Ankara
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We present the most significant news events of the construction and residential real estate market in Turkey for the first week of April. The most important, undoubtedly, is that the draft law banning the sale of housing to foreigners in Turkey, put forward by the opposition, was rejected. So potential investors have nothing to fear at the...
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The February events related to the tremors caused a lot of activity in the real estate market. In fact, by "shaking it up". In particular, there has been a strong increase in demand in the market, which the available housing stock is simply not able to satisfy. And this primarily concerns the rental segment: according to the Endeksa real...
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Important financial structures and corporations in Turkey are preparing to move their headquarters from Istanbul to Ankara, Turkish media write. This is explained by the desire to minimize risks due to the possibility of an earthquake, which is higher in the largest metropolis of the country than in the capital. The headquarters of...
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In parallel with the rapid growth of rent aidat (payment for the maintenance of residential premises) in Turkey is also rapidly increasing. In particular, the figures for Istanbul, Ankara and Izmir – the three largest cities in Turkey - have been announced. For example. In Istanbul over the past year, aidat has "grown" by an average of...
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The annual growth rates of rental prices in Turkey have once again reached record levels, writes Emlakkulisi with reference to the latest data from the BETAM report. Thus, the annual increase in rent was 138.5% in Istanbul, 153% in Ankara and 182.1% in Izmir: and these are only "official" rates. According to the Center for Economic and...
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According to the newly announced data, the housing price index in Turkey increased by 6.9% month-on-month and by 153.1% year-on-year. These are statistics on January reports; in December, the increase compared to the previous month was 5.3%, and for the year - 167.8%. During the analysis of changes in the Housing Price Index in...
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The Head of the Chamber of Real Estate Agents of Ankara, Hakan Akcam, said that there is serious activity in the real estate market in the Turkish capital: only over the past two weeks, a very significant increase in real estate prices has been recorded in Ankara. One of the reasons for this is the spontaneous migration of the inhabitants...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our first spring digest for 2023. The country continues to deal with the consequences of the February disaster. Among the primary tasks is to provide housing for those in need and provide compensation to those whose damaged apartments and houses...
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It was decided to demolish the Dışkapı Yıldırım Beyazıt Educational and Research Hospital in Ankara, which is under the jurisdiction of the Ministry of Health of the Republic of Turkey. He was influenced by the verdict of the Commission for Assessing the Sustainability of Buildings related to the field of medicine: it was created in the capital...
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The President of the Ankara Chamber of Commerce (IT), Gursel Baran, said that IT, which planned to celebrate its 100th anniversary in 2023, would cancel the celebration. Instead, the organization will use funds to build housing for earthquake victims. 100 million Turkish liras (TL) will be allocated for this, within this amount it is planned to...
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