News
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In Turkey, real estate sales continue to grow, while the TOP-7 most popular cities and provinces with buyers have not changed since last year and looks like this in 2020: Istanbul, Ankara, Izmir, Antalya, Bursa, Mersin, Konya. If last year the top ten cities and provinces were closed by Adana, Gaziantep and Tekirdag, this year Kocaeli, Gaziantep...
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The pandemic has changed the requirements of real estate buyers in Turkey: people began to give preference to houses with large balconies, with a garden, as close to nature as possible. How has the concept of a safe and comfortable home changed in the wake of the coronavirus pandemic? Five criteria for a healthy home were listed by Kayhan...
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Recently, Turkish developers have been moving to Europe at an increasingly dynamic pace. They buy or lease a large amount of land, build real estate for various purposes and take part in large-scale farming investment projects. If earlier the main directions for Turkish companies included the countries like Sudan, Pakistan, Argentina, Malaysia, the...
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Low-income families who do not have their own real estate in Turkey and live in rented housing receive from 715 to 1150 liras monthly. Turkey provides financial support to its residents on a regular basis, you can apply for this support on the website of the e-government of the Republic. The amount of monthly support for renting an apartment in...
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Of the 20 million Turkish apartment buildings, 7.5 million are seismically unsafe and in need of renovation. This statement, timed to coincide with World Housing Day, was made by Nimetullah Kaya, chairman of the board of directors of the construction and investment company Şua İnşaat (Istanbul). He stressed that the urban transformation of...
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The Minister of Environment and Urban Development of Turkey Murat Kurum has announced that the Republic will soon take measures aimed at reducing the cost of new housing. The main step in this direction will be the 100% use of Turkish building and finishing materials. If the country produces all required construction materials ad use them in...
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Perhaps the main event of the week was the entry into force of the new rules that regulate the work of realtors in Turkey. Since August 31, only licensed agencies have the right to sell or rent apartments in Turkey: realtors who advertise their properties on social networks without new permits will face heavy fines. The authorities hope that the...
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The international real estate analytical portal Global Property Guide has published data on the global growth rates of house prices in the second quarter of 2020. The report covered 49 countries, in 33 of them property prices rose in line with inflation despite the coronavirus pandemic. A steady rise in prices was observed in Thailand (+ 8.16...
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Turkish Minister of Environment and Urban Development Murat Kurum visited Bursa last week and initiated a major urban renovation of the fourth largest city in Turkey. Large-scale transformations, fully funded by the ministry, await the largest district of Bursa - Yildirim. The renovation will affect 250 thousand apartments (1200 residential...
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According to the data published in the quarterly real estate market report in Turkey, 624 thousand apartments and houses were sold in the country for the six months of 2020. What preceded this? The last quarter of 2019 (as well as the first two months in 2020) turned out to be quite busy for the Turkish economy and its commercial structures....
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