Antalya
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Owners of olive groves, including those within nature reserves, have listed for sale several plots with olive trees in the Antalya Province. These include, among other areas, plots on the world-famous Kekova Island with a historical heritage site – underwater ruins of an ancient city, and also lands near Kaş, a popular resort town. For instance, an...
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From January to September 2020, residents of different countries bought houses and apartments in Turkey for $ 6.7 billion. Market experts believe that the annual volume of real estate sales to foreigners will reach 7 billion. In total, from January to September, foreigners purchased more than 26,000 units in Turkey. Contractors and property sellers...
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More than 10 thousand earthquake hazardous buildings have been found during inspections and demolished in Antalya and Alanya since 2013. Almost 169 million TL (17.6 million euros) was spent on resettlement of residents whose houses were deemed hazardous. Since 2012, an urban transformation program has been operating in Turkey. The goal of the...
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Residential property sales in Turkey have hit a record high in 2020. The sales rush was fueled by the special mortgage campaign that kicked off in late May. The most popular options among property buyers in Turkey are apartments worth from 400,000 to 800,000 TL (€41,000-82,000), and the most popular floor plans are 2+1 and 3+1. According to...
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In 59 provinces of Turkey, 263 earthquake risk zones have been identified, where 1.5 million residential buildings will be renovated according to the earthquake safety program over the next five years. This information was published by the construction and real estate newspaper in Turkey Emlak Kulisi with reference to the Ministry of Environment...
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The Turkish authorities began to think about a safe and sustainable urban development of the country for the next fifty to one hundred years. The Turkish Ministry of Environment and Urban Development has taken up planning that takes into account today's main threats (coronavirus and earthquakes) and implies a massive transition of Turkish cities to...
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Demand for low-rise houses and villas in Izmir has skyrocketed since the devastating earthquake struck in the Turkish province of Izmir on October 30. Experts of the Turkish real estate market note that some properties have been rising in price by 150,000 TL a day: today a villa costs 850,000 TL, the next day - already 1 million TL. Houses built...
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Experts of the Turkish real estate market recommend investing in land. Land plots are dynamically growing in price. Building plots have risen in price on average by 21 percent over the year throughout the country, farming plots - by 25 percent, industrial plots - by a record 50 percent. The online real estate appraisal platform Endeksacom...
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Turkish nationals are moving to the coasts of the Mediterranean and Aegean Sea because of the coronavirus pandemic. Izmir became the leader in the growth of sales of villas and apartments by the sea in Turkey. The most popular Turkish online newspaper, Yeni Asır, says that the mortgage campaign has led to a rise in prices per square meter. Izmir...
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Prices for land plots aimed for construction in Turkey increased by 21 percent and for farming - by 25 percent. These figures are given by Emlak Kulisi, the construction and real estate newspaper in Turkey. According to the newspaper, the coronavirus has significantly increased the need for people in construction and farming land plots and gardens....
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