News and articles
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After the February earthquake with its epicentre in Kahramanmaraş, concerns about the risks of buying property in Istanbul linger. A number of Turkish and international companies' representative offices are even moving key offices from Istanbul to Ankara. Fears are greatly exaggerated. A large number of houses in the metropolis are in need of...
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By 2028, 500 large and small national gardens will be built and opened in Turkey. This was announced by the Ministry of Environment, Urbanization and Climate Change. The construction of national parks throughout the country is in full swing; 151 national gardens with an area of more than 17 million squares meters have already been...
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Detailed statistics of house sales in Ankara for May 2023 have been published; figures for another Turkish metropolis, Bursa, were announced a little earlier. The number of sold residential units for the month exceeded 11,000: 11,196 lots. Among these, 3,774 residences were purchased by buyers who resorted to mortgage lending....
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Two events have had the most significant impact on real estate in Turkey: the February earthquake centred in Kahramanmaraş and the presidential elections in May. What trends emerged during this period? Content: Changes in prices by district: Sale and rent Impact on sales “The Election Effect” Let’s focus on the trends in Istanbul and its...
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Due to the introduction of a system of intermediaries that settle misunderstandings and misunderstandings between landlords and tenants, the vast majority of disputes will now be resolved within a maximum of a month, writes the real estate portal Emlakkulisi. It was previously decided a few months ago, and now it is final. According to...
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In Canakkale (Gallipoli), on an area of about 50 hectares, one of the most impressive projects is being built, consisting entirely of villas. On the territory of Villapark Gallipoli there will be 62 villas with views of the Canakkale Bridge; the format of mansions is 5 + 1, i.e. with five bedrooms. Peace will be provided by round-the-clock...
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Noting that the problem of non-compliance of rents with real prices cannot be solved with the help of only a 25% limit, representatives of this sector say that it is necessary to look for other ways out. Finally, some of them have been announced: new complexes belonging to the category of social rented housing should be built in...
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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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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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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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