News and articles
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In addition to preferential programs from the state, sometimes there is an opportunity to purchase housing much lower than the market value from banks. We are talking, of course, about collateral housing. A few days ago, Ziraat Bank provided such a chance to potential buyers, offering a 2+1 format - with two bedrooms - for 250,000 Turkish lira (TL)...
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The main array of publications in the Turkish media regarding real estate all week concerned the devastating earthquake in the south-east of Turkey, which happened a few days ago. So once again we draw the attention of home buyers to the importance of acquiring new buildings from serious developers, and if we are talking about secondary real...
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The segment of factory-stamped buildings (so-called «prefabricated houses») in Turkey continues to develop. Moreover, these products are in great demand now - in a situation of rapid growth in housing prices: if you have your own plot, you can buy a whole house at the price of an apartment, or even lower. Therefore, almost everyone who has land...
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There is good news for those who want to buy secondary real estate: Turkish President Recep Tayyip Erdogan has officially announced plans to work on a new campaign for citizens who want to buy residential «second-hand». Recall that the previous «rounds» of «My New Home» program - for low- and middle-income households - implied the purchase...
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The beginning of this week in Turkey was marked by very sad events: on February 6, two strongest tremors of magnitude 7.5 and 7.8 degrees occurred in the southeast of Turkey, which were accompanied by hundreds of repeated earthquakes of lower intensity (aftershocks). Hundreds of buildings have been damaged or destroyed. However, experts...
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By the end of January, the final results of 2022 will be reviewed, however, by the end of November, the major trends will have been quite evident. The strong level of interest from foreign investors in Turkish real estate was one of the year's most pleasant surprises. Although local purchasers are waiting and market sales have generally decreased...
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In order to motivate citizens to participate directly in the urban transformation program, the authorities decided to subsidize not only the participation of Turkish citizens in strengthening their own housing, but also rent payments for those who agreed to move. So, currently, assistance in renting housing in the amount of 1,500 Turkish...
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President of the Republic of Turkey Recep Tayyip Erdogan, taking part in the opening ceremony of the «branch» of the Kagithane metro-the New Airport, officially announced how things are currently going with the construction of the Istanbul Canal. The canal will be laid in stages, four stages are planned. In addition to its economic...
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According to a recent announcement published by TOKI, it became known who exactly will get 2+1 apartments in Chorum, in the Çorum Merkez Celilkırı project. They will be distributed among low-income households. The cost of these lots ranges from 300 to 378 thousand Turkish lira (TL). Everyone can apply, and then TOKI will draw lots. The...
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The media reports that the government, planning to intensify the process of urban transformation as part of a nationwide campaign, will increase financial support for the population in 2023. In particular, in some cases, the loan rate on housing loans will decrease, the volume of these loans will increase, and their repayment period will be...
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