News and articles
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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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Rental prices in Turkey do not seem to be going to stop growing, despite the fact that the authorities promised to take this situation under control immediately after the elections. So, the population of the country, which does not have its own housing and meets the needs for it by renting apartments and houses, found itself in a very difficult...
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Real estate in Northern Cyprus (Turkish Republic of Northern Cyprus or TRNC) is a popular investment destination among citizens of Europe. Not least among the factors are low taxes on the purchase and maintenance of property and Northern Cyprus being isolated in the banking sector, which allows not disclosing information about clients’ money...
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Radisson Red, one of several brands of the international hotel company Radisson Hotels, enters the Turkish market with the Radisson Red Hotel Izmir Point Bornova. A hotel will open in Izmir province; now those who wish have the opportunity to invest directly in a hotel room, receiving a share of corporate income from renting rooms in which...
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In Turkey, in addition to high housing prices (which continue to grow rapidly), the shortage of residential real estate supply is becoming more and more pronounced. The Turkish Institute of Statistics TÜIK reported that the number of residences, the construction of which began in the first quarter of the year, decreased by 9.2%. In the context of...
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The beginning of the holiday season in Mugla was marked by the start of sales in the elite Wox Yalıkavak complex. Moreover, the project is very unusual: here buyers are offered villas with a number of bedrooms from 6 to ... 11. Prices start from $1,957, that is, almost two million dollars, and reach $3,514,500. The developer is De...
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Manufacturers of prefabricated factory houses (standard layout, which are easily and quickly assembled on any plot of land with a purpose for residential construction) have announced another sale. Now we are talking about small two-storey buildings with an area of 140-150 sq.m. Now they can be purchased from 940 to 983,000 Turkish lira...
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The development of the economy involves, among other things, solving the issue of rising rental prices: it is supposed to get rid of this "rental inflation" in principle. This was stated by Recep Tayyip Erdogan shortly before the second round of the presidential election, during one of his public speeches. It took place in Gaziantep, and...
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Turkey needs no introduction or advertising, as it is one of the best and most popular travel destinations known for its warm climate, stunning beaches, delicious food, and unique culture. The digital nomad community in Turkey is still relatively small, but it is growing rapidly, and new coworking spaces are popping up in the country’s cities just...
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