News and articles
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The «web» of high-speed rail routes in Turkey continues to expand rapidly, connecting key cities with each other. There are many routes, in particular, from the capital of the Republic of Ankara. The other day we reported on more than 99% readiness of the infrastructure for the launch of the Ankara-Sivas line, which will reduce the travel time six...
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The rapid increase in the cost of housing forces those wishing to invest savings in real estate to turn to alternative options. Namely – to non-residential real estate: commercial, etc. In October 2022, 153,587 such objects were sold in Turkey – one and a half times more than housing units (102,606). Which is not surprising:...
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The cost of one square meter of residential real estate on average in Turkey has reached 12,571 Turkish lira (TL), and the average cost of one housing unit is now equal to 1,634,230 TL, analysts say. The average payback period for housing investments at the moment is still 19 years. According to Endeksa, housing prices in Istanbul...
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Although the volume of residential real estate sales in October decreased compared to the previous year, it is not worth expecting a decline in housing prices due to a slowdown in demand, analysts believe. Some experts note that the rise in the cost of construction has not yet fully affected the market value of housing. Which, on the...
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Towards the end of 2022, updated information about current rental rates in different areas of the largest Turkish metropolis - Istanbul - and its environs appeared in local media. Let's clarify that these are average indicators, and besides official; so, despite the fact that in some places there is still an amount of less than 5,000 Turkish lira...
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Istanbul remains the most sought-after city in Turkey in terms of real estate purchasing and one of the most expensive locations in terms of rent. New records are consecutively set in this area. So, in the approx. central Istanbul districts, there are no apartments cheaper than 6,000 Turkish liras (TL) for rent. When the previous report in April (...
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A few days ago, both local Antalya media and social networks «blew up» the news that on the portal Change.org A petition has been launched demanding a ban on the sale of housing to citizens of other states on the territory of Antalya province. That is, in such popular resorts as Antalya, Alanya, Side, Belek, Kemer, Manavgat, Kash, Kalkan, etc...
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Due to the new high-speed train route, the duration of travel from Ankara to Sivas and back will decrease from 12 to a little over two hours, Anadolu Ajansi writes. Minister of Transport and Infrastructure Adil Karaismayiloglu said that a 99.67% readiness indicator has been achieved in infrastructure works on the new high-speed train line, namely...
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A new landmark complex from the developer Som Yapı will decorate one of the Istanbul districts in the European part of the city, Bashkshehir. The project was named Som Olimpiyat Konakları.There are 328 residences planned in 2+1, 3+1 and 4+1 formats; their area starts from 104, 161 and 216 square meters, respectively. With a...
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The draw for social housing from TOKI has officially started. In Istanbul, Ankara and Izmir, the winners are selected from among the candidates. The social housing project is designed to provide a roof over the heads of those who cannot buy an apartment at market value. The sale of residences will be carried out with a 10% entry fee,...
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