Istanbul
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Developer DAP Yapı has officially announced the launch of his new project in Pendik, Istanbul. The estimated investment volume is more than 1.082 million Turkish liras (TL). At the moment, the Ministry of Environment, Urbanization and Climate Change has started the mandatory process of assessing the potential impact of the new...
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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 December digest. Last week there were several important social news, as well as related to transport infrastructure. The new viaduct in Konya will become a landmark for Turkey and will simplify «communication» between...
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The urban transformation program is not going as fast as planned. As a result, almost a quarter of a million housing units in Turkey's largest metropolis can no longer «wait» - they require immediate strengthening or modernization. The recent devastating earthquake in Dyuzdzha, which only miraculously did not lead to human...
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If we do not talk about the popularity of buying housing from Russians and Ukrainians, investors from other countries prefer Istanbul to other world capitals in terms of real estate investments. Such research results were presented by the international consulting company Price Waterhouse Coopers (PwC). In this sense, out of 30 favorite...
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Istanbul Mayor Ekrem Imamoglu announced a possible increase in the property tax for those owners who do not live in their apartments or houses themselves, and do not rent them out. In Istanbul, there is a catastrophic shortage of quality housing for rent; at the same time, three quarters of a million apartments (about 750,000) stand empty,...
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Towards the end of 2022, updated information about current rental rates in different areas of the largest Turkish metropolis - Istanbul - and its environs appeared in local media. Let's clarify that these are average indicators, and besides official; so, despite the fact that in some places there is still an amount of less than 5,000 Turkish lira...
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A new landmark complex from the developer Som Yapı will decorate one of the Istanbul districts in the European part of the city, Bashkshehir. The project was named Som Olimpiyat Konakları.There are 328 residences planned in 2+1, 3+1 and 4+1 formats; their area starts from 104, 161 and 216 square meters, respectively. With a...
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We present another selection of the most interesting news of the construction and development market over the past seven days. The week was rich in numbers and statistics. Thus, housing prices have increased by 194% over the year, and the volume of housing transactions in Turkey has increased by an average of 7% in 10 months,...
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According to the Resonance Consultancy, Istanbul has entered the top twenty cities in the world. The rating of the 100 most attractive settlements on the planet has been updated, and the largest Turkish metropolis has reached the 20th line. Istanbul also took 11th place in the rating subcategory, namely, «Sights and cultural...
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«Selling» prices for residential real estate increased in October immediately by 191.4% compared to the same period in 2021. While there was a decline in world housing prices, the growth of real house prices in Turkey came to the fore. Here are the details... Such data was presented by the Center for Economic and Social Research of the...
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