News and articles
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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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93 902 real estate units were sold in Turkey during July 2022. Top cities and foreigners In July 2022, a total of 93,902 residential properties were sold. According to the statistics agency TÜİK, this was 12.9% less than in July 2021. Istanbul traditionally occupies 1st place with 14,350 sales and a share of 15.3% of the total transaction number...
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Within the framework of providing social housing from TOKI to those in need of 81 provisions, special attention will be paid to the most vulnerable categories. So, pensioners who do not have their own real estate have been allocated a separate quota. Even in the clarifications to the new draft, it was mentioned that disabled people, relatives of...
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The «rush» in the segment of rental housing for university students has started, Hurriyet writes. This year, applicants and those who are already studying were strongly recommended to find and rent a residence in advance, paying for summer weeks as well, so as not to be left without a roof over their heads for the academic year. As, for example,...
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The period of return on investment in residential real estate in most of the largest cities in Turkey is about 200 months, if it is rented out. However, in some localities, taking into account the jump in prices, this period has somewhat lengthened. The reason experts call a record increase in the cost of housing, caused in turn by...
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Provincial governors have started collecting applications for social housing under TOKI-2022 programs. Recall that inexpensive apartments will be provided to citizens with average and below average incomes in 81 provinces at once. This action, which will become the largest social housing project in the history of the Republic of Turkey, is in full...
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