News
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Gazipasa, the area surrounding the airport of the same name and located closest to the resort city of Alanya in the province of Antalya, is experiencing a significant increase in the cost of both renting and buying properties. This information comes from experts at Endeksa, a predictive real estate data analytics and insights platform, who have...
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Elite residential complexes in Istanbul are rapidly increasing in number, particularly whole neighborhoods consisting of villas. One of those complexes is located in the Bahçeşehir district. It is designed in an Italian style and will consist of over 200 villas. The complex is called Sylvana Istanbul, also in Italian. Covering an area of 44,000 sq...
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A new term that is increasingly referred to in the Turkish media is "rental migration." This is about people who are forced to move to cheaper cities and neighborhoods because they can no longer afford the high rent in their current locations. Rental migration is becoming more common among pensioners, students, and minimum wage workers who are...
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Here, we present detailed statistics of transactions for June 2023 in Bursa, Turkey's fourth largest metropolitan area. In June, 2,990 residences found their owners here; so in the first summer month, Bursa accounted for 3.6% of the housing transactions of the country's total. In this sense, Bursa was in the fifth place throughout Turkey: the...
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This weekly compilation brings you the most important news from the real estate market in the Republic of Turkey. With summer in full swing, it's no surprise that rental housing prices on the Aegean coast have increased by up to 80%. The climate in this region is drier, making it easier to tolerate the current abnormal heat. This price growth...
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According to a statement from the Ministry of Environment, Urbanization, and Climate Change, a total of 32,715 housing units will be constructed in Hatay. The tenders for these projects have already been completed. Hatay is one of the provinces that was severely affected by a devastating earthquake, with its epicenter in Kahramanmaras. According...
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In June 2023, detailed statistics on residential real estate transactions in Istanbul have been released. The results of this are as follows: In Turkey's largest metropolis, 13,578 housing units were bought and sold, accounting for over one-sixth of the total number of transactions in the country. Out of these transactions, 2,148 housing units...
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The Başakşehir Municipality has officially announced that the emergency housing stock in this district of Istanbul, which faces significant infrastructure challenges, has been reduced to 13%. The mayor, Yasin Kartoğlu, declares that Başakşehir is undergoing a transformation and that citizens who want to build their own homes in the area are...
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Apartment and house owners in Turkey who got their hands on buying property on the Aegean Sea can now joyfully rub their hands. Rental rates on this coast have increased by 30-80% this summer, depending on the location. This information comes from Emlakkulisi, referring to the latest research from TSKB Real Estate Appraisal. More...
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Artaş İnşaat is developing a brand-new huge complex, Avrupa Konutları Güneşli, in Istanbul's Bağcılar district. The project will consist of 1,312 residential units and 32 stores, with an estimated cost of over 3.5 billion Turkish liras (3,555,729,286 TL). The developer has already submitted an application to the Ministry of Environment and...
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