News and articles
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At the beginning of summer, the real estate portals Endeksa and Emlakkulisi published data for June 2022 (which was outstanding in terms of the month's sales), for the second quarter/half of the year. A remarkable 150,509 housing units were sold throughout Turkey in June. The volume of transactions increased by 23% compared to the previous month...
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The updated prices for factory-made houses (i.e. ready-made and delivered from the plant, requiring only “construction-set” assembly on site) have been published. You might remember that these prefabricated buildings remain one of the most sought-after products in Turkey’s residential construction: they are far cheaper to assemble than building a...
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The statistical office of the European Union (Eurostat) shared the final data for the first quarter of 2022. According to these numbers, Turkey was the country with the fastest-growing home prices across all Europe over that period. Residential property in the Republic of Turkey became 110% more expensive, while prices in 25 European Union...
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The staggering growth of rental rates forces people to look for various solutions. Some move from the familiar district to a cheaper one; others, from a spacious residence to a smaller apartment. Those who can no longer afford the whole rent for an apartment are looking for roommates, and this becomes increasingly widespread among people of...
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Tahincioğlu Holding has announced the start of the pre-sale period at Nidapark Gündoğan in Gundogan (Bodrum, Mugla Province), with a breathtaking view of Gundogan itself. The Nidapark Gündoğan project is under implementation. Recall that the developer recently announced the start of sales in a project under the same brand - Niddapark Göcek in...
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Highest- and lowest-selling cities In June 2022, 150,509 residential units were sold in Turkey. June sales were 11.7% higher than on the same month last year. Istanbul boasts the best performance with 27,988 sales transactions and accounts for 18.6% of their total number. Istanbul is followed closely by Ankara (13,303 transactions, an 8.8%...
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The Department of Mass Housing Construction (TOKI) pleased residents of Aydin province with the message that a little less than eight hundred budget residences will be distributed here. Namely – 756, in three districts at once. TOKI does not stop holding tenders for the construction of new housing across the country, as the goal is 1.2 million new...
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According to the statistical report published today, home sales to foreigners in June 2022 almost doubled compared to the same month last year (+81.8%): 8630 transactions took place in the sixth month of the year. As a result, the share of transactions with foreigners in total sales amounted to 5.7% - an unprecedented indicator before. As...
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2022 will be an unforgettable year for many investors in real estate in Turkey due to the changing rules regarding upgrades, additions, etc. This began in the spring, when in mid-April the authorities announced that the minimum financial limit for obtaining citizenship for investments would be raised from $250,000 to $400,000. A month later, they...
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Kayseri Municipality announced the sale of residential real estate at a price of only 0.75 million Turkish lira (TL). The format is 2+1 and 3+1 (with two and three bedrooms), with an area of 121 to 175 square meters. Lots 2+1 are estimated at 0.75-1 million TL, 3+1 – in the range of 1-1.25 million TL. In addition to 32 apartments,...
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