News and articles
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After the earthquake that occurred on February 6, 2023, the authorities announced that, in addition to building houses in the affected provinces and providing housing to those in need, citizens will also receive financial support. For those who want and are ready to build their own house, it was decided to allocate a whole million Turkish...
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The famous hotel in the heart of the historic Sultanahmet district - Four Seasons Istanbul - is recognized as the "Favorite hotel in the World" and "Favorite European City Hotel" in the Travel and Leisure segment of the World's Best Awards 2023. Thus, he received two nominations at once in the annual award held by Travel+Leisure magazine...
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Prices in 2023 are not only rising fast, but they are skyrocketing; as a result, prices for a number of essential items – goods, services, and tax payments – had been adjusted by July. We offer a selection of updated figures on characteristics important for daily life in Turkey: this will undoubtedly be useful for current relocators. It will also...
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We tell you what interesting things the Turkish media wrote about the construction and real estate market in the country during the second week of July. Intensive work on the restoration of a number of regions of the country affected by the earthquake with the epicenter in Kahramanmarash does not stop for a day. At the final stage of...
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The realization of lots within the framework of the Bab Istanbul Istanbul project in the Zeytinburnu district has begun. This is a joint project of Oliv Yapı and RealGroup. The complex is scheduled to be commissioned in 23 months. The innovative residential "quarter" of Bab Istanbul can be called innovative even for such an advanced...
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The total cost of projects implemented by Turkish construction companies abroad in the first half of this year, made up by the contracting sector abroad in the first half of the year, amounted to $7.5 billion. Recall that for the first 5 months this amount was equal to $6.5 billion. According to reports received from the Ministry of...
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Analysts have summed up the results of Q1 2023. Despite recent statements, which the rise in housing prices slowed markedly, the statistics for January–March indicate the opposite. Real estate in Turkey continues to rise in price relatively rapidly. The volume of housing sales in the Republic of Turkey rose by 32% in March compared to February...
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On the territory of Izmir province, the project "Dream Urla" (Hayal Urla) consisting of villas will be commissioned this year. Recall that Urla is a popular coastal area in the Izmir province. The project is good because despite the fact that the villas here are part of a hotel project (management and maintenance are carried out...
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In June 2023, more than 208,000 contracts for the purchase and sale of real estate (not only residential) were signed in Turkey. The total amount of transactions amounted to almost 3.67 billion Turkish liras (TL). 80,504 are residential real estate, 37,619 are land plots, 66,057 are fields, 8572 are jobs. The remaining transactions fell on...
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The real estate purchase and sale segment has entered a "new era". Now the conclusion of transactions has been entrusted to notaries, in order to speed up transactions if necessary. After all, notaries work both on Saturday and Sunday. It is very convenient when the buyer is in a hurry to sign and certify all documents. This happens quite often...
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