News and articles

  • Rent increased by 1100%, property for sale rose by 900%: What’s next?

    During a challenging period for Turkey between the February earthquake and presidential elections property sales have been somewhat low. Despite this, real estate for sale in Turkey has shown a significant overall price growth dynamic in recent years. This applies to both property purchases and rentals in Turkey. Content: Property for sale in...

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  • Real estate in Turkey: the main news of the past week – June 24-30

    A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest.   The rental housing segment continues to be somewhat feverish, and the authorities continue to make attempts to cope with this phenomenon and take the main processes under control.   It has already become known that the...

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  • The new Istanbul airport has served one and a half million flights

    It would seem that the new Istanbul Airport, which replaced the Ataturk airport, was opened quite recently. Nevertheless, time flies fast; and since the beginning of its work (October 29, 2018), the air hub has managed to accept and send about 1.5 million flights:   from December 29, 2018 to December 31, 2019, it passed through 51.96 million...

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  • A new large shopping center will appear in Istanbul

    The Artaş Commercial and Industrial Center will soon decorate the Avcılar district of Istanbul.   There are 301 premises for shops, warehouses and workshops; the area of such premises varies from 100 to 1,800 sq.m. The ceiling height is 6.9 meters, the width of the corridor is 12 meters, which makes it easy to maneuver even trucks...

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  • Restrictions on rent increases extended for another year

    The 25% maximum limit for rent increases during the prolongation of long-term contracts was extended for another year.   This measure was introduced in the summer of 2022, and was supposed to end on July 1, 2023; nevertheless, the extension of such a "limit" has been actively discussed in recent months.   It is now valid until July 2,...

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  • New Trends in Istanbul's rental housing market

    Istanbul has been steadily leading in housing sales in Turkey for many years. It‘s the country's largest metropolis, where life does not stop for a minute. As per the official data, over 16 million people live here. Istanbul is one of the world's central attractions for tourists, businesspeople and other visitors. This is why rentals will always...

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  • Sale on "quick build villas" announced

    The segment of "factory" prefabricated housing continues to gain popularity. New formats are appearing in it, and sales of certain products are becoming more frequent - ready-made houses that can be assembled and put on an existing site in a matter of days.   In June 2023, another discount was announced for another interesting product -...

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  • Economy-class real estate is beginning to be equipped with a Smart Home system

    Innovative solutions are emerging on the basis of real estate from the TOKI Department of Mass Housing Construction, which has made 5 million people homeowners in Turkey over the past 20 years. Even despite the fact that this is originally an economy-class housing.   For example, the Atış group of companies, known for its conceptual luxury...

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  • A 50% increase in prices for building materials affects the entire industry

    Gulchin Barbaros Ak, Chairman of the Mersin branch of the Chamber of Civil Engineers (IMO Mersin), a member of the Union of Chambers of Turkish Engineers and Architects (TMMOB), assessed how the increase in prices for building materials affected the real estate sector.   The more than 50% increase in tariffs, of course, did not please,...

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  • Istanbul complex Empire Beylikdüzü went on sale

    Its own "empire" will appear in Beylikduzu (Istanbul); the sale of residences has already been announced here. And with special offers in honor of the launch of the project.   A new complex is being built by a consortium of four partner companies at once within the framework of Mert Holding.   Geographically, the new residential...

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