News and articles
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest. The most noteworthy announcements of the past seven days are mainly of a social nature. So, the fight against illegally working realtors continues. Since the beginning of autumn, energy prices have...
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The rural project launched under the slogan «Life here is completely different». Başka Köy Milas will surely attract investors interested in nature and especially agriculture. An «alternative village» will appear in Milas, near Bodrum (Mugla province); by the way, the airport of the same name is located nearby, where planes carrying tourists to the...
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Leader and anti-leader cities According to recently published official data, 123,491 residential units were sold in the Republic of Turkey in August 2022. This is a 12.7% decrease compared to August 2021. Istanbul recorded the highest share of transactions in August (18,485 sales, or 15%). The biggest Turkish metropolis in terms of transactions...
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The Office of Mass Housing Construction TOKI has officially announced the imminent launch of a new giant project, a complex overlooking the Istanbul Canal. It will be TOKI Arnavutköy, in the Arnavutkoi district (Cormorant quarter). It will be separated from the Istanbul Canal proper by only a little over two hundred meters...
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A personnel crisis is planned in the construction sector of Turkey. There are a lot of employees, but the most experienced masters with good knowledge and an impressive track record are hired one by one in foreign companies. In other words, they run to work abroad in order to receive a salary in foreign currency. The main reason is that salaries...
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Due to the Alya Merkezefendi project in Zeytinburnu (Istanbul) 456 new modern residences will appear at once. The developer is BOSS4 Gayrimenkul, which, in addition to half a thousand residential premises, has included 15 shops in the complex's accompanying infrastructure, for the convenience of residents. There will also be a fitness club, a...
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The segment of construction and rental of retail and office space is experiencing a period of revival. The Turkish branch of the international analytical company JLL, JLL Turkey, has published a report on the topic «Prospects of the commercial real estate market». So, by the end of the first half of 2022, there were 14 million square meters...
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The Department of Mass Housing Construction (TOKI), which plans to provide cheap housing to needy residents in 81 provinces at once, continues to talk about the nuances of providing a roof over their heads to certain categories of socially unprotected citizens. The key points should be announced today, September 13, 2022, by the President of...
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In autumn, gas and electricity prices rose in Turkey. So, gas has risen in price by 20.4% for residential premises, and immediately by 50.8% for commercial (in this sense, it is good that rates are rising more slowly for heating houses). Approximately the same indicator is for electricity: plus 20% to the price of electricity for...
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A few days ago, an agreement was signed on the construction of an innovative medical center in the city of Alanya. It will be built at the expense of the patron. The medical facility will appear in one of the most popular areas among Russians in terms of buying housing, Mahmutlar. The Mayor of Adem Murat Yudzhel sincerely thanked the...
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