News and articles

  • Landmark mansion in Istanbul sells for 0.3 billion

    The famous mansion on the Bosphorus is for sale for 330 million Turkish lira (TL).    This is the house of Mehmet Emin Aga in Kanlydzha: a historic building is looking for a new owner.   Kanlija district is considered one of the most attractive locations in Istanbul; its «highlight» is the beautiful view of the Fatih Sultan...

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  • TOKI offers apartments with a monthly payment of 1,500 TL

    The Office of Mass Housing Construction TOKI announced the next sale of a number of lots with a very modest initial and monthly installment.   In particular, as part of one of the projects, 2+1 residences (with two bedrooms) will be offered at a price of 300,000 to 378,000 Turkish lira (TL).  the monthly payment ranges from 1,500...

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  • Prices went up by roughly 200% for the year. Are foreign nationals at fault?

    Analysts are still in the process of concluding the outcomes for 2022. Even if the information for December has not yet been gathered, the increase in prices by the end of November is impressive. Those who have been able to invest in residential real estate in Turkey are delighted with the outcome. According to Endeksa, a predictive real estate...

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  • Up to 100,000 liras can be saved on taxes within the framework of a new housing company

    Another very important detail of the housing campaign «My New Home» has become known: real estate purchased using a loan with an interest rate of 0.69% per month will also receive a large tax benefit.    The «My New Home» campaign, launched with the aim of activating the housing sector in Turkey and providing both low- and middle-income...

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  • Halkbank sells mortgaged housing

    One of the most famous Turkish banks has put up for sale a number of lots from among the collateral real estate. Recall that one of the ways to purchase the cheapest possible housing in Turkey is to buy residences from the bank that the bank took from defaulters.    Halkbank is one of the financial structures of the country that often...

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  • The project for 1,600 residences will appear in Izmir

    Izmir is loved by many large developers, and it is here that they often prefer to build their most significant projects. It has just become known that changes have been made to the large Folkart Konak project at the last minute - the number of residential residences here will increase from 292 to 643, and non-commercial premises like offices - from...

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  • The state will invest 18 billion liras in a preferential program

    After the announcement of the new stage of the social support campaign «My First Home» - and it will now affect households with average income (not only low) - the amount of support that will be provided to those who purchase their first home became clear.   According to the bill, the part of the payment amount exceeding 30% of the family...

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  • Almost 1,400 companies with Russian capital were created in Turkey in a year

    Interest in Turkey among our compatriots has increased since February last year, not only in terms of temporary or permanent relocation to the warm sea, but also in terms of acquiring their own business in this country. By establishing their «new life» in Turkey, Russians have also become more active in business terms: the number of companies they...

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  • Real estate in Turkey has risen in price by an average of 180% over the year

    As we have already told, according to the Central Bank of the Republic of Turkey, the housing price index in the country increased by 174.3% year-on-year by the last month of the year. Indicators differ for different provinces; residential real estate has risen even more in key cities. So, despite the fact that the average price per 1 sq.m of...

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  • Passenger traffic through Istanbul's air hubs is approaching 100 000 000

    Istanbul continues to be one of the world's key air hubs, especially since the New Airport is increasing its capacity more and more. As a result, last year passenger traffic at the airports of the largest Turkish metropolis exceeded 95 million people. This is immediately 53% more than the previous year - 2021 (65.1 million).   The main mass...

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