News and articles

  • The authorities promised to take rent rates under control after the elections

    While everyone is looking forward to the second round of the presidential elections in Turkey, important messages are coming from the government wing.   One of the biggest problems in the economy over the past year has been rental rates, which have become exorbitant. Despite the fact that the government made a number of statements about this...

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  • Real estate in Samsun has risen in price in popular areas to two million

    Samsun Province is steadily "getting more expensive" in terms of housing: in the most popular Janik district, the average sale price of a residential residence has almost reached two million - 1,939,950 Turkish lira (TL).   The analytical portal of real estate valuation Endeksa, continuing to publish a series of reports on urban assets,...

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  • How to Obtain a Residence Permit in Northern Cyprus by Buying or Renting Property?

    It is quite easy for owners of local property to acquire a residence permit in Northern Cyprus (Turkish Republic of Northern Cyprus, TRNC). This can greatly facilitate life and make your stay on the island more comfortable. Moreover, the TRNC offers the opportunity to obtain a residence permit even if you rent a property. In this article, we will...

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  • Plots for a quarter of a million lira can be bought in the capital

    Ankara Municipality announced the sale of 42 land plots located in the Kalecik district at once.   The tender for the sale of land will take place tomorrow, May 26, 2023, at 09 am, by open bidding.   The area of allotments varies from 762 to 1,444 square meters.   "Guarantee" fees for participation in the auction vary depending...

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  • Bursa is the fifth largest in terms of housing sales in Turkey

    After the announcement by TÜIK of residential real estate sales data for April 2023, Bursa was again in fifth place in terms of transactions - as, indeed, it is almost every month. Recall that Istanbul has the first place, Ankara has the second, Izmir has the third, Antalya has the fourth. Bursa accounted for 3.5% of transactions from the total...

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  • Sales of a new project with villas started near Bodrum

    Pre-sales have started in the new project consisting exclusively of villas Armada Praxis Yalikavak Geriş Villas in Yalikavak.   Recall that Yalikavak is one of the resort villages in the vicinity of Bodrum, the "Turkish Riviera". This is where some of the best hotels in the area are located, in particular.   The Armada Praxis...

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  • Rent payments in the affected provinces have been canceled for three months

    According to the Presidential Decree published in official sources, the arrears of rent payments for February, March and April 2023 in the provinces where a state of emergency has been declared will be canceled.   The amounts of lease payments for these months are subject to refund or deduction, depending on the expiration or continuation of...

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  • It will be much more comfortable to live on the Prince Islands

    The Minister of Environment, Urbanization and Climate Change pleased the inhabitants of the Prince Islands with several good news at once.   Recall that earlier on the Prince Islands there were difficulties with some title documents regarding certain lands whose status was not approved, or infrastructure.   Now, the fate of a number...

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  • Ziraat Bank announced the sale of secondary real estate

    Ziraat Bank has announced that it provides new opportunities for those wishing to buy their own homes. In particular, the financial institution sells secondary real estate.   Recall that housing prices have risen sharply in recent months due to an increase in the cost of construction and high inflation. Nevertheless, the number of those...

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  • The owners were pleased with a possible discount on aidat

    The Ministry of Environment, Urbanization and Climate Change has begun working on the issue of reducing the aidat - monthly maintenance fees for apartments and houses. So far, it has been announced that the amount of these fees will be reduced by 18%.   Management companies and private managers who overestimate the cost of work on such...

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