News and articles

  • Turkish developer sells land for a large shopping mall and office center

    It became known that the developer Iş GYO put up for sale the land plot on which the Marmara Park shopping center was built, as well as the Maslak office building, currently located in the portfolio of the company's investment assets. This decision was made at the meeting of the Board of Directors of Iş GYO, held on September 16, 2024; the Iş...

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  • Building inspection rules need to be adjusted

    Prices for technological "inspection" of buildings should be fairer, say the players in this segment of the construction industry. For example, for a difference in the height of a building of only 50 centimeters, you have to pay almost twice as much - in terms of the cost of inspection, complains civil engineer Atakan Bakylan to online sources....

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  • Home sales to foreigners are gaining momentum

    August turned out to be quite successful for the sphere of purchase and sale of residential real estate and in terms of the volume of transactions with buyers from other countries. True, it was not as successful as July, but it was also good: in July, foreigners bought 2,350 housing units, in August - 2,257, slightly less than a hundred lots less....

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  • Toki sells land in some provinces, including Istanbul, Izmir and Ankara

    The Office of Mass Housing Construction (TOKI) announced the sale of almost four hundred - namely, 390 - land plots in 25 provinces, including the largest megacities and their agglomerations: Istanbul, Ankara and Izmir, where land is profitable. Potential buyers are offered the option of installments: repayment within 48 months. The full list of...

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  • Sales, except for mortgages, go up

    The Turkish Institute of Statistics has published data on residential real estate sales for August. With the exception of the segment of transactions involving mortgages, according to the results of both August and eight months of the year (from January to August, compared with the same period of the previous year), sales went up. Here are the...

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  • Ankara reports on the progress of Urban transformation

    What is the status of the work under the urban transformation program covering all provinces of Turkey? The mayor of the Ankara Metropolitan Municipality, Mansur Yavash, spoke about the situation in Ankara. In particular, a lot of attention is paid to the Mamak district, which is considered a sleeping area. There were some plans to build 10,000...

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  • Top 10 benefits and details of purchasing villas

    Many potential buyers of real estate in Turkey are pondering whether to invest in an apartment (or several ones) or a villa. We will look at the main pros and cons of buying a detached house in this article. Content: Top 10 reasons why villas are preferable to apartments Tips on what to consider when purchasing a house The prospects of...

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  • Turkey: not obvious, but promising areas for real estate investment. Part 2

    The beginning of the article In this article, we will keep exploring the investment potential of areas for buying real estate in Turkey that may not be immediately obvious but are attractive. Content: Erzurum Location Reasons for popularity Prices and popular locations Why is the region interesting to investors? Immediate...

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  • 134,155 housing units sold in Turkey in August 2024

    Content: Leading and lagging cities Mortgage transactions: 13,574 Other categories of transactions: 120,581 Primary home sales: 41,913 Second home sales: 92,242 Sales to foreigners: 2,257 Leading and lagging cities According to official data announced by the Turkish Statistical Institute (TUIK), home sales in August 2024 increased by 9...

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  • Turkey: not obvious, but promising areas for real estate investment

    Turk Estate likes to tell about the resort towns that are most in demand among foreigners. Nevertheless, profitable investments can be made not only in real estate in Turkey by the sea. Today, we will present several not-so-obvious areas that, nevertheless, are able to ensure good profitability. Today, we will showcase several not-so-obvious areas...

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