News and articles
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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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A giant project for almost nine thousand residential residences in Northern Cyprus has loudly "declared". This is perhaps the most ambitious project in this region, implemented by Afik Group; the name for it was chosen appropriately - Caesar Resort. What is known about it? Caesar Resort is a complex with the largest living area in...
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The events in February (namely, the earthquake that affected 11 provinces) and their aftermath stirred up the property market in Turkey. Above all, rentals: external migration — which increased dramatically a year ago, when a huge number of Russians left for Turkey — has been augmented by internal migration. Migrants from the areas affected by...
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144 villas included in 4 Seasons Istanbul project are put up for sale at the construction stage at once. The developer is Gül Inşaat; it is planned to put the villa complex into operation in 2024. Geographically, 4 Seasons Istanbul will be located in Buyukchekmeje. The villas in it are very spacious - 6 and 7 bedrooms each. Also, each...
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The problem of the shortage of available housing in the rental market of Istanbul is increasing by leaps and bounds. Against this background, "ghost houses" - residential residences that are not used by the owners (which are not for rent, are not for sale, and no one lives in it at the same time) are very annoying to economists. There are 153,000...
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