News and articles
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The Head of one of the key Turkish football clubs Galatasaray, Dursun Ozbek, spoke about the launch of the Kemerburgaz project on a land plot owned by the club. Having made a brief official statement about the upcoming projects and investments of Galatasaray in the real estate sector, which play a significant role in the payments of the club...
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The Office of Mass Housing Construction TOKI proposed to erect houses on unused land belonging to the University of Ankara (ODTÜ), as it's empty anyway. The unoccupied meters are located within the boundaries of the campus, between the university building itself and the forest, and there are quite a lot of them. Thus, it is...
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The authorities of the Republic of Turkey announced financial assistance to those who do not have their own housing and decided to build their own house. They will be able to count on a grant of 0.2 million Turkish liras (200,000 TL). Cash payments will be issued in the form of grants. However, there is a condition: only those who agree to...
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The thematic online platform Emlakjet recently published statistics on rental and sale of housing for July 2022, analyzing the 0.4 million ads available in its database. Analysts also took into account age groups and the budget laid down by tenants for rent. So, in July, 56% of Emlakjet users were interested in buying and selling housing, while...
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TOKI announced the details of the next campaign for the sale of budget housing: it will be possible to purchase 2+1 residences in 12 provinces at once with a starting fee of only 2,246 Turkish lira (TL). The rest of the debt is paid in a convenient installment format for 120 months, 180 months or 240 months. The monthly payment is calculated taking...
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Minister of Environment, Urbanization and Climate Change Murat Kurum clarified misunderstandings regarding the allegedly suspended work on the Istanbul Canal project. In particular, recently there were rumors that the megaproject for the construction of an artificial canal, which will become an alternative to the Bosphorus, was stalled without...
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A selection of the most relevant events of the real estate market of the Republic of Turkey for the week is in the traditional digest of news from Turk Estate. Just a few days ago, analysts will begin to summarize the results of the summer; the last days of it are marked by a large number of informational occasions concerning the social...
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A four-star hotel will be put up for sale at a sought-after resort on the Aegean coast, namely in Marmaris (Mugla province). The accommodation facility will go under the hammer for debts. We are talking about the Maya World Marmaris 4* hotel (IQ Marmaris Hotel), which is located 100 meters from the sea, the promenade and...
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For some time, we undeservedly paid little attention to Turkish cities, focusing mainly on Istanbul. That was a mistake and this unfortunate omission needs to be corrected today. Let us briefly touch on metropolises. Istanbul, with almost 15 million people, if not more, takes first place in terms of size and population. The capital of the Republic...
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The next affordable social housing project was announced by the TOKI Department of Mass Housing Construction in Izmir (recall that standard prices in the province are quite high: the average cost of Izmir housing is from half a million Turkish lira and above). The complex will appear in Bayyndyr district, Yenige quarter. The tender for the...
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