News and articles
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The launched program «My New Home» for middle-income households allows you to purchase housing with a preferential interest rate of 0.69% per month. However, potential buyers are warned: do not try to negotiate with the seller and underestimate the cost of housing according to documents in order to reduce payments. In case of detection of the fact...
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The rental market, especially in the most popular cities and districts of Turkey, is already so «overheated» that some of the realtors and homeowners have already begun to arrange a kind of auction for the right to rent an apartment or house of interest. That is, the one who offers the highest monthly rental rate becomes a happy tenant. In...
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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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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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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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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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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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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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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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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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