News and articles
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Turk Estate regularly posts information on price trends in various cities and regions of this country to help you navigate real estate purchasing. Our readers are particularly interested in new developments concerning application for a residence permit and the details of everyday life in Turkey, particularly now, when the current events have taken...
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The Office of Mass Housing Construction TOKI, as part of a nationwide project to provide citizens with affordable housing, is implementing a total of 589 more apartments in five new projects at once, all on the territory of the Turkish capital. The districts already selected for this are Gyudul, Chankaya, Nallyhan, Bala and Chubuk. Thus,...
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Emaar Group (Emaar Grubu), which has already invested more than $2.5 billion in Turkey to date, has started looking for land for the next ideas. In particular, the company wants to buy plots in Antalya, Bodrum, as well as in Istanbul for housing projects. Foreign companies from the real estate segment continue to invest in Turkey. Emaar...
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Another good news awaits the residents of Istanbul, as well as numerous tourists: bank cards will soon be accepted for payment in public transport. Recall that earlier Istanbulkart and in some places - travel tickets were «in use». Now, as it became known, the municipality has signed an agreement with the Mastercard payment...
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The rent for housing in Turkey has increased on average by more than 100% over the year. However, there are a number of areas where tariffs are growing much faster, and this process will remain more intensive in them than in others. According to the general director of the real estate appraisal company EVA Gayrimenkul Değerleme,...
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By the end of November, it is not only analysts busy collecting statistics on the number and quality of residential real estate transactions. Sales departments in development and real estate companies are also finding out about the relevant factors and how they affect the volume of purchased real estate. This is not only the quantity, quality,...
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In one of the landmark projects from Akyapı, a company with 25 years of experience in the real estate market, sales have finally officially started. We are talking about the Big Country villa complex, located in Buyukcekmej (Istanbul). In this «city of villas», 126 residences are offered to buyers, all are detached mansions. The...
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The transport infrastructure of the largest Turkish metropolis continues to develop on all «fronts». Last weekend - October 28, 2022 - two new ferry routes were opened at once: one - Ashiyan-AnadoluHisary-Kyuchuksu, and the second - Ashiyan-Uskyudar. The «lines» of funiculars have also been added; the new line also starts from Ashian....
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The results of the new REIDIN-GYODER «New Housing Price Index» for September 2022 have been published. According to the report, in September 2022, housing prices increased by 3.39% compared to the previous month and by 94.75% compared to the same period last year. Let's clarify that the Index evaluates the indicators of mainly residential real...
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Over the past two years, construction costs have increased approximately threefold, according to the department analyzing the value of EVA real estate (EVA Gayrimenkul Değerleme). And for certain categories of materials – even more: iron has risen in price 4.5 times since 2020, and 2 times since 2021. Moreover, prices vary by city, they...
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