News and articles
-
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...
Read more -
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...
Read more -
According to the results of the last year, 2022, Turkey was the first of 56 states that were assessed by the growth of rental rates. This was reported by the Aydınlık portal, referring to the statistics it received from the international analytical company Knight Frank. So, in 2022, on average in Turkey, rental prices increased by...
Read more -
Factory-built houses continue to attract the attention of potential homeowners, especially since apartment prices continue to rise. And in January, a promotional price was announced for a two-level prefabricated house - that is, a duplex of 4 + 1 format with an area of 157 square meters. According to Emlak365, the analysts of this portal...
Read more -
The most up–to-date information guides of the Turkish real estate market are in our traditional weekly selection. Analysts in January continue to analyze the results of 2022. So, over the past seven days, a lot of statistical data and interesting facts have been published. So, it turned out that: men purchase...
Read more -
The Office of Mass Housing Construction TOKI announced one of the first preferential programs in 2023 for the purchase of housing. In this case, the property is offered with a 25% discount and, moreover, in installments, the repayment period of the remaining debt is 180 months (15 years). The minimum monthly payment starts from about 1,600 Turkish...
Read more -
Disputes between landlords and tenants are intensifying; so, the intensity of «passions» in this area has reached a new level. Tenants, on the one hand, are not ready to pay exorbitant amounts; on the other hand, protesting, sometimes try to prevent the owners from selling the house – when they want to make a profit from the sale, since they could...
Read more -
The year of 2022 was turbulent not only in terms of rising prices for renting and selling housing in Turkey, but also in terms of numerous changes in everyday life. There were large and small legislative initiatives (from raising the financial threshold for obtaining citizenship for investments from $250,000 to $400,000 and to adaptation courses...
Read more -
Another, the third, completely «unmanned» metro line has been opened in the largest metropolis of Turkey - Istanbul. According to Turkish media, this is a line called the M8 with a length of just over fourteen kilometers (14.3 km). There are 13 stations scattered along this route. The metro line is designed for the movement of trains...
Read more -
Chairman of the Board of Nef Erden Timur and President of Mastertürk Group Gokhan Tash said that the Republic of Turkey now ranks first in Europe in housing sales; the volume of sales of residential real estate for December 2022 is impressive. Erden Timur, referring to the statistics obtained at the end of the year, explained that in...
Read more