News and articles
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Those who decide to build housing on their own, on their own site, in the area of the recent earthquake, will be able to count on a serious "shoulder" from the state. This was told by the Minister of Environment, Urbanization and Climate Change Mehmet Ozhaseki. The new campaign was created specifically for residents of the affected regions who want...
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For obvious reasons, January–March 2023 was challenging for the Turkish real estate market. It faced unexpected and very large-scale internal migration caused by the earthquake. Therefore, the rental stock was reduced, rental rates increased, and investors reconsidered their real estate purchase priorities. Moreover, authorities and developers...
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Rates for renting housing in the largest Turkish metropolis have increased by 707% in just four years. Deputies are puzzling over how to solve the urgent housing issue. One of the key reasons for the current crisis situation in the rental housing market, in addition to inflation, is a clear preponderance of demand over supply. The owners...
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A giant project from Sinpaş GYO will decorate the Istanbul district of Küçükçekmece. The project was named Saklı Koru. There are 600 residential residences and 15 commercial premises, as well as an indoor swimming pool and a parking lot. It is reported that the amount of investment in the project will amount to more than half a billion Turkish lira...
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After the rent increase limit for the next year (25%) was extended for another year. Until the summer of 2024, it was decided to determine the limit for raising the aidat. A little earlier, in order to prevent disputes between tenants and owners, the maximum threshold for increasing the rental rate was extended by 12 months, according to a...
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More than 300,000 new residences will be built in the earthquake zone during the year. This was stated by Mehmet Ozhaseki, the new head of the Ministry of Environment, Urbanization and Climate Change. Work continues to revive the regions affected after the events of February 6. Here is what Mr. Ozhaseki says: "As a ministry, we are...
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At the final stage of creation - 85% - there is a "temporary city" intended for victims of the earthquake on February 6, 2023 with an epicenter in Kahramanmarash. It occupies an area the size of 57 football fields; container houses - temporary, but much more comfortable to live in than tents or multi-bed accommodation in hotels that come...
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We present the next digest of news for the past week. A list of measures to solve the problems of the rental market has been announced; it is clear that it is not complete - but this is at least the beginning. In particular, starting from September 2023, it is planned that the vast majority of disputes between the owner and the tenant will...
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For real estate with daily rent, whose owners do not work properly to issue documents or, in principle, decided not to do so, fines were showered. According to the Milliyet newspaper, only in Antalya, the police managed to issue fines totaling 1,701,674 TL to real estate companies that, for one reason or another, enterprises that do not...
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A new project consisting of less than nine dozen residential lots - Time Alaçatı from the developer Kaya Inşaat - has gone on sale. Recall that Alaçatı is a resort location in Izmir province, and one of the most popular, along with Cesme. There are several types of residential residences in Time Alaçatı: from one to four bedrooms (1+1,...
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