Economics
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Tonight, we present another digest of the most interesting events in the Turkish development and construction market over the past seven days. Several news directly relate to Russians already living in Turkey from among those who rent or buy real estate or those who are just going to buy it with an eye to moving (and there are a lot...
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Citizens of the Russian Federation have been taking the first «prize place» in the top three leading countries in terms of housing purchases in Turkey for almost six months. Previously, our country was in third place after Iran and Iraq; since spring, it has «pushed» both of these states and firmly holds the «palm of primacy». September was no...
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Recep Tayyip Erdogan announced the seizure of a number of real estate objects in five provinces. The corresponding resolution authorizing the urgent expropriation of real estate has been published in the media. But homeowners don't have to worry: we are talking mainly about industrial facilities. Thus, part of the real estate in...
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An additional payment option appeared just a few days ago among Russians living in Turkey. Recall that Turkish establishments have recently stopped accepting Russian MIR cards for payment, and ATMs for servicing. Despite the fact that it was the MIR maps that were a lifesaver for Russian immigrants and tourists for several months...
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The Ministry of Commerce has published statistics on the number of projects implemented by Turkish developers outside the country in 2022. Despite the fact that the fourth quarter has just begun, there is already information about 215 projects implemented at the moment. Their total cost is $8.69 billion. By the way, in 2021,...
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Transactions for 2,430,623 units (residential, commercial, etc.) took place in Turkey from January to September 2022, on the territory of 81 provinces. For nine months, they turned out to be 1,027,784 units of residential and commercial premises; 423,591 land plots; 687,241 lots; 110,080 jobs, etc. As a result, the owners acquired property...
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The Republic of Turkey adheres to plans to open its own airports in every major city. And now the expected opening dates of three new air hubs have been announced, which will begin serving passengers in 2022-2023. They will be the airports of Chukurov, Bayburt-Gumushkhane and Yozgat. Chukurov Airport, the base for which has...
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Analysts have determined which localities in Turkey are currently considered the most comfortable for everyday life, in terms of studying, working, using social services, and so on. Forbes, based on its own statistics, announced TOP-10 such cities. They were (in order of priority): 1. Istanbul 2. Ankara 3. Izmir 4. Tekirdag 5....
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In addition to the poor, the opportunity to get their own housing at a reduced price and with a convenient installment plan also appeared in middle-income households, writes the portal Emlakkulisi. Minister of Environment, Urbanization and Climate Change Murat Kurum has officially announced that after TOKI provides 0.25 million units...
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Although the «rental housing crisis» has affected Turkish students and applicants directly, nevertheless, Turkey still remains among the leaders in Europe in terms of the number of institutions intended for student accommodation (student dormitories). According to local media, there are more such institutions on the territory of the...
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