News and articles

  • Prices for the sale of housing in Istanbul are growing faster than rental rates

      The cost of residential real estate in Istanbul has increased by 241% percent over the past year alone, and rental rates – by 145%.   Recall that prices for residential real estate, which are already constantly increasing, have been showing a truly explosive growth in Turkey over the past 2-3 years due to the rise in the cost of...

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  • The infrastructure of Alanya has been replenished with a «dog's paradise»

    A few days ago, a solemn opening ceremony of a new infrastructure project initiated by the mayor of the resort city of Alanya – Adem Murat Yudzhel took place. Dedicated to the World Animal Protection Day, a «Dog Garden» was opened in Alanya: a kind of natural habitat for street dogs.    By the way, a «Cat Park» has been successfully...

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  • Tan Urla project for 278 residences will occupy 200 hectares

    278 new residences will appear within the framework of Tan Urla near Izmir.  The large-scale complex is located on 200 hectares of land. The format of the residences planned is from 1+1 to 5+1. The minimum size of apartments is 53 square meters (1 +1); the square footage of the 2 +1 format ranges from 110 to 150 square meters, 3 +1 – from 200...

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  • Turkish contractors have implemented $8.7 billion worth of projects abroad

    The Ministry of Commerce has published statistics on the number of projects implemented by Turkish developers outside the country in 2022.   Despite the fact that the fourth quarter has just begun, there is already information about 215 projects implemented at the moment. Their total cost is $8.69 billion.    By the way, in 2021,...

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  • Almost 2.5 million residential units sold in nine months

    Transactions for 2,430,623 units (residential, commercial, etc.) took place in Turkey from January to September 2022, on the territory of 81 provinces.   For nine months, they turned out to be 1,027,784 units of residential and commercial premises; 423,591 land plots; 687,241 lots; 110,080 jobs, etc. As a result, the owners acquired property...

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  • Growth in housing prices in Turkey: mid-term results in August 2022

    Even though August is neither the conclusion of the quarter nor the end of the summer season, real estate market experts still compile mid-term results in September, and it’s precisely based on August statistics that they’re able to “speak” about the year’s performance. People who are interested in the Turkish housing market can also clearly...

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  • Three more new airports will open soon in Turkey

    The Republic of Turkey adheres to plans to open its own airports in every major city. And now the expected opening dates of three new air hubs have been announced, which will begin serving passengers in 2022-2023.   They will be the airports of Chukurov, Bayburt-Gumushkhane and Yozgat.   Chukurov Airport, the base for which has...

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  • 117 villas will appear in CASAFABAY, Bodrum

    New details have become known about the project - a «hybrid» of urban and rural life, which will be built on the Aegean coast, Bodrum.    Recall that there will be residences of the 2 +1, 3 + 1 and 4 +1 format, including 117 villas: both «summer» and year–round living (it even has fireplaces). The area is from 110 to 260 square meters...

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  • Metro to Istanbul's largest airport will open by December

    The long-awaited metro station at the New Airport (which replaced Ataturk Airport) will open in the next one and a half to two months. Namely, until the end of November 2022. This was told by the Minister of Transport and Infrastructure Adil Kara Ismail oglu.   Recall that the New Airport has already become a record holder in a number of...

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  • 524 residences will be built as part of a luxury complex in Izmir

    Due to the new elite project of Iki Konak, 524 new residences will appear in Izmir at once; the developer is Vakıf GYO, already known to buyers for its luxury residential complex in Istanbul.   The building area of the complex on land with an area of 17,000 square meters is defined as 130,000 square meters.    Within the...

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