News and articles
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Vakıfbank once again announced the auction of used housing, which appeared on the balance sheet of the financial structure. Recall that such apartments are owned by banks when they are taken from defaulters on loans. As a result, new buyers have the opportunity to purchase a lot from an auction at a price lower than the market price; sometimes even...
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Manufacturers of factory prefabricated houses in early summer announced two promotions with special prices at once. In June, a 2 + 1 house with an area of 55 sq.m on its own plot can be built for 179 900 TL, 2 + 1 - for 290 000 -325 000 TL. Well, we remind you that for such a prefabricated housing, you can get state support in...
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Turkey, enjoys remarkably scenic landscapes and has played vital historic roles; this, together with long sandy and pebble beaches, attracts millions of foreigners, both as tourists and new residents. Turkey is currently concentrating on strengthening its infrastructure with good roads and other means of transport. Carsharing services are common...
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News continues to arrive regarding the support of civil servants, who are also very much affected by the rapid increase in rental rates. The fact is that civil servants are usually not compensated for rent, with some exceptions; they have to rent housing, covering these costs from their own salaries. At the same time, such employees are...
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President of the Association for the Promotion of Foreign Real Estate (GIGDER) Faruk Akbal, assessing the situation with the sale of residential real estate to foreigners after the elections, said that sales have already intensified. GIGDER expects the implementation of "deferred demand" - namely, the receipt of $1.5 billion to Turkey as a result...
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The winners of the Travelers’ Award have become known Choice, among which were hotels in Turkey. Award "Travelers’ Choice: The best of the best" is awarded to accommodation facilities that have received the most flattering reviews over the past year. The rating includes hotels around the world, of which, by the way, there are more than...
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The Minister of Environment, Urbanization and Climate Change Murat Kurum recently made several new statements regarding what specific steps will be taken to reduce rental prices; it is planned to bring rental rates under control. The official recalled that until July 1, 2023, there is a 25% limit on rent increases; this period will be...
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The authorities have decided to provide financial support to civil servants, in the sense of providing them with partial compensation for rent. This has been discussed for a long time; now the criteria for the mentioned support have been announced. The problem of rent has covered the whole country, and civil servants have suffered as well....
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A selection of the most widely read news of the real estate market of the Republic of Turkey is in our weekly digest. The first week after the second round of elections has passed; Recep Tayyip Erdogan retained the post of president. And now the population is waiting for the fulfillment of election promises. In particular, an increase in...
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By the end of 2023, the number of national landscape parks in the country will reach 19, according to Turkish media. Representatives of the Ministry of Agriculture and Forestry of Turkey said that work on the expansion of forest park areas (including for recreation) continues to be in full swing. Because there is a need for them:...
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