News and articles
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Halkbank once again arranges the sale of collateral real estate on the balance sheet of this financial structure, and at prices below market. Housing can be purchased from 176 000 Turkish lira (TL), and so-called jobs - from only 72 000 TL. And this time in several provinces at once. Turkish media published a selection of some particularly...
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The demand for non-residential real estate - especially for land plots intended for development - has recently been "interrupting" the demand for apartments and houses in terms of indicators. Judging by the data available to the Turkish Statistical Institute (TÜIK) and the General Directorate of the Land Registry and Cadastre, sales of...
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To buy property in Turkey and be sure that everything is done correctly from a legal perspective, it is better to hire an appropriate professional. We will tell you how to choose the right lawyer who will help you purchase a residential property in Northern Cyprus. Content: At what stages you can’t do without a lawyer Stage 1. Choosing a...
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The analytical portal Prian has published a SWOT analysis of the residential real estate market in Turkey, summarizing the strengths and weaknesses of buying a home in this country. The key "advantages" include: affordable housing prices (there are still a lot of options at a price of up to 100 000 euros); the rich infrastructure...
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New details are emerging regarding the previously announced sanctions against homeowners who inflate prices for long-term rentals. Justice Minister Bekir Bozdag explained that now homeowners with too big "appetites" can go to jail for a period of 1 to 3 years. In fact, it is planned that this period will be at least two years, and that a...
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The long-awaited route of the NRE network has been put into operation and already carries passengers. The Ankara-Sivas high-speed train line was opened on April 26 with the participation of Vice President Fuat Oktay, Minister of Transport and Infrastructure Adil Karaismayiloglu, as well as key representatives of some political parties. As...
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The entire Istanbul Financial Center is planned to be opened in the next 3-4 months: minor improvements remained, writes Emlakkulisi. Recall that the first stage of the new "business heart" of Istanbul was put into operation quite recently. As part of the second stage, the Central Bank sector will be opened, as well as a number of leased...
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Minister of Agriculture and Forestry Vahit Kirishchi said that the recent strong tremors in 11 provinces cost the economy $105 billion. This includes both construction equipment and vehicles, thousands of units of which were transferred for a certain period to the needs of citizens who are trying to put their houses in order or have...
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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. Last week was "marked" primarily by the announcements of several very large projects at once. These include a megacomplex of more than 500 residences in Istanbul's Pendik district and KIPTAŞ Karanfilköy in another sought-after...
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It has been officially announced that a new project will soon appear in the Turkish capital Ankara. It is designed for 212 residential residences; the infrastructure of the complex will also include a shopping center with several shops. The tender for the implementation of the project from the Office of Mass Housing Construction (TOKI)...
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