Economics
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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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Gross sales of companies operating in the Turkish construction sector have been increasing regularly over the period 2016-2021. As a result, it reached a volume of 620.8 billion Turkish lira (TL) according to the data for the last 12 months recorded in the report. This information is contained in the results of the study «Industry...
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The President of the Russian Federation signed a critical signature for the project, emphasizing the importance of the construction of the Akkuyu NPP. It should be clarified that the agreement on work on the project on the first power plant in Turkey, signed between the Turkish company IC Içtaş and the Russian side, was terminated on July...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest. Land plots are being sold in 40 Turkish provinces at once: 499 lots. Land plots generally remain «on the agenda» for several months: land plots are one of the most stable investments, especially with a purpose for residential...
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The Turkish Institute of Statistics TÜIK announced another record recorded by the end of summer: the construction cost index increased by 6.46% compared to the previous month and by 114.74% compared to the same month of the previous year. According to the rating published before (by the end of July 2022, compared to July 2021), the construction...
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According to the results of the first eight months of 2022 - from January to August - sales in all categories show steady positive dynamics. Well, in the segment of mortgage transactions, the increase was almost 40%. Here are the exact numbers: the number of mortgage transactions - 211,631 versus 152,096 (for January-August...
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