News and articles
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest. The first week of the new year, 2023, was "marked" mainly by statistical news. Although the topic of investments of foreign citizens in the real estate sector of Turkey - and the volume of investments - remain on the agenda...
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The world-famous Kempinski hotel group has agreed with the Turkish developer Nef for joint projects in Bodrum and Sapanja. The contracts were signed in the amount of 365 million euros. Kempinski Group, which has long considered scaling up its activities in the Turkish market, will entrust Nef with the construction of two luxury complexes at...
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Istanbul Municipality (IBM) announced that it is going to sell at auction three plots of land belonging to it located on the territory of the province. Namely, in the areas of the megalopolis Kyatkhane, Basakshehir and Pendik.Auctions for the sale of land will be held until January 11, 2023. The area of the land plot located in the Gyursel...
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Both above-mentioned Turkish megacities are developing at a rapid pace, especially Istanbul, due largely to the laying of new routes and metro lines. Changes in the "web" of transport infrastructure in turn change the "alignment" in the residential and commercial real estate field. The attractiveness of certain areas with increased transport...
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Minister of Environment, Urbanization and Climate Change Murat Kurum said that his department, together with the Ministry of Finance, has reached the final stage of discussing the terms of the program for providing preferential housing to middle-income citizens. That is, not only the poor. The details of the action are promised to be...
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Turkey continues to "increase momentum" in the sense of interest in buying residential real estate on its territory from the Russians. Analysts have yet to sum up the final results of 2022, but it has long been obvious that the Republic of Turkey is leading by a huge margin. Despite the popularity of the UAE as an investment...
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At once three five-star hotels in Turkey were among the top ten accommodation facilities in the world, according to a Bounce-organized study that took into account both customer reviews and the price-quality ratio, taking into account the cost of the day. One facility in Antalya and two in Istanbul became favorites. Here are...
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The General manager of EVA Real Estate Appraisal, Jansel Turgut Yazidji, reported that an average of about 1.4 million residential units are successfully implemented on the territory of the Republic of Turkey every year, recalled that the need for affordable housing in the country still exists. There is housing for sale, as well as a...
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In a large-scale residential complex - almost a mini-city - overlooking the Istanbul Canal, the construction of which has been actively discussed in the Turkish media for the past year, it was decided to cancel the tender for the construction of the third stage for the time being. This was reported by the Department of Mass Housing Construction...
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Deputy Minister of Internal Affairs of the Republic of Turkey Ismail Chatakli said shortly before the New Year holidays that the total number of citizens of other countries who crossed the border of Turkey and are now on its territory with a temporary residence permit (residence permit) or permanently has already exceeded the threshold of five...
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