News and articles
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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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The municipality of Cesme has pleased local residents and investors interested in this area with the news that mass housing construction will begin here. Within the framework of which 417 apartments will be sold in the very near future. The mayor of Cesme is concerned about the growth of rents, which also affected the territory under his...
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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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