News and articles
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A large complex of 1,400 apartments will be launched in Izmir in the next two months. Its name is Forum Göztepe, and it is a branded project: the company's portfolio has another Forum brand project — Forum Bornova (also in Izmir). Moreover, Forum Göztepe is not only a residential complex, but also a hybrid one: with commercial (most likely...
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The latest news of the real estate market of the Republic of Turkey is presented in the traditional weekly digest. Bodrum residents complain about high taxes, which is not surprising: real estate in Mugla, and in the resort of Bodrum in particular, has always been more expensive than in other provinces. Housing for $300,000 has risen in price to a...
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The Cengiz Holding Bodrum project has finally started. The complex, which is being implemented on a land plot of 678,000 square metres, will include 100 villas and a hotel under the international Bvlgari brand. However, the project does not have such a simple fate: its implementation was canceled twice for a certain period of time. Although the...
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The Central Bank's Housing Price Index published at the end of April showed that Turkey is experiencing a record increase in house prices: by 89.2% year-on-year. One of the most sought-after provinces is Sakarya (near Istanbul). This province is famous for its natural beauty and unique location, as well as a number of large industrial enterprises....
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After winter stagnation, the construction and sales sector of property in Turkey has begun to thaw. This trend became more pronounced after the March elections, as some projects and new legislation related to housing were put on hold until after the elections. Content: The construction sector Results in figures and facts Price dynamics by...
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After some winter stagnation, construction and sales sector of property in Turkey has entered a thaw. This was even more true after the March elections: some projects and new legislation directly related to housing were put on hold until after the elections. Content: The construction sector Results in figures and facts Price dynamics by...
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The inflated high property tax in Bodrum has caused disputes and numerous appeals from the inhabitants of this region to the authorities. Before the elections, the candidate for mayor of Bodrum from the People's Alliance, Mehmet Tosun, beat the thresholds of the Bodrum Agricultural Chamber and the local tax inspectorate, representing the interests...
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Those foreigners who have purchased residential real estate — apartments and villas — in Turkey to obtain "citizenship by investment" under an accelerated procedure, sell them. There are two reasons: the first one is a sharp rise in price, which means that it is an opportunity to make good money on the price difference, especially when this housing...
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The real estate market in Northern Cyprus is supported by foreign buyers, although sales in Famagusta have fallen, demand from investors from abroad is still strong, and prices are steadily rising. Nicosia is in high demand. According to official sales statistics published by the Department of Lands and Geodesy, the total number of real estate...
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The attention of investors in Istanbul is attracted by the new Nival Florya project, about the beginning of construction of which we wrote, a branded complex from Nivak Group. It is distinguished from others by unusual "horizontal architecture" style properties, including four-storey ones. Many of them have their own terraces and gardens. The area...
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