Istanbul
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We present some of the most significant news events of the country's real estate market over the past week. The nuances of everyday living remain on the agenda, and especially rental rates, which the government has promised to take under control after the elections. As well as other aspects of the housing rental market: firstly,...
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The Minister of Environment, Urbanization and Climate Change pleased the inhabitants of the Prince Islands with several good news at once. Recall that earlier on the Prince Islands there were difficulties with some title documents regarding certain lands whose status was not approved, or infrastructure. Now, the fate of a number...
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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. According to official statistics published recently, April was not the best month in terms of real estate sales: the volume of transactions fell by 35% compared to the same month of the previous year. Foreigners also bought...
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New details of the project of the National Garden on the basis of the former Ataturk Airport - the National Park, which continues to prepare for the opening, have become known. The Ataturk Airport National Garden will become the fifth largest park of its kind in the world, and the largest in Turkey. To date, 10,081 trees and 41 thousand...
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The entire Istanbul Financial Center is planned to be opened in the next 3-4 months: minor improvements remained, writes Emlakkulisi. Recall that the first stage of the new "business heart" of Istanbul was put into operation quite recently. As part of the second stage, the Central Bank sector will be opened, as well as a number of leased...
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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. Last week was "marked" primarily by the announcements of several very large projects at once. These include a megacomplex of more than 500 residences in Istanbul's Pendik district and KIPTAŞ Karanfilköy in another sought-after...
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Istanbul Municipality (IBB) is still discussing what to do with hundreds of thousands of empty residences in the metropolis. After all, an impressive amount of living space in Istanbul is not for rent or for sale, and no one lives there for a long time; at the moment, according to approximate estimates, it is from 450 000 to 750 000 houses or...
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Developer Pacific GYO has officially announced the start of pre-sales in its next project Next Level Istanbul, which will appear in the largest Turkish metropolis. The more precise location of the new residential complex is Besiktas; the facade also faces Buyukdere Street - one of the main "blood arteries" of this area. Next Level...
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The largest Turkish metropolis is the place where the debate about the risk of earthquakes is most intense, especially after the February events. In addition to the already existing nationwide program for the transformation of cities, the issue of not just moving citizens, but also the transfer of a number of buildings from risky areas to safer...
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Consisting of 513 residences at once, a major project from developer Biskon Yapı will "update" Istanbul's Pendik district, Dolayoba quarter. It will be erected on land owned by Iller Bank. A name has already been chosen for the complex - Referans Pendik. The volume of investments will amount to 1,514,741,443 Turkish lira (TL). The area of...
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