News and articles
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Leading cities and anti-leaders in the market According to the official information of TÜIK (Turkish Statistical Institute), the volume of housing transactions in April decreased by 35.6% compared to the same month last year and amounted to 85,652 units. Istanbul ranked first in the number of residential properties sold: 13,944 residences, or 16...
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The Institute of Human Rights Equality of Turkey (TIHEK) has signed a new important decision regarding the terms of the lease. The reason for this was a recent precedent when a fine was imposed on the landlord and intermediaries. The reason was the refusal to single tenants: on the website, in the description of the rented residential...
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The number of applications for participation in Yarısı Bizden campaign has exceeded 670 000 units of real estate that will be converted, Emlakkulisi clarifies. A new campaign was launched by the authorities of "Half of Us" with the aim of transforming risky Istanbul buildings into safer ones as soon as possible. In a nutshell, the general...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest. According to official statistics published recently, April was not the best month in terms of real estate sales: the volume of transactions fell by 35% compared to the same month of the previous year. Foreigners also bought...
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Russians in April 2023 somewhat slowed down the pace of housing acquisition, but they are still in the lead. We present the latest data published recently by the Turkish Institute of Statistics. The volume of transactions with foreigners decreased by more than half - by 60.3% compared to April 2022: 2,557 transactions. This is 3% of the...
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The month preceding the presidential election may have been one of the reasons that potential buyers took a wait-and-see attitude. The continuing rise in real estate prices also played a role. Anyway, in April, housing was sold by 35% less than in the same month last year. But in January-April - four months - the drop is not so strong: on...
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Istanbul and Alanya are two popular destinations for buying real estate in Turkey. It differs from each other in their lifestyle, as each of these cities has an individual flavor. Its real estate markets also have their own peculiarities. In this article, we will compare Istanbul and Alanya from the point of view of real estate buyers: consider...
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The foundation of the gas distribution complex (storage and distribution of natural gas) for the districts of Anamur and Gulnar, Mersin province, was laid recently. Gulnar Mayor Alpaslan Yunuvar officially announced that citizens will start using "local" natural gas in November of this year - 2023. The groundbreaking ceremony was held in...
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The construction of a large complex of villas Privatus Urla is gaining momentum, in one of the most popular resort areas of Izmir province. The developer is Ketenci Inşaat; construction is scheduled to be completed in March 2025. The project consists of 116 detached villas, the area of which varies from 150 to 250 sq.m.; formats - 2 + 1, 4...
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Foreign Minister Mevlut Cavusoglu recently clarified that the tender for the construction of an expressway between the two largest cities of Antalya province will be held on June 26, 2023. By the way, it will not be limited to the highway alone: the discussion on the construction of a railway along a parallel route, which has been quiet...
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