News and articles
-
The February events related to the tremors caused a lot of activity in the real estate market. In fact, by "shaking it up". In particular, there has been a strong increase in demand in the market, which the available housing stock is simply not able to satisfy. And this primarily concerns the rental segment: according to the Endeksa real...
Read more -
Analysts continue to publish updated statistics on real estate transactions for 2022. Of many states, Turkey ranked first in the rate of increase in residential real estate prices. Istanbul is in the most demand among the Turkish provinces, and Esenyurt is the most sought-after Istanbul province. But first things first. Content: Turkey Leads in...
Read more -
Turkish President Recep Tayyip Erdogan announced that 650 000 new housing units will be built for the victims of the February earthquake. Stating in his speech at the business dinner: "We have already begun the process of rapid "healing of wounds" after the great catastrophe. We will erect 600 thousand residences in houses - strong and safe...
Read more -
Important financial structures and corporations in Turkey are preparing to move their headquarters from Istanbul to Ankara, Turkish media write. This is explained by the desire to minimize risks due to the possibility of an earthquake, which is higher in the largest metropolis of the country than in the capital. The headquarters of...
Read more -
Once again, Turkey's leadership in terms of investment attractiveness of investments in residential real estate has been confirmed. Global Property Guide has published the results of another study of the world market in this area, for which information was collected on 60 states. TOP-5 are the following: Turkey +63.02% (increase...
Read more -
In Alanya, as one of the most popular coastal cities, along with the prices for buying and renting housing, the aidats also "soared". Recall that this is a fixed payment, the cost of services for maintaining the residential complex in order. Previously, the highest aidats were observed in Istanbul and other Turkish megacities; however,...
Read more -
The new project Oyak Maslak will appear in Maslak (Istanbul). Developer Oyak Inşaat has announced the start of work on a new project that will be erected next to Ayazağa Oyak Sitesi; it will include 413 residential lots and 12 commercial facilities. Investments in the project amount to 1,382,306,829 Turkish liras (TL). Oyak Maslak will be...
Read more -
A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest. The rental market continues to be in a fever: the annual increase in tariffs is 140-180%. This applies, we recall, to newly concluded contracts: for prolonged long-term contracts (1 yearlong), tenants are still protected -...
Read more -
Previously, those who bought housing for investment preferred secondary housing; and now the interested parties have begun to reorient themselves to the one in which no one has yet settled. Analysts explain this by difficulties with evicting tenants. Many homeowners, losing on rent coupled with inflation due to the fact that they can raise...
Read more -
Detailed data on residential real estate sales in Istanbul for February 2023 have been published. In the second month of the year, 14,980 residential real estate units were sold in Turkey's largest metropolis, which is 18.7% of the total number of transactions in Turkey. Of these, 3,167 were implemented under mortgage lending...
Read more