News and articles
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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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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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A third of the year is behind us. The future price increase is unpredictable. Nobody can guarantee that the government will provide options for foreigners to buy property. Nevertheless, the figures speak for themselves. As for buying a home for overseas nationals, there’s no cause for concern. No one will kill the goose that lays the golden egg....
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The construction of the large-scale TOKI Arnavutköy Baklalı project from the TOKI Mass Housing Construction Department has begun. Work began on June 22, 2023. Here - namely, in the Arnavutkey district of Istanbul, the Baklaly quarter - more than six hundred residences will appear: 621. The infrastructure will also include 10 stores...
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In order for low-income citizens to acquire their own housing, thereby unloading the rental market, TOKI outlined the conditions for the purchase of apartments. Namely, what requirements applicants must meet; these requirements have been worked out for some time. To count on the purchase of housing on preferential terms, you...
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A good opportunity has appeared for those wishing to purchase land in Ankara and the surrounding area: the Ankara Municipality has put up for auction 21 land plots belonging to it at once. In addition, 3 jobs and 1 residential residence were put up for auction. The proposed plots are located in the districts of Chankaya, Chubuk, Etymesgut,...
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Details of real estate transactions in Istanbul for May 2023 have been published. After the publication of the general monthly report, analysts regularly provide detailed data on the largest cities in Turkey; a little earlier, the figures for Bursa were announced, and now it's Istanbul's turn. So, during May, 18,435 housing units -...
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As usual on Fridays, we bring to your attention a digest of news in the field of residential real estate and construction in Turkey over the past week. The housing rental market continues to boil without subsiding; one of the key news is that the 25% limit on rent increases per year under long-term contracts has been extended, and this has...
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The number of buildings at risk in the event of an earthquake in the largest Turkish metropolis has reached 207,000. The updated statistics were presented by the Turkish media with reference to the figures received from the city municipality. Recall that after the February earthquake with an epicenter in Kahramanmarash, thorough...
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The TÜIK Institute of Statistics announced data on the number of housing transactions in May 2023 in Bursa, the fourth largest settlement in Turkey. 4,216 residential units have found owners here in a month. For Bursa, the total volume of housing transactions in the country for May was 3.7%: Bursa was in fifth place, after Istanbul,...
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