with a total building area of 183,109 sq.m...
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The Ministry of Environment, Urbanization, and Climate Change, along with Turkey's government-backed housing agency (TOKİ), has announced the tender dates for three new projects in Istanbul province. These projects will consist of a total of 1,353 residences. There will be three projects in total, two of which will be located in the Gaziosmanpaşa...
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Analysts complain that the increase of the tax rate and the soaring currency will have a direct impact on the cost of work in the sector of building construction. According to the TÜİK, Turkish Statistical Institute (commonly known as TurkStat, the index of building costs of dwellings grew by 0.77% in May 2023 compared to the...
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Majid Al-Hogail, Saudi Arabia's Minister of Agriculture and Housing, has invited Turkish contractors to cooperate on projects worth $150 billion in his country, according to Emlakkulisi. More specifically, the corresponding agreement was made during a meeting and joint negotiations between representatives of the Turkish Contractors...
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Caja Maxx Royal - the first residential project of ETS Grup - went on sale. So very soon an elite residential complex with 27 villas will appear in Bodrum. A plot was chosen for implementation in one of the most beautiful bays on the Bodrum coast, surrounded by olive groves and pine forests, 2 km from the village of Turkbukyu, 22 km from...
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A selection of the most relevant information guides of the real estate market of the Republic of Turkey is in our traditional digest for the past seven days. Good news for the victims of the earthquake in Kahramanmarash: many households can receive a million lira as compensation, for the Turks this is a considerable amount. The...
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The elite project implemented by Mutlu Inşaat in Buyukcekmej (Istanbul district) is popular: despite the fact that construction is still underway, some categories of villas have already been sold out. The deadline for putting the complex into operation is scheduled in five to six months, in December 2023. In this project, called Villa Blu,...
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Three new projects from Kiler GYO will start in August in the largest Turkish metropolis: Reference Ümraniye, Reference Pendik and Reference Göktürk. Accordingly, they will appear in the districts of Umranie, Pendik and Gekturk. The launch of the projects will begin simultaneously with the start of sales, already in August 2023. The...
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Unlike many other countries that are currently facing high (sometimes extremely high) bank interest rates on consumer and home loans, mortgages, as well as an economic recession, Northern Cyprus real estate market continues to develop thanks to stable demand, quality supply, and limited availability of land for development. Turk Estate has already...
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