Istanbul
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We present the next digest of news for the past week. A list of measures to solve the problems of the rental market has been announced; it is clear that it is not complete - but this is at least the beginning. In particular, starting from September 2023, it is planned that the vast majority of disputes between the owner and the tenant will...
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144 villas included in 4 Seasons Istanbul project are put up for sale at the construction stage at once. The developer is Gül Inşaat; it is planned to put the villa complex into operation in 2024. Geographically, 4 Seasons Istanbul will be located in Buyukchekmeje. The villas in it are very spacious - 6 and 7 bedrooms each. Also, each...
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The problem of the shortage of available housing in the rental market of Istanbul is increasing by leaps and bounds. Against this background, "ghost houses" - residential residences that are not used by the owners (which are not for rent, are not for sale, and no one lives in it at the same time) are very annoying to economists. There are 153,000...
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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. The rental housing segment continues to be somewhat feverish, and the authorities continue to make attempts to cope with this phenomenon and take the main processes under control. It has already become known that the...
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It would seem that the new Istanbul Airport, which replaced the Ataturk airport, was opened quite recently. Nevertheless, time flies fast; and since the beginning of its work (October 29, 2018), the air hub has managed to accept and send about 1.5 million flights: from December 29, 2018 to December 31, 2019, it passed through 51.96 million...
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The Artaş Commercial and Industrial Center will soon decorate the Avcılar district of Istanbul. There are 301 premises for shops, warehouses and workshops; the area of such premises varies from 100 to 1,800 sq.m. The ceiling height is 6.9 meters, the width of the corridor is 12 meters, which makes it easy to maneuver even trucks...
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Its own "empire" will appear in Beylikduzu (Istanbul); the sale of residences has already been announced here. And with special offers in honor of the launch of the project. A new complex is being built by a consortium of four partner companies at once within the framework of Mert Holding. Geographically, the new residential...
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The construction of the large-scale TOKI Arnavutköy Baklalı project from the TOKI Mass Housing Construction Department has begun. Work began on June 22, 2023. Here - namely, in the Arnavutkey district of Istanbul, the Baklaly quarter - more than six hundred residences will appear: 621. The infrastructure will also include 10 stores...
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Details of real estate transactions in Istanbul for May 2023 have been published. After the publication of the general monthly report, analysts regularly provide detailed data on the largest cities in Turkey; a little earlier, the figures for Bursa were announced, and now it's Istanbul's turn. So, during May, 18,435 housing units -...
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As usual on Fridays, we bring to your attention a digest of news in the field of residential real estate and construction in Turkey over the past week. The housing rental market continues to boil without subsiding; one of the key news is that the 25% limit on rent increases per year under long-term contracts has been extended, and this has...
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