News and articles

  • Citizens were promised to subsidize rent and reduce the loan rate

    Recently, the interest of the local population in the urban transformation program has noticeably decreased. One of the reasons for this is the minimum level of assistance in renting housing provided by the state to those moving. The authorities are naturally asked the question: should we wait for an update of measures to help the population in...

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  • Factory houses can be bought without an entry fee and with a monthly payment of 1,300 Turkish liras

    For some residents of Turkey, there were opportunities to build prefabricated (so-called «factory») houses, partially sponsored by the state. Which means that you can become the owner of your own home with minimal costs by making monthly payments.   So, those who own land, real estate market analysts advise to take a closer look at this...

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  • Real estate in Turkey: the main news of the past week – January 28-February 3

    A selection of the most relevant news of the Turkish real estate market is in our weekly digest.    Russians continue to surprise: in 2022, they not only bought the most real estate - we mean, in comparison with citizens of any other states - but also opened the most firms and enterprises in Turkey: almost 1400...

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  • 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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