News and articles
-
One of the key banks in Turkey has announced its own action. Moreover, even the Office of Mass Housing Construction TOKI cannot offer such favorable conditions. Due to this sale, citizens can become homeowners at very reasonable prices. Namely, with a starting fee of only 16 thousand Turkish lira (TL) and with the ability to pay off the...
Read more -
At the turn of the last two months of 2022, we publish a digest of the most interesting news of the real estate market of the Republic of Turkey over the past week. It is not worth waiting for a decrease in housing prices in the country; the increase in the cost of it even forces potential investors to look for alternatives...
Read more -
Foreigners also complain about the rapid rise in housing prices; and they have begun to postpone making a decision about buying more and more often, Turkish media write. In 2022, sales of residential real estate to citizens of other states increased in comparison with last year, but in many respects, it is necessary to thank Russians...
Read more -
A list of 12 territorial divisions has been announced, which are expected to become separate provinces soon. Namely, after the presidential elections of 2023, writes Emlak365. The popular resort of Alanya in this sense has long been on the agenda; and here are more districts that can gain independence. We also specify their...
Read more -
It's the fourth quarter of the year. Analysts figure out the results of the first nine months, comparing with the figures of the previous year, and predict preliminary results for 2022, taking into account data on the current volume of transactions and the characteristics of the purchased lots. Content: Plus 202% in price Two leading...
Read more -
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...
Read more -
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:...
Read more -
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...
Read more -
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...
Read more -
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...
Read more