A selection of the most relevant news of the real estate market of the Republic of Turkey is in our weekly digest.
The "sore spot" remains the insecurity of all those in need of housing: many cannot afford to buy their own or rent someone else's. Even such a seemingly protected category as civil servants began to clearly need "support".
Therefore, the authorities decided to financially support those who purchase their first home, in order to reduce the number of applicants for each rented residence. As for civil servants, it has been announced that they can count on compensation for a quarter of the monthly rental fee (25%) and some other assistance.
Other measures to protect the rights of tenants have also been thought out.
Those who want to build their house on the existing site are waiting for state subsidies, taking into account which a factory house can cost only 90 000 Turkish lira.
But foreigners, apparently, prices for apartments and houses in Turkey do not bother: housing sales to investors from abroad intensified immediately after the elections, not even a few days have passed.
Well, a curious fact: several Turkish hotels were among the best on the planet, according to a number of parameters.