![Real estate in Turkey: the main news of the past week – December 24-30](https://turk.estate/en/uploads/images/2022-12/2021_480x320.jpg)
A little over a day before the new year, 2023, we tell you about the most memorable news of the Turkish real estate market of the past seven days.
Such as:
- the November index of branded housing has been announced, which invariably remains a popular product, especially among foreigners;
- Istanbul has set another record: the average cost of 1 sq.m of residential real estate has approached $1,500;
- empty office space in the largest Turkish metropolis, the volume of which has increased markedly with the pandemic, is gradually "reducing" the square footage, and the rental rate is growing;
- at the end of December 2022, the next - New Year 's Eve - sale of factory - assembled houses started;
- analysts presented statistics on the level of ownership of their own housing: now only every second Turkish family has its own roof over its head. In particular, the Department of Mass Housing Construction plans to fix this, which has set itself the goal of providing 2 million households with preferential apartments. Already at the moment there are more than 5 million applicants;
- and, perhaps, the most important news that should be borne in mind for those wishing to purchase housing in Turkey is some tightening of the conditions for obtaining "citizenship by investment", despite the fact that the amount remains unchanged so far.
- We wish our readers a Happy New Year!