Istanbul
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Minister of Transport and Infrastructure Adil Karaismayiloglu has officially announced the date of the long-awaited opening of the Kyakhane metro line-the New Airport. It was supposed to be completed by the end of 2022. The commissioning of the «branch» was slightly delayed, but not significantly – for three weeks, taking into account its...
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Despite the winter and cold weather, the number of water transport routes continues to increase in the largest Turkish metropolis. Namely – ferry «ways». In 2022, several new ones were launched at once, and this is in addition to additional funicular routes and several important fragments of metro lines, including the «branch line» opened...
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The opening of the metro line connecting Kadikoy with Sabiha Gokcen Airport has led to a sharp jump (namely, an increase) in real estate prices in remote areas of the metropolis. Earlier, we reported a 20% increase in tariffs; however, according to data collected by Hepsiemlak, the leading Turkish real estate platform, in some quarters that most...
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The zoning of the Karaburun quarter near the Istanbul Canal under construction implies the construction of residential and commercial premises on an area of 2.8 million square meters, writes Emlakkulisi. In Karaburun, one of the most attractive coastal locations on the Black Sea coast of Istanbul, housing, a shopping center, a hotel and...
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Housing prices in Istanbul are about to exceed the cost of housing in Miami, writes the portal Emlak365. According to the latest Housing Price Index published by the Central Bank, the value of residential real estate in Turkey has increased by 226% in the last 12 months alone. At the same time, the average price per square meter of housing for sale...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our traditional weekly digest. The status of the Istanbul Canal project is on the agenda: there are some difficulties with the zoning of territories. However, the significance of the project is indisputable - in particular, it will contribute to...
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Profilo Shopping Center (Profilo AVM), one of the oldest shopping centers in Turkey, was acquired by Artaş Group. This was reported by the portal Emlakkulisi. By the way, Profilo shopping center became the second largest shopping center that Artaş Group acquired over the past 12 months; the first was Forum Trabzon, which cost Artaş Group...
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RAMS Global has announced the launch of pre-sales for its new project Rams Beyond Istanbul in Maslak (Istanbul district). The details of the project have not yet been fully disclosed to the masses; however, it is known that it will be built on an area of 11 hectares, and its "composition" will include both offices and a hotel of an...
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Some difficulties are evident in Baklaly (Arnavutkey district of Istanbul), where a major project is planned in the immediate vicinity of the future man-made transport "artery" – the Istanbul Canal. Earlier, according to Emlakkulisi, it was announced that thousands of new residences will be built in Arnavutkey, in several queues. In...
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Another of the missions assigned to the man-made multi-kilometer Istanbul Canal is to increase the volume of maritime trade through cooperation in the field of maritime navigation. Including with Panama; this was stated by Deputy Foreign Minister Faruk Kaymakci at a recent meeting of the Foreign Affairs Committee of the National Assembly of Turkey...
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