Real Estate in Turkey: the main news of the past week — february 10-16

Real Estate in Turkey: the main news of the past week — february 10-16

The Turk.Estate portal invites you to familiarize yourself with the weekly digest of the latest real estate news on the Turkish market.

The authorities continue to make considerable efforts to normalize the rental market. Two million apartments will be checked to ensure that they are properly rented to tenants and all the rules are followed. Unfortunately, it is quite complicated to regulate the annual increase in aidat — unlike rent — at the state level. For example, Istanbul has record holders in the size of aidat are the districts of Beşiktaş, Şişli, Sarıyer, Zeytinburnu and Bahçelievler.

Important infrastructure news include the imminent opening of the Çekmeköy-Sancaktepe route, and discussions surrounding the recent opening of a fragment of the line to the New Istanbul Airport to avoid a land transfer where you have to walk with luggage.

The important infrastructure news includes the upcoming opening of the Chekmekey-Sanjaktepe route and discussion of the recent opening of part of the line to the New Istanbul Airport, which allows you not to make a ground transfer, where you will have to walk with your luggage.

Some details about several interesting housing projects were revealed last week:

  • about a residential complex overlooking the Princes' Islands;
  • about the conceptual project near the Mall of Istanbul;
  • the "hybrid" residential complex in Avcılar, Istanbul;
  • a new boutique complex in Izmir, where the apartments overlook the sea. The sales are coming to an end.
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