News and articles
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Despite the fact that the volume of housing transactions in July is slightly lower than in previous months, the figures for the first seven months of 2022 confirm positive trends in the construction market. Analysts compared the results of July with June, and on the exchange, sales statistics for January-July 2021 and 2022...
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Finally, the «reformatting» of the rental housing market is gaining momentum. Previously, the owners of apartments and houses raised rates almost every month and clearly preferred tenants from among foreigners. Now, as claims have begun against tenants-citizens of other states, and the «rental bubble» bursts here and there, landlords have...
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The segment of «factory-built houses» - ready-made standard buildings that can be erected on their own land in a minimum period of time - is actively developing. Prices for already more or less run-in models from familiar manufacturers are updated from time to time. This happens about once a season - in spring, summer, etc. The offer...
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Mass inspections of real estate agencies and realtors for the availability of necessary licenses have started on the territory of Turkey, Turkish media report. This is partly caused by the same exorbitant increase in rental prices, about which the authorities are now taking a number of measures, Finance Minister Noureddin Nebati said...
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A selection of the most relevant events of the real estate market of the Republic of Turkey is in our traditional digest. The topic of rent continues to be discussed. Although last week was marked by good news in this segment. Firstly, rental rates have finally started to normalize. The first to burst the «rental bubble» in...
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One of the largest cities in Antalya province, the resort city of Alanya has partially solved the problem of accommodating university students. From August 15 to 22, the distribution of places for female students living in remote areas from the center is underway in the Oba women's dormitory. The hostel is designed for 120 beds. It is...
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In the field of rental housing, the «wind of change» has blown: the rates for renting residences, which in recent months could already be called inadequate (153% for a year and 250% for four years, and these are only official figures; the actual ones are higher), began to fall. In part, it is worth «thanking» the inadequate requirements of...
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Ilbank announced that it is selling 98 plots in seven provinces at once. It is quite possible that this is a «collateral» land inherited by a financial organization from bankrupts and defaulters of loans; whatever it is, it will not create any difficulties for new buyers. But it will be important to them that the terms of purchase are very...
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Second-hand sales of residential real estate in the second quarter of 2022 increased by 45% compared to the same period in 2021. This information was published on the specialized analytical portal about real estate Endeksa with reference to statistics obtained from the Association TÜGEM. The number of secondary transactions increased by...
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Istanbul Municipality continues to invest in the transport system of the metropolis. So, there was news about the new railway «branch» of Sefakey-Beylikdyuzu-Tyyap. The long-awaited metro line will cost the state more than $9 billion. It will pass through the districts of Kyuchukchekmedje, Avcylar, Esenyurt, Beylikduzu and Byukchekmedje;...
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